{"id":37954,"date":"2016-12-13T19:28:32","date_gmt":"2016-12-13T12:28:32","guid":{"rendered":"http:\/\/www.siamlandbank.com\/propertynews\/property-news\/shanghai-developer-cifis-over-370-million-yuan-land-bid-deposit-forfeited-by-government\/"},"modified":"2016-12-13T19:34:32","modified_gmt":"2016-12-13T12:34:32","slug":"shanghai-developer-cifis-over-370-million-yuan-land-bid-deposit-forfeited-by-government","status":"publish","type":"post","link":"https:\/\/www.siamlandbank.com\/propertynews\/property-news\/shanghai-developer-cifis-over-370-million-yuan-land-bid-deposit-forfeited-by-government\/","title":{"rendered":"Shanghai developer CIFI\u2019s over 370 million yuan land bid deposit forfeited by government"},"content":{"rendered":"


\nIn a rare move, the Shanghai city authorities have withheld land security deposits worth up to 374 million yuan from a major developer, citing irregularities, amid the government clamp down on property speculation to cool the overheated market.
\nShanghai-based CIFI Holdings \u2013 one of the country\u2019s top 20 Chinese developers by sales \u2013 said on Tuesday that the Shanghai Land Transaction Affairs Center decided not to return its security deposit because it didn\u2019t attend the…
\n
\nSource : South China Morning Post
\nRead more…Shanghai developer CIFI\u2019s over 370 million yuan land bid deposit forfeited by government<\/a><\/p>\n","protected":false},"excerpt":{"rendered":"

In a rare move, the Shanghai city authorities have withheld land security deposits worth up...<\/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-37954","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\/p75ss1-9Sa","jetpack-related-posts":[{"id":23145,"url":"https:\/\/www.siamlandbank.com\/propertynews\/property-news\/shanghai-land-sells-for-100000-yuan-per-sq-m-highest-price-ever\/","url_meta":{"origin":37954,"position":0},"title":"Shanghai land sells for 100,000 yuan per sq m \u2014 highest price ever","date":"August 17, 2016","format":false,"excerpt":"\r Fujian-based developer Ronshine China Wednesday morning beat out 17 bidders to win a plot of land in central Shanghai\u2019s Jingan district for 1.1 billion yuan (HK$1.17 billion), with the average cost hitting 100,000 yuan per square metre \u2013 the most expensive land ever in Ch\r \r Source : South\u2026","rel":"","context":"In "Property News"","img":{"alt_text":"","src":"","width":0,"height":0},"classes":[]},{"id":114399,"url":"https:\/\/www.siamlandbank.com\/propertynews\/property-news\/hongkong-land-pays-a-record-31-billion-yuan-for-shanghai-land-plot-as-it-continues-its-search-for-growth-in-mainland-china\/","url_meta":{"origin":37954,"position":1},"title":"Hongkong Land pays a record 31 billion yuan for Shanghai land plot as it continues its search for growth in mainland China","date":"February 20, 2020","format":false,"excerpt":"\r Hongkong Land Holdings Limited, a unit of one of the biggest British conglomerates of the colonial era, has paid a record price for a piece of mixed-use land in Shanghai, as the real estate developer continues its search for growth in mainland China.The 50-per cent owned unit of Jardine\u2026","rel":"","context":"In "Property News"","img":{"alt_text":"","src":"","width":0,"height":0},"classes":[]},{"id":74944,"url":"https:\/\/www.siamlandbank.com\/propertynews\/property-news\/shui-on-sells-prime-shanghai-property-projects-to-china-life-for-4-billion-yuan\/","url_meta":{"origin":37954,"position":2},"title":"Shui On sells prime Shanghai property projects to China Life for 4 billion yuan","date":"December 20, 2017","format":false,"excerpt":"\r Shui On Land has struck a deal to sell almost half its stake in a portfolio of prime Shanghai property projects to China Life Insurance for 4.16 billion yuan (US$630 million), its latest move to pursue an \u201casset-light strategy\u201d. The sale is expected to generate a gain of 1.2\u2026","rel":"","context":"In "Property News"","img":{"alt_text":"","src":"","width":0,"height":0},"classes":[]},{"id":123557,"url":"https:\/\/www.siamlandbank.com\/propertynews\/property-news\/chinas-depressed-land-market-offers-buying-opportunity-for-hong-kong-developer-hkr-international\/","url_meta":{"origin":37954,"position":3},"title":"China\u2019s depressed land market offers buying opportunity for Hong Kong developer HKR International","date":"December 1, 2021","format":false,"excerpt":"\r The debt crisis affecting Chinese developers, which has reduced the bidding frenzy at land auctions in the mainland, has given a Hong Kong property firm an opportunity to acquire a prime parcel.On Tuesday, Hong Kong conglomerate HKR International won a prime residential site in Shanghai with a bid of\u2026","rel":"","context":"In "Property News"","img":{"alt_text":"","src":"","width":0,"height":0},"classes":[]},{"id":766,"url":"https:\/\/www.siamlandbank.com\/propertynews\/property-news\/mainland-china-developer-future-land-obtains-15-billion-yuan-in-bank-credit-lines\/","url_meta":{"origin":37954,"position":4},"title":"Mainland China developer Future Land obtains 15 billion yuan in bank credit lines","date":"January 5, 2016","format":false,"excerpt":"\r Shanghai-based Future Land Development says it has recently obtained a total of 15 billion yuan in new bank credit lines from two mainland banks. Together with existing credit lines, the company said it now had bank credit lines totalling 38.8 billion yuan.\r \r Source : South China Morning Post\r\u2026","rel":"","context":"In "Property News"","img":{"alt_text":"","src":"","width":0,"height":0},"classes":[]},{"id":135127,"url":"https:\/\/www.siamlandbank.com\/propertynews\/property-news\/heavily-indebted-chinese-developer-cifi-looks-to-offload-prized-shanghai-commercial-property-assets-after-1-5-billion-yuan-bond-fails-to-take-off\/","url_meta":{"origin":37954,"position":5},"title":"Heavily-indebted Chinese developer CIFI looks to offload prized Shanghai commercial property assets after 1.5 billion yuan bond fails to take off","date":"March 9, 2023","format":false,"excerpt":"\r Chinese property developer CIFI Holdings is looking to sell its crown-jewel assets in Shanghai, including its headquarters, after its state-guaranteed yuan bond issuance hit a snag.\r \r Source : South China Morning Post\r Read more...Heavily-indebted Chinese developer CIFI looks to offload prized Shanghai commercial property assets after 1.5 billion\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\/37954"}],"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=37954"}],"version-history":[{"count":0,"href":"https:\/\/www.siamlandbank.com\/propertynews\/wp-json\/wp\/v2\/posts\/37954\/revisions"}],"wp:attachment":[{"href":"https:\/\/www.siamlandbank.com\/propertynews\/wp-json\/wp\/v2\/media?parent=37954"}],"wp:term":[{"taxonomy":"category","embeddable":true,"href":"https:\/\/www.siamlandbank.com\/propertynews\/wp-json\/wp\/v2\/categories?post=37954"},{"taxonomy":"post_tag","embeddable":true,"href":"https:\/\/www.siamlandbank.com\/propertynews\/wp-json\/wp\/v2\/tags?post=37954"}],"curies":[{"name":"wp","href":"https:\/\/api.w.org\/{rel}","templated":true}]}}