{"id":111784,"date":"2019-10-22T12:00:05","date_gmt":"2019-10-22T05:00:05","guid":{"rendered":"http:\/\/www.siamlandbank.com\/propertynews\/property-news\/china-developers-cut-prices-by-up-to-10-per-cent-to-spur-sales-amid-slowdown-as-policymakers-maintain-market-curbs\/"},"modified":"2019-10-22T15:03:57","modified_gmt":"2019-10-22T08:03:57","slug":"china-developers-cut-prices-by-up-to-10-per-cent-to-spur-sales-amid-slowdown-as-policymakers-maintain-market-curbs","status":"publish","type":"post","link":"https:\/\/www.siamlandbank.com\/propertynews\/property-news\/china-developers-cut-prices-by-up-to-10-per-cent-to-spur-sales-amid-slowdown-as-policymakers-maintain-market-curbs\/","title":{"rendered":"China developers cut prices by up to 10 per cent to spur sales amid slowdown as policymakers maintain market curbs"},"content":{"rendered":"


\nChina\u2019s property developers are pricing their new home projects at a discount to drum up sales amid market-cooling measures, seeking to boost cash as a sliding currency raises the cost on debt repayment.Some builders are cutting as much as 10 per cent off their selling prices to boost cash flows, after latest official data showed the economy grew last quarter at the slowest pace since records began in March 1992.The economic report was followed by data showing September new home prices \u2026
\n
\nSource : South China Morning Post
\nRead more…China developers cut prices by up to 10 per cent to spur sales amid slowdown as policymakers maintain market curbs<\/a><\/p>\n","protected":false},"excerpt":{"rendered":"

China\u2019s property developers are pricing their new home projects at a discount to drum up...<\/p>\n","protected":false},"author":1,"featured_media":0,"comment_status":"false","ping_status":"open","sticky":false,"template":"","format":"standard","meta":{"spay_email":"","footnotes":"","jetpack_publicize_message":"","jetpack_is_tweetstorm":false,"jetpack_publicize_feature_enabled":true},"categories":[1],"tags":[],"class_list":["post-111784","post","type-post","status-publish","format-standard","hentry","category-property-news"],"jetpack_featured_media_url":"","jetpack_publicize_connections":[],"jetpack_sharing_enabled":true,"jetpack_shortlink":"https:\/\/wp.me\/p75ss1-t4Y","jetpack-related-posts":[{"id":110068,"url":"https:\/\/www.siamlandbank.com\/propertynews\/property-news\/china-home-buyers-wait-for-better-deals-as-developers-see-big-drop-in-contracted-sales-in-july-amid-economic-slowdown\/","url_meta":{"origin":111784,"position":0},"title":"China home buyers wait for better deals as developers see big drop in contracted sales in July amid economic slowdown","date":"August 21, 2019","format":false,"excerpt":"\r Potential homebuyers in China are waiting on the sidelines, hoping for better deals.New data suggests a break in prices might be coming.In July, China\u2019s top 10 builders recorded a month-on-month fall of 80 billion yuan (US$11.4 billion) in total contracted sales, due to a combination of a slowdown in\u2026","rel":"","context":"In "Property News"","img":{"alt_text":"","src":"","width":0,"height":0},"classes":[]},{"id":123404,"url":"https:\/\/www.siamlandbank.com\/propertynews\/property-news\/major-chinese-cities-cut-land-auction-prices-by-up-to-20-per-cent-to-lure-cash-strapped-developers-amid-market-gloom\/","url_meta":{"origin":111784,"position":1},"title":"Major Chinese cities cut land auction prices by up to 20 per cent to lure cash-strapped developers amid market gloom","date":"November 24, 2021","format":false,"excerpt":"\r Major cities in China are slashing the price of land they are auctioning off in an effort to attract bids from cash-strapped property developers facing a market downturn.Beijing put 12 parcels of land on the market on November 19, including two in eastern Chaoyang district with a combined reserve\u2026","rel":"","context":"In "Property News"","img":{"alt_text":"","src":"","width":0,"height":0},"classes":[]},{"id":57080,"url":"https:\/\/www.siamlandbank.com\/propertynews\/property-news\/chinas-big-developers-saw-sales-decline-in-may-on-property-curbs\/","url_meta":{"origin":111784,"position":2},"title":"China\u2019s