{"id":136564,"date":"2023-05-09T14:39:01","date_gmt":"2023-05-09T07:39:01","guid":{"rendered":"https:\/\/www.siamlandbank.com\/propertynews\/property-news\/chinese-regulators-scold-developers-for-bad-behaviour-fearing-massive-price-cuts-could-lead-to-social-instability\/"},"modified":"2023-05-09T14:51:39","modified_gmt":"2023-05-09T07:51:39","slug":"chinese-regulators-scold-developers-for-bad-behaviour-fearing-massive-price-cuts-could-lead-to-social-instability","status":"publish","type":"post","link":"https:\/\/www.siamlandbank.com\/propertynews\/property-news\/chinese-regulators-scold-developers-for-bad-behaviour-fearing-massive-price-cuts-could-lead-to-social-instability\/","title":{"rendered":"Chinese regulators scold developers for \u2018bad behaviour\u2019, fearing massive price cuts could lead to social instability"},"content":{"rendered":"


\nOne developer in Kunshan was offering discounts of over 25 per cent on new homes, while another was giving away free parking spaces, in a bid to boost home sales that had slumped by 14 per cent month on month in April.
\n
\nSource : South China Morning Post
\nRead more…Chinese regulators scold developers for \u2018bad behaviour\u2019, fearing massive price cuts could lead to social instability<\/a><\/p>\n","protected":false},"excerpt":{"rendered":"

One developer in Kunshan was offering discounts of over 25 per cent on new homes,...<\/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-136564","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-zwE","jetpack-related-posts":[{"id":99484,"url":"https:\/\/www.siamlandbank.com\/propertynews\/property-news\/chinese-developers-set-for-disappointing-october-as-cash-discounts-fail-to-spur-golden-week-sales\/","url_meta":{"origin":136564,"position":0},"title":"Chinese developers set for disappointing October as cash discounts fail to spur Golden Week sales","date":"October 10, 2018","format":false,"excerpt":"\r The seven-day Golden Week holiday used to be a busy time for developers, but not this time. Analysts expect the weakest October in recent memory and see developers offering more price cuts after sales in 31 cities, monitored by property consultancy CRIC, fell 27 per cent year on year.\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":136564,"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":137093,"url":"https:\/\/www.siamlandbank.com\/propertynews\/property-news\/has-china-changed-tune-on-big-discounts-on-new-homes-after-local-authorities-no-longer-view-lower-market-led-prices-as-bad-behaviour\/","url_meta":{"origin":136564,"position":2},"title":"Has China changed tune on big discounts on new homes, after local authorities no longer view lower \u2018market-led\u2019 prices as \u2018bad behaviour\u2019?","date":"May 22, 2023","format":false,"excerpt":"\r Discounts of as much as 28 per cent at a project located an hour\u2019s drive from the city centre of Shenzhen are described by local housing authority staff as market-led behaviour, according to Chinese media.\r \r Source : South China Morning Post\r Read more...Has China changed tune on big\u2026","rel":"","context":"In "Property News"","img":{"alt_text":"","src":"","width":0,"height":0},"classes":[]},{"id":131860,"url":"https:\/\/www.siamlandbank.com\/propertynews\/property-news\/chinese-developers-line-up-to-tap-equity-financing-after-regulators-lift-ban-on-share-sales\/","url_meta":{"origin":136564,"position":3},"title":"Chinese developers line up to tap equity financing after regulators lift ban on share sales","date":"November 30, 2022","format":false,"excerpt":"\r At least four developers are rushing to raise funds in what is likely to be the first wave of stock placements, after Chinese regulators lifted a six-year ban on equity financing to rescue the industry.\r \r Source : South China Morning Post\r Read more...Chinese developers line up to tap\u2026","rel":"","context":"In "Property News"","img":{"alt_text":"","src":"","width":0,"height":0},"classes":[]},{"id":110248,"url":"https:\/\/www.siamlandbank.com\/propertynews\/property-news\/mainland-chinese-developer-jiayuan-says-hong-kong-micro-flats-profitable-despite-price-cuts-reports-23-per-cent-rise-in-interim-profit\/","url_meta":{"origin":136564,"position":4},"title":"Mainland Chinese developer Jiayuan says Hong Kong micro flats profitable despite price cuts, reports 23 per cent rise in interim profit","date":"August 27, 2019","format":false,"excerpt":"\r The mainland Chinese property developer behind Hong Kong\u2019s smallest micro flats ever \u2013 smaller than a car park at 128 sq ft \u2013 said the development was profitable even after it cut prices by as much as 38 per cent to as low as HK$1.73 million (US$220,514) per unit\u2026","rel":"","context":"In "Property News"","img":{"alt_text":"","src":"","width":0,"height":0},"classes":[]},{"id":118435,"url":"https:\/\/www.siamlandbank.com\/propertynews\/property-news\/chinese-developers-face-potential-price-war-in-second-half-amid-glut-as-state-issues-red-lines-in-deleveraging-campaign\/","url_meta":{"origin":136564,"position":5},"title":"Chinese developers face potential price war in second half amid glut as state issues \u2018red lines\u2019 in deleveraging campaign","date":"September 2, 2020","format":false,"excerpt":"\r China\u2019s biggest developers are likely to step up price discounting this year to clear a growing pile of unsold homes, with authorities sounding another alarm in their deleveraging campaign to pre-empt any financial shock to the economy.Completed but unsold homes amounted to 480 million square metres (5.16 billion square\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\/136564"}],"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=136564"}],"version-history":[{"count":0,"href":"https:\/\/www.siamlandbank.com\/propertynews\/wp-json\/wp\/v2\/posts\/136564\/revisions"}],"wp:attachment":[{"href":"https:\/\/www.siamlandbank.com\/propertynews\/wp-json\/wp\/v2\/media?parent=136564"}],"wp:term":[{"taxonomy":"category","embeddable":true,"href":"https:\/\/www.siamlandbank.com\/propertynews\/wp-json\/wp\/v2\/categories?post=136564"},{"taxonomy":"post_tag","embeddable":true,"href":"https:\/\/www.siamlandbank.com\/propertynews\/wp-json\/wp\/v2\/tags?post=136564"}],"curies":[{"name":"wp","href":"https:\/\/api.w.org\/{rel}","templated":true}]}}