{"id":114662,"date":"2020-03-03T08:30:10","date_gmt":"2020-03-03T01:30:10","guid":{"rendered":"http:\/\/www.siamlandbank.com\/propertynews\/property-news\/chinas-hottest-real-estate-market-freezes-over-as-february-home-sales-plunge-80-per-cent-amid-a-dearth-of-transactions-during-coronavirus-outbreak\/"},"modified":"2020-03-03T10:09:44","modified_gmt":"2020-03-03T03:09:44","slug":"chinas-hottest-real-estate-market-freezes-over-as-february-home-sales-plunge-80-per-cent-amid-a-dearth-of-transactions-during-coronavirus-outbreak","status":"publish","type":"post","link":"https:\/\/www.siamlandbank.com\/propertynews\/property-news\/chinas-hottest-real-estate-market-freezes-over-as-february-home-sales-plunge-80-per-cent-amid-a-dearth-of-transactions-during-coronavirus-outbreak\/","title":{"rendered":"China\u2019s hottest real estate market freezes over as February home sales plunge 80 per cent amid a dearth of transactions during coronavirus outbreak"},"content":{"rendered":"


\nShenzhen, mainland China\u2019s hottest property market last year, has seen an 80 per cent decline in home sales amid the coronavirus epidemic, Hong Kong brokerage Midland Realty said.The technology hub reported 1,667 sales of lived-in homes last month, down from 7,499 units and 10,000 units sold in January and December, respectively, the brokerage\u2019s research unit said.The city, often referred to as \u201cChina\u2019s Silicon Valley\u201d, reported a boom in home sales after being earmarked by Beijing in August\u2026
\n
\nSource : South China Morning Post
\nRead more…China\u2019s hottest real estate market freezes over as February home sales plunge 80 per cent amid a dearth of transactions during coronavirus outbreak<\/a><\/p>\n","protected":false},"excerpt":{"rendered":"

Shenzhen, mainland China\u2019s hottest property market last year, has seen an 80 per cent decline...<\/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-114662","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-tPo","jetpack-related-posts":[{"id":114375,"url":"https:\/\/www.siamlandbank.com\/propertynews\/property-news\/hong-kongs-retail-sales-could-sink-up-to-50-per-cent-as-city-shuts-out-chinese-visitors-amid-coronavirus-outbreak\/","url_meta":{"origin":114662,"position":0},"title":"Hong Kong\u2019s retail sales could sink up to 50 per cent as city shuts out Chinese visitors amid coronavirus outbreak","date":"February 19, 2020","format":false,"excerpt":"\r Retail sales in Hong Kong could plunge by as much as half, as most of the city\u2019s borders with China remain shut amid the Covid-19 outbreak and its impact could be more severe on the sector than the months-long social unrest, according to the CEO of Sunlight Real Estate\u2026","rel":"","context":"In "Property News"","img":{"alt_text":"","src":"","width":0,"height":0},"classes":[]},{"id":114143,"url":"https:\/\/www.siamlandbank.com\/propertynews\/property-news\/hong-kongs-property-agencies-seek-rent-relief-as-no-one-dares-to-come-out-to-sales-offices-amid-coronavirus-outbreak\/","url_meta":{"origin":114662,"position":1},"title":"Hong Kong\u2019s property agencies seek rent relief as \u2018no one dares to come out\u2019 to sales offices amid coronavirus outbreak","date":"February 9, 2020","format":false,"excerpt":"\r Hong Kong\u2019s largest property agencies with almost 900 sales offices in the city are asking for discounts on new leases as they brace for further slide in sales after the industry\u2019s worst year since 2016.Centaline Property Agency is prepared to shut some of its 423 branches if it cannot\u2026","rel":"","context":"In "Property News"","img":{"alt_text":"","src":"","width":0,"height":0},"classes":[]},{"id":116249,"url":"https:\/\/www.siamlandbank.com\/propertynews\/property-news\/chinas-logistics-property-sector-boosted-by-coronavirus-outbreak-attracts-local-and-overseas-investors\/","url_meta":{"origin":114662,"position":2},"title":"China\u2019s logistics property sector \u2013 boosted by coronavirus outbreak \u2013 attracts local and overseas investors","date":"May 12, 2020","format":false,"excerpt":"\r Mainland Chinese and overseas investors are looking to increase their stake in China\u2019s logistics property segment, which is expected to recover faster from the novel coronavirus pandemic, analysts said.The sector has, in fact, benefited from the outbreak and the resulting containment measures, because of a rise in online shopping\u2026","rel":"","context":"In "Property News"","img":{"alt_text":"","src":"","width":0,"height":0},"classes":[]},{"id":115472,"url":"https:\/\/www.siamlandbank.com\/propertynews\/property-news\/developers-target-hong-kong-buyers-for-overseas-property-as-local-dollar-becomes-asias-strongest-currency-amid-coronavirus-pandemic\/","url_meta":{"origin":114662,"position":3},"title":"Developers target Hong Kong buyers for overseas property, as local dollar becomes Asia\u2019s strongest currency amid coronavirus pandemic","date":"April 8, 2020","format":false,"excerpt":"\r Property developers are targeting buyers from Hong Kong for their overseas projects from Sydney to London, hoping to garner sales in the city with the best performing currency in Asia amid the coronavirus pandemic.Revenue from overseas home listings increased by 50 per cent in the first quarter from a\u2026","rel":"","context":"In "Property News"","img":{"alt_text":"","src":"","width":0,"height":0},"classes":[]},{"id":111451,"url":"https:\/\/www.siamlandbank.com\/propertynews\/property-news\/golden-week-property-sales-plunge-in-major-chinese-cities-amid-slowing-economy-tight-mortgage-conditions\/","url_meta":{"origin":114662,"position":4},"title":"\u2018Golden week\u2019 property sales plunge in major Chinese cities amid slowing economy, tight mortgage conditions","date":"October 8, 2019","format":false,"excerpt":"\r Property sales in China\u2019s major cities saw one of their worst \u201cgolden week\u201d holidays in years, as buyers held back amid a slowing economy and tight restrictions on mortgage loans.Sales of new homes in Beijing dropped to their lowest level since 2014 during the week following the National Day\u2026","rel":"","context":"In "Property News"","img":{"alt_text":"","src":"","width":0,"height":0},"classes":[]},{"id":114329,"url":"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\/","url_meta":{"origin":114662,"position":5},"title":"China Evergrande slashes prices of all new flats by a quarter as coronavirus leaves developers struggling with plunging house sales","date":"February 17, 2020","format":false,"excerpt":"\r One 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\u2026","rel":"","context":"In "Property 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