{"id":122985,"date":"2021-11-03T10:00:14","date_gmt":"2021-11-03T03:00:14","guid":{"rendered":"https:\/\/www.siamlandbank.com\/propertynews\/property-news\/shenzhen-relaxes-rules-for-developers-buying-land-backing-away-from-the-cap-that-sent-real-estate-auctions-into-a-tailspin\/"},"modified":"2021-11-03T11:17:59","modified_gmt":"2021-11-03T04:17:59","slug":"shenzhen-relaxes-rules-for-developers-buying-land-backing-away-from-the-cap-that-sent-real-estate-auctions-into-a-tailspin","status":"publish","type":"post","link":"https:\/\/www.siamlandbank.com\/propertynews\/property-news\/shenzhen-relaxes-rules-for-developers-buying-land-backing-away-from-the-cap-that-sent-real-estate-auctions-into-a-tailspin\/","title":{"rendered":"Shenzhen relaxes rules for developers buying land, backing away from the cap that sent real estate auctions into a tailspin"},"content":{"rendered":"<p>&#013;<br \/>\nShenzhen has relaxed the conditions for taking part in land sales, one of the first among China\u2019s local authorities to backtrack from the draconian measures that have sent the entire country\u2019s real estate industry into a tailspin.According to the new rules laid out by the Planning and Natural Resources Bureau of China\u2019s technology metropolis, more than one developer will be allowed to bid for land at the same price, where the competition will be based on how many homes they can build under the \u2026&#013;<br \/>\n&#013;<br \/>\nSource : South China Morning Post&#013;<br \/>\nRead more&#8230;<a href=\"https:\/\/www.scmp.com\/business\/companies\/article\/3154547\/shenzhen-relaxes-rules-developers-buying-land-backing-away-cap?utm_source=rss_feed\" target=\"_blank\" rel=\"noopener\">Shenzhen relaxes rules for developers buying land, backing away from the cap that sent real estate auctions into a tailspin<\/a><\/p>\n","protected":false},"excerpt":{"rendered":"<p>&#013; Shenzhen has relaxed the conditions for taking part in land sales, one of the first&#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-122985","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-vZD","jetpack-related-posts":[{"id":113475,"url":"https:\/\/www.siamlandbank.com\/propertynews\/property-news\/china-developers-turn-to-old-charm-lower-tier-cities-for-cheaper-land-bank-as-prices-in-beijing-shenzhen-soar\/","url_meta":{"origin":122985,"position":0},"title":"China developers turn to old-charm lower-tier cities for cheaper land bank as prices in Beijing, Shenzhen soar","date":"January 8, 2020","format":false,"excerpt":"\r Skyrocketing land prices in Beijing and Shenzhen are forcing some of China\u2019s biggest developers to scour for cheaper land bank in lower-tier cities in northern and western regions while authorities tightened financing to temper credit risks in speculative hotbeds.Taiyuan, the largest city in the northern province of Shanxi and\u2026","rel":"","context":"In &quot;Property News&quot;","img":{"alt_text":"","src":"","width":0,"height":0},"classes":[]},{"id":110555,"url":"https:\/\/www.siamlandbank.com\/propertynews\/property-news\/shenzhen-a-blueprint-for-chinese-cities-must-abandon-hong-kongs-property-model-warns-chinas-godfather-of-real-estate-meng-xiaosu\/","url_meta":{"origin":122985,"position":1},"title":"Shenzhen, a blueprint for Chinese cities, must abandon Hong Kong\u2019s property model, warns China\u2019s \u2018godfather of real estate\u2019 Meng Xiaosu","date":"September 7, 2019","format":false,"excerpt":"\r The southern city of Shenzhen, now a blueprint for China\u2019s urban development, should abandon the Hong Kong property model it borrowed decades ago, warned the country\u2019s \u201cgodfather of real estate\u201d.Meng Xiaosu, who spearheaded China\u2019s property reform policies in the 1990s, said Shenzhen and other cities in the Greater Bay\u2026","rel":"","context":"In &quot;Property News&quot;","img":{"alt_text":"","src":"","width":0,"height":0},"classes":[]},{"id":108002,"url":"https:\/\/www.siamlandbank.com\/propertynews\/property-news\/can-the-worlds-factory-dongguan-tame-its-runaway-land-prices-by-changing-auction-rules\/","url_meta":{"origin":122985,"position":2},"title":"Can the \u2018world\u2019s factory\u2019, Dongguan, tame its runaway land prices by changing auction rules?","date":"June 12, 2019","format":false,"excerpt":"\r Authorities in Dongguan, a major manufacturing hub near Shenzhen, have changed the way land auctions are carried out in a bid to cool the sizzling market.It comes after a flurry of aggressive bidding wars involving developers desperate to get a foothold in the Greater Bay Area drove Dongguan\u2019s land\u2026","rel":"","context":"In &quot;Property News&quot;","img":{"alt_text":"","src":"","width":0,"height":0},"classes":[]},{"id":108388,"url":"https:\/\/www.siamlandbank.com\/propertynews\/property-news\/shenzhens-largest-residential-land-sale-since-2001-draws-the-attention-of-more-than-80-chinese-and-hong-kong-developers\/","url_meta":{"origin":122985,"position":3},"title":"Shenzhen\u2019s largest residential land sale since 2001 draws the attention of more than 80 Chinese and Hong Kong developers","date":"June 24, 2019","format":false,"excerpt":"\r More than 80 Chinese and Hong Kong developers are expected to engage in fierce bidding when the tender for five residential sites in Shenzhen opens on Monday, as the city known for its scarce land supply, auctions the largest volume of land in a single day in nearly two\u2026","rel":"","context":"In &quot;Property News&quot;","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":122985,"position":4},"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 &quot;Property News&quot;","img":{"alt_text":"","src":"","width":0,"height":0},"classes":[]},{"id":35344,"url":"https:\/\/www.siamlandbank.com\/propertynews\/property-news\/chinas-stricter-rules-for-land-auctions-spell-trouble-for-smaller-developers\/","url_meta":{"origin":122985,"position":5},"title":"China\u2019s stricter rules for land auctions spell trouble for smaller developers","date":"November 22, 2016","format":false,"excerpt":"\r The increasingly draconian land acquisition rules being applied in mainland China\u2019s largest cities are pushing most small developers out of business and driving larger ones to acquire land via alternative channels, say industry experts. After many Chinese developers turned their back on the oversupplied lower-tier cities they pinned their\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\/122985"}],"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=122985"}],"version-history":[{"count":0,"href":"https:\/\/www.siamlandbank.com\/propertynews\/wp-json\/wp\/v2\/posts\/122985\/revisions"}],"wp:attachment":[{"href":"https:\/\/www.siamlandbank.com\/propertynews\/wp-json\/wp\/v2\/media?parent=122985"}],"wp:term":[{"taxonomy":"category","embeddable":true,"href":"https:\/\/www.siamlandbank.com\/propertynews\/wp-json\/wp\/v2\/categories?post=122985"},{"taxonomy":"post_tag","embeddable":true,"href":"https:\/\/www.siamlandbank.com\/propertynews\/wp-json\/wp\/v2\/tags?post=122985"}],"curies":[{"name":"wp","href":"https:\/\/api.w.org\/{rel}","templated":true}]}}