{"id":146637,"date":"2024-08-08T14:30:09","date_gmt":"2024-08-08T07:30:09","guid":{"rendered":"https:\/\/www.siamlandbank.com\/propertynews\/property-news\/shenzhen-joins-chinese-local-governments-taking-unsold-homes-off-developers-hands\/"},"modified":"2024-08-08T17:08:49","modified_gmt":"2024-08-08T10:08:49","slug":"shenzhen-joins-chinese-local-governments-taking-unsold-homes-off-developers-hands","status":"publish","type":"post","link":"https:\/\/www.siamlandbank.com\/propertynews\/property-news\/shenzhen-joins-chinese-local-governments-taking-unsold-homes-off-developers-hands\/","title":{"rendered":"Shenzhen joins Chinese local governments taking unsold homes off developers\u2019 hands"},"content":{"rendered":"


\nThe city becomes the first tier-1 metropolis to heed Beijing\u2019s call to help bail out property developers while adding to affordable housing stock.
\n
\nSource : South China Morning Post
\nRead more…Shenzhen joins Chinese local governments taking unsold homes off developers\u2019 hands<\/a><\/p>\n","protected":false},"excerpt":{"rendered":"

The city becomes the first tier-1 metropolis to heed Beijing\u2019s call to help bail out...<\/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-146637","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-C97","jetpack-related-posts":[{"id":144417,"url":"https:\/\/www.siamlandbank.com\/propertynews\/property-news\/chinese-vice-premier-he-lifeng-calls-on-cities-to-buy-back-residential-land-unsold-homes-to-aid-distressed-developers\/","url_meta":{"origin":146637,"position":0},"title":"Chinese Vice-Premier He Lifeng calls on cities to buy back residential land, unsold homes to aid distressed developers","date":"May 17, 2024","format":false,"excerpt":"\r He Lifeng stressed the need to \u2018carry on the battle\u2019 to surmount the risks that unfinished and unconstructed homes represent, as the health of the property market is tied closely to social wellness and economic development.\r \r Source : South China Morning Post\r Read more...Chinese Vice-Premier He Lifeng calls\u2026","rel":"","context":"In "Property News"","img":{"alt_text":"","src":"","width":0,"height":0},"classes":[]},{"id":110479,"url":"https:\/\/www.siamlandbank.com\/propertynews\/property-news\/developers-hope-to-leverage-shenzhens-model-city-status-price-residential-project-as-most-expensive-in-its-area\/","url_meta":{"origin":146637,"position":1},"title":"Developers hope to leverage Shenzhen\u2019s model city status, price residential project as most expensive in its area","date":"September 4, 2019","format":false,"excerpt":"\r A 665-unit project in Shenzhen could be home to flats worth 20 million yuan, if its developers win approval for an average price of 100,000 yuan (US$13,928) per square metre, industry insiders said.Longhua Jinmao Palace, which was completed eight months ago and has been left unsold since then, could\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":146637,"position":2},"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":[]},{"id":131833,"url":"https:\/\/www.siamlandbank.com\/propertynews\/property-news\/evergrande-crisis-chinese-developers-shenzhen-plot-sold-to-local-government-backed-buyer-for-us1-billion\/","url_meta":{"origin":146637,"position":3},"title":"Evergrande crisis: Chinese developer\u2019s Shenzhen plot sold to local government-backed buyer for US$1 billion","date":"November 28, 2022","format":false,"excerpt":"\r The 10,376-square-metre plot in Shenzhen\u2019s Nanshan district was sold to government-backed Shenzhen Anju Jianye Investment Operation. Evergrande acquired the plot in 2017 for 5.55 billion yuan.\r \r Source : South China Morning Post\r Read more...Evergrande crisis: Chinese developer\u2019s Shenzhen plot sold to local government-backed buyer for US billion","rel":"","context":"In "Property News"","img":{"alt_text":"","src":"","width":0,"height":0},"classes":[]},{"id":8928,"url":"https:\/\/www.siamlandbank.com\/propertynews\/property-news\/its-crunch-time-for-sg-developers-before-the-buyers-stamp-deadline\/","url_meta":{"origin":146637,"position":4},"title":"It\u2019s crunch time for SG developers before the buyer\u2019s stamp deadline","date":"March 23, 2016","format":false,"excerpt":"\r Developers are confident that they can dispose their unsold units in time Alex Residences in Redhill has 173 unsold units Some developers in Singapore are optimistic they can sell all the remaining units in their private residential projects before the stipulated deadline, even if they don\u2019t offer huge discounts,\u2026","rel":"","context":"In "Property News"","img":{"alt_text":"","src":"","width":0,"height":0},"classes":[]},{"id":116711,"url":"https:\/\/www.siamlandbank.com\/propertynews\/property-news\/shenzhen-tries-to-aid-property-developers-but-loosened-curbs-drive-up-prices-of-homes-instead\/","url_meta":{"origin":146637,"position":5},"title":"Shenzhen tries to aid property developers, but loosened curbs drive up prices of homes instead","date":"May 28, 2020","format":false,"excerpt":"\r Crystal Tan and her newly married husband have spent what would have been their honeymoon house-hunting in Shenzhen.\u201cBuying a home is a priority \u2013 we need to get it done this month. Otherwise, we won\u2019t be able to afford anything in this city with the money we have,\u201d Tan,\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\/146637"}],"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=146637"}],"version-history":[{"count":0,"href":"https:\/\/www.siamlandbank.com\/propertynews\/wp-json\/wp\/v2\/posts\/146637\/revisions"}],"wp:attachment":[{"href":"https:\/\/www.siamlandbank.com\/propertynews\/wp-json\/wp\/v2\/media?parent=146637"}],"wp:term":[{"taxonomy":"category","embeddable":true,"href":"https:\/\/www.siamlandbank.com\/propertynews\/wp-json\/wp\/v2\/categories?post=146637"},{"taxonomy":"post_tag","embeddable":true,"href":"https:\/\/www.siamlandbank.com\/propertynews\/wp-json\/wp\/v2\/tags?post=146637"}],"curies":[{"name":"wp","href":"https:\/\/api.w.org\/{rel}","templated":true}]}}