{"id":112152,"date":"2019-11-05T17:02:51","date_gmt":"2019-11-05T10:02:51","guid":{"rendered":"http:\/\/www.siamlandbank.com\/propertynews\/property-news\/shenzhens-buyers-snap-up-new-homes-two-weekends-in-a-row-defying-a-government-plan-to-flood-chinas-silicon-valley-with-cheap-public-abodes\/"},"modified":"2019-11-05T18:03:42","modified_gmt":"2019-11-05T11:03:42","slug":"shenzhens-buyers-snap-up-new-homes-two-weekends-in-a-row-defying-a-government-plan-to-flood-chinas-silicon-valley-with-cheap-public-abodes","status":"publish","type":"post","link":"https:\/\/www.siamlandbank.com\/propertynews\/property-news\/shenzhens-buyers-snap-up-new-homes-two-weekends-in-a-row-defying-a-government-plan-to-flood-chinas-silicon-valley-with-cheap-public-abodes\/","title":{"rendered":"Shenzhen\u2019s buyers snap up new homes two weekends in a row, defying a government plan to flood China\u2019s Silicon Valley with cheap public abodes"},"content":{"rendered":"


\nShenzhen\u2019s homebuyers are rushing to snap up newly completed residential property, ignoring a plan by the local authority to flood the market with 1 million cheap public housing flats.Sales of new homes increased for two consecutive weekends, after the city\u2019s government announced an ambitious plan to add a million public homes to the housing supply, capping their prices at 50,000 yuan (US$7,148) per square metre (HK$5,200 per square foot) on October 23.The strong demand for housing underscores\u2026
\n
\nSource : South China Morning Post
\nRead more…Shenzhen\u2019s buyers snap up new homes two weekends in a row, defying a government plan to flood China\u2019s Silicon Valley with cheap public abodes<\/a><\/p>\n","protected":false},"excerpt":{"rendered":"

Shenzhen\u2019s homebuyers are rushing to snap up newly completed residential property, ignoring a plan by...<\/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-112152","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-taU","jetpack-related-posts":[{"id":124580,"url":"https:\/\/www.siamlandbank.com\/propertynews\/property-news\/shenzhens-2021-lived-in-home-sales-shrink-to-15-year-low-as-chinas-property-market-freeze-sets-in\/","url_meta":{"origin":112152,"position":0},"title":"Shenzhen\u2019s 2021 lived-in home sales shrink to 15-year low as China\u2019s property market freeze sets in","date":"February 15, 2022","format":false,"excerpt":"\r Shenzhen\u2019s housing market has gone into deep freeze, as a mixture of anti-speculation measures and a slowing economy sent the market contraction into overdrive, causing sales of lived-in homes in the secondary market to plunge to a 15-year low.Sales of second-hand homes plunged 60 per cent to 40,699 last\u2026","rel":"","context":"In "Property News"","img":{"alt_text":"","src":"","width":0,"height":0},"classes":[]},{"id":39462,"url":"https:\/\/www.siamlandbank.com\/propertynews\/property-news\/shenzhens-meteoric-housing-market-to-slow-in-2017-but-risk-of-a-bubble-remains-analysts-say\/","url_meta":{"origin":112152,"position":1},"title":"Shenzhen\u2019s meteoric housing market to slow in 2017, but risk of a bubble remains, analysts say","date":"January 3, 2017","format":false,"excerpt":"\r The pinnacle of China\u2019s booming property market can be seen at its southern tip in Shenzhen, the country\u2019s own \u201cSilicon Valley\u201d. People from all over China are drawn to this mecca of technology, with start-ups and companies rapidly developing capabilities for internet and financial services, automation, robotics, artificial intelligence,\u2026","rel":"","context":"In "Property News"","img":{"alt_text":"","src":"","width":0,"height":0},"classes":[]},{"id":148353,"url":"https:\/\/www.siamlandbank.com\/propertynews\/property-news\/shenzhens-us2-5-billion-land-sale-is-a-bright-spot-for-chinas-sluggish-property-market\/","url_meta":{"origin":112152,"position":2},"title":"Shenzhen\u2019s US$2.5 billion land sale is a bright spot for China\u2019s sluggish property market","date":"December 3, 2024","format":false,"excerpt":"\r China Overseas Land and Investment and China Resources Land snap up 263,000-square-metre parcel in Nanshan district.