{"id":136043,"date":"2023-04-22T15:09:53","date_gmt":"2023-04-22T08:09:53","guid":{"rendered":"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\/"},"modified":"2023-04-22T15:18:35","modified_gmt":"2023-04-22T08:18:35","slug":"chinese-developers-shell-out-us7-5-billion-for-19-lots-on-offer-in-shanghais-first-land-auction-in-2023-pointing-to-property-markets-recovery","status":"publish","type":"post","link":"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\/","title":{"rendered":"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"},"content":{"rendered":"


\nThe 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.
\n
\nSource : South China Morning Post
\nRead more…Chinese developers shell out US.5 billion for 19 lots on offer in Shanghai\u2019s first land auction in 2023, pointing to property market\u2019s recovery<\/a><\/p>\n","protected":false},"excerpt":{"rendered":"

The four-day land sale, which ended on Friday, saw more than 50 property developers engaged...<\/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-136043","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-zof","jetpack-related-posts":[{"id":20746,"url":"https:\/\/www.siamlandbank.com\/propertynews\/property-news\/chinese-luxury-housing-is-on-the-up\/","url_meta":{"origin":136043,"position":0},"title":"Chinese luxury housing is on the up","date":"July 25, 2016","format":false,"excerpt":"\r Encouraged by a blossoming luxury residential market, developers eye prime tracts of land Shanghai skyline. Image credit: www.kindergeldinfo.de \u2013 Abriga Media (Flickr) If their recent splurges on plum land parcels are anything to go by, mainland China developers are showing more faith than usual in the luxury market. Recently,\u2026","rel":"","context":"In "Property News"","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":136043,"position":1},"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 "Property News"","img":{"alt_text":"","src":"","width":0,"height":0},"classes":[]},{"id":23737,"url":"https:\/\/www.siamlandbank.com\/propertynews\/property-news\/lag-in-supply-ample-liquidity-drive-shanghais-sizzling-land-sales\/","url_meta":{"origin":136043,"position":2},"title":"Lag in supply, ample liquidity drive Shanghai\u2019s sizzling land sales","date":"August 23, 2016","format":false,"excerpt":"\r Record land sales in Shanghai last week were driven by scarcity of land supply, an easy borrowing environment, and the aggressive development strategy of some developers, analysts said.\r \r Source : South China Morning Post\r Read more...Lag in supply, ample liquidity drive Shanghai\u2019s sizzling land sales","rel":"","context":"In "Property News"","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":136043,"position":3},"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 "Property News"","img":{"alt_text":"","src":"","width":0,"height":0},"classes":[]},{"id":123217,"url":"https:\/\/www.siamlandbank.com\/propertynews\/property-news\/chinese-state-developers-step-up-land-auction-activity-to-rescue-local-governments\/","url_meta":{"origin":136043,"position":4},"title":"Chinese state developers step up land auction activity to rescue local governments","date":"November 14, 2021","format":false,"excerpt":"\r Evergrande and other private sector groups have been driven to the edge of bankruptcy\r \r Source : ft.com\r Read more...Chinese state developers step up land auction activity to rescue local governments","rel":"","context":"In "Property News"","img":{"alt_text":"","src":"","width":0,"height":0},"classes":[]},{"id":123753,"url":"https:\/\/www.siamlandbank.com\/propertynews\/property-news\/hong-kong-developers-shop-for-bargains-as-chinas-once-deep-pocketed-asset-buyers-fall-on-hard-times-amid-debt-crackdown\/","url_meta":{"origin":136043,"position":5},"title":"Hong Kong developers shop for bargains as China\u2019s once deep-pocketed asset buyers fall on hard times amid debt crackdown","date":"December 11, 2021","format":false,"excerpt":"\r Lui Che-woo, one of Hong Kong\u2019s wealthiest men with a casino, hotels and apartments under his belt, met his match in late 2016 when his company K Wah International lost a bidding war to a Chinese airline that was on a land grab in the world\u2019s most expensive real\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\/136043"}],"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=136043"}],"version-history":[{"count":0,"href":"https:\/\/www.siamlandbank.com\/propertynews\/wp-json\/wp\/v2\/posts\/136043\/revisions"}],"wp:attachment":[{"href":"https:\/\/www.siamlandbank.com\/propertynews\/wp-json\/wp\/v2\/media?parent=136043"}],"wp:term":[{"taxonomy":"category","embeddable":true,"href":"https:\/\/www.siamlandbank.com\/propertynews\/wp-json\/wp\/v2\/categories?post=136043"},{"taxonomy":"post_tag","embeddable":true,"href":"https:\/\/www.siamlandbank.com\/propertynews\/wp-json\/wp\/v2\/tags?post=136043"}],"curies":[{"name":"wp","href":"https:\/\/api.w.org\/{rel}","templated":true}]}}