{"id":118399,"date":"2020-08-30T13:30:12","date_gmt":"2020-08-30T06:30:12","guid":{"rendered":"http:\/\/www.siamlandbank.com\/propertynews\/property-news\/china-residential-property-sector-a-slow-growth-market-now-as-sales-and-profits-decline-beijing-steps-up-cooling-measures\/"},"modified":"2020-08-30T15:04:58","modified_gmt":"2020-08-30T08:04:58","slug":"china-residential-property-sector-a-slow-growth-market-now-as-sales-and-profits-decline-beijing-steps-up-cooling-measures","status":"publish","type":"post","link":"https:\/\/www.siamlandbank.com\/propertynews\/property-news\/china-residential-property-sector-a-slow-growth-market-now-as-sales-and-profits-decline-beijing-steps-up-cooling-measures\/","title":{"rendered":"China residential property sector a \u2018slow growth market\u2019 now, as sales and profits decline, Beijing steps up cooling measures"},"content":{"rendered":"


\nIt is tough being a residential property developer in mainland China at the moment. Profits and sales have largely diminished, and only the government\u2019s cooling measures seem to lie ahead for the 16 trillion yuan (US$2.3 trillion) housing market.The sales of residential property were already down 2.1 per cent to 8.1 trillion yuan in the first seven months of this year, before financing for developers was further tightened last week.\u201cIt is very clear that strictly limiting the money flowing into\u2026
\n
\nSource : South China Morning Post
\nRead more…China residential property sector a \u2018slow growth market\u2019 now, as sales and profits decline, Beijing steps up cooling measures<\/a><\/p>\n","protected":false},"excerpt":{"rendered":"

It is tough being a residential property developer in mainland China at the moment. Profits...<\/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-118399","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-uNF","jetpack-related-posts":[{"id":110283,"url":"https:\/\/www.siamlandbank.com\/propertynews\/property-news\/china-evergrande-first-major-mainland-developer-to-report-profit-decline-as-cooling-measures-hit-sales\/","url_meta":{"origin":118399,"position":0},"title":"China Evergrande first major mainland developer to report profit decline as cooling measures hit sales","date":"August 28, 2019","format":false,"excerpt":"\r China Evergrande, the country\u2019s third largest property developer by sales, posted a 45 per cent plunge in first-half core profit on Wednesday, becoming the first among the mainland\u2019s top developers to report a decline in earnings.The sharp fall in core earnings \u2013 its first drop since the first half\u2026","rel":"","context":"In "Property News"","img":{"alt_text":"","src":"","width":0,"height":0},"classes":[]},{"id":118361,"url":"https:\/\/www.siamlandbank.com\/propertynews\/property-news\/country-garden-shimao-among-chinese-home-builders-betting-on-new-sectors-to-boost-profits-amid-struggling-property-market\/","url_meta":{"origin":118399,"position":1},"title":"Country Garden, Shimao among Chinese home builders betting on new sectors to boost profits amid struggling property market","date":"August 25, 2020","format":false,"excerpt":"\r China\u2019s major home builders are betting on new areas of business to shore up profit after the boom era of the 16 trillion yuan (US$2.3 trillion) housing market was brought to a halt by the Covid-19 pandemic crushing the economy and the government\u2019s persistent cooling measures.Country Garden Holdings, the\u2026","rel":"","context":"In "Property News"","img":{"alt_text":"","src":"","width":0,"height":0},"classes":[]},{"id":101242,"url":"https:\/\/www.siamlandbank.com\/propertynews\/property-news\/chinas-home-sales-growth-continues-to-slow-in-october-as-cooling-measures-take-effect\/","url_meta":{"origin":118399,"position":2},"title":"China\u2019s home sales growth continues to slow in October as cooling measures take effect","date":"November 14, 2018","format":false,"excerpt":"\r China\u2019s property sector is feeling the impact of measures to rein in prices. Sales of new homes, measured by area, continued to decline. It fell 1.3 per cent in October from a year earlier, a bigger contraction than the 0.8 per cent seen in September, according to the Post\u2019s\u2026","rel":"","context":"In "Property News"","img":{"alt_text":"","src":"","width":0,"height":0},"classes":[]},{"id":118516,"url":"https:\/\/www.siamlandbank.com\/propertynews\/property-news\/hangzhou-home-to-chinas-new-billionaires-gets-a-dose-of-property-cooling-measures-as-peak-demand-looms\/","url_meta":{"origin":118399,"position":3},"title":"Hangzhou, home to China\u2019s new billionaires, gets a dose of property-cooling measures as peak demand looms","date":"September 6, 2020","format":false,"excerpt":"\r China has taken another step to plug a hole in its household registration system to prevent excessive speculation in its 16 trillion yuan (US$2.3 trillion\/HKS$) housing market as the economy emerges from a historic slump.After a pre-emptive strike in Shenzhen in July and Nantong in December, authorities have now\u2026","rel":"","context":"In "Property News"","img":{"alt_text":"","src":"","width":0,"height":0},"classes":[]},{"id":121121,"url":"https:\/\/www.siamlandbank.com\/propertynews\/property-news\/shenzhen-home-prices-fell-15-per-cent-after-about-300-cooling-measures-were-launched-in-first-half-of-2021\/","url_meta":{"origin":118399,"position":4},"title":"Shenzhen home prices fell 15 per cent after about 300 cooling measures were launched in first half of 2021","date":"July 28, 2021","format":false,"excerpt":"\r Home prices in Shenzhen, mainland China\u2019s most expensive residential property market, have finally declined, falling by as much as 15 per cent, after about 300 rounds of cooling measures were introduced across the country in the first six months of the year.Towards the end of June, the average price\u2026","rel":"","context":"In "Property News"","img":{"alt_text":"","src":"","width":0,"height":0},"classes":[]},{"id":108888,"url":"https:\/\/www.siamlandbank.com\/propertynews\/property-news\/singapores-building-sector-to-grow-3-2-in-2019\/","url_meta":{"origin":118399,"position":5},"title":"Singapore\u2019s building sector to grow 3.2% in 2019","date":"July 11, 2019","format":false,"excerpt":"\r Fitch Solutions expects Singapore\u2019s building sector to grow by 3.2 percent this year and 2.3 percent in 2020, on the back of strong pipeline of planned buildings. Singapore Business Review reported that the firm attributed the faster pace of growth to the residential buildings sector, which it forecasts will\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\/118399"}],"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=118399"}],"version-history":[{"count":0,"href":"https:\/\/www.siamlandbank.com\/propertynews\/wp-json\/wp\/v2\/posts\/118399\/revisions"}],"wp:attachment":[{"href":"https:\/\/www.siamlandbank.com\/propertynews\/wp-json\/wp\/v2\/media?parent=118399"}],"wp:term":[{"taxonomy":"category","embeddable":true,"href":"https:\/\/www.siamlandbank.com\/propertynews\/wp-json\/wp\/v2\/categories?post=118399"},{"taxonomy":"post_tag","embeddable":true,"href":"https:\/\/www.siamlandbank.com\/propertynews\/wp-json\/wp\/v2\/tags?post=118399"}],"curies":[{"name":"wp","href":"https:\/\/api.w.org\/{rel}","templated":true}]}}