big developers saw sales decline in May on property curbs","date":"June 6, 2017","format":false,"excerpt":"\r China\u2019s top three mega developers, which represent a tenth of the country\u2019s market, saw their contracted sales drop 14.4 per cent month on month in May as property tightening measures continue to weigh on the market and developers delay sales amid price controls. The big three delivered combined sales\u2026","rel":"","context":"In "Property News"","img":{"alt_text":"","src":"","width":0,"height":0},"classes":[]},{"id":108598,"url":"https:\/\/www.siamlandbank.com\/propertynews\/property-news\/sales-at-chinas-top-100-developers-slow-down-in-the-first-half-as-property-curbs-bite\/","url_meta":{"origin":111784,"position":3},"title":"Sales at China\u2019s top 100 developers slow down in the first half as property curbs bite","date":"July 1, 2019","format":false,"excerpt":"\r Sales at China\u2019s top 100 developers slowed significantly in the first half, and the outlook for the second half remains weak amid a tightening of home buying restrictions and a funding squeeze on builders in place since May, a report from property consultancy CRIC showed on Monday.Excluding revenue from\u2026","rel":"","context":"In "Property News"","img":{"alt_text":"","src":"","width":0,"height":0},"classes":[]},{"id":28355,"url":"https:\/\/www.siamlandbank.com\/propertynews\/property-news\/singapore-house-prices-fall-by-most-in-seven-years\/","url_meta":{"origin":111784,"position":4},"title":"Singapore house prices fall by most in seven years","date":"October 3, 2016","format":false,"excerpt":"\r Singapore home prices have dropped by the most in more than seven years as developers offered discounts amid signals from the government that it will not roll back property curbs initiated in 2009.An index tracking private residential prices fell 1.5 per cent in the three months ended September 30\u2026","rel":"","context":"In "Property News"","img":{"alt_text":"","src":"","width":0,"height":0},"classes":[]},{"id":99484,"url":"https:\/\/www.siamlandbank.com\/propertynews\/property-news\/chinese-developers-set-for-disappointing-october-as-cash-discounts-fail-to-spur-golden-week-sales\/","url_meta":{"origin":111784,"position":5},"title":"Chinese developers set for disappointing October as cash discounts fail to spur Golden Week sales","date":"October 10, 2018","format":false,"excerpt":"\r The seven-day Golden Week holiday used to be a busy time for developers, but not this time. Analysts expect the weakest October in recent memory and see developers offering more price cuts after sales in 31 cities, monitored by property consultancy CRIC, fell 27 per cent year on year.\u2026","rel":"","context":"In "Property News"","img":{"alt_text":"","src":"","width":0,"height":0},"classes":[]}],"_links":{"self":[{"href":"https:\/\/www.siamlandbank.com\/propertynews\/wp-json\/wp\/v2\/posts\/111784"}],"collection":[{"href":"https:\/\/www.siamlandbank.com\/propertynews\/wp-json\/wp\/v2\/posts"}],"about":[{"href":"https:\/\/www.siamlandbank.com\/propertynews\/wp-json\/wp\/v2\/types\/post"}],"author":[{"embeddable":true,"href":"https:\/\/www.siamlandbank.com\/propertynews\/wp-json\/wp\/v2\/users\/1"}],"replies":[{"embeddable":true,"href":"https:\/\/www.siamlandbank.com\/propertynews\/wp-json\/wp\/v2\/comments?post=111784"}],"version-history":[{"count":0,"href":"https:\/\/www.siamlandbank.com\/propertynews\/wp-json\/wp\/v2\/posts\/111784\/revisions"}],"wp:attachment":[{"href":"https:\/\/www.siamlandbank.com\/propertynews\/wp-json\/wp\/v2\/media?parent=111784"}],"wp:term":[{"taxonomy":"category","embeddable":true,"href":"https:\/\/www.siamlandbank.com\/propertynews\/wp-json\/wp\/v2\/categories?post=111784"},{"taxonomy":"post_tag","embeddable":true,"href":"https:\/\/www.siamlandbank.com\/propertynews\/wp-json\/wp\/v2\/tags?post=111784"}],"curies":[{"name":"wp","href":"https:\/\/api.w.org\/{rel}","templated":true}]}}