\r \r Source : South China Morning Post\r Read more...Shenzhen\u2019s US.5 billion land sale is a bright spot for China\u2019s sluggish property market","rel":"","context":"In "Property News"","img":{"alt_text":"","src":"","width":0,"height":0},"classes":[]},{"id":116804,"url":"https:\/\/www.siamlandbank.com\/propertynews\/property-news\/shenzhen-raises-supply-of-new-homes-as-chinas-tech-hub-moves-to-curb-surging-house-prices\/","url_meta":{"origin":112152,"position":3},"title":"Shenzhen raises supply of new homes as China\u2019s tech hub moves to curb surging house prices","date":"May 31, 2020","format":false,"excerpt":"\r Shenzhen plans to drastically increase the supply of new housing this year, as it ramps up efforts to curb a rapid gain in home prices amid nascent signs of an asset bubble emerging in the post-pandemic period.The city is set to make a further 69,350 flats available by the\u2026","rel":"","context":"In "Property News"","img":{"alt_text":"","src":"","width":0,"height":0},"classes":[]},{"id":140569,"url":"https:\/\/www.siamlandbank.com\/propertynews\/property-news\/easing-of-shenzhens-housing-market-policies-may-lift-sentiment-but-is-limited-and-could-be-offset-soon-heres-why\/","url_meta":{"origin":112152,"position":4},"title":"Easing of Shenzhen\u2019s housing market policies may lift sentiment, but is limited and could be offset soon. Here\u2019s why","date":"December 4, 2023","format":false,"excerpt":"\r Homebuyers in Shenzhen have shown interest in upgrading their homes after the local government eased some policy measures, but expectations of lower incomes amid slower economic growth mean that people are still hesitant about big-ticket purchases.\r \r Source : South China Morning Post\r Read more...Easing of Shenzhen\u2019s housing market\u2026","rel":"","context":"In "Property News"","img":{"alt_text":"","src":"","width":0,"height":0},"classes":[]},{"id":94925,"url":"https:\/\/www.siamlandbank.com\/propertynews\/property-news\/shenzhens-largest-urban-village-thrives-despite-demolition-orders\/","url_meta":{"origin":112152,"position":5},"title":"Shenzhen\u2019s largest \u2018urban village\u2019 thrives despite demolition orders","date":"July 28, 2018","format":false,"excerpt":"\r Without Baishizhou\u2019s cheaper housing, Shenzhen\u2019s tech companies could not have thrived\r \r Source : ft.com\r Read more...Shenzhen\u2019s largest \u2018urban village\u2019 thrives despite demolition orders","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\/112152"}],"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=112152"}],"version-history":[{"count":0,"href":"https:\/\/www.siamlandbank.com\/propertynews\/wp-json\/wp\/v2\/posts\/112152\/revisions"}],"wp:attachment":[{"href":"https:\/\/www.siamlandbank.com\/propertynews\/wp-json\/wp\/v2\/media?parent=112152"}],"wp:term":[{"taxonomy":"category","embeddable":true,"href":"https:\/\/www.siamlandbank.com\/propertynews\/wp-json\/wp\/v2\/categories?post=112152"},{"taxonomy":"post_tag","embeddable":true,"href":"https:\/\/www.siamlandbank.com\/propertynews\/wp-json\/wp\/v2\/tags?post=112152"}],"curies":[{"name":"wp","href":"https:\/\/api.w.org\/{rel}","templated":true}]}}