{"id":115202,"date":"2020-03-27T16:00:19","date_gmt":"2020-03-27T09:00:19","guid":{"rendered":"http:\/\/www.siamlandbank.com\/propertynews\/property-news\/developers-country-garden-sunac-china-warn-construction-sales-may-be-disrupted-as-covid-19-subdues-business-activity\/"},"modified":"2020-03-27T17:04:57","modified_gmt":"2020-03-27T10:04:57","slug":"developers-country-garden-sunac-china-warn-construction-sales-may-be-disrupted-as-covid-19-subdues-business-activity","status":"publish","type":"post","link":"https:\/\/www.siamlandbank.com\/propertynews\/property-news\/developers-country-garden-sunac-china-warn-construction-sales-may-be-disrupted-as-covid-19-subdues-business-activity\/","title":{"rendered":"Developers Country Garden, Sunac China warn construction, sales may be disrupted as Covid-19 subdues business activity"},"content":{"rendered":"


\nTwo of China\u2019s biggest property developers have warned that their sales and construction schedules are likely to be disrupted by a downturn in demand caused by the Covid-19 outbreak.Country Garden Holdings, the largest seller of homes in China, said its building and sales progress may be exposed to short-term volatility as business activities remain subdued by efforts to contain the epidemic.The warning came as the Guangdong-based builder reported a 17.6 per cent increase in core profit \u2013 which\u2026
\n
\nSource : South China Morning Post
\nRead more…Developers Country Garden, Sunac China warn construction, sales may be disrupted as Covid-19 subdues business activity<\/a><\/p>\n","protected":false},"excerpt":{"rendered":"

Two of China\u2019s biggest property developers have warned that their sales and construction schedules are...<\/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-115202","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-tY6","jetpack-related-posts":[{"id":124505,"url":"https:\/\/www.siamlandbank.com\/propertynews\/property-news\/china-housing-market-no-respite-for-fantasia-modern-land-and-sunac-as-they-lead-sales-declines-in-january\/","url_meta":{"origin":115202,"position":0},"title":"China housing market: no respite for Fantasia, Modern Land and Sunac as they lead sales declines in January","date":"February 8, 2022","format":false,"excerpt":"\r China\u2019s biggest property developers are still struggling to sell homes, as a resurgent Covid-19 pandemic combined with a slowing economy to deter big-ticket investments, offering little respite to the most leveraged among them.The collective sales value of China\u2019s top 100 developers fell 41 per cent in January from last\u2026","rel":"","context":"In "Property News"","img":{"alt_text":"","src":"","width":0,"height":0},"classes":[]},{"id":105731,"url":"https:\/\/www.siamlandbank.com\/propertynews\/property-news\/sunac-chinas-fourth-largest-property-developer-recorded-highest-selling-price-among-big-five-companies-last-year\/","url_meta":{"origin":115202,"position":1},"title":"Sunac, China\u2019s fourth-largest property developer, recorded highest selling price among \u2018Big Five\u2019 companies last year","date":"April 3, 2019","format":false,"excerpt":"\r Sunac China, the country\u2019s fourth-largest property developer by sales, recorded the highest average selling price \u2013 15,200 yuan (US$2,264.9) per square metre \u2013 among China\u2019s \u201cBig Five\u201d developers last year.According to data by JPMorgan, Sunac, which focuses mainly on large cities, beat China Vanke, the country\u2019s second-largest developer by\u2026","rel":"","context":"In "Property News"","img":{"alt_text":"","src":"","width":0,"height":0},"classes":[]},{"id":142206,"url":"https:\/\/www.siamlandbank.com\/propertynews\/property-news\/china-property-sunac-country-garden-projects-among-property-developments-added-to-local-governments-whitelists-to-get-financial-support-from-banks\/","url_meta":{"origin":115202,"position":2},"title":"China property: Sunac, Country Garden projects among property developments added to local governments\u2019 \u2018whitelists\u2019, to get financial support from banks","date":"February 5, 2024","format":false,"excerpt":"\r Sunac China Holdings, Shimao Group, CIFI Group and Country Garden Holdings are among property developers whose projects have been included in \u2018whitelists\u2019, a mechanism that qualifies their projects for financial support from banks.