{"id":122278,"date":"2021-09-29T08:30:14","date_gmt":"2021-09-29T01:30:14","guid":{"rendered":"https:\/\/www.siamlandbank.com\/propertynews\/property-news\/shenzhen-sells-21-of-the-22-plots-in-citys-second-land-sale-this-year-fetching-the-government-us7-billion\/"},"modified":"2021-09-29T10:15:34","modified_gmt":"2021-09-29T03:15:34","slug":"shenzhen-sells-21-of-the-22-plots-in-citys-second-land-sale-this-year-fetching-the-government-us7-billion","status":"publish","type":"post","link":"https:\/\/www.siamlandbank.com\/propertynews\/property-news\/shenzhen-sells-21-of-the-22-plots-in-citys-second-land-sale-this-year-fetching-the-government-us7-billion\/","title":{"rendered":"Shenzhen sells 21 of the 22 plots in city\u2019s second land sale this year, fetching the government US$7 billion"},"content":{"rendered":"


\nShenzhen, China\u2019s least affordable city to own a home, on Tuesday sold all but one of 22 plots even after the government capped the prices of new flats to help more people get on the property ladder.The 21 sites fetched 45.3 billion yuan (US$7 billion), just 7.34 per cent above the minimum selling price of all 22 sites, with most of the lots swooped up by state-owned enterprises. Only one residential site in Baoan district, which had a minimum price of 1.77 billion yuan, was withdrawn from sale\u2026
\n
\nSource : South China Morning Post
\nRead more…Shenzhen sells 21 of the 22 plots in city\u2019s second land sale this year, fetching the government US billion<\/a><\/p>\n","protected":false},"excerpt":{"rendered":"

Shenzhen, China\u2019s least affordable city to own a home, on Tuesday sold all but one...<\/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-122278","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-vOe","jetpack-related-posts":[{"id":111955,"url":"https:\/\/www.siamlandbank.com\/propertynews\/property-news\/shenzhen-property-sale-lottery-locks-up-us2-billion-in-deposits-the-largest-in-the-citys-history\/","url_meta":{"origin":122278,"position":0},"title":"Shenzhen property sale lottery locks up US$2 billion in deposits \u2013 the largest in the city\u2019s history","date":"October 28, 2019","format":false,"excerpt":"\r A frenzied luxury home sale has locked up nearly 14 billion yuan (US$2 billion) in deposits from more than 2,700 interested buyers in Shenzhen \u2013 the largest in the tech hub\u2019s history. However, some analysts are saying that the \u201cmarket is overheated\u201d after Beijing anointed the city as a\u2026","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":122278,"position":1},"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":57678,"url":"https:\/\/www.siamlandbank.com\/propertynews\/property-news\/vanke-stake-sale-smooths-way-for-evergrandes-much-prized-shenzhen-ipo-despite-us1b-hit\/","url_meta":{"origin":122278,"position":2},"title":"Vanke stake sale smooths way for Evergrande\u2019s much-prized Shenzhen IPO, despite US$1b hit","date":"June 13, 2017","format":false,"excerpt":"\r Despite taking a hefty loss of 7 billion yuan (US$1 billion), China Evergrande Group is still considered very \u201clucky\u201d to have extracted itself from the China Vanke takeover saga, according to analysts. Evergrande, China\u2019s largest property developer, revealed its holding in housebuilder Vanke was sold to Shenzhen Metro Group\u2026","rel":"","context":"In "Property News"","img":{"alt_text":"","src":"","width":0,"height":0},"classes":[]},{"id":114371,"url":"https:\/\/www.siamlandbank.com\/propertynews\/property-news\/wuhan-belatedly-halts-29-billion-yuan-worth-of-land-sales-citing-virus-outbreak\/","url_meta":{"origin":122278,"position":3},"title":"Wuhan belatedly halts 29 billion yuan worth of land sales citing virus outbreak","date":"February 19, 2020","format":false,"excerpt":"\r Wuhan, the Chinese city at the centre of the coronavirus epidemic, has suspended several land auctions worth about 29 billion yuan (US$4.1 billion) a day before the bidding deadline, citing \u201cvirus outbreak\u201d for the move.\r\rThe Wuhan Natural Resources and Planning Bureau on Tuesday halted the sale of 10 plots\u2026","rel":"","context":"In "Property News"","img":{"alt_text":"","src":"","width":0,"height":0},"classes":[]},{"id":71052,"url":"https:\/\/www.siamlandbank.com\/propertynews\/property-news\/china-evergrande-raises-another-us9bn-to-cut-debt-ahead-of-shenzhen-listing\/","url_meta":{"origin":122278,"position":4},"title":"China Evergrande raises another US$9bn to cut debt ahead of Shenzhen listing","date":"November 6, 2017","format":false,"excerpt":"\r China Evergrande Group, the country\u2019s largest property developer by sales, has raised another 60 billion yuan (US$9 billion) from strategic investors as it looks to further reduce debt ahead of the listing of its property arm, Hengda Real Estate, on the Shenzhen Stock Exchange. The latest funding, the third\u2026","rel":"","context":"In "Property News"","img":{"alt_text":"","src":"","width":0,"height":0},"classes":[]},{"id":65736,"url":"https:\/\/www.siamlandbank.com\/propertynews\/property-news\/sino-land-boosts-its-cash-with-sale-of-most-of-stake-in-chengdu-property-for-us1-34-billion\/","url_meta":{"origin":122278,"position":5},"title":"Sino Land boosts its cash with sale of most of stake in Chengdu property for US$1.34 billion","date":"September 7, 2017","format":false,"excerpt":"\r Sino Land has agreed to sell 80 per cent of its mixed property development in the western Chinese city of Chengdu to a Shenzhen-listed firm for HK$10.51 billion (US$1.34 billion), a sale that could help it make new acquisitions. The residential, commercial and hotel project, to be built on\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\/122278"}],"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=122278"}],"version-history":[{"count":0,"href":"https:\/\/www.siamlandbank.com\/propertynews\/wp-json\/wp\/v2\/posts\/122278\/revisions"}],"wp:attachment":[{"href":"https:\/\/www.siamlandbank.com\/propertynews\/wp-json\/wp\/v2\/media?parent=122278"}],"wp:term":[{"taxonomy":"category","embeddable":true,"href":"https:\/\/www.siamlandbank.com\/propertynews\/wp-json\/wp\/v2\/categories?post=122278"},{"taxonomy":"post_tag","embeddable":true,"href":"https:\/\/www.siamlandbank.com\/propertynews\/wp-json\/wp\/v2\/tags?post=122278"}],"curies":[{"name":"wp","href":"https:\/\/api.w.org\/{rel}","templated":true}]}}