{"id":122142,"date":"2021-09-22T07:30:23","date_gmt":"2021-09-22T00:30:23","guid":{"rendered":"https:\/\/www.siamlandbank.com\/propertynews\/property-news\/chinese-cities-ask-developers-to-stop-discount-gimmicks-as-local-governments-seek-to-prevent-a-collapse-in-home-prices\/"},"modified":"2021-09-22T09:03:34","modified_gmt":"2021-09-22T02:03:34","slug":"chinese-cities-ask-developers-to-stop-discount-gimmicks-as-local-governments-seek-to-prevent-a-collapse-in-home-prices","status":"publish","type":"post","link":"https:\/\/www.siamlandbank.com\/propertynews\/property-news\/chinese-cities-ask-developers-to-stop-discount-gimmicks-as-local-governments-seek-to-prevent-a-collapse-in-home-prices\/","title":{"rendered":"Chinese cities ask developers to stop discount gimmicks as local governments seek to prevent a collapse in home prices"},"content":{"rendered":"<p>&#013;<br \/>\nAt least eight cities in mainland China, from Zhuzhou in southern Hunan province to Huizhou in the Greater Bay Area, have come up with measures to prevent developers from offering excessively cheap homes to stabilise the market and prevent a collapse in prices.The housing authorities in Zhuzhou earlier this month summoned executives of four local developers and a few property agencies, asking them to stop selling homes at prices that were \u201cobviously lower than the market level\u201d, and urged them\u2026&#013;<br \/>\n&#013;<br \/>\nSource : South China Morning Post&#013;<br \/>\nRead more&#8230;<a href=\"https:\/\/www.scmp.com\/business\/china-business\/article\/3149513\/chinese-cities-ask-developers-stop-discount-gimmicks-local?utm_source=rss_feed\" target=\"_blank\" rel=\"noopener\">Chinese cities ask developers to stop discount gimmicks as local governments seek to prevent a collapse in home prices<\/a><\/p>\n","protected":false},"excerpt":{"rendered":"<p>&#013; At least eight cities in mainland China, from Zhuzhou in southern Hunan province to Huizhou&#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-122142","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-vM2","jetpack-related-posts":[{"id":43959,"url":"https:\/\/www.siamlandbank.com\/propertynews\/property-news\/china-property-developers-cut-new-home-prices-in-compliance-with-government-curbs-designed-to-cool-market\/","url_meta":{"origin":122142,"position":0},"title":"China property developers cut new home prices in compliance with government curbs designed to cool market","date":"February 13, 2017","format":false,"excerpt":"\r Chinese property developers are cutting prices for newly launched flats in leading cities following government intervention to eliminate speculation in the market. More than 20 Chinese cities have rolled out a raft of tightening measures in a bid to curb the overheated housing market since the fourth quarter. However,\u2026","rel":"","context":"In &quot;Property News&quot;","img":{"alt_text":"","src":"","width":0,"height":0},"classes":[]},{"id":14856,"url":"https:\/\/www.siamlandbank.com\/propertynews\/property-news\/rapid-recovery-in-chinas-property-market-may-not-be-sustainable-as-developers-pile-on-debt\/","url_meta":{"origin":122142,"position":1},"title":"Rapid recovery in China\u2019s property market may not be sustainable as developers pile on debt","date":"May 30, 2016","format":false,"excerpt":"\r Land prices in mainland Chinese cities continue to soar despite efforts by some city governments to cool down the market.\r \r Source : South China Morning Post\r Read more...Rapid recovery in China\u2019s property market may not be sustainable as developers pile on debt","rel":"","context":"In &quot;Property News&quot;","img":{"alt_text":"","src":"","width":0,"height":0},"classes":[]},{"id":146637,"url":"https:\/\/www.siamlandbank.com\/propertynews\/property-news\/shenzhen-joins-chinese-local-governments-taking-unsold-homes-off-developers-hands\/","url_meta":{"origin":122142,"position":2},"title":"Shenzhen joins Chinese local governments taking unsold homes off developers\u2019 hands","date":"August 8, 2024","format":false,"excerpt":"\r The city becomes the first tier-1 metropolis to heed Beijing\u2019s call to help bail out property developers while adding to affordable housing stock.\r \r Source : South China Morning Post\r Read more...Shenzhen joins Chinese local governments taking unsold homes off developers\u2019 hands","rel":"","context":"In &quot;Property News&quot;","img":{"alt_text":"","src":"","width":0,"height":0},"classes":[]},{"id":28225,"url":"https:\/\/www.siamlandbank.com\/propertynews\/property-news\/chinese-cities-fight-property-speculation-with-home-purchase-reforms\/","url_meta":{"origin":122142,"position":3},"title":"Chinese cities fight property speculation with home purchase reforms","date":"October 2, 2016","format":false,"excerpt":"\r Local governments in six Chinese cities tightened rules for home purchases over the past three days in a bid to damp resurgent demand and rein in excessive speculation.Authorities in the six metropolitan areas introduced measures ranging from raising down-payment requirements for both first and second homes to ruling some\u2026","rel":"","context":"In &quot;Property News&quot;","img":{"alt_text":"","src":"","width":0,"height":0},"classes":[]},{"id":130732,"url":"https:\/\/www.siamlandbank.com\/propertynews\/property-news\/local-chinese-governments-snap-up-new-homes-in-bid-to-buoy-battered-housing-market-ease-strain-on-developers\/","url_meta":{"origin":122142,"position":4},"title":"Local Chinese governments snap up new homes in bid to buoy battered housing market, ease strain on developers","date":"October 14, 2022","format":false,"excerpt":"\r The authorities in Suzhou in the southern province of Jiangsu snapped up 5,000 new units in September, while similar moves are being undertaken in Jinan and Xinjiang.\r \r Source : South China Morning Post\r Read more...Local Chinese governments snap up new homes in bid to buoy battered housing market,\u2026","rel":"","context":"In &quot;Property News&quot;","img":{"alt_text":"","src":"","width":0,"height":0},"classes":[]},{"id":123404,"url":"https:\/\/www.siamlandbank.com\/propertynews\/property-news\/major-chinese-cities-cut-land-auction-prices-by-up-to-20-per-cent-to-lure-cash-strapped-developers-amid-market-gloom\/","url_meta":{"origin":122142,"position":5},"title":"Major Chinese cities cut land auction prices by up to 20 per cent to lure cash-strapped developers amid market gloom","date":"November 24, 2021","format":false,"excerpt":"\r Major cities in China are slashing the price of land they are auctioning off in an effort to attract bids from cash-strapped property developers facing a market downturn.Beijing put 12 parcels of land on the market on November 19, including two in eastern Chaoyang district with a combined reserve\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\/122142"}],"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=122142"}],"version-history":[{"count":0,"href":"https:\/\/www.siamlandbank.com\/propertynews\/wp-json\/wp\/v2\/posts\/122142\/revisions"}],"wp:attachment":[{"href":"https:\/\/www.siamlandbank.com\/propertynews\/wp-json\/wp\/v2\/media?parent=122142"}],"wp:term":[{"taxonomy":"category","embeddable":true,"href":"https:\/\/www.siamlandbank.com\/propertynews\/wp-json\/wp\/v2\/categories?post=122142"},{"taxonomy":"post_tag","embeddable":true,"href":"https:\/\/www.siamlandbank.com\/propertynews\/wp-json\/wp\/v2\/tags?post=122142"}],"curies":[{"name":"wp","href":"https:\/\/api.w.org\/{rel}","templated":true}]}}