{"id":92578,"date":"2018-06-27T04:03:39","date_gmt":"2018-06-26T21:03:39","guid":{"rendered":"http:\/\/www.siamlandbank.com\/propertynews\/property-news\/buyers-have-turned-crazy-chinas-silicon-valley-closes-home-buying-loophole-as-sentiment-borders-on-mania\/"},"modified":"2018-06-27T05:03:07","modified_gmt":"2018-06-26T22:03:07","slug":"buyers-have-turned-crazy-chinas-silicon-valley-closes-home-buying-loophole-as-sentiment-borders-on-mania","status":"publish","type":"post","link":"https:\/\/www.siamlandbank.com\/propertynews\/property-news\/buyers-have-turned-crazy-chinas-silicon-valley-closes-home-buying-loophole-as-sentiment-borders-on-mania\/","title":{"rendered":"\u2018Buyers have turned crazy\u2019; China\u2019s \u2018Silicon Valley\u2019 closes home-buying loophole as sentiment borders on mania"},"content":{"rendered":"


\nAuthorities in Hangzhou moved to prohibit corporate buying of housing, closing what some believe was a loophole that gave an unfair advantage to some purchasers under the lottery system, the latest measures to calm the city\u2019s blistering residential market.
\nIn statement published online Tuesday, the Hangzhou Housing Security and Management Bureau said it had suspended all purchases of new and pre-owned residential property by corporate and institutional buyers.
\nThe administrative measure…
\n
\nSource : South China Morning Post
\nRead more…\u2018Buyers have turned crazy\u2019; China\u2019s \u2018Silicon Valley\u2019 closes home-buying loophole as sentiment borders on mania<\/a><\/p>\n","protected":false},"excerpt":{"rendered":"

Authorities in Hangzhou moved to prohibit corporate buying of housing, closing what some believe was...<\/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-92578","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-o5c","jetpack-related-posts":[{"id":93169,"url":"https:\/\/www.siamlandbank.com\/propertynews\/property-news\/chinas-silicon-valley-closes-home-buying-loophole-as-sentiment-borders-on-mania\/","url_meta":{"origin":92578,"position":0},"title":"China\u2019s \u2018Silicon Valley\u2019 closes home-buying loophole as sentiment borders on mania","date":"June 27, 2018","format":false,"excerpt":"\r Authorities in Hangzhou moved to prohibit corporate buying of housing, closing what some believe was a loophole that gave an unfair advantage to some purchasers under the lottery system, the latest measures to calm the city\u2019s blistering residential market. In statement published online Tuesday, the Hangzhou Housing Security and\u2026","rel":"","context":"In "Property News"","img":{"alt_text":"","src":"","width":0,"height":0},"classes":[]},{"id":124233,"url":"https:\/\/www.siamlandbank.com\/propertynews\/property-news\/property-buying-frenzy-cools-in-shenzhen-as-investors-stay-away-from-new-residential-projects-in-chinas-silicon-valley\/","url_meta":{"origin":92578,"position":1},"title":"Property buying frenzy cools in Shenzhen as investors stay away from new residential projects in China\u2019s Silicon Valley","date":"January 14, 2022","format":false,"excerpt":"\r The chill sweeping through China\u2019s housing market is being felt in Shenzhen, China\u2019s Silicon Valley. There are few takers for houses in the once red-hot market as buyers are watching from the sidelines since the start of this year.The 353-unit Shangjing, the year\u2019s first launch on January 2, has\u2026","rel":"","context":"In "Property News"","img":{"alt_text":"","src":"","width":0,"height":0},"classes":[]},{"id":26736,"url":"https:\/\/www.siamlandbank.com\/propertynews\/property-news\/g20-hangzhou-hangover\/","url_meta":{"origin":92578,"position":2},"title":"G20 Hangzhou hangover","date":"September 21, 2016","format":false,"excerpt":"\r Panic buying strikes again in China Qianjiang CBD in Hangzhou. Zhao jian kang \/ Shutterstock Trying to douse scalding residential property values in Hangzhou after it hosted the G20 summit, housing authorities inadvertently catapulted sales to record heights. Around 5,105 homes were snapped up in the city on Sunday,\u2026","rel":"","context":"In "Property News"","img":{"alt_text":"","src":"","width":0,"height":0},"classes":[]},{"id":112152,"url":"https:\/\/www.siamlandbank.com\/propertynews\/property-news\/shenzhens-buyers-snap-up-new-homes-two-weekends-in-a-row-defying-a-government-plan-to-flood-chinas-silicon-valley-with-cheap-public-abodes\/","url_meta":{"origin":92578,"position":3},"title":"Shenzhen\u2019s buyers snap up new homes two weekends in a row, defying a government plan to flood China\u2019s Silicon Valley with cheap public abodes","date":"November 5, 2019","format":false,"excerpt":"\r Shenzhen\u2019s homebuyers are rushing to snap up newly completed residential property, ignoring a plan by the local authority to flood the market with 1 million cheap public housing flats.Sales of new homes increased for two consecutive weekends, after the city\u2019s government announced an ambitious plan to add a million\u2026","rel":"","context":"In "Property News"","img":{"alt_text":"","src":"","width":0,"height":0},"classes":[]},{"id":118637,"url":"https:\/\/www.siamlandbank.com\/propertynews\/property-news\/shenzhen-launches-marital-information-sharing-system-with-banks-to-prevent-speculators-from-posing-as-first-time-buyers\/","url_meta":{"origin":92578,"position":4},"title":"Shenzhen launches marital information-sharing system with banks to prevent speculators from posing as first-time buyers","date":"September 16, 2020","format":false,"excerpt":"\r Shenzhen, China\u2019s answer to Silicon Valley, has set up an information-sharing system that will allow banks to access homebuyers\u2019 marital status, closing a loophole that let married buyers amass property by submitting forged divorce papers and posing as first-time buyers.The city currently allows married couples to buy no more\u2026","rel":"","context":"In "Property News"","img":{"alt_text":"","src":"","width":0,"height":0},"classes":[]},{"id":172036,"url":"https:\/\/www.siamlandbank.com\/propertynews\/property-news\/thai-property-crackdown-foreign-buyers-hit-pause-on-villas-as-nominee-loophole-closes\/","url_meta":{"origin":92578,"position":5},"title":"Thai property crackdown: Foreign buyers hit pause on villas as nominee loophole closes","date":"June 21, 2026","format":false,"excerpt":"\r Thailand\u2019s crackdown on a loophole that effectively bypasses its restrictions on land ownership by foreigners is causing prospective buyers to delay purchase decisions on luxury villas in resort destinations such as Phuket and Koh Samui, according to agents. Bangkok has stepped up its scrutiny of business and property ownership\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\/92578"}],"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=92578"}],"version-history":[{"count":0,"href":"https:\/\/www.siamlandbank.com\/propertynews\/wp-json\/wp\/v2\/posts\/92578\/revisions"}],"wp:attachment":[{"href":"https:\/\/www.siamlandbank.com\/propertynews\/wp-json\/wp\/v2\/media?parent=92578"}],"wp:term":[{"taxonomy":"category","embeddable":true,"href":"https:\/\/www.siamlandbank.com\/propertynews\/wp-json\/wp\/v2\/categories?post=92578"},{"taxonomy":"post_tag","embeddable":true,"href":"https:\/\/www.siamlandbank.com\/propertynews\/wp-json\/wp\/v2\/tags?post=92578"}],"curies":[{"name":"wp","href":"https:\/\/api.w.org\/{rel}","templated":true}]}}