{"id":114371,"date":"2020-02-19T07:45:08","date_gmt":"2020-02-19T00:45:08","guid":{"rendered":"http:\/\/www.siamlandbank.com\/propertynews\/property-news\/wuhan-belatedly-halts-29-billion-yuan-worth-of-land-sales-citing-virus-outbreak\/"},"modified":"2020-02-19T08:05:56","modified_gmt":"2020-02-19T01:05:56","slug":"wuhan-belatedly-halts-29-billion-yuan-worth-of-land-sales-citing-virus-outbreak","status":"publish","type":"post","link":"https:\/\/www.siamlandbank.com\/propertynews\/property-news\/wuhan-belatedly-halts-29-billion-yuan-worth-of-land-sales-citing-virus-outbreak\/","title":{"rendered":"Wuhan belatedly halts 29 billion yuan worth of land sales citing virus outbreak"},"content":{"rendered":"<p>&#013;<br \/>\nWuhan, the Chinese city at the centre of the coronavirus epidemic, has suspended several land auctions worth about 29 billion yuan (US$4.1 billion) a day before the bidding deadline, citing \u201cvirus outbreak\u201d for the move.&#013;&#013;The Wuhan Natural Resources and Planning Bureau on Tuesday halted the sale of 10 plots of land with a combined reserve price of 10.5 billion yuan, according to a notice posted on its website. It followed a decision on Monday to hold off an auction for six plots worth 18.24\u2026&#013;<br \/>\n&#013;<br \/>\nSource : South China Morning Post&#013;<br \/>\nRead more&#8230;<a href=\"https:\/\/www.scmp.com\/business\/china-business\/article\/3051230\/wuhan-belatedly-halts-29-billion-yuan-worth-land-sales\" target=\"_blank\">Wuhan belatedly halts 29 billion yuan worth of land sales citing virus outbreak<\/a><\/p>\n","protected":false},"excerpt":{"rendered":"<p>&#013; Wuhan, the Chinese city at the centre of the coronavirus epidemic, has suspended several land&#46;&#46;&#46;<\/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-114371","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-tKH","jetpack-related-posts":[{"id":43329,"url":"https:\/\/www.siamlandbank.com\/propertynews\/property-news\/citic-buys-wuhan-land-for-9-92-billion-yuan\/","url_meta":{"origin":114371,"position":0},"title":"Citic buys Wuhan land for 9.92 billion yuan","date":"February 8, 2017","format":false,"excerpt":"\r Citic Pacific China, the property unit of the country\u2019s largest state-owned conglomerate, has paid 9.92 billion yuan (HK$11.18 billion) to buy a piece of land in the Hubei provincial capital of Wuhan, returning to building apartments, a year after disposing of its residential property portfolio to a rival. Citic\u2019s\u2026","rel":"","context":"In &quot;Property News&quot;","img":{"alt_text":"","src":"","width":0,"height":0},"classes":[]},{"id":47009,"url":"https:\/\/www.siamlandbank.com\/propertynews\/property-news\/chinas-city-land-sales-surge-73-per-cent-despite-cooling-measures\/","url_meta":{"origin":114371,"position":1},"title":"China\u2019s city land sales surge 73 per cent despite cooling measures","date":"March 7, 2017","format":false,"excerpt":"\r China\u2019s land sales in 50 major cities surged 73 per cent in the first two months of 2017 despite a raft of measures rolled out in a bid to cool the red-hot property market. Fifty city governments received a total of 452.8 billion yuan (US$65.6 billion) from land auctions\u2026","rel":"","context":"In &quot;Property News&quot;","img":{"alt_text":"","src":"","width":0,"height":0},"classes":[]},{"id":101029,"url":"https:\/\/www.siamlandbank.com\/propertynews\/property-news\/capitalands-home-sales-in-china-hit-2bil-yuan\/","url_meta":{"origin":114371,"position":2},"title":"CapitaLand\u2019s home sales in China hit 2bil yuan","date":"November 8, 2018","format":false,"excerpt":"\r La Botanica in Xi\u2019an is one of four residential