{"id":118865,"date":"2020-10-08T14:33:42","date_gmt":"2020-10-08T07:33:42","guid":{"rendered":"http:\/\/www.siamlandbank.com\/propertynews\/property-news\/chinese-homebuyers-shun-australian-market-as-coronavirus-political-tensions-take-toll\/"},"modified":"2020-10-08T15:05:22","modified_gmt":"2020-10-08T08:05:22","slug":"chinese-homebuyers-shun-australian-market-as-coronavirus-political-tensions-take-toll","status":"publish","type":"post","link":"https:\/\/www.siamlandbank.com\/propertynews\/property-news\/chinese-homebuyers-shun-australian-market-as-coronavirus-political-tensions-take-toll\/","title":{"rendered":"Chinese homebuyers shun Australian market as coronavirus, political tensions take toll"},"content":{"rendered":"


\nWhen mainland Chinese resident Susan bought an off-plan flat in Melbourne\u2019s new high-end West Side Place development in 2017, the Nanjing-based property investor\u2019s plan was to rent it out upon its completion next year.She shared the strong Chinese appetite for property \u2013 particularly flats in Australia \u2013 that sent the sector in Sydney and Melbourne soaring during a five-year boom between 2013 and 2017, when home prices rose as much as 70 per cent.But despite her desire to own more flats, Susan,\u2026
\n
\nSource : South China Morning Post
\nRead more…Chinese homebuyers shun Australian market as coronavirus, political tensions take toll<\/a><\/p>\n","protected":false},"excerpt":{"rendered":"

When mainland Chinese resident Susan bought an off-plan flat in Melbourne\u2019s new high-end West Side...<\/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-118865","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-uVb","jetpack-related-posts":[{"id":116431,"url":"https:\/\/www.siamlandbank.com\/propertynews\/property-news\/hong-kongs-homebuyers-shun-property-sales-for-the-fourth-weekend-in-a-row-as-they-await-better-deals-amid-a-glut-of-options\/","url_meta":{"origin":118865,"position":0},"title":"Hong Kong\u2019s homebuyers shun property sales for the fourth weekend in a row as they await better deals amid a glut of options","date":"May 16, 2020","format":false,"excerpt":"\r Hong Kong\u2019s property sales flopped for the fourth straight weekend, as homebuyers turned their backs on unsold projects to wait for better discounts, amid a real estate slump in the city\u2019s worst economic contraction in decades.Wheelock Properties sold 13 flats, or 13 per cent of the 101 units on\u2026","rel":"","context":"In "Property News"","img":{"alt_text":"","src":"","width":0,"height":0},"classes":[]},{"id":115914,"url":"https:\/\/www.siamlandbank.com\/propertynews\/property-news\/chinese-homebuyers-go-on-revenge-spending-binge-as-cities-emerge-from-coronavirus-lockdowns\/","url_meta":{"origin":118865,"position":1},"title":"Chinese homebuyers go on \u2018revenge spending\u2019 binge as cities emerge from coronavirus lockdowns","date":"April 28, 2020","format":false,"excerpt":"\r A property buying fever has gripped mainland Chinese homebuyers, who are indulging in some \u201crevenge spending\u201d on property as coronavirus lockdowns are lifted in major cities across the country.All 160 units at a newly launched luxury project in Shanghai, selling for 17 million yuan (US$2.4 million) to 78 million\u2026","rel":"","context":"In "Property News"","img":{"alt_text":"","src":"","width":0,"height":0},"classes":[]},{"id":89874,"url":"https:\/\/www.siamlandbank.com\/propertynews\/property-news\/shenzhen-homebuyers-splash-out-us780000-deposit-for-chance-to-buy-price-controlled-flats\/","url_meta":{"origin":118865,"position":2},"title":"Shenzhen homebuyers splash out US$780,000 deposit for chance to buy price controlled flats","date":"May 30, 2018","format":false,"excerpt":"\r One Shenzhen property developer has set a new benchmark for eager homebuyers in this southern Chinese city, requiring deposits of 5 million yuan (US$778,990.40) to enter a lottery to be selected for the 167 units that will go on sale Wednesday. The refundable fee is required to register for\u2026","rel":"","context":"In "Property News"","img":{"alt_text":"","src":"","width":0,"height":0},"classes":[]},{"id":115718,"url":"https:\/\/www.siamlandbank.com\/propertynews\/property-news\/evergrandes-emerald-bay-project-flops-for-the-second-time-in-two-months-as-buyers-stay-away-amid-hong-kongs-economic-slump\/","url_meta":{"origin":118865,"position":3},"title":"Evergrande\u2019s Emerald Bay project flops for the second time in two months as buyers stay away amid Hong Kong\u2019s economic slump","date":"April 18, 2020","format":false,"excerpt":"\r China Evergrande suffered its second sales flop in two months as Hong Kong\u2019s homebuyers gave their collective cold shoulder to its Emerald Bay flats in Tuen Mun, even after a 14-per cent average discount.The Chinese developer managed to find buyers for 16 flats, or a mere 6 per cent\u2026","rel":"","context":"In "Property News"","img":{"alt_text":"","src":"","width":0,"height":0},"classes":[]},{"id":11482,"url":"https:\/\/www.siamlandbank.com\/propertynews\/property-news\/australian-squeeze-on-foreign-homebuyers\/","url_meta":{"origin":118865,"position":4},"title":"Australian squeeze on foreign homebuyers","date":"April 27, 2016","format":false,"excerpt":"\r Stamp duty surcharge more than doubled amid fears of Chinese money flows\r \r Source : ft.com\r Read more...Australian squeeze on foreign homebuyers","rel":"","context":"In "Property News"","img":{"alt_text":"","src":"","width":0,"height":0},"classes":[]},{"id":117958,"url":"https:\/\/www.siamlandbank.com\/propertynews\/property-news\/hong-kongs-homebuyers-shrug-aside-coronavirus-relapse-to-snap-up-shkps-regency-bay-flats-in-tuen-mun\/","url_meta":{"origin":118865,"position":5},"title":"Hong Kong\u2019s homebuyers shrug aside coronavirus relapse to snap up SHKP\u2019s Regency Bay flats in Tuen Mun","date":"July 25, 2020","format":false,"excerpt":"\r Hong Kong\u2019s homebuyers braved social distancing rules and a record relapse in the city\u2019s coronavirus infections, as they turned out in droves to snap up some of the most expensive newly launched homes in Tuen Mun in the New Territories.Sun Hung Kai Properties (SHKP), Hong Kong\u2019s biggest developer by\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\/118865"}],"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=118865"}],"version-history":[{"count":0,"href":"https:\/\/www.siamlandbank.com\/propertynews\/wp-json\/wp\/v2\/posts\/118865\/revisions"}],"wp:attachment":[{"href":"https:\/\/www.siamlandbank.com\/propertynews\/wp-json\/wp\/v2\/media?parent=118865"}],"wp:term":[{"taxonomy":"category","embeddable":true,"href":"https:\/\/www.siamlandbank.com\/propertynews\/wp-json\/wp\/v2\/categories?post=118865"},{"taxonomy":"post_tag","embeddable":true,"href":"https:\/\/www.siamlandbank.com\/propertynews\/wp-json\/wp\/v2\/tags?post=118865"}],"curies":[{"name":"wp","href":"https:\/\/api.w.org\/{rel}","templated":true}]}}