{"id":98040,"date":"2018-09-18T09:18:10","date_gmt":"2018-09-18T02:18:10","guid":{"rendered":"http:\/\/www.siamlandbank.com\/propertynews\/property-news\/beijings-sluggish-property-market-to-face-a-glut-with-planned-sale-of-66-land-sites-in-the-near-term\/"},"modified":"2018-09-18T10:04:01","modified_gmt":"2018-09-18T03:04:01","slug":"beijings-sluggish-property-market-to-face-a-glut-with-planned-sale-of-66-land-sites-in-the-near-term","status":"publish","type":"post","link":"https:\/\/www.siamlandbank.com\/propertynews\/property-news\/beijings-sluggish-property-market-to-face-a-glut-with-planned-sale-of-66-land-sites-in-the-near-term\/","title":{"rendered":"Beijing\u2019s sluggish property market to face a glut with planned sale of 66 land sites in the \u2018near term\u2019"},"content":{"rendered":"


\nBeijing\u2019s property industry is likely to face a glut as the government plans to sell more land sites that will offer at least two times the developable area available this year, an amount which could take the market two years to soak up.
\nThe city\u2019s land commission revealed that it will offer 66 plots that can be developed into 9.3 million square metres of gross floor area in the \u201cnear term\u201d last Wednesday, weighing further on developers\u2019 waning interest to buy land…
\n
\nSource : South China Morning Post
\nRead more…Beijing\u2019s sluggish property market to face a glut with planned sale of 66 land sites in the \u2018near term\u2019<\/a><\/p>\n","protected":false},"excerpt":{"rendered":"

Beijing\u2019s property industry is likely to face a glut as the government plans to sell...<\/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-98040","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-pvi","jetpack-related-posts":[{"id":123685,"url":"https:\/\/www.siamlandbank.com\/propertynews\/property-news\/outlook-dims-on-kai-taks-waterfront-land-as-hong-kongs-northern-metropolis-plan-and-land-conversion-add-to-citys-supply-glut\/","url_meta":{"origin":98040,"position":0},"title":"Outlook dims on Kai Tak\u2019s waterfront land as Hong Kong\u2019s Northern Metropolis plan and land conversion add to city\u2019s supply glut","date":"December 8, 2021","format":false,"excerpt":"\r A distressed sale last week at Hong Kong\u2019s former Kai Tak airport site has clouded the outlook of the city\u2019s property market, as an expected glut of residential land weighs on prices.Five plots of land at Kai Tak, valued together at up to HK$71.3 billion (US$9.15 billion), may fail\u2026","rel":"","context":"In "Property News"","img":{"alt_text":"","src":"","width":0,"height":0},"classes":[]},{"id":149642,"url":"https:\/\/www.siamlandbank.com\/propertynews\/property-news\/too-little-too-late-hong-kongs-land-sale-halt-may-do-little-to-ease-office-supply-glut\/","url_meta":{"origin":98040,"position":1},"title":"\u2018Too little, too late\u2019: Hong Kong\u2019s land sale halt may do little to ease office supply glut","date":"February 26, 2025","format":false,"excerpt":"\r The current oversupply \u2013 expected to reach 3 million square feet (278,710 square metres) in the coming months \u2013 would take between seven and 10 years to digest.\r \r Source : South China Morning Post\r Read more...\u2018Too little, too late\u2019: Hong Kong\u2019s land sale halt may do little to\u2026","rel":"","context":"In "Property News"","img":{"alt_text":"","src":"","width":0,"height":0},"classes":[]},{"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":98040,"position":2},"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":118331,"url":"https:\/\/www.siamlandbank.com\/propertynews\/property-news\/hong-kong-posts-mixed-weekend-sales-results-as-home-buyers-are-spoilt-for-choice-amid-supply-glut-and-easy-financing-options\/","url_meta":{"origin":98040,"position":3},"title":"Hong Kong posts mixed weekend sales results as home buyers are spoilt for choice amid supply glut and easy financing options","date":"August 22, 2020","format":false,"excerpt":"\r Hong Kong\u2019s weekend home sales were mixed as buyers snapped up flats at a relatively new project in Tuen Mun while giving their collective cold shoulder to the double-digit discounts offered at scores of flats left unsold since December in Cheung Sha Wan.Henderson Land Development, the marketing agent for\u2026","rel":"","context":"In "Property News"","img":{"alt_text":"","src":"","width":0,"height":0},"classes":[]},{"id":22339,"url":"https:\/\/www.siamlandbank.com\/propertynews\/property-news\/manhattan-luxury-condo-glut-ends-developer-rush-for-land-deals\/","url_meta":{"origin":98040,"position":4},"title":"Manhattan luxury-condo glut ends developer rush for land deals","date":"August 9, 2016","format":false,"excerpt":"\r New York\u2019s condo slowdown is upending the market for one of the most coveted assets in tightly packed Manhattan: land.\r \r Source : South China Morning Post\r Read more...Manhattan luxury-condo glut ends developer rush for land deals","rel":"","context":"In "Property News"","img":{"alt_text":"","src":"","width":0,"height":0},"classes":[]},{"id":52203,"url":"https:\/\/www.siamlandbank.com\/propertynews\/property-news\/beijings-home-market-enters-deep-freeze\/","url_meta":{"origin":98040,"position":5},"title":"Beijing\u2019s home market enters deep freeze","date":"April 18, 2017","format":false,"excerpt":"\r The property market in Beijing is freezing up after the city government took the lead to step up control measures on home purchases a month ago. Under a spate of heavy-handed curbs launched since March 17, sales in the primary and secondary residential markets in the city have slumped\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\/98040"}],"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=98040"}],"version-history":[{"count":0,"href":"https:\/\/www.siamlandbank.com\/propertynews\/wp-json\/wp\/v2\/posts\/98040\/revisions"}],"wp:attachment":[{"href":"https:\/\/www.siamlandbank.com\/propertynews\/wp-json\/wp\/v2\/media?parent=98040"}],"wp:term":[{"taxonomy":"category","embeddable":true,"href":"https:\/\/www.siamlandbank.com\/propertynews\/wp-json\/wp\/v2\/categories?post=98040"},{"taxonomy":"post_tag","embeddable":true,"href":"https:\/\/www.siamlandbank.com\/propertynews\/wp-json\/wp\/v2\/tags?post=98040"}],"curies":[{"name":"wp","href":"https:\/\/api.w.org\/{rel}","templated":true}]}}