{"id":71975,"date":"2017-11-16T13:45:44","date_gmt":"2017-11-16T06:45:44","guid":{"rendered":"http:\/\/www.siamlandbank.com\/propertynews\/property-news\/2017s-first-decline-in-bank-loans-for-property-development-after-state-controls-chill-shanghai-market\/"},"modified":"2017-11-16T14:03:04","modified_gmt":"2017-11-16T07:03:04","slug":"2017s-first-decline-in-bank-loans-for-property-development-after-state-controls-chill-shanghai-market","status":"publish","type":"post","link":"https:\/\/www.siamlandbank.com\/propertynews\/property-news\/2017s-first-decline-in-bank-loans-for-property-development-after-state-controls-chill-shanghai-market\/","title":{"rendered":"2017\u2019s first decline in bank loans for property development after state controls chill Shanghai market"},"content":{"rendered":"


\nBank loans to local developers in Shanghai recorded their first month-on-month decline for 2017 in October, after a slump in home sales and a bleak outlook curbed the appetite for new construction.
\nLoans to developers declined by 3.6 billion yuan (US$542 million) in October compared with September, when loans increased by 11.7 billion yuan, according to the central bank\u2019s Shanghai head office. Growth in mortgages also slowed, as individuals secured 6 billion yuan more from banks compared…
\n
\nSource : South China Morning Post
\nRead more…2017\u2019s first decline in bank loans for property development after state controls chill Shanghai market<\/a><\/p>\n","protected":false},"excerpt":{"rendered":"

Bank loans to local developers in Shanghai recorded their first month-on-month decline for 2017 in...<\/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-71975","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-iIT","jetpack-related-posts":[{"id":94611,"url":"https:\/\/www.siamlandbank.com\/propertynews\/property-news\/shanghai-scraps-land-sales-worth-us1-5-billion-in-20-days-as-developers-lost-mood-to-shop-amid-tightened-controls-and-glut\/","url_meta":{"origin":71975,"position":0},"title":"Shanghai scraps land sales worth US$1.5 billion in 20 days as developers lost mood to shop amid tightened controls and glut","date":"July 25, 2018","format":false,"excerpt":"\r Shanghai has cancelled five planned land sales worth a total of 10 billion yuan (US$1.47 billion) in 20 days, underscoring dampened appetite of developers weighed on by tightened funding and tepid sales. The latest abandoned bidding for a prime site in Yangpu district to sell from a starting price\u2026","rel":"","context":"In "Property News"","img":{"alt_text":"","src":"","width":0,"height":0},"classes":[]},{"id":147108,"url":"https:\/\/www.siamlandbank.com\/propertynews\/property-news\/china-court-orders-developer-sre-to-sell-majority-stake-in-shanghai-venture-to-repay-loans\/","url_meta":{"origin":71975,"position":1},"title":"China court orders developer SRE to sell majority stake in Shanghai venture to repay loans","date":"September 19, 2024","format":false,"excerpt":"\r The action comes after units of SRE failed to pay 4.45 billion yuan (US$627 million) in debts, the company said in a Hong Kong filing.\r \r Source : South China Morning Post\r Read more...China court orders developer SRE to sell majority stake in Shanghai venture to repay loans","rel":"","context":"In "Property News"","img":{"alt_text":"","src":"","width":0,"height":0},"classes":[]},{"id":122060,"url":"https:\/\/www.siamlandbank.com\/propertynews\/property-news\/hysan-snaps-up-shanghai-building-for-3-5-billion-yuan-and-says-it-aims-to-create-another-lee-gardens-in-city\/","url_meta":{"origin":71975,"position":2},"title":"Hysan snaps up Shanghai building for 3.5 billion yuan and says it aims to create another Lee Gardens in city","date":"September 18, 2021","format":false,"excerpt":"\r Hysan Development is expanding into Shanghai\u2019s commercial market with the 3.5 billion yuan (US$542 million) acquisition of a 24-storey building in which CK Asset Holdings has a controlling stake, with the aim of recreating another Lee Gardens in the mainland city, according to a company announcement late Friday.\u201cThis acquisition\u2026","rel":"","context":"In "Property News"","img":{"alt_text":"","src":"","width":0,"height":0},"classes":[]},{"id":108260,"url":"https:\/\/www.siamlandbank.com\/propertynews\/property-news\/ck-asset-sells-44-per-cent-of-flats-during-weekend-sale-at-shanghai-residential-project-as-location-price-controls-draw-buyers\/","url_meta":{"origin":71975,"position":3},"title":"CK Asset sells 44 per cent of flats during weekend sale at Shanghai residential project as location, price controls draw buyers","date":"June 19, 2019","format":false,"excerpt":"\r Beijing\u2019s curbs on how much \u00addevelopers can charge for homes has helped \u00adignite sales, especially at the \u00adupper end of the market, as buyers snapped up nearly 500 flats at a prime project in Shanghai at \u00adprices 10 per cent lower than a similar development.The sale, at CK Asset\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":71975,"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":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":71975,"position":5},"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":[]}],"_links":{"self":[{"href":"https:\/\/www.siamlandbank.com\/propertynews\/wp-json\/wp\/v2\/posts\/71975"}],"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=71975"}],"version-history":[{"count":0,"href":"https:\/\/www.siamlandbank.com\/propertynews\/wp-json\/wp\/v2\/posts\/71975\/revisions"}],"wp:attachment":[{"href":"https:\/\/www.siamlandbank.com\/propertynews\/wp-json\/wp\/v2\/media?parent=71975"}],"wp:term":[{"taxonomy":"category","embeddable":true,"href":"https:\/\/www.siamlandbank.com\/propertynews\/wp-json\/wp\/v2\/categories?post=71975"},{"taxonomy":"post_tag","embeddable":true,"href":"https:\/\/www.siamlandbank.com\/propertynews\/wp-json\/wp\/v2\/tags?post=71975"}],"curies":[{"name":"wp","href":"https:\/\/api.w.org\/{rel}","templated":true}]}}