{"id":55233,"date":"2017-05-18T14:51:17","date_gmt":"2017-05-18T07:51:17","guid":{"rendered":"http:\/\/www.siamlandbank.com\/propertynews\/property-news\/shanghai-blocks-sales-of-commercial-property-converted-for-residential-use\/"},"modified":"2017-05-18T15:04:07","modified_gmt":"2017-05-18T08:04:07","slug":"shanghai-blocks-sales-of-commercial-property-converted-for-residential-use","status":"publish","type":"post","link":"https:\/\/www.siamlandbank.com\/propertynews\/property-news\/shanghai-blocks-sales-of-commercial-property-converted-for-residential-use\/","title":{"rendered":"Shanghai blocks sales of commercial property converted for residential use"},"content":{"rendered":"


\nThe Shanghai authorities have called off the approval of any new apartments to be built on commercial-use land \u2013 its latest measure in response to a broader campaign to curb the red-hot property market in China\u2019s biggest cities.
\nAny planned residential projects, converted from offices and shops, will not be granted sales approval.
\nWhile those units that have already been given approval but are yet to launch for sale, or have been sold but the keys are yet handed over to buyers, will…
\n
\nSource : South China Morning Post
\nRead more…Shanghai blocks sales of commercial property converted for residential use<\/a><\/p>\n","protected":false},"excerpt":{"rendered":"

The Shanghai authorities have called off the approval of any new apartments to be built...<\/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-55233","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-emR","jetpack-related-posts":[{"id":45812,"url":"https:\/\/www.siamlandbank.com\/propertynews\/property-news\/beijing-and-shanghai-clamp-down-on-selling-apartments-built-on-commercial-land-or-converted-from-industrial-use\/","url_meta":{"origin":55233,"position":0},"title":"Beijing and Shanghai clamp down on selling apartments built on commercial land, or converted from industrial use","date":"February 28, 2017","format":false,"excerpt":"\r Developers in Beijing are accelerating the pace of selling apartments that have been converted from commercial buildings, in anticipation of a fresh round of tightening on the sale of such properties. The converted commercial projects have generally been developed on land plots acquired from local government as \u201ccommercial or\u2026","rel":"","context":"In "Property News"","img":{"alt_text":"","src":"","width":0,"height":0},"classes":[]},{"id":46995,"url":"https:\/\/www.siamlandbank.com\/propertynews\/property-news\/crackdown-on-converted-shanghai-apartments-highlights-legal-risks-for-buyers\/","url_meta":{"origin":55233,"position":1},"title":"Crackdown on converted Shanghai apartments highlights legal risks for buyers","date":"March 7, 2017","format":false,"excerpt":"\r The controversy over the Chinese government\u2019s crackdown on converted residential projects in Shanghai shows no sign of abating with the developers locked in complicated disputes with buyers. The projects are developed on plots acquired as commercial or office land and have become a popular product in the country\u2019s biggest\u2026","rel":"","context":"In "Property News"","img":{"alt_text":"","src":"","width":0,"height":0},"classes":[]},{"id":56922,"url":"https:\/\/www.siamlandbank.com\/propertynews\/property-news\/desperate-owners-demand-shanghai-rethinks-rule-changes-on-commercial-turned-residential-sites\/","url_meta":{"origin":55233,"position":2},"title":"Desperate owners demand Shanghai rethinks rule changes on commercial-turned residential sites","date":"June 5, 2017","format":false,"excerpt":"\r The Shanghai government\u2019s sudden decision last month to target converted apartments built on land that was originally acquired for commercial or office use, has left hundred of thousands of buyers in despair and in limbo. For many non-local residents, such as Yao An, these types of apartment have represented\u2026","rel":"","context":"In "Property News"","img":{"alt_text":"","src":"","width":0,"height":0},"classes":[]},{"id":57576,"url":"https:\/\/www.siamlandbank.com\/propertynews\/property-news\/sun-hung-kai-properties-halts-sales-of-converted-apartments-in-shanghai\/","url_meta":{"origin":55233,"position":3},"title":"Sun Hung Kai Properties halts sales of converted apartments in Shanghai","date":"June 12, 2017","format":false,"excerpt":"\r Sun Hung Kai Properties, Hong Kong\u2019s largest developer by market capitalisation, has been caught flat-footed by a controversial policy in Shanghai barring the sale of apartments built on land designated for office or commercial use. The developer has been forced to stop the sale of the remaining converted apartments\u2026","rel":"","context":"In "Property News"","img":{"alt_text":"","src":"","width":0,"height":0},"classes":[]},{"id":39985,"url":"https:\/\/www.siamlandbank.com\/propertynews\/property-news\/shanghai-halts-online-office-sales-after-misselling-for-home-use-uncovered\/","url_meta":{"origin":55233,"position":4},"title":"Shanghai halts online office sales after misselling for home use uncovered","date":"January 8, 2017","format":false,"excerpt":"\r The Shanghai municipal government has temporarily suspended online sales of commercial real estate designated for office use, after illegal modifications to allow for residential usage was uncovered. Illicit marketing tactics by developers of some such projects have misled buyers and led to complaints, the city\u2019s Urban and Rural Construction\u2026","rel":"","context":"In "Property News"","img":{"alt_text":"","src":"","width":0,"height":0},"classes":[]},{"id":70716,"url":"https:\/\/www.siamlandbank.com\/propertynews\/property-news\/shanghai-property-developer-future-land-eyes-co-living-opportunities-in-hong-kong\/","url_meta":{"origin":55233,"position":5},"title":"Shanghai property developer Future Land eyes co-living opportunities in Hong Kong","date":"November 2, 2017","format":false,"excerpt":"\r Shanghai-based Future Land Development has set its sights on Hong Kong\u2019s co-living spaces. The Chinese developer, which builds homes in 40 cities across the mainland, said on Wednesday it has invested around HK$500-HK$600 million this year in two residential and commercial projects each. The residential projects will be turned\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\/55233"}],"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=55233"}],"version-history":[{"count":0,"href":"https:\/\/www.siamlandbank.com\/propertynews\/wp-json\/wp\/v2\/posts\/55233\/revisions"}],"wp:attachment":[{"href":"https:\/\/www.siamlandbank.com\/propertynews\/wp-json\/wp\/v2\/media?parent=55233"}],"wp:term":[{"taxonomy":"category","embeddable":true,"href":"https:\/\/www.siamlandbank.com\/propertynews\/wp-json\/wp\/v2\/categories?post=55233"},{"taxonomy":"post_tag","embeddable":true,"href":"https:\/\/www.siamlandbank.com\/propertynews\/wp-json\/wp\/v2\/tags?post=55233"}],"curies":[{"name":"wp","href":"https:\/\/api.w.org\/{rel}","templated":true}]}}