{"id":94611,"date":"2018-07-25T07:03:33","date_gmt":"2018-07-25T00:03:33","guid":{"rendered":"http:\/\/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\/"},"modified":"2018-07-25T08:04:12","modified_gmt":"2018-07-25T01:04:12","slug":"shanghai-scraps-land-sales-worth-us1-5-billion-in-20-days-as-developers-lost-mood-to-shop-amid-tightened-controls-and-glut","status":"publish","type":"post","link":"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\/","title":{"rendered":"Shanghai scraps land sales worth US$1.5 billion in 20 days as developers lost mood to shop amid tightened controls and glut"},"content":{"rendered":"


\nShanghai 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.
\nThe latest abandoned bidding for a prime site in Yangpu district to sell from a starting price of 4.6 billion yuan, brought cancelled land auctions this month to five, according to an announcement on the Shanghai Land Market website on Monday. It did not give reasons for the cancellation, but…
\n
\nSource : South China Morning Post
\nRead more…Shanghai scraps land sales worth US.5 billion in 20 days as developers lost mood to shop amid tightened controls and glut<\/a><\/p>\n","protected":false},"excerpt":{"rendered":"

Shanghai has cancelled five planned land sales worth a total of 10 billion yuan (US$1.47...<\/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-94611","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-oBZ","jetpack-related-posts":[{"id":37954,"url":"https:\/\/www.siamlandbank.com\/propertynews\/property-news\/shanghai-developer-cifis-over-370-million-yuan-land-bid-deposit-forfeited-by-government\/","url_meta":{"origin":94611,"position":0},"title":"Shanghai developer CIFI\u2019s over 370 million yuan land bid deposit forfeited by government","date":"December 13, 2016","format":false,"excerpt":"\r In a rare move, the Shanghai city authorities have withheld land security deposits worth up to 374 million yuan from a major developer, citing irregularities, amid the government clamp down on property speculation to cool the overheated market. Shanghai-based CIFI Holdings \u2013 one of the country\u2019s top 20 Chinese\u2026","rel":"","context":"In "Property News"","img":{"alt_text":"","src":"","width":0,"height":0},"classes":[]},{"id":71975,"url":"https:\/\/www.siamlandbank.com\/propertynews\/property-news\/2017s-first-decline-in-bank-loans-for-property-development-after-state-controls-chill-shanghai-market\/","url_meta":{"origin":94611,"position":1},"title":"2017\u2019s first decline in bank loans for property development after state controls chill Shanghai market","date":"November 16, 2017","format":false,"excerpt":"\r Bank 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. Loans to developers declined by 3.6 billion yuan (US$542 million) in October compared with September, when loans\u2026","rel":"","context":"In "Property News"","img":{"alt_text":"","src":"","width":0,"height":0},"classes":[]},{"id":44906,"url":"https:\/\/www.siamlandbank.com\/propertynews\/property-news\/shanghai-beijing-land-markets-cool-as-funding-constraints-squeeze-developers\/","url_meta":{"origin":94611,"position":2},"title":"Shanghai, Beijing land markets cool as funding constraints squeeze developers","date":"February 21, 2017","format":false,"excerpt":"\r A dramatic fall in the premiums being paid for land in Beijing and Shanghai suggests government efforts to cool the market by placing tough financing constraints on developers are having a profound effect. Five parcels of land in the two cities sold at auction last week at premiums that\u2026","rel":"","context":"In "Property News"","img":{"alt_text":"","src":"","width":0,"height":0},"classes":[]},{"id":103154,"url":"https:\/\/www.siamlandbank.com\/propertynews\/property-news\/recovering-confidence-china-property-developer-buys-two-sites-in-beijing-shanghai-for-us1-8-billion\/","url_meta":{"origin":94611,"position":3},"title":"\u2018Recovering confidence\u2019: China property developer buys two sites in Beijing, Shanghai for US$1.8 billion","date":"January 21, 2019","format":false,"excerpt":"\r Sunac China Holdings, one of the country\u2019s biggest property developers, has bought two sites in Beijing and Shanghai worth 12.5 billion yuan (US$1.83 billion), it said on Monday. Sunac Real Estate, a subsidiary, has acquired a 100 per cent stake in Oceanwide Construction Holdings, a property unit of Shenzhen-listed\u2026","rel":"","context":"In "Property News"","img":{"alt_text":"","src":"","width":0,"height":0},"classes":[]},{"id":108260,"url":"https:\/\/www.siamlandbank.com\/propertynews\/property-news\/ck-asset-sells-44-per-cent-of-flats-during-weekend-sale-at-shanghai-residential-project-as-location-price-controls-draw-buyers\/","url_meta":{"origin":94611,"position":4},"title":"CK Asset sells 44 per cent of flats during weekend sale at Shanghai residential project as location, price controls draw buyers","date":"June 19, 2019","format":false,"excerpt":"\r Beijing\u2019s curbs on how much \u00addevelopers can charge for homes has helped \u00adignite sales, especially at the \u00adupper end of the market, as buyers snapped up nearly 500 flats at a prime project in Shanghai at \u00adprices 10 per cent lower than a similar development.The sale, at CK Asset\u2026","rel":"","context":"In "Property News"","img":{"alt_text":"","src":"","width":0,"height":0},"classes":[]},{"id":21072,"url":"https:\/\/www.siamlandbank.com\/propertynews\/property-news\/gemdale-is-new-land-king-with-8-8-billion-yuan-purchase-of-shanghai-plot\/","url_meta":{"origin":94611,"position":5},"title":"Gemdale is new \u2018land king\u2019 with 8.8 billion yuan purchase of Shanghai plot","date":"July 27, 2016","format":false,"excerpt":"\r Gemdale Group on Wednesday morning beat out more than 20 bidders to snap up a plot of land near Shanghai\u2019s Pudong International airport for 8.8 billion yuan (HKD$ 10.2 billion), the most expensive site sold in Shanghai this year.\r \r Source : South China Morning Post\r Read more...Gemdale is\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\/94611"}],"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=94611"}],"version-history":[{"count":0,"href":"https:\/\/www.siamlandbank.com\/propertynews\/wp-json\/wp\/v2\/posts\/94611\/revisions"}],"wp:attachment":[{"href":"https:\/\/www.siamlandbank.com\/propertynews\/wp-json\/wp\/v2\/media?parent=94611"}],"wp:term":[{"taxonomy":"category","embeddable":true,"href":"https:\/\/www.siamlandbank.com\/propertynews\/wp-json\/wp\/v2\/categories?post=94611"},{"taxonomy":"post_tag","embeddable":true,"href":"https:\/\/www.siamlandbank.com\/propertynews\/wp-json\/wp\/v2\/tags?post=94611"}],"curies":[{"name":"wp","href":"https:\/\/api.w.org\/{rel}","templated":true}]}}