{"id":123011,"date":"2021-11-04T06:30:31","date_gmt":"2021-11-03T23:30:31","guid":{"rendered":"https:\/\/www.siamlandbank.com\/propertynews\/property-news\/evergrande-crisis-delivery-of-homes-continues-to-decline-vendors-receive-property-in-lieu-of-overdue-payments\/"},"modified":"2021-11-04T07:07:49","modified_gmt":"2021-11-04T00:07:49","slug":"evergrande-crisis-delivery-of-homes-continues-to-decline-vendors-receive-property-in-lieu-of-overdue-payments","status":"publish","type":"post","link":"https:\/\/www.siamlandbank.com\/propertynews\/property-news\/evergrande-crisis-delivery-of-homes-continues-to-decline-vendors-receive-property-in-lieu-of-overdue-payments\/","title":{"rendered":"Evergrande crisis: delivery of homes continues to decline, vendors receive property in lieu of overdue payments"},"content":{"rendered":"


\nEmbattled China Evergrande Group is putting on a brave face even as it teeters on the brink of collapse, saying it has been steadily delivering homes and repaying suppliers as required by the central government.The Chinese developer, saddled with 1.97 trillion yuan (US$308.5 billion) of liabilities, said on its official WeChat account on Wednesday that it had handed over 57,462 homes since July across 184 projects, from Harbin in northern Heilongjiang province to Urumqi in the northwest\u2026
\n
\nSource : South China Morning Post
\nRead more…Evergrande crisis: delivery of homes continues to decline, vendors receive property in lieu of overdue payments<\/a><\/p>\n","protected":false},"excerpt":{"rendered":"

Embattled China Evergrande Group is putting on a brave face even as it teeters 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-123011","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-w03","jetpack-related-posts":[{"id":123166,"url":"https:\/\/www.siamlandbank.com\/propertynews\/property-news\/no-respite-for-evergrande-as-it-faces-us366-million-in-interest-payments-before-year-end\/","url_meta":{"origin":123011,"position":0},"title":"No respite for Evergrande as it faces US$366 million in interest payments before year-end","date":"November 11, 2021","format":false,"excerpt":"\r China Evergrande Group is facing another US$366 million in interest payments on its onshore and offshore debt \u2013 some already overdue \u2013 by the end of this year, after narrowly staving off default once again with a series of last-minute coupon payments on Wednesday.It is just a small portion\u2026","rel":"","context":"In "Property News"","img":{"alt_text":"","src":"","width":0,"height":0},"classes":[]},{"id":123292,"url":"https:\/\/www.siamlandbank.com\/propertynews\/property-news\/china-evergrande-raises-us273-million-with-exit-from-hengten-as-creditors-await-payments-on-local-and-offshore-debt\/","url_meta":{"origin":123011,"position":1},"title":"China Evergrande raises US$273 million with exit from HengTen as creditors await payments on local and offshore debt","date":"November 18, 2021","format":false,"excerpt":"\r China Evergrande Group exited its stake in internet company HengTen Networks Group, raising a further HK$2.13 billion (US$273 million) as the embattled developer faces deadlines to pay overdue interest on its debt next week.Evergrande sold 1.66 billion shares of HengTen to Allied Resources Investment Holdings at HK$1.28 a share,\u2026","rel":"","context":"In "Property News"","img":{"alt_text":"","src":"","width":0,"height":0},"classes":[]},{"id":121654,"url":"https:\/\/www.siamlandbank.com\/propertynews\/property-news\/troubles-mount-at-evergrande-as-pipe-supplier-threatens-legal-action-over-delayed-payments\/","url_meta":{"origin":123011,"position":2},"title":"Troubles mount at Evergrande as pipe supplier threatens legal action over delayed payments","date":"August 25, 2021","format":false,"excerpt":"\r Debt-laden developer China Evergrande Group has failed to pay some overdue bills, piping supplier Yonggao said, in the latest sign of a cash crunch at the teetering home builder.Financial markets are worried that the size of Evergrande\u2019s debts present a systemic risk were it to fail and the firm\u2019s\u2026","rel":"","context":"In "Property News"","img":{"alt_text":"","src":"","width":0,"height":0},"classes":[]},{"id":103695,"url":"https:\/\/www.siamlandbank.com\/propertynews\/property-news\/country-garden-china-evergrande-and-china-vanke-among-developers-reporting-decline-in-january-home-sales\/","url_meta":{"origin":123011,"position":3},"title":"Country Garden, China Evergrande and China Vanke among developers reporting decline in January home sales","date":"February 5, 2019","format":false,"excerpt":"\r Mainland Chinese property developers have reported a decline in home sales for January, in a sign the Year of the Pig could be in for a rocky start. According to property consultancy CRIC, more than 30 per cent of the mainland\u2019s top 100 developers posted a year-on-year drop in\u2026","rel":"","context":"In "Property News"","img":{"alt_text":"","src":"","width":0,"height":0},"classes":[]},{"id":121496,"url":"https:\/\/www.siamlandbank.com\/propertynews\/property-news\/dealing-with-debt-a-time-line-of-how-hui-ka-yans-evergrande-landed-back-in-crisis-mode-with-the-worlds-heaviest-debt-load\/","url_meta":{"origin":123011,"position":4},"title":"Dealing with debt: a time line of how Hui Ka-yan\u2019s Evergrande landed back in crisis mode with the world\u2019s heaviest debt load","date":"August 17, 2021","format":false,"excerpt":"\r The clock is ticking for China\u2019s most indebted developer to find a way out of a looming credit crunch.This month alone, China Evergrande Group has endured multiple credit-rating downgrades that sent its stock and bonds tumbling, only to see them recover briefly after it confirmed talks to sell some\u2026","rel":"","context":"In "Property News"","img":{"alt_text":"","src":"","width":0,"height":0},"classes":[]},{"id":137168,"url":"https:\/\/www.siamlandbank.com\/propertynews\/property-news\/evergrande-details-us127-billion-pile-of-liabilities-as-chinese-developers-debt-unpaid-bills-and-lawsuits-mount\/","url_meta":{"origin":123011,"position":5},"title":"Evergrande details US$127 billion pile of liabilities as Chinese developer\u2019s debt, unpaid bills and lawsuits mount","date":"May 30, 2023","format":false,"excerpt":"\r Overdue debt, unpaid bills, and payments involved in lawsuits have piled up to nearly US$127 billion, the company revealed in a stock-exchange filing.\r \r Source : South China Morning Post\r Read more...Evergrande details US7 billion pile of liabilities as Chinese developer\u2019s debt, unpaid bills and lawsuits mount","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\/123011"}],"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=123011"}],"version-history":[{"count":0,"href":"https:\/\/www.siamlandbank.com\/propertynews\/wp-json\/wp\/v2\/posts\/123011\/revisions"}],"wp:attachment":[{"href":"https:\/\/www.siamlandbank.com\/propertynews\/wp-json\/wp\/v2\/media?parent=123011"}],"wp:term":[{"taxonomy":"category","embeddable":true,"href":"https:\/\/www.siamlandbank.com\/propertynews\/wp-json\/wp\/v2\/categories?post=123011"},{"taxonomy":"post_tag","embeddable":true,"href":"https:\/\/www.siamlandbank.com\/propertynews\/wp-json\/wp\/v2\/tags?post=123011"}],"curies":[{"name":"wp","href":"https:\/\/api.w.org\/{rel}","templated":true}]}}