{"id":26826,"date":"2016-09-22T08:29:18","date_gmt":"2016-09-22T01:29:18","guid":{"rendered":"http:\/\/www.siamlandbank.com\/propertynews\/property-news\/nanjing-land-lottery-a-first-for-chinas-soaring-property-market\/"},"modified":"2016-09-22T08:45:59","modified_gmt":"2016-09-22T01:45:59","slug":"nanjing-land-lottery-a-first-for-chinas-soaring-property-market","status":"publish","type":"post","link":"https:\/\/www.siamlandbank.com\/propertynews\/property-news\/nanjing-land-lottery-a-first-for-chinas-soaring-property-market\/","title":{"rendered":"Nanjing \u2018land lottery\u2019 a first for China\u2019s soaring property market"},"content":{"rendered":"


\nThe eastern Chinese city of Nanjing has introduced a \u201clottery\u201d system for land sales, the first of its kind on the mainland, as land-hungry developers jostle for plots in a red-hot property market.
\nIn a state-dominated market where a single land deal can easily be worth billions of yuan, local governments in major cities, the landowners, are reaping a windfall as property developers rush to bid for plots at prices that were unimaginably high only a few months ago.
\nIt\u2019s raising…
\n
\nSource : South China Morning Post
\nRead more…Nanjing \u2018land lottery\u2019 a first for China\u2019s soaring property market<\/a><\/p>\n","protected":false},"excerpt":{"rendered":"

The eastern Chinese city of Nanjing has introduced a \u201clottery\u201d system for land sales, the...<\/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-26826","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\/p75ss1-6YG","jetpack-related-posts":[{"id":40896,"url":"https:\/\/www.siamlandbank.com\/propertynews\/property-news\/second-tier-cities-outperform-first-tier-peers-in-chinas-property-market\/","url_meta":{"origin":26826,"position":0},"title":"Second-tier cities outperform first-tier peers in China\u2019s property market","date":"January 17, 2017","format":false,"excerpt":"\r First-tier cities are no longer the only option for Chinese homebuyers as prominent second-tier cities, with larger land supply and less crowded living environment, are drawing attention from both developers and end-users. Among the second-tier cities with \u201cfirst tier potential\u201d, nine cities including Nanjing, Hangzhou and Suzhou have outperformed\u2026","rel":"","context":"In "Property News"","img":{"alt_text":"","src":"","width":0,"height":0},"classes":[]},{"id":34704,"url":"https:\/\/www.siamlandbank.com\/propertynews\/property-news\/china-city-bans-developers-from-borrowing-to-buy-land\/","url_meta":{"origin":26826,"position":1},"title":"China city bans developers from borrowing to buy land","date":"November 17, 2016","format":false,"excerpt":"\r Nanjing first to cut of access to banking system to temper overheating property market\r \r Source : ft.com\r Read more...China city bans developers from borrowing to buy land","rel":"","context":"In "Property News"","img":{"alt_text":"","src":"","width":0,"height":0},"classes":[]},{"id":97686,"url":"https:\/\/www.siamlandbank.com\/propertynews\/property-news\/nanjing-property-market-u-turns-as-government-cooling-measures-take-hold\/","url_meta":{"origin":26826,"position":2},"title":"Nanjing property market U-turns as government cooling measures take hold","date":"September 12, 2018","format":false,"excerpt":"\r A set of poor land sales results have highlighted the softening real estate market in Nanjing, reflecting the effectiveness of recent government measures to cool a market that was seen as tipping towards overheating, exemplified by a strong buyer response for a home that had been the scene of\u2026","rel":"","context":"In "Property News"","img":{"alt_text":"","src":"","width":0,"height":0},"classes":[]},{"id":68150,"url":"https:\/\/www.siamlandbank.com\/propertynews\/property-news\/chinas-land-system-breakthrough-is-allowing-rural-land-for-rental-housing\/","url_meta":{"origin":26826,"position":3},"title":"China\u2019s land system breakthrough is allowing rural land for rental housing","date":"October 4, 2017","format":false,"excerpt":"\r China\u2019s recent launch of the pilot scheme that allows the development of collectively owned land into residential properties for leasing will have a profound impact not only on the residential leasing market, but also on the land market and the housing system. Announced by the Ministry of Land and\u2026","rel":"","context":"In "Property News"","img":{"alt_text":"","src":"","width":0,"height":0},"classes":[]},{"id":133784,"url":"https:\/\/www.siamlandbank.com\/propertynews\/property-news\/chinas-changsha-nanjing-relax-homebuying-restrictions-offer-generous-subsidies-as-they-compete-for-talent-to-boost-growth\/","url_meta":{"origin":26826,"position":4},"title":"China\u2019s Changsha, Nanjing relax homebuying restrictions, offer generous subsidies as they compete for talent to boost growth","date":"January 19, 2023","format":false,"excerpt":"\r Many mainland cities including Changsha and Nanjing have come with generous policies to help skilled immigrants buy new homes and spur economic growth.\r \r Source : South China Morning Post\r Read more...China\u2019s Changsha, Nanjing relax homebuying restrictions, offer generous subsidies as they compete for talent to boost growth","rel":"","context":"In "Property News"","img":{"alt_text":"","src":"","width":0,"height":0},"classes":[]},{"id":47009,"url":"https:\/\/www.siamlandbank.com\/propertynews\/property-news\/chinas-city-land-sales-surge-73-per-cent-despite-cooling-measures\/","url_meta":{"origin":26826,"position":5},"title":"China\u2019s city land sales surge 73 per cent despite cooling measures","date":"March 7, 2017","format":false,"excerpt":"\r China\u2019s land sales in 50 major cities surged 73 per cent in the first two months of 2017 despite a raft of measures rolled out in a bid to cool the red-hot property market. Fifty city governments received a total of 452.8 billion yuan (US$65.6 billion) from land auctions\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\/26826"}],"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=26826"}],"version-history":[{"count":0,"href":"https:\/\/www.siamlandbank.com\/propertynews\/wp-json\/wp\/v2\/posts\/26826\/revisions"}],"wp:attachment":[{"href":"https:\/\/www.siamlandbank.com\/propertynews\/wp-json\/wp\/v2\/media?parent=26826"}],"wp:term":[{"taxonomy":"category","embeddable":true,"href":"https:\/\/www.siamlandbank.com\/propertynews\/wp-json\/wp\/v2\/categories?post=26826"},{"taxonomy":"post_tag","embeddable":true,"href":"https:\/\/www.siamlandbank.com\/propertynews\/wp-json\/wp\/v2\/tags?post=26826"}],"curies":[{"name":"wp","href":"https:\/\/api.w.org\/{rel}","templated":true}]}}