\r \r Source : South China Morning Post\r Read more...China property: Sunac, Country Garden projects among property\u2026","rel":"","context":"In "Property News"","img":{"alt_text":"","src":"","width":0,"height":0},"classes":[]},{"id":118246,"url":"https:\/\/www.siamlandbank.com\/propertynews\/property-news\/greenland-vanke-sunac-among-developers-planning-health-care-facilities-in-new-residential-projects-as-covid-19-changes-mindsets-and-lifestyles\/","url_meta":{"origin":115202,"position":3},"title":"Greenland, Vanke, Sunac among developers planning health care facilities in new residential projects as Covid-19 changes mindsets and lifestyles","date":"August 16, 2020","format":false,"excerpt":"\r Greenland, Shanghai\u2019s largest developer, is looking to add a new dimension to its high-end residential properties by building medical facilities such as hospitals and clinics, as Covid-19 ushers in a wave of stronger demand for health care.Chen Jun, an executive president of Greenland, said developers needed to adapt to\u2026","rel":"","context":"In "Property News"","img":{"alt_text":"","src":"","width":0,"height":0},"classes":[]},{"id":126681,"url":"https:\/\/www.siamlandbank.com\/propertynews\/property-news\/sunac-china-holdings-defaults-on-us741-6-million-bond-snared-by-three-red-lines-policy-and-sputtering-home-sales-amid-covid-19-outbreaks\/","url_meta":{"origin":115202,"position":4},"title":"Sunac China Holdings defaults on US$741.6 million bond, snared by \u2018three red lines\u2019 policy and sputtering home sales amid Covid-19 outbreaks","date":"May 12, 2022","format":false,"excerpt":"\r The company failed to make an interest payment and expects to miss payments on three additional notes, as it struggles to contend with a dramatic drop in sales and China\u2019s \u201cthree red lines\u201d policy.\r \r Source : South China Morning Post\r Read more...Sunac China Holdings defaults on US1.6 million\u2026","rel":"","context":"In "Property News"","img":{"alt_text":"","src":"","width":0,"height":0},"classes":[]},{"id":122237,"url":"https:\/\/www.siamlandbank.com\/propertynews\/property-news\/sunac-chinas-unit-in-shaoxing-faces-liquidity-pressure-as-government-cooling-measure-stops-it-collecting-sales-revenues\/","url_meta":{"origin":115202,"position":5},"title":"Sunac China\u2019s unit in Shaoxing faces liquidity pressure as government cooling measure stops it collecting sales revenues","date":"September 27, 2021","format":false,"excerpt":"\r A local subsidiary of Sunac China Holdings, one of China\u2019s most heavily indebted property developers, has come under liquidity pressure, as it was prevented from collecting sales revenues by the government\u2019s market-cooling measures.Sunac\u2019s unit in the Zhejiang provincial city of Shaoxing has had to wait for local authorities to\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\/115202"}],"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=115202"}],"version-history":[{"count":0,"href":"https:\/\/www.siamlandbank.com\/propertynews\/wp-json\/wp\/v2\/posts\/115202\/revisions"}],"wp:attachment":[{"href":"https:\/\/www.siamlandbank.com\/propertynews\/wp-json\/wp\/v2\/media?parent=115202"}],"wp:term":[{"taxonomy":"category","embeddable":true,"href":"https:\/\/www.siamlandbank.com\/propertynews\/wp-json\/wp\/v2\/categories?post=115202"},{"taxonomy":"post_tag","embeddable":true,"href":"https:\/\/www.siamlandbank.com\/propertynews\/wp-json\/wp\/v2\/tags?post=115202"}],"curies":[{"name":"wp","href":"https:\/\/api.w.org\/{rel}","templated":true}]}}