developments launched in \u201cGolden September Silver October\u201d season. (Photo: CapitaLand) CapitaLand held four residential launches in China over the past month, in which it sold a total of 1,506 units worth 2 billion yuan ($396.7 million) \u2013 marking the company\u2019s\u2026","rel":"","context":"In &quot;Property News&quot;","img":{"alt_text":"","src":"","width":0,"height":0},"classes":[]},{"id":131735,"url":"https:\/\/www.siamlandbank.com\/propertynews\/property-news\/evergrande-surrenders-11-plots-of-land-to-wuhan-with-zero-refund-after-letting-them-sit-idle-since-2017\/","url_meta":{"origin":114371,"position":3},"title":"Evergrande surrenders 11 plots of land to Wuhan with zero refund, after letting them sit idle since 2017","date":"November 22, 2022","format":false,"excerpt":"\r Evergrande Technology Tourism City is one among the dozens of property projects strewn across China that the Guangzhou-based developer \u2013 with more than US$300 billion of liabilities \u2013 is struggling to complete and deliver to buyers.\r \r Source : South China Morning Post\r Read more...Evergrande surrenders 11 plots of\u2026","rel":"","context":"In &quot;Property News&quot;","img":{"alt_text":"","src":"","width":0,"height":0},"classes":[]},{"id":119405,"url":"https:\/\/www.siamlandbank.com\/propertynews\/property-news\/chinese-developers-spending-binge-on-land-acquisitions-unabated-as-it-triples-to-us228-billion-from-five-years-ago\/","url_meta":{"origin":114371,"position":4},"title":"Chinese developers\u2019 spending binge on land acquisitions unabated as it triples to US$228 billion from five years ago","date":"December 2, 2020","format":false,"excerpt":"\r China\u2019s top 20 developers have tripled their spending on land acquisitions in the first nine months of this year compared to five years ago, with most of it focused on \u201cnew first tier\u201d cities such as Wuhan, according to a report from a leading research firm.The top players including\u2026","rel":"","context":"In &quot;Property News&quot;","img":{"alt_text":"","src":"","width":0,"height":0},"classes":[]},{"id":123924,"url":"https:\/\/www.siamlandbank.com\/propertynews\/property-news\/shui-on-land-cashes-in-on-opportunity-to-build-land-bank-in-china-amid-depressed-buying-sentiment\/","url_meta":{"origin":114371,"position":5},"title":"Shui On Land cashes in on opportunity to build land bank in China amid depressed buying sentiment","date":"December 22, 2021","format":false,"excerpt":"\r Cash-rich Hong Kong companies are increasingly snapping up prime land on the mainland, which used to be few and far between until recently, as their Chinese rivals weighed down by debtavoid taking part in land sales.Shui On Land, the flagship property company of the Hong Kong-based Shui On Group,\u2026","rel":"","context":"In &quot;Property News&quot;","img":{"alt_text":"","src":"","width":0,"height":0},"classes":[]}],"_links":{"self":[{"href":"https:\/\/www.siamlandbank.com\/propertynews\/wp-json\/wp\/v2\/posts\/114371"}],"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=114371"}],"version-history":[{"count":0,"href":"https:\/\/www.siamlandbank.com\/propertynews\/wp-json\/wp\/v2\/posts\/114371\/revisions"}],"wp:attachment":[{"href":"https:\/\/www.siamlandbank.com\/propertynews\/wp-json\/wp\/v2\/media?parent=114371"}],"wp:term":[{"taxonomy":"category","embeddable":true,"href":"https:\/\/www.siamlandbank.com\/propertynews\/wp-json\/wp\/v2\/categories?post=114371"},{"taxonomy":"post_tag","embeddable":true,"href":"https:\/\/www.siamlandbank.com\/propertynews\/wp-json\/wp\/v2\/tags?post=114371"}],"curies":[{"name":"wp","href":"https:\/\/api.w.org\/{rel}","templated":true}]}}