{"id":114329,"date":"2020-02-17T11:56:35","date_gmt":"2020-02-17T04:56:35","guid":{"rendered":"http:\/\/www.siamlandbank.com\/propertynews\/property-news\/china-evergrande-slashes-prices-of-all-new-flats-by-a-quarter-as-coronavirus-leaves-developers-struggling-with-plunging-house-sales\/"},"modified":"2020-02-17T12:08:07","modified_gmt":"2020-02-17T05:08:07","slug":"china-evergrande-slashes-prices-of-all-new-flats-by-a-quarter-as-coronavirus-leaves-developers-struggling-with-plunging-house-sales","status":"publish","type":"post","link":"https:\/\/www.siamlandbank.com\/propertynews\/property-news\/china-evergrande-slashes-prices-of-all-new-flats-by-a-quarter-as-coronavirus-leaves-developers-struggling-with-plunging-house-sales\/","title":{"rendered":"China Evergrande slashes prices of all new flats by a quarter as coronavirus leaves developers struggling with plunging house sales"},"content":{"rendered":"


\nOne of China\u2019s largest developers will slash the prices of all its new flats by a quarter in what it says is the biggest ever nationwide price cut, as the coronavirus outbreak threatens to derail China\u2019s all-important housing market.China Evergrande, the country\u2019s third biggest builder by value, said it will kick off a one-and-a-half-month campaign offering discounts of up to 25 per cent at all of its projects across the country.The company, chaired by China\u2019s third-richest person, Xu Jiayin,\u2026
\n
\nSource : South China Morning Post
\nRead more…China Evergrande slashes prices of all new flats by a quarter as coronavirus leaves developers struggling with plunging house sales<\/a><\/p>\n","protected":false},"excerpt":{"rendered":"

One of China\u2019s largest developers will slash the prices of all its new flats 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-114329","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-tK1","jetpack-related-posts":[{"id":118524,"url":"https:\/\/www.siamlandbank.com\/propertynews\/property-news\/evergrande-slashes-property-prices-by-30-per-cent-across-china-for-one-month-sounding-clarion-call-on-discount-war\/","url_meta":{"origin":114329,"position":0},"title":"Evergrande slashes property prices by 30 per cent across China for one month, sounding clarion call on discount war","date":"September 7, 2020","format":false,"excerpt":"\r China Evergrande, the country\u2019s biggest home seller, said it would slash 30 per cent off the price of every real estate project nationwide for a month, in an unprecedented step that could kick off a spate of competitive discounts as cash-starved developers boost sales to raise cash in a\u2026","rel":"","context":"In "Property News"","img":{"alt_text":"","src":"","width":0,"height":0},"classes":[]},{"id":115300,"url":"https:\/\/www.siamlandbank.com\/propertynews\/property-news\/chinas-biggest-developer-evergrande-sees-sales-soar-thanks-to-nationwide-discounts-as-rivals-battle-for-survival-amid-covid-19\/","url_meta":{"origin":114329,"position":1},"title":"China\u2019s biggest developer Evergrande sees sales soar thanks to nationwide discounts as rivals battle for survival amid Covid-19","date":"March 31, 2020","format":false,"excerpt":"\r China Evergrande, the country\u2019s biggest home builder, has raised its sales target aggressively after sales soared this year as its rivals struggled for survival amid the coronavirus outbreak.The developer said on Tuesday its sales in the first quarter climbed by a fifth, mainly thanks to a nationwide campaign offering\u2026","rel":"","context":"In "Property News"","img":{"alt_text":"","src":"","width":0,"height":0},"classes":[]},{"id":122480,"url":"https:\/\/www.siamlandbank.com\/propertynews\/property-news\/evergrande-default-alarms-put-thousands-of-suppliers-jobs-and-economy-at-risk-as-developers-ious-balloon\/","url_meta":{"origin":114329,"position":2},"title":"Evergrande: default alarms put thousands of suppliers, jobs and economy at risk as developer\u2019s IOUs balloon","date":"October 9, 2021","format":false,"excerpt":"\r The third of a three-part series on China Evergrande Group takes a deep dive into how the property developer\u2019s debt crisis is affecting thousands of suppliers across the construction, furnishings and real estate services sectors and how the fallout of an Evergrande collapse could affect China\u2019s economy.In October 2019,\u2026","rel":"","context":"In "Property News"","img":{"alt_text":"","src":"","width":0,"height":0},"classes":[]},{"id":110098,"url":"https:\/\/www.siamlandbank.com\/propertynews\/property-news\/evergrande-country-garden-among-chinese-developers-cutting-prices-to-boost-sales-further-weighing-down-sluggish-economy\/","url_meta":{"origin":114329,"position":3},"title":"Evergrande, Country Garden among Chinese developers cutting prices to boost sales, further weighing down sluggish economy","date":"August 22, 2019","format":false,"excerpt":"\r Winter has come for China\u2019s otherwise frenzied housing market, as the country\u2019s top property developers slash prices to boost sluggish sales.China Evergrande, the country\u2019s third-largest developer by sales, said it was launching a two-month campaign offering discounts of up to 22 per cent on 532 projects across China, starting\u2026","rel":"","context":"In "Property News"","img":{"alt_text":"","src":"","width":0,"height":0},"classes":[]},{"id":39735,"url":"https:\/\/www.siamlandbank.com\/propertynews\/property-news\/top-20-developers-snap-up-a-quarter-of-chinas-property-market\/","url_meta":{"origin":114329,"position":4},"title":"Top 20 developers snap up a quarter of China\u2019s property market","date":"January 5, 2017","format":false,"excerpt":"\r China\u2019s top 20 property developers took up more than a quarter of the market share last year, according to a leading market monitoring agency. Combined sales of the top 20 developers in terms of annual contracted sales hit 2.979 trillion yuan \u00ad(HK$3.35 trillion), according to the China Index Academy\u2019s\u2026","rel":"","context":"In "Property News"","img":{"alt_text":"","src":"","width":0,"height":0},"classes":[]},{"id":102026,"url":"https:\/\/www.siamlandbank.com\/propertynews\/property-news\/sales-at-chinas-top-developers-plunge-in-november-as-property-market-stares-at-year-of-recession\/","url_meta":{"origin":114329,"position":5},"title":"Sales at China\u2019s top developers plunge in November as property market stares at year of recession","date":"December 5, 2018","format":false,"excerpt":"\r Two of China\u2019s top three leading property developers saw their November sales plunge even after cutting prices by nearly a third at some of their projects, as fears of a housing recession grows larger. China Evergrande, the country\u2019s third-largest property developer by sales, reported on Tuesday that contracted sales\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\/114329"}],"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=114329"}],"version-history":[{"count":0,"href":"https:\/\/www.siamlandbank.com\/propertynews\/wp-json\/wp\/v2\/posts\/114329\/revisions"}],"wp:attachment":[{"href":"https:\/\/www.siamlandbank.com\/propertynews\/wp-json\/wp\/v2\/media?parent=114329"}],"wp:term":[{"taxonomy":"category","embeddable":true,"href":"https:\/\/www.siamlandbank.com\/propertynews\/wp-json\/wp\/v2\/categories?post=114329"},{"taxonomy":"post_tag","embeddable":true,"href":"https:\/\/www.siamlandbank.com\/propertynews\/wp-json\/wp\/v2\/tags?post=114329"}],"curies":[{"name":"wp","href":"https:\/\/api.w.org\/{rel}","templated":true}]}}