{"id":146566,"date":"2024-08-02T12:41:15","date_gmt":"2024-08-02T05:41:15","guid":{"rendered":"https:\/\/www.siamlandbank.com\/propertynews\/property-news\/chinas-land-purchases-shrank-38-in-first-7-months-of-2024-amid-festering-property-slump\/"},"modified":"2024-08-03T22:26:58","modified_gmt":"2024-08-03T15:26:58","slug":"chinas-land-purchases-shrank-38-in-first-7-months-of-2024-amid-festering-property-slump","status":"publish","type":"post","link":"https:\/\/www.siamlandbank.com\/propertynews\/property-news\/chinas-land-purchases-shrank-38-in-first-7-months-of-2024-amid-festering-property-slump\/","title":{"rendered":"China\u2019s land purchases shrank 38% in first 7 months of 2024 amid festering property slump"},"content":{"rendered":"


\nState-owned developers dominate the property market due to easier access to funding, challenging the ability of private developers to catch up in the near future, according to analysts.
\n
\nSource : South China Morning Post
\nRead more…China\u2019s land purchases shrank 38% in first 7 months of 2024 amid festering property slump<\/a><\/p>\n","protected":false},"excerpt":{"rendered":"

State-owned developers dominate the property market due to easier access to funding, challenging the ability...<\/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-146566","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-C7Y","jetpack-related-posts":[{"id":129230,"url":"https:\/\/www.siamlandbank.com\/propertynews\/property-news\/chinas-real-estate-slump-crimps-earnings-at-china-resources-land-china-overseas-land-and-other-developers\/","url_meta":{"origin":146566,"position":0},"title":"China\u2019s real estate slump crimps earnings at China Resources Land, China Overseas Land and other developers","date":"August 31, 2022","format":false,"excerpt":"\r The hit to the bottom line is hitting China\u2019s developers hard, underscoring the long path ahead as they struggle to sell homes, in an economy hobbled by the slowest annual growth pace in a generation, to pay their looming debt.\r \r Source : South China Morning Post\r Read more...China\u2019s\u2026","rel":"","context":"In "Property News"","img":{"alt_text":"","src":"","width":0,"height":0},"classes":[]},{"id":146705,"url":"https:\/\/www.siamlandbank.com\/propertynews\/property-news\/chinas-kaisa-group-flags-us1-2-billion-first-half-loss-amid-home-sales-slump-write-down\/","url_meta":{"origin":146566,"position":1},"title":"China\u2019s Kaisa Group flags US$1.2 billion first-half loss amid home sales slump, write-down","date":"August 22, 2024","format":false,"excerpt":"\r The developer\u2019s weak report card is likely to resemble those of most mainland Chinese developers, which are expected to extend a losing streak dating to 2020.\r \r Source : South China Morning Post\r Read more...China\u2019s Kaisa Group flags US.2 billion first-half loss amid home sales slump, write-down","rel":"","context":"In "Property News"","img":{"alt_text":"","src":"","width":0,"height":0},"classes":[]},{"id":124517,"url":"https:\/\/www.siamlandbank.com\/propertynews\/property-news\/investors-shun-chinese-developers-as-bond-sales-slump-70-per-cent-with-market-frozen-for-many-junk-rated-borrowers-amid-defaults\/","url_meta":{"origin":146566,"position":2},"title":"Investors shun Chinese developers as bond sales slump 70 per cent with market frozen for many junk-rated borrowers amid defaults","date":"February 9, 2022","format":false,"excerpt":"\r Investors seem to have lost their appetite for bonds issued by Chinese developers while rising defaults by an increasing number of cash-strapped companies have pushed the cost of funding for the sector to more than a decade high.Chinese real estate companies issued 48.1 billion yuan (US$7.6 billion) worth of\u2026","rel":"","context":"In "Property News"","img":{"alt_text":"","src":"","width":0,"height":0},"classes":[]},{"id":98551,"url":"https:\/\/www.siamlandbank.com\/propertynews\/property-news\/chinas-debt-laden-developers-offer-discounts-and-giveaways-to-sell-more-flats-to-boost-cash-flow\/","url_meta":{"origin":146566,"position":3},"title":"China\u2019s debt-laden developers offer discounts and giveaways to sell more flats to boost cash flow","date":"September 26, 2018","format":false,"excerpt":"\r China\u2019s property developers are aggressively ramping up marketing efforts to sell more flats to boost cash flow as buyers in the biggest mainland cities are in no hurry to make purchases in the current market slump. Developers in first-tier Chinese cities have adopted numerous marketing tactics to capitalise on\u2026","rel":"","context":"In "Property News"","img":{"alt_text":"","src":"","width":0,"height":0},"classes":[]},{"id":124505,"url":"https:\/\/www.siamlandbank.com\/propertynews\/property-news\/china-housing-market-no-respite-for-fantasia-modern-land-and-sunac-as-they-lead-sales-declines-in-january\/","url_meta":{"origin":146566,"position":4},"title":"China housing market: no respite for Fantasia, Modern Land and Sunac as they lead sales declines in January","date":"February 8, 2022","format":false,"excerpt":"\r China\u2019s biggest property developers are still struggling to sell homes, as a resurgent Covid-19 pandemic combined with a slowing economy to deter big-ticket investments, offering little respite to the most leveraged among them.The collective sales value of China\u2019s top 100 developers fell 41 per cent in January from last\u2026","rel":"","context":"In "Property News"","img":{"alt_text":"","src":"","width":0,"height":0},"classes":[]},{"id":125764,"url":"https:\/\/www.siamlandbank.com\/propertynews\/property-news\/chinese-property-firms-bond-issuances-fell-sharply-in-first-quarter-beikes-research-unit-says\/","url_meta":{"origin":146566,"position":5},"title":"Chinese property firms\u2019 bond issuances fell sharply in first quarter, Beike\u2019s research unit says","date":"April 8, 2022","format":false,"excerpt":"\r Bond issuances by Chinese property developers shrank sharply in the first quarter of 2022. Major developers issued offshore bonds worth only 35.5 billion yuan (US$5.6 billion) in the first three months of the year, which translates into a year-on-year decline of 68 per cent, said BRI, the research arm\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\/146566"}],"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=146566"}],"version-history":[{"count":0,"href":"https:\/\/www.siamlandbank.com\/propertynews\/wp-json\/wp\/v2\/posts\/146566\/revisions"}],"wp:attachment":[{"href":"https:\/\/www.siamlandbank.com\/propertynews\/wp-json\/wp\/v2\/media?parent=146566"}],"wp:term":[{"taxonomy":"category","embeddable":true,"href":"https:\/\/www.siamlandbank.com\/propertynews\/wp-json\/wp\/v2\/categories?post=146566"},{"taxonomy":"post_tag","embeddable":true,"href":"https:\/\/www.siamlandbank.com\/propertynews\/wp-json\/wp\/v2\/tags?post=146566"}],"curies":[{"name":"wp","href":"https:\/\/api.w.org\/{rel}","templated":true}]}}