{"id":124088,"date":"2022-01-04T16:37:17","date_gmt":"2022-01-04T09:37:17","guid":{"rendered":"https:\/\/www.siamlandbank.com\/propertynews\/property-news\/why-ocean-flower-island-dubbed-dubai-of-china-is-important-to-china-evergrande-group-and-hainan-province\/"},"modified":"2022-01-04T17:03:59","modified_gmt":"2022-01-04T10:03:59","slug":"why-ocean-flower-island-dubbed-dubai-of-china-is-important-to-china-evergrande-group-and-hainan-province","status":"publish","type":"post","link":"https:\/\/www.siamlandbank.com\/propertynews\/property-news\/why-ocean-flower-island-dubbed-dubai-of-china-is-important-to-china-evergrande-group-and-hainan-province\/","title":{"rendered":"Why Ocean Flower Island \u2013 dubbed \u2018Dubai of China\u2019 \u2013 is important to China Evergrande Group and Hainan province"},"content":{"rendered":"<p>&#013;<br \/>\nChina Evergrande Group, the world\u2019s most indebted developer, was last week ordered to demolish 39 buildings on Ocean Flower Island, a project comprising three man-made islands developed by the company in China\u2019s southern Hainan province, within 10 days.The order, issued by the Danzhou Municipal People\u2019s Government on December 30, states that an illegally obtained permit for the buildings had been revoked and that the buildings now needed to be dismantled, according to media reports.Here is what\u2026&#013;<br \/>\n&#013;<br \/>\nSource : South China Morning Post&#013;<br \/>\nRead more&#8230;<a href=\"https:\/\/www.scmp.com\/business\/article\/3162082\/why-ocean-flower-island-dubbed-dubai-china-important-china-evergrande?utm_source=rss_feed\" target=\"_blank\" rel=\"noopener\">Why Ocean Flower Island \u2013 dubbed \u2018Dubai of China\u2019 \u2013 is important to China Evergrande Group and Hainan province<\/a><\/p>\n","protected":false},"excerpt":{"rendered":"<p>&#013; China Evergrande Group, the world\u2019s most indebted developer, was last week ordered to demolish 39&#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-124088","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-whq","jetpack-related-posts":[{"id":124084,"url":"https:\/\/www.siamlandbank.com\/propertynews\/property-news\/evergrande-says-it-will-abide-by-orders-to-tear-down-39-structures-on-its-flagship-property-project-in-chinas-hawaii\/","url_meta":{"origin":124088,"position":0},"title":"Evergrande says it will abide by orders to tear down 39 structures on its flagship property project in \u2018China\u2019s Hawaii\u2019","date":"January 4, 2022","format":false,"excerpt":"\r China Evergrande Group said it would abide by a government instruction to demolish more than three dozen structures on one of its flagship property projects in Hainan for breaching building approval procedures, as the woes pile up for the country\u2019s most indebted developer.The Shenzhen-based developer will tear down 39\u2026","rel":"","context":"In &quot;Property News&quot;","img":{"alt_text":"","src":"","width":0,"height":0},"classes":[]},{"id":124070,"url":"https:\/\/www.siamlandbank.com\/propertynews\/property-news\/evergrande-creditors-have-more-cause-for-concern-amid-reports-some-of-its-hainan-developments-need-to-be-demolished\/","url_meta":{"origin":124088,"position":1},"title":"Evergrande creditors have more cause for concern amid reports some of its Hainan developments need to be demolished","date":"January 3, 2022","format":false,"excerpt":"\r Creditors of indebted China Evergrande Group have more cause for concern after local media reported that the giant developer has been ordered to tear down some blocks at one of its mega projects in Hainan Province.Chinese media reported that Evergrande, once China\u2019s largest developer by sales but which is\u2026","rel":"","context":"In &quot;Property