{"id":119405,"date":"2020-12-02T07:15:11","date_gmt":"2020-12-02T00:15:11","guid":{"rendered":"http:\/\/www.siamlandbank.com\/propertynews\/property-news\/chinese-developers-spending-binge-on-land-acquisitions-unabated-as-it-triples-to-us228-billion-from-five-years-ago\/"},"modified":"2020-12-02T08:04:18","modified_gmt":"2020-12-02T01:04:18","slug":"chinese-developers-spending-binge-on-land-acquisitions-unabated-as-it-triples-to-us228-billion-from-five-years-ago","status":"publish","type":"post","link":"https:\/\/www.siamlandbank.com\/propertynews\/property-news\/chinese-developers-spending-binge-on-land-acquisitions-unabated-as-it-triples-to-us228-billion-from-five-years-ago\/","title":{"rendered":"Chinese developers\u2019 spending binge on land acquisitions unabated as it triples to US$228 billion from five years ago"},"content":{"rendered":"<p>&#013;<br \/>\nChina\u2019s top 20 developers have tripled their spending on land acquisitions in the first nine months of this year compared to five years ago, with most of it focused on \u201cnew first tier\u201d cities such as Wuhan, according to a report from a leading research firm.The top players including Country Garden Holdings, China Evergrande, China Vanke, Greenland Holdings and China Overseas Land &amp; Investment invested 1.5 trillion yuan (US$228.3 billion) between January and September on growing their land bank,\u2026&#013;<br \/>\n&#013;<br \/>\nSource : South China Morning Post&#013;<br \/>\nRead more&#8230;<a href=\"https:\/\/www.scmp.com\/property\/article\/3112144\/chinese-developers-spending-binge-land-acquisitions-unabated-it-triples\" target=\"_blank\">Chinese developers\u2019 spending binge on land acquisitions unabated as it triples to US8 billion from five years ago<\/a><\/p>\n","protected":false},"excerpt":{"rendered":"<p>&#013; China\u2019s top 20 developers have tripled their spending on land acquisitions in the first nine&#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-119405","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-v3T","jetpack-related-posts":[{"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":119405,"position":0},"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":52175,"url":"https:\/\/www.siamlandbank.com\/propertynews\/property-news\/chinese-developer-greentown-china-holdings-expects-2017-to-be-a-window-for-land-acquisitions\/","url_meta":{"origin":119405,"position":1},"title":"Chinese developer Greentown China Holdings expects 2017 to be a window for land acquisitions","date":"April 18, 2017","format":false,"excerpt":"\r The wheel has turned a full circle for Greentown China Holdings. The company, which was veering towards bankruptcy in 2014 and had even sold a majority stake to state-owned China Communications Construction Group in 2015, has not only emerged unscathed and is now China\u2019s ninth largest developer in terms\u2026","rel":"","context":"In &quot;Property News&quot;","img":{"alt_text":"","src":"","width":0,"height":0},"classes":[]},{"id":22620,"url":"https:\/\/www.siamlandbank.com\/propertynews\/property-news\/this-is-the-reason-mainland-china-buyers-converge-in-hong-kong\/","url_meta":{"origin":119405,"position":2},"title":"This is the reason mainland China buyers converge in Hong Kong","date":"August 11, 2016","format":false,"excerpt":"\r Buyers from the mainland are buying residential land in the Chinese SAR in a big way Central district in Hong Kong. Image credit: IQRemix (Flickr) Fears of a devalued yuan have seen buyers from mainland China pour HKD58 billion (USD7.5 billion) on residential land and office building acquisitions in\u2026","rel":"","context":"In &quot;Property News&quot;","img":{"alt_text":"","src":"","width":0,"height":0},"classes":[]},{"id":90602,"url":"https:\/\/www.siamlandbank.com\/propertynews\/property-news\/hong-kong-developers-resume-buying-land-in-mainland-china-after-five-year-hiatus\/","url_meta":{"origin":119405,"position":3},"title":"Hong Kong developers resume buying land in mainland China after five-year hiatus","date":"June 6, 2018","format":false,"excerpt":"\r After an absence of nearly five years, Hong Kong developers have resumed their land acquisitions in leading mainland Chinese cities, taking advantage of tighter credit conditions that have sidelined local rivals. The investments come at a time when Hong Kong land values have surged to fresh records, prompting property\u2026","rel":"","context":"In &quot;Property News&quot;","img":{"alt_text":"","src":"","width":0,"height":0},"classes":[]},{"id":62483,"url":"https:\/\/www.siamlandbank.com\/propertynews\/property-news\/developers-pick-up-beijing-land-at-rock-bottom-price-but-with-little-margin-for-profit\/","url_meta":{"origin":119405,"position":4},"title":"Developers pick up Beijing land at rock bottom price, but with little margin for profit","date":"August 1, 2017","format":false,"excerpt":"\r A consortium comprising China Resources Land, Country Garden Holdings and China Merchants Industrial Zone Holdings bought the first piece of prime land near the centre of the Chinese capital city at an auction on Tuesday at rock bottom price, in a sign that stringent market-cooling rules imposed by local\u2026","rel":"","context":"In &quot;Property News&quot;","img":{"alt_text":"","src":"","width":0,"height":0},"classes":[]},{"id":83697,"url":"https:\/\/www.siamlandbank.com\/propertynews\/property-news\/five-hong-kong-listed-chinese-property-developers-to-see-big-rises-in-2017-profit\/","url_meta":{"origin":119405,"position":5},"title":"Five Hong Kong-listed Chinese property developers to see big rises in 2017 profit","date":"March 25, 2018","format":false,"excerpt":"\r China\u2019s five major property developers are expected to report combined net profits of just over 100 billion yuan (US$15.8 billion) for 2017, thanks to surging property sales, although curbs on the market by the central government could increase uncertainty over the outlook. China Vanke, China Evergrande Group, China Overseas\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\/119405"}],"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=119405"}],"version-history":[{"count":0,"href":"https:\/\/www.siamlandbank.com\/propertynews\/wp-json\/wp\/v2\/posts\/119405\/revisions"}],"wp:attachment":[{"href":"https:\/\/www.siamlandbank.com\/propertynews\/wp-json\/wp\/v2\/media?parent=119405"}],"wp:term":[{"taxonomy":"category","embeddable":true,"href":"https:\/\/www.siamlandbank.com\/propertynews\/wp-json\/wp\/v2\/categories?post=119405"},{"taxonomy":"post_tag","embeddable":true,"href":"https:\/\/www.siamlandbank.com\/propertynews\/wp-json\/wp\/v2\/tags?post=119405"}],"curies":[{"name":"wp","href":"https:\/\/api.w.org\/{rel}","templated":true}]}}