{"id":119838,"date":"2021-01-24T18:12:35","date_gmt":"2021-01-24T11:12:35","guid":{"rendered":"http:\/\/www.siamlandbank.com\/propertynews\/property-news\/shenzhen-announces-ban-penalty-on-property-cheats-as-homebuyers-try-new-tricks-to-profit-from-red-hot-market\/"},"modified":"2021-01-24T19:15:41","modified_gmt":"2021-01-24T12:15:41","slug":"shenzhen-announces-ban-penalty-on-property-cheats-as-homebuyers-try-new-tricks-to-profit-from-red-hot-market","status":"publish","type":"post","link":"https:\/\/www.siamlandbank.com\/propertynews\/property-news\/shenzhen-announces-ban-penalty-on-property-cheats-as-homebuyers-try-new-tricks-to-profit-from-red-hot-market\/","title":{"rendered":"Shenzhen announces ban, penalty on property cheats as homebuyers try new tricks to profit from red-hot market"},"content":{"rendered":"


\nShenzhen\u2019s local government will slap a three-year ban on residents who provide false information on new property purchases to stamp out cheats, after authorities discovered 12 fraud cases at a new housing project.Authorities in China\u2019s wealthiest city in southern Guangdong province announced the penalty on Saturday after witnessing a buying frenzy in several new developments. A limit on home ownership and price caps to douse speculation have failed to restrain prices, creating opportunities\u2026
\n
\nSource : South China Morning Post
\nRead more…Shenzhen announces ban, penalty on property cheats as homebuyers try new tricks to profit from red-hot market<\/a><\/p>\n","protected":false},"excerpt":{"rendered":"

Shenzhen\u2019s local government will slap a three-year ban on residents who provide false information on...<\/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-119838","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-vaS","jetpack-related-posts":[{"id":144567,"url":"https:\/\/www.siamlandbank.com\/propertynews\/property-news\/shenzhen-guangzhou-join-chinas-property-relaxation-campaign-in-bid-to-lure-homebuyers\/","url_meta":{"origin":119838,"position":0},"title":"Shenzhen, Guangzhou join China\u2019s property relaxation campaign in bid to lure homebuyers","date":"May 29, 2024","format":false,"excerpt":"\r Shenzhen and Guangzhou have joined the ranks of major Chinese cities that have lowered mortgage rates to lure homebuyers.\r \r Source : South China Morning Post\r Read more...Shenzhen, Guangzhou join China\u2019s property relaxation campaign in bid to lure homebuyers","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":119838,"position":1},"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":136537,"url":"https:\/\/www.siamlandbank.com\/propertynews\/property-news\/shenzhen-developers-target-hong-kong-homebuyers-amid-weak-april-sales-from-local-buyers\/","url_meta":{"origin":119838,"position":2},"title":"Shenzhen developers target Hong Kong homebuyers amid weak April sales from local buyers","date":"May 8, 2023","format":false,"excerpt":"\r With borders now open, Shenzhen and other cities in the Greater Bay Area are increasing marketing in Hong Kong to revitalise a weak market.\r \r Source : South China Morning Post\r Read more...Shenzhen developers target Hong Kong homebuyers amid weak April sales from local buyers","rel":"","context":"In "Property News"","img":{"alt_text":"","src":"","width":0,"height":0},"classes":[]},{"id":121853,"url":"https:\/\/www.siamlandbank.com\/propertynews\/property-news\/shenzhen-homebuyers-look-forward-to-cheaper-apartments-after-city-lowers-cap-on-land-and-home-prices\/","url_meta":{"origin":119838,"position":3},"title":"Shenzhen homebuyers look forward to cheaper apartments after city lowers cap on land and home prices","date":"September 7, 2021","format":false,"excerpt":"\r Homebuyers in Shenzhen, China\u2019s technology hub, are looking forward to cheaper prices after the local government cut its asking price for land by 12.7 billion yuan (US$1.9 billion).The sale of 22 lots of land slated for August 9 was called off by the government, and when it was rescheduled\u2026","rel":"","context":"In "Property News"","img":{"alt_text":"","src":"","width":0,"height":0},"classes":[]},{"id":136027,"url":"https:\/\/www.siamlandbank.com\/propertynews\/property-news\/shenzhen-scraps-use-of-guide-prices-in-mortgage-applications-to-boost-homebuyers-spending-power-revive-flagging-market\/","url_meta":{"origin":119838,"position":4},"title":"Shenzhen scraps use of guide prices in mortgage applications to boost homebuyers\u2019 spending power, revive flagging market","date":"April 21, 2023","format":false,"excerpt":"\r Home loans will no longer be pegged to the reference prices that were imposed in February 2021 to curb the soaring home prices blighting the market at the time, said several agents and landlords who claimed they had checked with local banks.\r \r Source : South China Morning Post\r\u2026","rel":"","context":"In "Property News"","img":{"alt_text":"","src":"","width":0,"height":0},"classes":[]},{"id":110262,"url":"https:\/\/www.siamlandbank.com\/propertynews\/property-news\/prospective-homebuyers-enticed-off-sidelines-in-shenzhen-after-beijing-picks-it-as-new-special-economic-zone\/","url_meta":{"origin":119838,"position":5},"title":"Prospective homebuyers enticed off sidelines in Shenzhen after Beijing picks it as new special economic zone","date":"August 28, 2019","format":false,"excerpt":"\r Home sales jumped suddenly in Shenzhen, after Beijing announced it had picked the southern city as a new special economic zone to carry out wide-ranging reforms in medical, legal and other sectors.Last weekend \u2013 the first after Beijing\u2019s announcement on August 21 \u2013 total new home sales jumped 10\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\/119838"}],"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=119838"}],"version-history":[{"count":0,"href":"https:\/\/www.siamlandbank.com\/propertynews\/wp-json\/wp\/v2\/posts\/119838\/revisions"}],"wp:attachment":[{"href":"https:\/\/www.siamlandbank.com\/propertynews\/wp-json\/wp\/v2\/media?parent=119838"}],"wp:term":[{"taxonomy":"category","embeddable":true,"href":"https:\/\/www.siamlandbank.com\/propertynews\/wp-json\/wp\/v2\/categories?post=119838"},{"taxonomy":"post_tag","embeddable":true,"href":"https:\/\/www.siamlandbank.com\/propertynews\/wp-json\/wp\/v2\/tags?post=119838"}],"curies":[{"name":"wp","href":"https:\/\/api.w.org\/{rel}","templated":true}]}}