{"id":124505,"date":"2022-02-08T16:00:20","date_gmt":"2022-02-08T09:00:20","guid":{"rendered":"https:\/\/www.siamlandbank.com\/propertynews\/property-news\/china-housing-market-no-respite-for-fantasia-modern-land-and-sunac-as-they-lead-sales-declines-in-january\/"},"modified":"2022-02-08T17:03:17","modified_gmt":"2022-02-08T10:03:17","slug":"china-housing-market-no-respite-for-fantasia-modern-land-and-sunac-as-they-lead-sales-declines-in-january","status":"publish","type":"post","link":"https:\/\/www.siamlandbank.com\/propertynews\/property-news\/china-housing-market-no-respite-for-fantasia-modern-land-and-sunac-as-they-lead-sales-declines-in-january\/","title":{"rendered":"China housing market: no respite for Fantasia, Modern Land and Sunac as they lead sales declines in January"},"content":{"rendered":"


\nChina\u2019s biggest property developers are still struggling to sell homes, as a resurgent Covid-19 pandemic combined with a slowing economy to deter big-ticket investments, offering little respite to the most leveraged among them.The collective sales value of China\u2019s top 100 developers fell 41 per cent in January from last year to 526.6 billion yuan (US$82.7 billion), widening the slump from the 38 per cent contraction in December, according to the China Real Estate Information Corporation, which\u2026
\n
\nSource : South China Morning Post
\nRead more…China housing market: no respite for Fantasia, Modern Land and Sunac as they lead sales declines in January<\/a><\/p>\n","protected":false},"excerpt":{"rendered":"

China\u2019s biggest property developers are still struggling to sell homes, as a resurgent Covid-19 pandemic...<\/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-124505","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-wo9","jetpack-related-posts":[{"id":160011,"url":"https:\/\/www.siamlandbank.com\/propertynews\/property-news\/cr-land-sunac-post-better-interim-results-in-signs-of-property-recovery\/","url_meta":{"origin":124505,"position":0},"title":"CR Land, Sunac post better interim results in signs of property recovery","date":"August 27, 2025","format":false,"excerpt":"\r China\u2019s embattled property market is showing signs of a tentative recovery, as some developers posted stronger earnings and reduced losses, supported by government stimulus measures and recovering consumption. China Resources Land\u2019s first-half net profit increased by 16.2 per cent from last year to 11.9 billion yuan (US$1.66 billion), according\u2026","rel":"","context":"In "Property News"","img":{"alt_text":"","src":"","width":0,"height":0},"classes":[]},{"id":115202,"url":"https:\/\/www.siamlandbank.com\/propertynews\/property-news\/developers-country-garden-sunac-china-warn-construction-sales-may-be-disrupted-as-covid-19-subdues-business-activity\/","url_meta":{"origin":124505,"position":1},"title":"Developers Country Garden, Sunac China warn construction, sales may be disrupted as Covid-19 subdues business activity","date":"March 27, 2020","format":false,"excerpt":"\r Two of China\u2019s biggest property developers have warned that their sales and construction schedules are likely to be disrupted by a downturn in demand caused by the Covid-19 outbreak.Country Garden Holdings, the largest seller of homes in China, said its building and sales progress may be exposed to short-term\u2026","rel":"","context":"In "Property News"","img":{"alt_text":"","src":"","width":0,"height":0},"classes":[]},{"id":65098,"url":"https:\/\/www.siamlandbank.com\/propertynews\/property-news\/sunac-chinas-first-half-profit-shoots-up-1683-per-cent-on-acquisitions\/","url_meta":{"origin":124505,"position":2},"title":"Sunac China\u2019s first-half profit shoots up 1,683 per cent on acquisitions","date":"August 31, 2017","format":false,"excerpt":"\r Sunac China, one of the country\u2019s biggest property developers, saw its first-half net profit surge by 1,683.4 per cent to 1.3 billion yuan, boosted by its aggressive acquisition of property projects and higher gross margin. Revenue rose 25.9 per cent to 13.3 billion yuan and Sunac\u2019s gross profit margin\u2026","rel":"","context":"In "Property News"","img":{"alt_text":"","src":"","width":0,"height":0},"classes":[]},{"id":122237,"url":"https:\/\/www.siamlandbank.com\/propertynews\/property-news\/sunac-chinas-unit-in-shaoxing-faces-liquidity-pressure-as-government-cooling-measure-stops-it-collecting-sales-revenues\/","url_meta":{"origin":124505,"position":3},"title":"Sunac China\u2019s unit in Shaoxing faces liquidity pressure as government cooling measure stops it collecting sales revenues","date":"September 27, 2021","format":false,"excerpt":"\r A local subsidiary of Sunac China Holdings, one of China\u2019s most heavily indebted property developers, has come under liquidity pressure, as it was prevented from collecting sales revenues by the government\u2019s market-cooling measures.Sunac\u2019s unit in the Zhejiang provincial city of Shaoxing has had to wait for local authorities to\u2026","rel":"","context":"In "Property News"","img":{"alt_text":"","src":"","width":0,"height":0},"classes":[]},{"id":105549,"url":"https:\/\/www.siamlandbank.com\/propertynews\/property-news\/beijing-unlikely-to-loosen-property-price-controls-says-sun-hongbin-boss-of-construction-giant-sunac-china\/","url_meta":{"origin":124505,"position":4},"title":"Beijing unlikely to loosen property price controls, says Sun Hongbin, boss of construction giant Sunac China","date":"March 29, 2019","format":false,"excerpt":"\r Sunac China Holdings, mainland China\u2019s fourth largest developer, is not optimistic about the country\u2019s property market.The company expects to generate 550 billion yuan (US$81.8 billion) from home sales this year. Although that would represent a 19 per cent rise, it would be a slower growth rate than last year\u2019s\u2026","rel":"","context":"In "Property News"","img":{"alt_text":"","src":"","width":0,"height":0},"classes":[]},{"id":49903,"url":"https:\/\/www.siamlandbank.com\/propertynews\/property-news\/sunac-says-chinas-price-control-policies-are-the-toughest-ever\/","url_meta":{"origin":124505,"position":5},"title":"Sunac says China\u2019s price control policies are the \u2018toughest ever\u2019","date":"March 28, 2017","format":false,"excerpt":"\r Sunac China Holdings, with its first profit decline since 2010, said the country\u2019s home developers face unprecedented challenges from a government push to cap prices, underscoring its push to diversify its business with its January investment in LeEco. \u201cThis round of policy control has a particularly far-reaching effect 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\/124505"}],"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=124505"}],"version-history":[{"count":0,"href":"https:\/\/www.siamlandbank.com\/propertynews\/wp-json\/wp\/v2\/posts\/124505\/revisions"}],"wp:attachment":[{"href":"https:\/\/www.siamlandbank.com\/propertynews\/wp-json\/wp\/v2\/media?parent=124505"}],"wp:term":[{"taxonomy":"category","embeddable":true,"href":"https:\/\/www.siamlandbank.com\/propertynews\/wp-json\/wp\/v2\/categories?post=124505"},{"taxonomy":"post_tag","embeddable":true,"href":"https:\/\/www.siamlandbank.com\/propertynews\/wp-json\/wp\/v2\/tags?post=124505"}],"curies":[{"name":"wp","href":"https:\/\/api.w.org\/{rel}","templated":true}]}}