{"id":137093,"date":"2023-05-22T18:04:04","date_gmt":"2023-05-22T11:04:04","guid":{"rendered":"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\/"},"modified":"2023-05-22T18:15:41","modified_gmt":"2023-05-22T11:15:41","slug":"has-china-changed-tune-on-big-discounts-on-new-homes-after-local-authorities-no-longer-view-lower-market-led-prices-as-bad-behaviour","status":"publish","type":"post","link":"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\/","title":{"rendered":"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?"},"content":{"rendered":"


\nDiscounts 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.
\n
\nSource : South China Morning Post
\nRead more…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?<\/a><\/p>\n","protected":false},"excerpt":{"rendered":"

Discounts of as much as 28 per cent at a project located an hour\u2019s drive...<\/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-137093","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-zFb","jetpack-related-posts":[{"id":136564,"url":"https:\/\/www.siamlandbank.com\/propertynews\/property-news\/chinese-regulators-scold-developers-for-bad-behaviour-fearing-massive-price-cuts-could-lead-to-social-instability\/","url_meta":{"origin":137093,"position":0},"title":"Chinese regulators scold developers for \u2018bad behaviour\u2019, fearing massive price cuts could lead to social instability","date":"May 9, 2023","format":false,"excerpt":"\r One 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.\r \r Source : South China Morning Post\r\u2026","rel":"","context":"In "Property News"","img":{"alt_text":"","src":"","width":0,"height":0},"classes":[]},{"id":140869,"url":"https:\/\/www.siamlandbank.com\/propertynews\/property-news\/china-property-ordinary-buyers-eye-foreclosed-homes-at-heavy-discounts-as-investors-retreat-from-market\/","url_meta":{"origin":137093,"position":1},"title":"China property: ordinary buyers eye foreclosed homes at heavy discounts as investors retreat from market","date":"December 31, 2023","format":false,"excerpt":"\r A growing number of ordinary homebuyers looking to occupy their house rather than invest are looking at properties that have been repossessed by banks as a supply surge brings prices even lower.\r \r Source : South China Morning Post\r Read more...China property: ordinary buyers eye foreclosed homes at heavy\u2026","rel":"","context":"In "Property News"","img":{"alt_text":"","src":"","width":0,"height":0},"classes":[]},{"id":134318,"url":"https:\/\/www.siamlandbank.com\/propertynews\/property-news\/local-chinese-authorities-try-unusual-tactics-from-group-buying-discounts-to-priority-in-state-jobs-to-spur-home-sales\/","url_meta":{"origin":137093,"position":2},"title":"Local Chinese authorities try unusual tactics, from group-buying discounts to priority in state jobs, to spur home sales","date":"January 31, 2023","format":false,"excerpt":"\r Many initiatives by local Chinese governments to boost home sales like group buying in Guizhou and prioritising jobs for new graduates buying homes in Guangxi have found no success.\r \r Source : South China Morning Post\r Read more...Local Chinese authorities try unusual tactics, from group-buying discounts to priority in\u2026","rel":"","context":"In "Property News"","img":{"alt_text":"","src":"","width":0,"height":0},"classes":[]},{"id":120968,"url":"https:\/\/www.siamlandbank.com\/propertynews\/property-news\/new-territories-homes-lose-their-discounts-to-kowloon-as-hong-kongs-longest-subway-line-closes-distances-and-narrows-price-gaps\/","url_meta":{"origin":137093,"position":3},"title":"New Territories homes lose their discounts to Kowloon as Hong Kong\u2019s longest subway line closes distances and narrows price gaps","date":"July 21, 2021","format":false,"excerpt":"\r Hong Kong\u2019s New Territories, the area south of the city\u2019s border with China, is no longer as inaccessible as in decades past, as new transport links closed the distance with Kowloon and the rest of the city.The price gap between such New Territories districts like Sha Tin, and areas\u2026","rel":"","context":"In "Property News"","img":{"alt_text":"","src":"","width":0,"height":0},"classes":[]},{"id":138264,"url":"https:\/\/www.siamlandbank.com\/propertynews\/property-news\/shanghai-luxury-home-prices-under-pressure-as-affluent-worry-about-economy-with-some-buyers-asking-for-discounts-of-15-pc\/","url_meta":{"origin":137093,"position":4},"title":"Shanghai luxury home prices under pressure as affluent worry about economy, with some buyers asking for discounts of 15 pc","date":"July 10, 2023","format":false,"excerpt":"\r The downward spiral for luxury homes in the commercial and financial hub has added to bearish sentiment in China\u2019s real estate market, with economic worries lingering.\r \r Source : South China Morning Post\r Read more...Shanghai luxury home prices under pressure as affluent worry about economy, with some buyers asking\u2026","rel":"","context":"In "Property News"","img":{"alt_text":"","src":"","width":0,"height":0},"classes":[]},{"id":119736,"url":"https:\/\/www.siamlandbank.com\/propertynews\/property-news\/hong-kongs-haunted-homes-sell-for-steep-discounts-during-downturn-giving-first-time-buyers-a-way-in\/","url_meta":{"origin":137093,"position":5},"title":"Hong Kong\u2019s \u2018haunted homes\u2019 sell for steep discounts during downturn, giving first-time buyers a way in","date":"January 12, 2021","format":false,"excerpt":"\r Even in a slump, Hong Kong\u2019s famously lofty property prices can be enough to send a shudder down the spine. But if that doesn\u2019t do it, how about the thought of sharing a flat with a ghost?Homes touched by untimely or violent death more often than not come with\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\/137093"}],"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=137093"}],"version-history":[{"count":0,"href":"https:\/\/www.siamlandbank.com\/propertynews\/wp-json\/wp\/v2\/posts\/137093\/revisions"}],"wp:attachment":[{"href":"https:\/\/www.siamlandbank.com\/propertynews\/wp-json\/wp\/v2\/media?parent=137093"}],"wp:term":[{"taxonomy":"category","embeddable":true,"href":"https:\/\/www.siamlandbank.com\/propertynews\/wp-json\/wp\/v2\/categories?post=137093"},{"taxonomy":"post_tag","embeddable":true,"href":"https:\/\/www.siamlandbank.com\/propertynews\/wp-json\/wp\/v2\/tags?post=137093"}],"curies":[{"name":"wp","href":"https:\/\/api.w.org\/{rel}","templated":true}]}}