{"id":55805,"date":"2017-05-24T07:04:28","date_gmt":"2017-05-24T00:04:28","guid":{"rendered":"http:\/\/www.siamlandbank.com\/propertynews\/property-news\/how-chinas-most-contested-land-auction-drove-developers-into-a-frenzy\/"},"modified":"2017-05-24T09:58:54","modified_gmt":"2017-05-24T02:58:54","slug":"how-chinas-most-contested-land-auction-drove-developers-into-a-frenzy","status":"publish","type":"post","link":"https:\/\/www.siamlandbank.com\/propertynews\/property-news\/how-chinas-most-contested-land-auction-drove-developers-into-a-frenzy\/","title":{"rendered":"How China\u2019s most contested land auction drove developers into a frenzy"},"content":{"rendered":"


\nLuck mattered more than money for hundreds of property developers who bid on eight plots of land put up for auction by a local government, in a frenzied scene in China\u2019s real estate market.
\nAt least 400 developers from across the country jammed into a grand theatre in Jiaxing, a small Chinese city nestled between Shanghai and Hangzhou, on Monday for the land auction. It took just five minutes for the first plot of land to hit a ceiling price imposed by the government, requiring the use of…
\n
\nSource : South China Morning Post
\nRead more…How China\u2019s most contested land auction drove developers into a frenzy<\/a><\/p>\n","protected":false},"excerpt":{"rendered":"

Luck mattered more than money for hundreds of property developers who bid on eight plots...<\/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-55805","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-ew5","jetpack-related-posts":[{"id":105997,"url":"https:\/\/www.siamlandbank.com\/propertynews\/property-news\/chinas-land-auction-premiums-rebound-as-credit-taps-reopen-to-developers\/","url_meta":{"origin":55805,"position":0},"title":"China's land auction premiums rebound as credit taps reopen to developers","date":"April 12, 2019","format":false,"excerpt":"\r Chinese developers have become more aggressive in acquiring land at auction in second-tier cities, emboldened by improved financing and a stronger sales outlook.The average land auction premium over starting bidding prices in 300 major Chinese cities monitored by property consultancy China Index Academy rose to 23.7 per cent in\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":55805,"position":1},"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":97294,"url":"https:\/\/www.siamlandbank.com\/propertynews\/property-news\/chinas-land-auction-premiums-drop-to-lowest-levels-in-over-three-years\/","url_meta":{"origin":55805,"position":2},"title":"China\u2019s land auction premiums drop to lowest levels in over three years","date":"September 5, 2018","format":false,"excerpt":"\r China\u2019s land market continued to cool in August as developers remained cautious over the outlook for the nation\u2019s property sector. The average land auction premium over starting bidding prices in 40 major Chinese cities monitored by E-house China R&D Institute fell to 17.3 per cent \u2013 its lowest level\u2026","rel":"","context":"In "Property News"","img":{"alt_text":"","src":"","width":0,"height":0},"classes":[]},{"id":11392,"url":"https:\/\/www.siamlandbank.com\/propertynews\/property-news\/property-analysts-flag-concern-as-developers-fuel-buying-frenzy-for-land-sites-in-chinas-second-tier-cities\/","url_meta":{"origin":55805,"position":3},"title":"Property analysts flag concern as developers fuel buying frenzy for land sites in China\u2019s second-tier cities","date":"April 26, 2016","format":false,"excerpt":"\r Cash-rich mainland Chinese property developers are paying top dollar for selected building sites in second-tier cites, in an effort to build up their land banks at a time when Shanghai and other leading cities close the taps on new supply.\r \r Source : South China Morning Post\r Read more...Property\u2026","rel":"","context":"In "Property News"","img":{"alt_text":"","src":"","width":0,"height":0},"classes":[]},{"id":40183,"url":"https:\/\/www.siamlandbank.com\/propertynews\/property-news\/chinas-cooling-measures-mean-smaller-developers-dont-stand-a-chance\/","url_meta":{"origin":55805,"position":4},"title":"China\u2019s cooling measures mean smaller developers don\u2019t stand a chance","date":"January 10, 2017","format":false,"excerpt":"\r The rich get richer Parcels of land on the outskirts of Shanghai are being acquired at record-low prices. redstone\/Shutterstock Plots of land in several mainland China cities are rapidly being snapped up by the country\u2019s leading developers at knock-down prices, with cooling measures meaning smaller firms scarcely get a\u2026","rel":"","context":"In "Property News"","img":{"alt_text":"","src":"","width":0,"height":0},"classes":[]},{"id":123217,"url":"https:\/\/www.siamlandbank.com\/propertynews\/property-news\/chinese-state-developers-step-up-land-auction-activity-to-rescue-local-governments\/","url_meta":{"origin":55805,"position":5},"title":"Chinese state developers step up land auction activity to rescue local governments","date":"November 14, 2021","format":false,"excerpt":"\r Evergrande and other private sector groups have been driven to the edge of bankruptcy\r \r Source : ft.com\r Read more...Chinese state developers step up land auction activity to rescue local governments","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\/55805"}],"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=55805"}],"version-history":[{"count":0,"href":"https:\/\/www.siamlandbank.com\/propertynews\/wp-json\/wp\/v2\/posts\/55805\/revisions"}],"wp:attachment":[{"href":"https:\/\/www.siamlandbank.com\/propertynews\/wp-json\/wp\/v2\/media?parent=55805"}],"wp:term":[{"taxonomy":"category","embeddable":true,"href":"https:\/\/www.siamlandbank.com\/propertynews\/wp-json\/wp\/v2\/categories?post=55805"},{"taxonomy":"post_tag","embeddable":true,"href":"https:\/\/www.siamlandbank.com\/propertynews\/wp-json\/wp\/v2\/tags?post=55805"}],"curies":[{"name":"wp","href":"https:\/\/api.w.org\/{rel}","templated":true}]}}