{"id":146723,"date":"2024-08-19T16:00:20","date_gmt":"2024-08-19T09:00:20","guid":{"rendered":"https:\/\/www.siamlandbank.com\/propertynews\/property-news\/luxury-properties-defy-chinas-slumping-home-sales-as-big-city-buyers-splash-out\/"},"modified":"2024-08-23T08:23:57","modified_gmt":"2024-08-23T01:23:57","slug":"luxury-properties-defy-chinas-slumping-home-sales-as-big-city-buyers-splash-out","status":"publish","type":"post","link":"https:\/\/www.siamlandbank.com\/propertynews\/property-news\/luxury-properties-defy-chinas-slumping-home-sales-as-big-city-buyers-splash-out\/","title":{"rendered":"Luxury properties defy China\u2019s slumping home sales as big-city buyers splash out"},"content":{"rendered":"


\nSales of homes above 30 million yuan (US$4.2 million ) in Shanghai hit a 10-year high in the first half of the year, according to CRIC data.
\n
\nSource : South China Morning Post
\nRead more…Luxury properties defy China\u2019s slumping home sales as big-city buyers splash out<\/a><\/p>\n","protected":false},"excerpt":{"rendered":"

Sales of homes above 30 million yuan (US$4.2 million ) in Shanghai hit a 10-year...<\/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-146723","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-Cav","jetpack-related-posts":[{"id":124116,"url":"https:\/\/www.siamlandbank.com\/propertynews\/property-news\/china-property-debt-crisis-rf-warns-its-asset-sales-may-not-meet-bond-repurchase-deadline-in-a-slumping-real-estate-market\/","url_meta":{"origin":146723,"position":0},"title":"China property debt crisis: R&F warns its asset sales may not meet bond repurchase deadline in a slumping real estate market","date":"January 6, 2022","format":false,"excerpt":"\r Guangzhou R&F Properties said it may not be able to sell assets in time to buy back some of its offshore bonds, as one of China\u2019s largest and most indebted developers struggles to meet its debt obligations amid a sinking real estate market.The actual amount of funds that can\u2026","rel":"","context":"In "Property News"","img":{"alt_text":"","src":"","width":0,"height":0},"classes":[]},{"id":82568,"url":"https:\/\/www.siamlandbank.com\/propertynews\/property-news\/chinas-buyers-defy-the-law-to-satisfy-thirst-for-foreign-homes\/","url_meta":{"origin":146723,"position":1},"title":"China\u2019s buyers defy the law to satisfy thirst for foreign homes","date":"March 13, 2018","format":false,"excerpt":"\r Citizens spent $40bn on overseas housing in 2017 despite Beijing\u2019s ban\r \r Source : ft.com\r Read more...China\u2019s buyers defy the law to satisfy thirst for foreign homes","rel":"","context":"In "Property News"","img":{"alt_text":"","src":"","width":0,"height":0},"classes":[]},{"id":116623,"url":"https:\/\/www.siamlandbank.com\/propertynews\/property-news\/hong-kong-homebuyers-enter-the-market-as-developers-dangle-discounts-to-end-nine-weeks-of-slumping-property-sales\/","url_meta":{"origin":146723,"position":2},"title":"Hong Kong homebuyers enter the market, as developers dangle discounts to end nine weeks of slumping property sales","date":"May 23, 2020","format":false,"excerpt":"\r Hong Kong\u2019s homebuyers came off the sidelines to nibble at more than 200 flats offered at two projects, as developers slashed prices to end nine consecutive weeks of sales flops.Sun Hung Kai Properties (SHKP), the city\u2019s most valuable developer, managed to sell 162 of 200 flats, or 80 per\u2026","rel":"","context":"In "Property News"","img":{"alt_text":"","src":"","width":0,"height":0},"classes":[]},{"id":102550,"url":"https:\/\/www.siamlandbank.com\/propertynews\/property-news\/how-do-shanghai-and-beijing-defy-chinas-property-slowdown\/","url_meta":{"origin":146723,"position":3},"title":"How do Shanghai and Beijing defy China\u2019s property slowdown?","date":"December 27, 2018","format":false,"excerpt":"\r Overseas investors\u2019 surging investment in commercial properties in China\u2019s top cities has helped Shanghai and Beijing defy the credit tightening and market slump to sustain their high transaction volumes this year, a trend that is expected to extend into 2019, according to property consultants. Their share of Shanghai\u2019s total\u2026","rel":"","context":"In "Property News"","img":{"alt_text":"","src":"","width":0,"height":0},"classes":[]},{"id":172376,"url":"https:\/\/www.siamlandbank.com\/propertynews\/property-news\/luxury-home-sales-rebound-in-mainland-china-but-overall-market-recovery-unlikely-analysts\/","url_meta":{"origin":146723,"position":4},"title":"Luxury home sales rebound in mainland China but overall market recovery unlikely: analysts","date":"August 16, 2026","format":false,"excerpt":"\r Sales of luxury homes in mainland China\u2019s top cities are picking up as high-net-worth individuals, benefiting from the country\u2019s tech boom, splash out billions of yuan to improve their housing. The buying binge has sparked expectations of a broad market recovery after a six-year property slump across the country,\u2026","rel":"","context":"In "Property News"","img":{"alt_text":"","src":"","width":0,"height":0},"classes":[]},{"id":113116,"url":"https:\/\/www.siamlandbank.com\/propertynews\/property-news\/sales-of-luxury-hong-kong-homes-plunge-to-three-year-low-with-cashed-up-buyers-not-in-the-mood-for-big-ticket-purchases\/","url_meta":{"origin":146723,"position":5},"title":"Sales of luxury Hong Kong homes plunge to three-year low, with \u2018cashed-up\u2019 buyers not in the mood for big-ticket purchases","date":"December 17, 2019","format":false,"excerpt":"\r The sales of luxury homes in Hong Kong plunged to a three-year low in the first 11 months of 2019, with fewer local and mainland Chinese buyers willing to commit to big-ticket purchases since June, when the city\u2019s anti-government protests started.The overall sales of homes costing HK$20 million (US$2.56\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\/146723"}],"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=146723"}],"version-history":[{"count":0,"href":"https:\/\/www.siamlandbank.com\/propertynews\/wp-json\/wp\/v2\/posts\/146723\/revisions"}],"wp:attachment":[{"href":"https:\/\/www.siamlandbank.com\/propertynews\/wp-json\/wp\/v2\/media?parent=146723"}],"wp:term":[{"taxonomy":"category","embeddable":true,"href":"https:\/\/www.siamlandbank.com\/propertynews\/wp-json\/wp\/v2\/categories?post=146723"},{"taxonomy":"post_tag","embeddable":true,"href":"https:\/\/www.siamlandbank.com\/propertynews\/wp-json\/wp\/v2\/tags?post=146723"}],"curies":[{"name":"wp","href":"https:\/\/api.w.org\/{rel}","templated":true}]}}