{"id":123217,"date":"2021-11-14T08:31:44","date_gmt":"2021-11-14T01:31:44","guid":{"rendered":"https:\/\/www.siamlandbank.com\/propertynews\/property-news\/chinese-state-developers-step-up-land-auction-activity-to-rescue-local-governments\/"},"modified":"2021-11-14T09:03:44","modified_gmt":"2021-11-14T02:03:44","slug":"chinese-state-developers-step-up-land-auction-activity-to-rescue-local-governments","status":"publish","type":"post","link":"https:\/\/www.siamlandbank.com\/propertynews\/property-news\/chinese-state-developers-step-up-land-auction-activity-to-rescue-local-governments\/","title":{"rendered":"Chinese state developers step up land auction activity to rescue local governments"},"content":{"rendered":"<p>&#013;<br \/>\nEvergrande and other private sector groups have been driven to the edge of bankruptcy&#013;<br \/>\n&#013;<br \/>\nSource : ft.com&#013;<br \/>\nRead more&#8230;<a href=\"https:\/\/www.ft.com\/content\/b946f567-3ebe-451f-8bba-a775be08bcb5\" target=\"_blank\" rel=\"noopener\">Chinese state developers step up land auction activity to rescue local governments<\/a><\/p>\n","protected":false},"excerpt":{"rendered":"<p>&#013; Evergrande and other private sector groups have been driven to the edge of bankruptcy&#013; &#013;&#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-123217","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-w3n","jetpack-related-posts":[{"id":34724,"url":"https:\/\/www.siamlandbank.com\/propertynews\/property-news\/property-developers-undeterred-by-beijings-market-cooling-auction-restrictions\/","url_meta":{"origin":123217,"position":0},"title":"Property developers undeterred by Beijing\u2019s market-cooling auction restrictions","date":"November 17, 2016","format":false,"excerpt":"\r Property developers, desperate to acquire land for their projects, have steamrolled a three-step process that Beijing\u2019s government put in to cap land costs, in a sign that the new rules are inadequate to rein in runaway housing prices in the Chinese capital. Only one of four pieces of land\u2026","rel":"","context":"In &quot;Property News&quot;","img":{"alt_text":"","src":"","width":0,"height":0},"classes":[]},{"id":136043,"url":"https:\/\/www.siamlandbank.com\/propertynews\/property-news\/chinese-developers-shell-out-us7-5-billion-for-19-lots-on-offer-in-shanghais-first-land-auction-in-2023-pointing-to-property-markets-recovery\/","url_meta":{"origin":123217,"position":1},"title":"Chinese developers shell out US$7.5 billion for 19 lots on offer in Shanghai\u2019s first land auction in 2023, pointing to property market\u2019s recovery","date":"April 22, 2023","format":false,"excerpt":"\r The four-day land sale, which ended on Friday, saw more than 50 property developers engaged in intense bidding that resulted in 15 plots selling higher than their floor price.\r \r Source : South China Morning Post\r Read more...Chinese developers shell out US.5 billion for 19 lots on offer in\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":123217,"position":2},"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":[]},{"id":105997,"url":"https:\/\/www.siamlandbank.com\/propertynews\/property-news\/chinas-land-auction-premiums-rebound-as-credit-taps-reopen-to-developers\/","url_meta":{"origin":123217,"position":3},"title":"China&#039;s land auction premiums rebound as credit taps reopen to developers","date":"April 12, 2019","format":false,"excerpt":"\r Chinese developers have become more aggressive in acquiring land at auction in second-tier cities, emboldened by improved financing and a stronger sales outlook.The average land auction premium over starting bidding prices in 300 major Chinese cities monitored by property consultancy China Index Academy rose to 23.7 per cent in\u2026","rel":"","context":"In &quot;Property News&quot;","img":{"alt_text":"","src":"","width":0,"height":0},"classes":[]},{"id":55805,"url":"https:\/\/www.siamlandbank.com\/propertynews\/property-news\/how-chinas-most-contested-land-auction-drove-developers-into-a-frenzy\/","url_meta":{"origin":123217,"position":4},"title":"How China\u2019s most contested land auction drove developers into a frenzy","date":"May 24, 2017","format":false,"excerpt":"\r Luck mattered more than money for hundreds of property developers who bid on eight plots of land put up for auction by a local government, in a frenzied scene in China\u2019s real estate market. At least 400 developers from across the country jammed into a grand theatre in Jiaxing,\u2026","rel":"","context":"In &quot;Property News&quot;","img":{"alt_text":"","src":"","width":0,"height":0},"classes":[]},{"id":55343,"url":"https:\/\/www.siamlandbank.com\/propertynews\/property-news\/chinese-developers-submit-another-record-bid-for-land-this-time-in-singapore\/","url_meta":{"origin":123217,"position":5},"title":"Chinese developers submit another record bid for land, this time in Singapore","date":"May 19, 2017","format":false,"excerpt":"\r A residential plot in Singapore may fetch a record price for a government land sale, with a Chinese consortium putting in the highest bid at S$1 billion (US$718 million). Logan Property (Singapore) Co. and Nanshan Group Singapore Co. put in the highest bid in the Stirling Road land auction\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\/123217"}],"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=123217"}],"version-history":[{"count":0,"href":"https:\/\/www.siamlandbank.com\/propertynews\/wp-json\/wp\/v2\/posts\/123217\/revisions"}],"wp:attachment":[{"href":"https:\/\/www.siamlandbank.com\/propertynews\/wp-json\/wp\/v2\/media?parent=123217"}],"wp:term":[{"taxonomy":"category","embeddable":true,"href":"https:\/\/www.siamlandbank.com\/propertynews\/wp-json\/wp\/v2\/categories?post=123217"},{"taxonomy":"post_tag","embeddable":true,"href":"https:\/\/www.siamlandbank.com\/propertynews\/wp-json\/wp\/v2\/tags?post=123217"}],"curies":[{"name":"wp","href":"https:\/\/api.w.org\/{rel}","templated":true}]}}