{"id":93069,"date":"2018-07-03T20:48:41","date_gmt":"2018-07-03T13:48:41","guid":{"rendered":"http:\/\/www.siamlandbank.com\/propertynews\/property-news\/shanghai-cracks-down-on-home-purchases-by-companies-in-latest-bid-to-curb-prices\/"},"modified":"2018-07-03T21:03:01","modified_gmt":"2018-07-03T14:03:01","slug":"shanghai-cracks-down-on-home-purchases-by-companies-in-latest-bid-to-curb-prices","status":"publish","type":"post","link":"https:\/\/www.siamlandbank.com\/propertynews\/property-news\/shanghai-cracks-down-on-home-purchases-by-companies-in-latest-bid-to-curb-prices\/","title":{"rendered":"Shanghai cracks down on home purchases by companies in latest bid to curb prices"},"content":{"rendered":"<p>&#013;<br \/>\nAuthorities in the Chinese city of Shanghai have tightened rules on companies buying property in their latest attempt to curb runaway housing prices.<br \/>\nAccording to the Shanghai Commission of Housing and Urban-Rural Development, companies with less than five years of operations will be barred from buying homes in the city, effective from Tuesday. At the same time, corporate buyers will not be eligible for home purchases unless their total tax payments have surpassed 1 million yuan (US$150,375)&#8230;.&#013;<br \/>\n&#013;<br \/>\nSource : South China Morning Post&#013;<br \/>\nRead more&#8230;<a href=\"http:\/\/www.scmp.com\/business\/china-business\/article\/2153646\/shanghai-cracks-down-home-purchases-companies-latest-bid\" target=\"_blank\">Shanghai cracks down on home purchases by companies in latest bid to curb prices<\/a><\/p>\n","protected":false},"excerpt":{"rendered":"<p>&#013; Authorities in the Chinese city of Shanghai have tightened rules on companies buying property in&#46;&#46;&#46;<\/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-93069","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-od7","jetpack-related-posts":[{"id":9062,"url":"https:\/\/www.siamlandbank.com\/propertynews\/property-news\/shanghai-tightens-rules-on-buying-second-homes-to-cap-soaring-property-prices\/","url_meta":{"origin":93069,"position":0},"title":"Shanghai tightens rules on buying second homes to cap soaring property prices","date":"March 25, 2016","format":false,"excerpt":"\r Shanghai has increased mortgage down payments, raised the threshold for non-locals\u2019 home purchases and tightened oversight on financing through the shadow banking system to rein in its overheated property market.\r \r Source : South China Morning Post\r Read more...Shanghai tightens rules on buying second homes to cap soaring property\u2026","rel":"","context":"In &quot;Property News&quot;","img":{"alt_text":"","src":"","width":0,"height":0},"classes":[]},{"id":29475,"url":"https:\/\/www.siamlandbank.com\/propertynews\/property-news\/shui-on-set-to-smash-shanghai-property-price-record-with-latest-units-in-xintiandi-expected-to-fetch-300000-yuansq-m\/","url_meta":{"origin":93069,"position":1},"title":"Shui On set to smash Shanghai property price record with latest units in Xintiandi expected to fetch 300,000 yuan\/sq m","date":"October 11, 2016","format":false,"excerpt":"\r Shui On Land\u2019s soon-to-be released Lakeville Luxe residential development in Xintiandi, Shanghai\u2019s bar and shopping district, could set record-breaking prices for the city, just as a new round of cooling measures are introduced to curb price growth. The priciest unit in the upcoming batch of 50 units at Tower\u2026","rel":"","context":"In &quot;Property News&quot;","img":{"alt_text":"","src":"","width":0,"height":0},"classes":[]},{"id":25853,"url":"https:\/\/www.siamlandbank.com\/propertynews\/property-news\/chinas-residential-market-to-stay-strong-in-2017-says-citigroup\/","url_meta":{"origin":93069,"position":2},"title":"China\u2019s