{"id":53790,"date":"2017-05-05T07:00:41","date_gmt":"2017-05-05T00:00:41","guid":{"rendered":"http:\/\/www.siamlandbank.com\/propertynews\/property-news\/shanghai-vows-to-crack-down-on-home-sales-irregularities\/"},"modified":"2017-05-05T07:39:37","modified_gmt":"2017-05-05T00:39:37","slug":"shanghai-vows-to-crack-down-on-home-sales-irregularities","status":"publish","type":"post","link":"https:\/\/www.siamlandbank.com\/propertynews\/property-news\/shanghai-vows-to-crack-down-on-home-sales-irregularities\/","title":{"rendered":"Shanghai vows to crack down on home sales irregularities"},"content":{"rendered":"


\nThe rising irregularities in the home sales process in Shanghai have caught policymakers\u2019 attention as the city government vows to step in the lottery system used by the developers.
\nAccording to a document released by the Shanghai housing authority on Thursday, for a new project that attracts more clients than the number of units available for sale, a lottery draw will be conducted under the supervision of the city\u2019s notary office. The move was aimed to further regulate home sales…
\n
\nSource : South China Morning Post
\nRead more…Shanghai vows to crack down on home sales irregularities<\/a><\/p>\n","protected":false},"excerpt":{"rendered":"

The rising irregularities in the home sales process in Shanghai have caught policymakers\u2019 attention as...<\/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-53790","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-dZA","jetpack-related-posts":[{"id":37954,"url":"https:\/\/www.siamlandbank.com\/propertynews\/property-news\/shanghai-developer-cifis-over-370-million-yuan-land-bid-deposit-forfeited-by-government\/","url_meta":{"origin":53790,"position":0},"title":"Shanghai developer CIFI\u2019s over 370 million yuan land bid deposit forfeited by government","date":"December 13, 2016","format":false,"excerpt":"\r In 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. Shanghai-based CIFI Holdings \u2013 one of the country\u2019s top 20 Chinese\u2026","rel":"","context":"In "Property News"","img":{"alt_text":"","src":"","width":0,"height":0},"classes":[]},{"id":86398,"url":"https:\/\/www.siamlandbank.com\/propertynews\/property-news\/the-only-way-to-buy-property-in-shanghai-these-days-is-to-win-the-lottery-2\/","url_meta":{"origin":53790,"position":1},"title":"The only way to buy property in Shanghai these days is to win the lottery","date":"April 25, 2018","format":false,"excerpt":"\r Developers in Shanghai are resorting to lotteries as buyers outnumber the homes for sale, South China Morning Post reports.\r \r Source : cnbc.com\r Read more...The only way to buy property in Shanghai these days is to win the lottery","rel":"","context":"In "Property News"","img":{"alt_text":"","src":"","width":0,"height":0},"classes":[]},{"id":86326,"url":"https:\/\/www.siamlandbank.com\/propertynews\/property-news\/the-only-way-to-buy-property-in-shanghai-these-days-is-to-win-the-lottery\/","url_meta":{"origin":53790,"position":2},"title":"The only way to buy property in Shanghai these days is to win the lottery","date":"April 24, 2018","format":false,"excerpt":"\r These days in Shanghai it seems getting a chance to buy property is as close as it gets to winning the lottery. Developers of high-priced Shanghai residential projects have been overwhelmed by deep-pocketed prospective buyers, as local government price controls have made these homes a bargain for them. For\u2026","rel":"","context":"In "Property News"","img":{"alt_text":"","src":"","width":0,"height":0},"classes":[]},{"id":84986,"url":"https:\/\/www.siamlandbank.com\/propertynews\/property-news\/shanghai-developers-receive-pre-sale-permits-to-begin-luxury-sales-but-theres-a-catch\/","url_meta":{"origin":53790,"position":3},"title":"Shanghai developers receive pre-sale permits to begin luxury sales, but there\u2019s a catch","date":"April 11, 2018","format":false,"excerpt":"\r A number of luxury Shanghai residential projects have secured permission from authorities to start sales, even as government curbs on the property market in place since last year could mean developers will have to accept lower prices. At least seven high-end projects, involving developers Shui On Land, Poly Real\u2026","rel":"","context":"In "Property News"","img":{"alt_text":"","src":"","width":0,"height":0},"classes":[]},{"id":135129,"url":"https:\/\/www.siamlandbank.com\/propertynews\/property-news\/china-home-sales-spike-in-shanghai-beijing-shenzhen-in-february-as-eager-buyers-abandon-wait-and-see-approach\/","url_meta":{"origin":53790,"position":4},"title":"China home sales spike in Shanghai, Beijing, Shenzhen in February, as eager buyers abandon wait-and-see approach","date":"March 9, 2023","format":false,"excerpt":"\r Sales shot up in Beijing, Shanghai and Shenzhen in February as buyers shrugged off hesitancy, with the lived-in market proving particularly hot.\r \r Source : South China Morning Post\r Read more...China home sales spike in Shanghai, Beijing, Shenzhen in February, as eager buyers abandon wait-and-see approach","rel":"","context":"In "Property News"","img":{"alt_text":"","src":"","width":0,"height":0},"classes":[]},{"id":125171,"url":"https:\/\/www.siamlandbank.com\/propertynews\/property-news\/property-sales-at-shimao-groups-shanghai-listed-unit-sink-62-per-cent-in-february\/","url_meta":{"origin":53790,"position":5},"title":"Property sales at Shimao Group\u2019s Shanghai-listed unit sink 62 per cent in February","date":"March 8, 2022","format":false,"excerpt":"\r Chinese developer Shimao Group Holdings said property sales at its mainland-listed subsidiary slumped last month, piling further financial pressure on one of the country\u2019s top real estate companies.Contracted sales at Shanghai Shimao sank 62 per cent to 1 billion yuan (US$158.4 million) in February from a year earlier, according\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\/53790"}],"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=53790"}],"version-history":[{"count":0,"href":"https:\/\/www.siamlandbank.com\/propertynews\/wp-json\/wp\/v2\/posts\/53790\/revisions"}],"wp:attachment":[{"href":"https:\/\/www.siamlandbank.com\/propertynews\/wp-json\/wp\/v2\/media?parent=53790"}],"wp:term":[{"taxonomy":"category","embeddable":true,"href":"https:\/\/www.siamlandbank.com\/propertynews\/wp-json\/wp\/v2\/categories?post=53790"},{"taxonomy":"post_tag","embeddable":true,"href":"https:\/\/www.siamlandbank.com\/propertynews\/wp-json\/wp\/v2\/tags?post=53790"}],"curies":[{"name":"wp","href":"https:\/\/api.w.org\/{rel}","templated":true}]}}