News&quot;","img":{"alt_text":"","src":"","width":0,"height":0},"classes":[]},{"id":97024,"url":"https:\/\/www.siamlandbank.com\/propertynews\/property-news\/sunac-china-has-high-hopes-for-holiday-island-hainan-where-it-bought-projects-from-troubled-hna\/","url_meta":{"origin":124088,"position":2},"title":"Sunac China has high hopes for holiday island Hainan, where it bought projects from troubled HNA","date":"August 31, 2018","format":false,"excerpt":"\r Sun Hongbin, chairman of Sunac China Holdings, has high hopes for development in Hainan province where the company has bought a slew of projects from the financially strained HNA Group on the island set to be turned into a free-trade port. \u201cUnlike other countries, the US for example, where\u2026","rel":"","context":"In &quot;Property News&quot;","img":{"alt_text":"","src":"","width":0,"height":0},"classes":[]},{"id":103428,"url":"https:\/\/www.siamlandbank.com\/propertynews\/property-news\/hainan-reassigns-20-7-million-square-metres-of-residential-land-for-industrial-use-to-fit-xis-vision-for-province\/","url_meta":{"origin":124088,"position":3},"title":"Hainan reassigns 20.7 million square metres of residential land for industrial use to fit Xi\u2019s vision for province","date":"January 29, 2019","format":false,"excerpt":"\r The island of Hainan in southern China will reassign for industrial use huge swathes of land previously earmarked for residential development, in a move designed to end its reliance on property development as it builds the country\u2019s largest free-trade zone. Ding Shijiang, head of the province\u2019s natural resources and\u2026","rel":"","context":"In &quot;Property News&quot;","img":{"alt_text":"","src":"","width":0,"height":0},"classes":[]},{"id":48176,"url":"https:\/\/www.siamlandbank.com\/propertynews\/property-news\/hong-kong-homebuilder-agiles-focus-on-tropical-hainan-bearing-fruit\/","url_meta":{"origin":124088,"position":4},"title":"Hong Kong homebuilder Agile\u2019s focus on tropical Hainan bearing fruit","date":"March 15, 2017","format":false,"excerpt":"\r Home sales are \u201csizzling\u201d in Hainan, according to Hong Kong-listed homebuilder Agile Group Holdings, which says buyers are flocking to the southern Chinese island province to escape clogging pollution in other parts of the country. Agile\u2019s vice-president Sean Lee said the company is banking on significant future opportunities for\u2026","rel":"","context":"In &quot;Property News&quot;","img":{"alt_text":"","src":"","width":0,"height":0},"classes":[]},{"id":96954,"url":"https:\/\/www.siamlandbank.com\/propertynews\/property-news\/apac-realty-expands-into-china-with-hainan-jv\/","url_meta":{"origin":124088,"position":5},"title":"APAC Realty expands into China with Hainan JV","date":"August 30, 2018","format":false,"excerpt":"\r In a bid to penetrate the China market, APAC Realty Limited entered into a joint venture (JV) agreement with two Chinese companies \u2013 Zhong Zhi Sheng He Real Estate Investment Consulting Co and Bei Guo Tou (Shanghai) Equity Investment and Fund Management Co. \u00a0Dubbed ERA Hainan Real Estate Marketing\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\/124088"}],"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=124088"}],"version-history":[{"count":0,"href":"https:\/\/www.siamlandbank.com\/propertynews\/wp-json\/wp\/v2\/posts\/124088\/revisions"}],"wp:attachment":[{"href":"https:\/\/www.siamlandbank.com\/propertynews\/wp-json\/wp\/v2\/media?parent=124088"}],"wp:term":[{"taxonomy":"category","embeddable":true,"href":"https:\/\/www.siamlandbank.com\/propertynews\/wp-json\/wp\/v2\/categories?post=124088"},{"taxonomy":"post_tag","embeddable":true,"href":"https:\/\/www.siamlandbank.com\/propertynews\/wp-json\/wp\/v2\/tags?post=124088"}],"curies":[{"name":"wp","href":"https:\/\/api.w.org\/{rel}","templated":true}]}}