residential market to stay strong in 2017, says Citigroup","date":"September 12, 2016","format":false,"excerpt":"\r Don\u2019t expect any tightening in liquidity, assures leading property research analyst Shanghai lights. iakov kalinin\/Shutterstock China\u2019s housing market will remain strong next year according to Citigroup, despite reaching new highs in 2016 with the central government making moves to maintain market sentiment while clearing oversupply in smaller cities. \u201cUnsold\u2026","rel":"","context":"In &quot;Property News&quot;","img":{"alt_text":"","src":"","width":0,"height":0},"classes":[]},{"id":123808,"url":"https:\/\/www.siamlandbank.com\/propertynews\/property-news\/shanghai-banks-urged-to-lend-to-developers-building-rental-homes-in-bid-to-increase-affordable-housing\/","url_meta":{"origin":93069,"position":3},"title":"Shanghai banks urged to lend to developers building rental homes in bid to increase affordable housing","date":"December 15, 2021","format":false,"excerpt":"\r A raft of developers in Shanghai have received a shot in the arm as the banking authorities encouraged local lenders to grant them fresh credit to build rental homes.The Shanghai headquarters of the People\u2019s Bank of China\u2019s and the local branch of the China Banking and Insurance Regulatory Commission\u2026","rel":"","context":"In &quot;Property News&quot;","img":{"alt_text":"","src":"","width":0,"height":0},"classes":[]},{"id":28233,"url":"https:\/\/www.siamlandbank.com\/propertynews\/property-news\/chinese-property-surge-leads-some-cities-to-ban-multiple-home-ownership\/","url_meta":{"origin":93069,"position":4},"title":"Chinese property surge leads some cities to ban multiple home ownership","date":"October 2, 2016","format":false,"excerpt":"\r Local governments in six Chinese cities tightened rules for home purchases over the past three days in a bid to damp resurgent demand and rein in excessive speculation.Authorities in the six metropolitan areas introduced measures ranging from raising down-payment requirements for both first and second homes to ruling some\u2026","rel":"","context":"In &quot;Property News&quot;","img":{"alt_text":"","src":"","width":0,"height":0},"classes":[]},{"id":28225,"url":"https:\/\/www.siamlandbank.com\/propertynews\/property-news\/chinese-cities-fight-property-speculation-with-home-purchase-reforms\/","url_meta":{"origin":93069,"position":5},"title":"Chinese cities fight property speculation with home purchase reforms","date":"October 2, 2016","format":false,"excerpt":"\r Local governments in six Chinese cities tightened rules for home purchases over the past three days in a bid to damp resurgent demand and rein in excessive speculation.Authorities in the six metropolitan areas introduced measures ranging from raising down-payment requirements for both first and second homes to ruling some\u2026","rel":"","context":"In &quot;Property News&quot;","img":{"alt_text":"","src":"","width":0,"height":0},"classes":[]}],"_links":{"self":[{"href":"https:\/\/www.siamlandbank.com\/propertynews\/wp-json\/wp\/v2\/posts\/93069"}],"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=93069"}],"version-history":[{"count":0,"href":"https:\/\/www.siamlandbank.com\/propertynews\/wp-json\/wp\/v2\/posts\/93069\/revisions"}],"wp:attachment":[{"href":"https:\/\/www.siamlandbank.com\/propertynews\/wp-json\/wp\/v2\/media?parent=93069"}],"wp:term":[{"taxonomy":"category","embeddable":true,"href":"https:\/\/www.siamlandbank.com\/propertynews\/wp-json\/wp\/v2\/categories?post=93069"},{"taxonomy":"post_tag","embeddable":true,"href":"https:\/\/www.siamlandbank.com\/propertynews\/wp-json\/wp\/v2\/tags?post=93069"}],"curies":[{"name":"wp","href":"https:\/\/api.w.org\/{rel}","templated":true}]}}