{"id":127013,"date":"2022-06-14T06:30:27","date_gmt":"2022-06-13T23:30:27","guid":{"rendered":"https:\/\/www.siamlandbank.com\/propertynews\/property-news\/major-chinese-cities-see-more-land-auctions-being-scrapped-as-broke-developers-hobbled-by-three-red-lines-stay-away\/"},"modified":"2022-06-14T07:38:33","modified_gmt":"2022-06-14T00:38:33","slug":"major-chinese-cities-see-more-land-auctions-being-scrapped-as-broke-developers-hobbled-by-three-red-lines-stay-away","status":"publish","type":"post","link":"https:\/\/www.siamlandbank.com\/propertynews\/property-news\/major-chinese-cities-see-more-land-auctions-being-scrapped-as-broke-developers-hobbled-by-three-red-lines-stay-away\/","title":{"rendered":"Major Chinese cities see more land auctions being scrapped, as broke developers hobbled by \u2018three red lines\u2019 stay away"},"content":{"rendered":"


\nThe proportion of plots of land withdrawn in the first round of auctions held recently in 20 major Chinese cities has increased, with cash-strapped developers reluctant to splash the cash.
\n
\nSource : South China Morning Post
\nRead more…Major Chinese cities see more land auctions being scrapped, as broke developers hobbled by \u2018three red lines\u2019 stay away<\/a><\/p>\n","protected":false},"excerpt":{"rendered":"

The proportion of plots of land withdrawn in the first round of auctions held recently...<\/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-127013","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-x2B","jetpack-related-posts":[{"id":35344,"url":"https:\/\/www.siamlandbank.com\/propertynews\/property-news\/chinas-stricter-rules-for-land-auctions-spell-trouble-for-smaller-developers\/","url_meta":{"origin":127013,"position":0},"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 "Property News"","img":{"alt_text":"","src":"","width":0,"height":0},"classes":[]},{"id":121431,"url":"https:\/\/www.siamlandbank.com\/propertynews\/property-news\/major-chinese-cities-halt-second-round-of-centralised-land-sales-after-first-round-failed-to-curb-developers-appetite-and-tame-prices\/","url_meta":{"origin":127013,"position":1},"title":"Major Chinese cities halt second round of centralised land sales after first round failed to curb developers\u2019 appetite and tame prices","date":"August 13, 2021","format":false,"excerpt":"\r Several major Chinese cities including Shenzhen, Tianjin and Qingdao have called off their second round of centralised land sales as local authorities consider ways to improve the new system designed to cool the housing market.It comes after the first round of auctions under the new regime earlier this year\u2026","rel":"","context":"In "Property News"","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":127013,"position":2},"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 "Property News"","img":{"alt_text":"","src":"","width":0,"height":0},"classes":[]},{"id":81181,"url":"https:\/\/www.siamlandbank.com\/propertynews\/property-news\/chinese-developers-adopt-low-profile-approach-to-land-buys\/","url_meta":{"origin":127013,"position":3},"title":"Chinese developers adopt low profile approach to land buys","date":"February 27, 2018","format":false,"excerpt":"\r Chinese developers are changing the way they acquire land in Hong Kong, shying away from headline-grabbing public land auctions in favour of private sales, amid continuing scrutiny by mainland authorities on overseas property investments. Last year China\u2019s 12 biggest developers generated 2.55 trillion yuan (US$404.63 billion) in revenue from\u2026","rel":"","context":"In "Property News"","img":{"alt_text":"","src":"","width":0,"height":0},"classes":[]},{"id":117310,"url":"https:\/\/www.siamlandbank.com\/propertynews\/property-news\/small-chinese-property-developers-betting-on-revenge-spending-could-go-bankrupt-instead\/","url_meta":{"origin":127013,"position":4},"title":"Small Chinese property developers betting on \u2018revenge spending\u2019 could go bankrupt instead","date":"June 24, 2020","format":false,"excerpt":"\r Shanghai-based Zhenro Properties plans to build up its land bank this year by acquiring plots during distress sales by smaller companies.The top-tier developer believes underperforming smaller property companies will be forced to offload projects in the second half of the year, with some filing for bankruptcy, and will not\u2026","rel":"","context":"In "Property News"","img":{"alt_text":"","src":"","width":0,"height":0},"classes":[]},{"id":95733,"url":"https:\/\/www.siamlandbank.com\/propertynews\/property-news\/appetite-for-residential-plots-in-mainland-china-drops-to-4-year-low-in-wake-of-price-curbs-deleveraging-group-says\/","url_meta":{"origin":127013,"position":5},"title":"Appetite for residential plots in mainland China drops to 4-year low in wake of price curbs, deleveraging, group says","date":"August 9, 2018","format":false,"excerpt":"\r Chinese developers\u2019 appetite for new land has fallen to the lowest level since 2014, following government curbs on runaway home prices and lending, a new report said. China Securities Co. looked at land sale data of 300 Chinese cities in recent years. It found that in the first seven\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\/127013"}],"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=127013"}],"version-history":[{"count":0,"href":"https:\/\/www.siamlandbank.com\/propertynews\/wp-json\/wp\/v2\/posts\/127013\/revisions"}],"wp:attachment":[{"href":"https:\/\/www.siamlandbank.com\/propertynews\/wp-json\/wp\/v2\/media?parent=127013"}],"wp:term":[{"taxonomy":"category","embeddable":true,"href":"https:\/\/www.siamlandbank.com\/propertynews\/wp-json\/wp\/v2\/categories?post=127013"},{"taxonomy":"post_tag","embeddable":true,"href":"https:\/\/www.siamlandbank.com\/propertynews\/wp-json\/wp\/v2\/tags?post=127013"}],"curies":[{"name":"wp","href":"https:\/\/api.w.org\/{rel}","templated":true}]}}