{"id":119105,"date":"2020-11-04T06:00:13","date_gmt":"2020-11-03T23:00:13","guid":{"rendered":"http:\/\/www.siamlandbank.com\/propertynews\/property-news\/from-food-delivery-to-babysitting-chinese-home-builders-turn-to-butler-services-to-boost-revenues-amid-weak-sales\/"},"modified":"2020-11-04T06:06:42","modified_gmt":"2020-11-03T23:06:42","slug":"from-food-delivery-to-babysitting-chinese-home-builders-turn-to-butler-services-to-boost-revenues-amid-weak-sales","status":"publish","type":"post","link":"https:\/\/www.siamlandbank.com\/propertynews\/property-news\/from-food-delivery-to-babysitting-chinese-home-builders-turn-to-butler-services-to-boost-revenues-amid-weak-sales\/","title":{"rendered":"From food delivery to babysitting, Chinese home builders turn to \u2018butler\u2019 services to boost revenues amid weak sales"},"content":{"rendered":"<p>&#013;<br \/>\nTraditionally, Chinese developers have offered little more than security and maintenance services to the residents of their projects once the cranes and diggers have moved on.But after 2014, when the authorities removed price controls on property management fees, more home builders began offering extras like takeaway food and grocery deliveries, gardening and laundry services.Seeing the income from their sideline businesses growing, the likes of Country Garden Holdings and Poly Development and\u2026&#013;<br \/>\n&#013;<br \/>\nSource : South China Morning Post&#013;<br \/>\nRead more&#8230;<a href=\"https:\/\/www.scmp.com\/business\/companies\/article\/3108282\/food-delivery-babysitting-chinese-home-builders-turn-butler\" target=\"_blank\">From food delivery to babysitting, Chinese home builders turn to \u2018butler\u2019 services to boost revenues amid weak sales<\/a><\/p>\n","protected":false},"excerpt":{"rendered":"<p>&#013; Traditionally, Chinese developers have offered little more than security and maintenance services to the residents&#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-119105","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-uZ3","jetpack-related-posts":[{"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":119105,"position":0},"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 &quot;Property News&quot;","img":{"alt_text":"","src":"","width":0,"height":0},"classes":[]},{"id":18848,"url":"https:\/\/www.siamlandbank.com\/propertynews\/property-news\/chinese-home-builders-raise-full-year-targets-amid-upbeat-first-half-sales\/","url_meta":{"origin":119105,"position":1},"title":"Chinese home builders raise full-year targets amid upbeat first-half sales","date":"July 6, 2016","format":false,"excerpt":"\r A number of China\u2019s leading property developers have raised their sales targets after posting significant sales growth in the first half of the year.\r \r Source : South China Morning Post\r Read more...Chinese home builders raise full-year targets amid upbeat first-half sales","rel":"","context":"In &quot;Property News&quot;","img":{"alt_text":"","src":"","width":0,"height":0},"classes":[]},{"id":108634,"url":"https:\/\/www.siamlandbank.com\/propertynews\/property-news\/chinese-builders-face-a-tough-choice-sacrifice-profit-now-to-generate-cash-or-wait-for-better-times\/","url_meta":{"origin":119105,"position":2},"title":"Chinese builders face a tough choice: sacrifice profit now to generate cash or wait for better times","date":"July 2, 2019","format":false,"excerpt":"\r Chinese developers are increasingly being forced to sell their new units at losses, or close to cost, in order to get buyers into their showrooms and generate cash, amid a clampdown on financing that forms part of the government\u2019s campaign to pare back debt.The huge discounts involved have been\u2026","rel":"","context":"In &quot;Property News&quot;","img":{"alt_text":"","src":"","width":0,"height":0},"classes":[]},{"id":143135,"url":"https:\/\/www.siamlandbank.com\/propertynews\/property-news\/chinas-state-backed-developers-grow-earnings-as-buyers-look-for-safety-in-home-delivery-shunning-troubled-builders\/","url_meta":{"origin":119105,"position":3},"title":"China\u2019s state-backed developers grow earnings as buyers look for safety in home delivery, shunning troubled builders","date":"March 21, 2024","format":false,"excerpt":"\r China\u2019s state-backed developers are generating more profits from residential sales at the expense of weak rivals, indicating buyers continue to place greater emphasis on safety in capital and home delivery\r \r Source : South China Morning Post\r Read more...China\u2019s state-backed developers grow earnings as buyers look for safety in\u2026","rel":"","context":"In &quot;Property News&quot;","img":{"alt_text":"","src":"","width":0,"height":0},"classes":[]},{"id":108880,"url":"https:\/\/www.siamlandbank.com\/propertynews\/property-news\/chinese-home-builders-hunger-for-offshore-bond-markets-after-land-spending-binge-prompts-government-clampdown-on-credit\/","url_meta":{"origin":119105,"position":4},"title":"Chinese home builders \u2018hunger\u2019 for offshore bond markets after land spending binge prompts government clampdown on credit","date":"July 11, 2019","format":false,"excerpt":"\r Chinese developers are flocking to the offshore bond \u00admarket, one of the few fundraising channels available amid a \u00adgovernment clampdown on credit, as prices for land at tender rise sharply.Developers have issued \u00adoverseas bonds worth more than US$4 billion in the first 10 days of July. That compares with\u2026","rel":"","context":"In &quot;Property News&quot;","img":{"alt_text":"","src":"","width":0,"height":0},"classes":[]},{"id":124770,"url":"https:\/\/www.siamlandbank.com\/propertynews\/property-news\/more-property-sector-easing-expected-as-chinese-builders-struggle-to-sell-homes-analysts-say\/","url_meta":{"origin":119105,"position":5},"title":"More property sector easing expected as Chinese builders struggle to sell homes, analysts say","date":"March 1, 2022","format":false,"excerpt":"\r China\u2019s biggest property developers are struggling to sell homes despite the introduction of some relaxation measures by Beijing.The value of the combined contracted sales at the country\u2019s top 100 developers fell 47.2 per cent in February from last year to 401.6 billion yuan (US$63.6 billion), widening from a slump\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\/119105"}],"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=119105"}],"version-history":[{"count":0,"href":"https:\/\/www.siamlandbank.com\/propertynews\/wp-json\/wp\/v2\/posts\/119105\/revisions"}],"wp:attachment":[{"href":"https:\/\/www.siamlandbank.com\/propertynews\/wp-json\/wp\/v2\/media?parent=119105"}],"wp:term":[{"taxonomy":"category","embeddable":true,"href":"https:\/\/www.siamlandbank.com\/propertynews\/wp-json\/wp\/v2\/categories?post=119105"},{"taxonomy":"post_tag","embeddable":true,"href":"https:\/\/www.siamlandbank.com\/propertynews\/wp-json\/wp\/v2\/tags?post=119105"}],"curies":[{"name":"wp","href":"https:\/\/api.w.org\/{rel}","templated":true}]}}