{"id":120800,"date":"2021-06-22T12:33:13","date_gmt":"2021-06-22T05:33:13","guid":{"rendered":"http:\/\/www.siamlandbank.com\/propertynews\/property-news\/shanghais-hottest-commodity-is-pre-owned-flats-as-price-curbs-on-new-projects-lead-to-scramble-in-secondary-market\/"},"modified":"2021-07-18T17:05:03","modified_gmt":"2021-07-18T10:05:03","slug":"shanghais-hottest-commodity-is-pre-owned-flats-as-price-curbs-on-new-projects-lead-to-scramble-in-secondary-market","status":"publish","type":"post","link":"https:\/\/www.siamlandbank.com\/propertynews\/property-news\/shanghais-hottest-commodity-is-pre-owned-flats-as-price-curbs-on-new-projects-lead-to-scramble-in-secondary-market\/","title":{"rendered":"Shanghai\u2019s hottest commodity is pre-owned flats as price curbs on new projects lead to scramble in secondary market"},"content":{"rendered":"


\nA scarce supply of new homes in Shanghai and regulatory curbs have sparked a scramble among thousands of cash-rich buyers for high-end pre-owned flats in China\u2019s financial hub, driving up the prices in secondary market to record highs.Some of the homebuyers, falling victim to new administrative measures to disqualify buyers and cool a red-hot property market, had to pay an extra million of yuan to grab a pre-owned apartment in the city\u2019s downtown areas.\u201cDue to a limited supply of new homes in\u2026
\n
\nSource : South China Morning Post
\nRead more…Shanghai\u2019s hottest commodity is pre-owned flats as price curbs on new projects lead to scramble in secondary market<\/a><\/p>\n","protected":false},"excerpt":{"rendered":"

A scarce supply of new homes in Shanghai and regulatory curbs have sparked a scramble...<\/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-120800","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-vqo","jetpack-related-posts":[{"id":106803,"url":"https:\/\/www.siamlandbank.com\/propertynews\/property-news\/sales-of-pre-owned-homes-in-hong-kong-surge-to-eight-year-high-as-panicked-buyers-rush-to-beat-rising-prices\/","url_meta":{"origin":120800,"position":0},"title":"Sales of pre-owned homes in Hong Kong surge to eight-year high as panicked buyers rush to beat rising prices","date":"May 3, 2019","format":false,"excerpt":"\r Panic buying of Hong Kong property has extended to the secondary market, with sales of pre-owned apartments surging to an eight-year high of HK$40.3 billion in April.The rise was fuelled by a flurry of activity in established housing estates where flats sold for record prices as buyers scrambled to\u2026","rel":"","context":"In "Property News"","img":{"alt_text":"","src":"","width":0,"height":0},"classes":[]},{"id":108260,"url":"https:\/\/www.siamlandbank.com\/propertynews\/property-news\/ck-asset-sells-44-per-cent-of-flats-during-weekend-sale-at-shanghai-residential-project-as-location-price-controls-draw-buyers\/","url_meta":{"origin":120800,"position":1},"title":"CK Asset sells 44 per cent of flats during weekend sale at Shanghai residential project as location, price controls draw buyers","date":"June 19, 2019","format":false,"excerpt":"\r Beijing\u2019s curbs on how much \u00addevelopers can charge for homes has helped \u00adignite sales, especially at the \u00adupper end of the market, as buyers snapped up nearly 500 flats at a prime project in Shanghai at \u00adprices 10 per cent lower than a similar development.The sale, at CK Asset\u2026","rel":"","context":"In "Property News"","img":{"alt_text":"","src":"","width":0,"height":0},"classes":[]},{"id":63140,"url":"https:\/\/www.siamlandbank.com\/propertynews\/property-news\/shanghais-price-controls-on-new-homes-the-toughest-in-china-says-jinmao-chief\/","url_meta":{"origin":120800,"position":2},"title":"Shanghai\u2019s price controls on new homes the toughest in China, says Jinmao chief","date":"August 8, 2017","format":false,"excerpt":"\r Shanghai\u2019s price controls over new homes are the toughest among all mainland Chinese cities, according to state-owned property developer China Jinmao Holdings. Government price guidance on newly launched flats is the latest measure undertaken by a number of major Chinese cities to rein in skyrocketing home prices. Builders that\u2026","rel":"","context":"In "Property News"","img":{"alt_text":"","src":"","width":0,"height":0},"classes":[]},{"id":52842,"url":"https:\/\/www.siamlandbank.com\/propertynews\/property-news\/bets-on-homelink-chinas-biggest-property-agent-are-risky-as-curbs-hit-home-sales\/","url_meta":{"origin":120800,"position":3},"title":"Bets on Homelink, China\u2019s biggest property agent, are risky as curbs hit home sales","date":"April 25, 2017","format":false,"excerpt":"\r While investors fall over themselves to plough money into estate agency Homelink Group, the poster child of China\u2019s secondary home market is seeing its business plunge as local governments tighten their restrictions on property sales. China Vanke pays 3b yuan for stake in secondary home agent Homelink Experts say\u2026","rel":"","context":"In "Property News"","img":{"alt_text":"","src":"","width":0,"height":0},"classes":[]},{"id":112666,"url":"https:\/\/www.siamlandbank.com\/propertynews\/property-news\/small-subdivided-flats-in-shanghais-european-heritage-homes-a-hit-among-young-homebuyers-looking-for-central-location\/","url_meta":{"origin":120800,"position":4},"title":"Small subdivided flats in Shanghai\u2019s European heritage homes a hit among young homebuyers looking for central location","date":"November 27, 2019","format":false,"excerpt":"\r Young homebuyers in Shanghai are choosing subdivided flats in European heritage houses in the city\u2019s former international settlement districts over newer developments, according to market observers.Sales of heritage houses, including those of entire 200 square metre to 300 square metre villas and subdivided small homes in such houses, is\u2026","rel":"","context":"In "Property News"","img":{"alt_text":"","src":"","width":0,"height":0},"classes":[]},{"id":143048,"url":"https:\/\/www.siamlandbank.com\/propertynews\/property-news\/hong-kong-homebuyers-snap-up-uptown-east-flats-worth-us179-million-in-kowloon-bay-as-market-rebounds-after-curbs-removal\/","url_meta":{"origin":120800,"position":5},"title":"Hong Kong homebuyers snap up Uptown East flats worth US$179 million in Kowloon Bay, as market rebounds after curbs removal","date":"March 17, 2024","format":false,"excerpt":"\r Some 238 of the 336 units available in the first batch at Uptown East in Kowloon Bay, worth about US$179 million, found buyers as of 6pm on Sunday, in a sign that the removal of all market-cooling measures has revived demand in Hong Kong.\r \r Source : South China\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\/120800"}],"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=120800"}],"version-history":[{"count":0,"href":"https:\/\/www.siamlandbank.com\/propertynews\/wp-json\/wp\/v2\/posts\/120800\/revisions"}],"wp:attachment":[{"href":"https:\/\/www.siamlandbank.com\/propertynews\/wp-json\/wp\/v2\/media?parent=120800"}],"wp:term":[{"taxonomy":"category","embeddable":true,"href":"https:\/\/www.siamlandbank.com\/propertynews\/wp-json\/wp\/v2\/categories?post=120800"},{"taxonomy":"post_tag","embeddable":true,"href":"https:\/\/www.siamlandbank.com\/propertynews\/wp-json\/wp\/v2\/tags?post=120800"}],"curies":[{"name":"wp","href":"https:\/\/api.w.org\/{rel}","templated":true}]}}