{"id":131710,"date":"2022-11-20T16:58:11","date_gmt":"2022-11-20T09:58:11","guid":{"rendered":"https:\/\/www.siamlandbank.com\/propertynews\/property-news\/shanghais-housing-market-slump-to-worsen-as-wealthy-owners-cash-out-and-leave-mainland-china-on-fears-of-worsening-economy\/"},"modified":"2022-11-20T17:00:35","modified_gmt":"2022-11-20T10:00:35","slug":"shanghais-housing-market-slump-to-worsen-as-wealthy-owners-cash-out-and-leave-mainland-china-on-fears-of-worsening-economy","status":"publish","type":"post","link":"https:\/\/www.siamlandbank.com\/propertynews\/property-news\/shanghais-housing-market-slump-to-worsen-as-wealthy-owners-cash-out-and-leave-mainland-china-on-fears-of-worsening-economy\/","title":{"rendered":"Shanghai\u2019s housing market slump to worsen as wealthy owners cash out and leave mainland China on fears of worsening economy"},"content":{"rendered":"<p>&#013;<br \/>\nThe downward spiral is set to continue in Shanghai\u2019s residential property market as a growing number of wealthy owners plan to cash out from their properties and leave mainland China.&#013;<br \/>\n&#013;<br \/>\nSource : South China Morning Post&#013;<br \/>\nRead more&#8230;<a href=\"https:\/\/www.scmp.com\/business\/china-business\/article\/3200303\/shanghais-housing-market-slump-worsen-wealthy-owners-cash-out-and-leave-mainland-china-fears?utm_source=rss_feed\" target=\"_blank\" rel=\"noopener\">Shanghai\u2019s housing market slump to worsen as wealthy owners cash out and leave mainland China on fears of worsening economy<\/a><\/p>\n","protected":false},"excerpt":{"rendered":"<p>&#013; The downward spiral is set to continue in Shanghai\u2019s residential property market as a growing&#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-131710","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-ygm","jetpack-related-posts":[{"id":157520,"url":"https:\/\/www.siamlandbank.com\/propertynews\/property-news\/shanghais-west-bund-defies-property-slump-as-it-attracts-mncs-like-bmw-adidas\/","url_meta":{"origin":131710,"position":0},"title":"Shanghai\u2019s West Bund defies property slump as it attracts MNCs like BMW, Adidas","date":"July 14, 2025","format":false,"excerpt":"\r Shanghai\u2019s West Bund, an 11km-long waterfront area in mainland China\u2019s financial capital, has bucked the property downtrend plaguing the sector, as companies and retail brands flock to office buildings and malls in the zone. The vibrant area, located on the west bank of the Huangpu River in the southwestern\u2026","rel":"","context":"In &quot;Property News&quot;","img":{"alt_text":"","src":"","width":0,"height":0},"classes":[]},{"id":169033,"url":"https:\/\/www.siamlandbank.com\/propertynews\/property-news\/furniture-retailer-ikea-to-close-7-stores-in-china-amid-property-market-slump\/","url_meta":{"origin":131710,"position":1},"title":"Furniture retailer Ikea to close 7 stores in China amid property market slump","date":"January 7, 2026","format":false,"excerpt":"\r Ikea will close seven stores in mainland China, as the multinational furniture retailer grapples with the country\u2019s weak property market and sluggish consumer spending, which have dampened demand for its goods. Following a comprehensive review, Ikea China said the seven stores would cease operations from February 2. These are\u2026","rel":"","context":"In &quot;Property News&quot;","img":{"alt_text":"","src":"","width":0,"height":0},"classes":[]},{"id":63140,"url":"https:\/\/www.siamlandbank.com\/propertynews\/property-news\/shanghais-price-controls-on-new-homes-the-toughest-in-china-says-jinmao-chief\/","url_meta":{"origin":131710,"position":2},"title":"Shanghai\u2019s price controls on new homes the toughest in China, says Jinmao chief","date":"August 8, 2017","format":false,"excerpt":"\r Shanghai\u2019s price controls over new homes are the toughest among all mainland Chinese cities, according to state-owned property developer China Jinmao Holdings. Government price guidance on newly launched flats is the latest measure undertaken by a number of major Chinese cities to rein in skyrocketing home prices. Builders that\u2026","rel":"","context":"In &quot;Property News&quot;","img":{"alt_text":"","src":"","width":0,"height":0},"classes":[]},{"id":168656,"url":"https:\/\/www.siamlandbank.com\/propertynews\/property-news\/small-restaurants-in-china-starve-as-consumers-suppress-appetite-for-spending\/","url_meta":{"origin":131710,"position":3},"title":"Small restaurants in China starve as consumers suppress appetite for spending","date":"January 1, 2026","format":false,"excerpt":"\r Small restaurants across mainland China have taken a beating as budget-conscious consumers refrain from dining out because of prevailing pessimism about their income amid a shaky economy. Some establishments are already at a make-or-break point after posting losses for several straight months. \u201cMy family used to live on the\u2026","rel":"","context":"In &quot;Property News&quot;","img":{"alt_text":"","src":"","width":0,"height":0},"classes":[]},{"id":146739,"url":"https:\/\/www.siamlandbank.com\/propertynews\/property-news\/shanghais-wealthy-residents-upgrade-to-premium-homes-ignoring-property-market-upheaval\/","url_meta":{"origin":131710,"position":4},"title":"Shanghai\u2019s wealthy residents upgrade to premium homes, ignoring property market upheaval","date":"August 11, 2024","format":false,"excerpt":"\r Shanghai\u2019s rich set expect prices of luxury homes in the city will continue to rise because of limited supply and the growth potential of the mainland\u2019s financial hub.\r \r Source : South China Morning Post\r Read more...Shanghai\u2019s wealthy residents upgrade to premium homes, ignoring property market upheaval","rel":"","context":"In &quot;Property News&quot;","img":{"alt_text":"","src":"","width":0,"height":0},"classes":[]},{"id":127579,"url":"https:\/\/www.siamlandbank.com\/propertynews\/property-news\/shanghais-home-rental-market-suffers-as-owners-struggle-to-replace-tenants-who-fled-town-and-displaced-workers-during-lockdown-crisis\/","url_meta":{"origin":131710,"position":5},"title":"Shanghai\u2019s home rental market suffers as owners struggle to replace tenants who fled town and displaced workers during lockdown crisis","date":"July 6, 2022","format":false,"excerpt":"\r Rents in Shanghai\u2019s housing market weakened in June even after the end of lockdown. It will take time to replace the professionals who skipped town and workers who lost their jobs during the crisis.\r \r Source : South China Morning Post\r Read more...Shanghai\u2019s home rental market suffers as owners\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\/131710"}],"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=131710"}],"version-history":[{"count":0,"href":"https:\/\/www.siamlandbank.com\/propertynews\/wp-json\/wp\/v2\/posts\/131710\/revisions"}],"wp:attachment":[{"href":"https:\/\/www.siamlandbank.com\/propertynews\/wp-json\/wp\/v2\/media?parent=131710"}],"wp:term":[{"taxonomy":"category","embeddable":true,"href":"https:\/\/www.siamlandbank.com\/propertynews\/wp-json\/wp\/v2\/categories?post=131710"},{"taxonomy":"post_tag","embeddable":true,"href":"https:\/\/www.siamlandbank.com\/propertynews\/wp-json\/wp\/v2\/tags?post=131710"}],"curies":[{"name":"wp","href":"https:\/\/api.w.org\/{rel}","templated":true}]}}