{"id":118435,"date":"2020-09-02T06:00:13","date_gmt":"2020-09-01T23:00:13","guid":{"rendered":"http:\/\/www.siamlandbank.com\/propertynews\/property-news\/chinese-developers-face-potential-price-war-in-second-half-amid-glut-as-state-issues-red-lines-in-deleveraging-campaign\/"},"modified":"2020-09-02T07:06:30","modified_gmt":"2020-09-02T00:06:30","slug":"chinese-developers-face-potential-price-war-in-second-half-amid-glut-as-state-issues-red-lines-in-deleveraging-campaign","status":"publish","type":"post","link":"https:\/\/www.siamlandbank.com\/propertynews\/property-news\/chinese-developers-face-potential-price-war-in-second-half-amid-glut-as-state-issues-red-lines-in-deleveraging-campaign\/","title":{"rendered":"Chinese developers face potential price war in second half amid glut as state issues \u2018red lines\u2019 in deleveraging campaign"},"content":{"rendered":"<p>&#013;<br \/>\nChina\u2019s biggest developers are likely to step up price discounting this year to clear a growing pile of unsold homes, with authorities sounding another alarm in their deleveraging campaign to pre-empt any financial shock to the economy.Completed but unsold homes amounted to 480 million square metres (5.16 billion square feet) across 100 mainland cities at the end of July, according to data compiled by E-house China Research and Development Institute. That\u2019s a 7 per cent increase from a year\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\/3099701\/chinese-developers-face-potential-price-war-second-half\" target=\"_blank\">Chinese developers face potential price war in second half amid glut as state issues \u2018red lines\u2019 in deleveraging campaign<\/a><\/p>\n","protected":false},"excerpt":{"rendered":"<p>&#013; China\u2019s biggest developers are likely to step up price discounting this year to clear a&#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-118435","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-uOf","jetpack-related-posts":[{"id":95733,"url":"https:\/\/www.siamlandbank.com\/propertynews\/property-news\/appetite-for-residential-plots-in-mainland-china-drops-to-4-year-low-in-wake-of-price-curbs-deleveraging-group-says\/","url_meta":{"origin":118435,"position":0},"title":"Appetite for residential plots in mainland China drops to 4-year low in wake of price curbs, deleveraging, group says","date":"August 9, 2018","format":false,"excerpt":"\r Chinese developers\u2019 appetite for new land has fallen to the lowest level since 2014, following government curbs on runaway home prices and lending, a new report said. China Securities Co. looked at land sale data of 300 Chinese cities in recent years. It found that in the first seven\u2026","rel":"","context":"In &quot;Property News&quot;","img":{"alt_text":"","src":"","width":0,"height":0},"classes":[]},{"id":106975,"url":"https:\/\/www.siamlandbank.com\/propertynews\/property-news\/chinas-state-backed-private-equity-starts-a-fund-to-buy-out-distressed-debt-take-advantage-of-nations-deleveraging-campaign\/","url_meta":{"origin":118435,"position":1},"title":"China\u2019s state-backed private equity starts a fund to buy out distressed debt, take advantage of nation\u2019s deleveraging campaign","date":"May 9, 2019","format":false,"excerpt":"\r Citic Capital, one of the largest private equity firms backed by the Chinese state, is raising US$500 million for its first buyout fund for distressed assets in China, placing a bet on the opportunities available in the country\u2019s campaign to shed debt.\u201cThere are lots of good real estate projects\u2026","rel":"","context":"In &quot;Property News&quot;","img":{"alt_text":"","src":"","width":0,"height":0},"classes":[]},{"id":48324,"url":"https:\/\/www.siamlandbank.com\/propertynews\/property-news\/unsold-housing-stock-falling-fast-in-smaller-chinese-cities\/","url_meta":{"origin":118435,"position":2},"title":"Unsold housing stock falling fast  in smaller Chinese cities","date":"March 16, 2017","format":false,"excerpt":"\r Smaller cities are increasingly driving China\u2019s property market growth as the massive housing inventories that had built up gradually start to fall in many parts of the country, according to the latest figures from analysts at UBS. With the housing glut easing this year, developers focusing on lesser-known places\u2026","rel":"","context":"In &quot;Property News&quot;","img":{"alt_text":"","src":"","width":0,"height":0},"classes":[]},{"id":122478,"url":"https:\/\/www.siamlandbank.com\/propertynews\/property-news\/half-of-chinas-top-developers-crossed-beijings-red-lines\/","url_meta":{"origin":118435,"position":3},"title":"Half of China\u2019s top developers crossed Beijing\u2019s \u2018red lines\u2019","date":"October 9, 2021","format":false,"excerpt":"\r Property sector deleveraging drive in focus as crisis at Evergrande raises risk of default\r \r Source : ft.com\r Read more...Half of China\u2019s top developers crossed Beijing\u2019s \u2018red lines\u2019","rel":"","context":"In &quot;Property News&quot;","img":{"alt_text":"","src":"","width":0,"height":0},"classes":[]},{"id":120636,"url":"https:\/\/www.siamlandbank.com\/propertynews\/property-news\/thai-developer-sansiri-targets-hong-kong-buyers-with-affordable-mini-flats-in-bangkok-amid-glut\/","url_meta":{"origin":118435,"position":4},"title":"Thai developer Sansiri targets Hong Kong buyers with \u2018affordable\u2019 mini flats in Bangkok amid glut","date":"June 29, 2021","format":false,"excerpt":"\r With Thai developers struggling to dispose of a massive stock of unsold flats in Bangkok, many of them are trying to lure overseas buyers with huge discounts and bargains to whittle down the inventory and get the struggling sector back on its footing.Bangkok-listed Sansiri, one of the top three\u2026","rel":"","context":"In &quot;Property News&quot;","img":{"alt_text":"","src":"","width":0,"height":0},"classes":[]},{"id":94435,"url":"https:\/\/www.siamlandbank.com\/propertynews\/property-news\/supply-glut-unlikely-to-happen-condo-prices-may-see-healthy-growth-jll\/","url_meta":{"origin":118435,"position":5},"title":"Supply glut unlikely to happen, condo prices may see healthy growth: JLL","date":"July 23, 2018","format":false,"excerpt":"\r More than 50,000 unsold units are forecasted to enter the market in the coming years. A glut is unlikely to occur in Singapore\u2019s private housing market despite the pessimistic outlook of the Real Estate Developers\u2019 Association of Singapore (REDAS), which believes that the new property curbs could erode market\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\/118435"}],"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=118435"}],"version-history":[{"count":0,"href":"https:\/\/www.siamlandbank.com\/propertynews\/wp-json\/wp\/v2\/posts\/118435\/revisions"}],"wp:attachment":[{"href":"https:\/\/www.siamlandbank.com\/propertynews\/wp-json\/wp\/v2\/media?parent=118435"}],"wp:term":[{"taxonomy":"category","embeddable":true,"href":"https:\/\/www.siamlandbank.com\/propertynews\/wp-json\/wp\/v2\/categories?post=118435"},{"taxonomy":"post_tag","embeddable":true,"href":"https:\/\/www.siamlandbank.com\/propertynews\/wp-json\/wp\/v2\/tags?post=118435"}],"curies":[{"name":"wp","href":"https:\/\/api.w.org\/{rel}","templated":true}]}}