{"id":99598,"date":"2018-10-11T07:31:34","date_gmt":"2018-10-11T00:31:34","guid":{"rendered":"http:\/\/www.siamlandbank.com\/propertynews\/property-news\/china-vanke-slashes-project-price-by-40-per-cent-offers-200000-yuan-to-first-round-of-homebuyers-for-design-change\/"},"modified":"2018-10-11T08:03:11","modified_gmt":"2018-10-11T01:03:11","slug":"china-vanke-slashes-project-price-by-40-per-cent-offers-200000-yuan-to-first-round-of-homebuyers-for-design-change","status":"publish","type":"post","link":"https:\/\/www.siamlandbank.com\/propertynews\/property-news\/china-vanke-slashes-project-price-by-40-per-cent-offers-200000-yuan-to-first-round-of-homebuyers-for-design-change\/","title":{"rendered":"China Vanke slashes project price by 40 per cent, offers 200,000 yuan to first round of homebuyers for \u2018design change\u2019"},"content":{"rendered":"<p>&#013;<br \/>\nChina Vanke, the country\u2019s second-largest property developer by sales, on Wednesday said it was offering 200,000 yuan (US$28,800) in compensation to buyers at its Shoukai-Vanke Bailujun Project in Xiamen for \u201cdesign adjustments\u201d.<br \/>\nThe offer comes after Vanke recently lowered the selling prices of the project, which has been on sale since October 2017, by 40 per cent. A 92 square metre fully furnished house with a car park was being sold for 5 million yuan. Last month, the&#8230;&#013;<br \/>\n&#013;<br \/>\nSource : South China Morning Post&#013;<br \/>\nRead more&#8230;<a href=\"https:\/\/www.scmp.com\/business\/article\/2167961\/china-vanke-slashes-project-price-40-cent-offers-200000-yuan-first-round\" target=\"_blank\">China Vanke slashes project price by 40 per cent, offers 200,000 yuan to first round of homebuyers for \u2018design change\u2019<\/a><\/p>\n","protected":false},"excerpt":{"rendered":"<p>&#013; China Vanke, the country\u2019s second-largest property developer by sales, on Wednesday said it was offering&#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-99598","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-pUq","jetpack-related-posts":[{"id":125688,"url":"https:\/\/www.siamlandbank.com\/propertynews\/property-news\/vanke-zhenro-and-china-overseas-post-falling-profits-as-clampdown-adds-to-dimming-economic-prospects-in-driving-homebuyers-to-the-sidelines\/","url_meta":{"origin":99598,"position":0},"title":"Vanke, Zhenro and China Overseas post falling profits as clampdown adds to dimming economic prospects in driving homebuyers to the sidelines","date":"April 1, 2022","format":false,"excerpt":"\r Several Chinese property developers have reported plunging 2021 profits, as a clampdown on home prices combined with dimming economic prospects to deter buyers from committing to big-ticket purchases during the Covid-19 pandemic. China Vanke, the country\u2019s third-largest real estate company by sales, said its core net profit halved to\u2026","rel":"","context":"In &quot;Property News&quot;","img":{"alt_text":"","src":"","width":0,"height":0},"classes":[]},{"id":56090,"url":"https:\/\/www.siamlandbank.com\/propertynews\/property-news\/shui-on-land-sells-chongqing-assets-to-china-vanke-for-4-1-billion-yuan\/","url_meta":{"origin":99598,"position":1},"title":"Shui On Land sells Chongqing assets to China Vanke for 4.1 billion yuan","date":"May 27, 2017","format":false,"excerpt":"\r Shui On Land, the property developer founded by tycoon Vincent Lo Hong-sui, has sold one of its largest mixed commercial projects in mainland China for 4.1 billion yuan (US$596.3 million). In a statement to the Hong Kong stock exchange on Friday night, Shui On said it would reap a\u2026","rel":"","context":"In &quot;Property News&quot;","img":{"alt_text":"","src":"","width":0,"height":0},"classes":[]},{"id":105453,"url":"https:\/\/www.siamlandbank.com\/propertynews\/property-news\/china-evergrande-and-china-vanke-report-profit-gains-and-high-debt-ratios-during-2018\/","url_meta":{"origin":99598,"position":2},"title":"China Evergrande and China Vanke report profit gains and high debt ratios during 2018","date":"March 27, 2019","format":false,"excerpt":"\r Mainland property developers China Vanke and China Evergrande Group reported upbeat profit results for 2018, along with higher debt levels.Evergrande, chaired by billionaire Hui Ka-yan, saw core profit jump 93.3 per cent to 78.32 billion yuan (US$11.88 billion) for the year, up 93.3 per cent on year, while revenue\u2026","rel":"","context":"In &quot;Property News&quot;","img":{"alt_text":"","src":"","width":0,"height":0},"classes":[]},{"id":49714,"url":"https:\/\/www.siamlandbank.com\/propertynews\/property-news\/china-vanke-profit-climbs-16-per-cent-beating-forecasts\/","url_meta":{"origin":99598,"position":3},"title":"China Vanke profit climbs 16 per cent, beating forecasts","date":"March 26, 2017","format":false,"excerpt":"\r China Vanke, the property giant which has just emerged from a 16-month shareholders\u2019 battle, announced a better than expected 16 per cent net profit growth for 2016. Net profit for the year amounted to 21.02 billion yuan (US$3.05 billion), or 1.9 yuan per share, up 16 per cent from\u2026","rel":"","context":"In &quot;Property News&quot;","img":{"alt_text":"","src":"","width":0,"height":0},"classes":[]},{"id":102696,"url":"https:\/\/www.siamlandbank.com\/propertynews\/property-news\/record-high-sales-at-chinese-developer-vanke-which-unveiled-to-survive-slogan-in-2018\/","url_meta":{"origin":99598,"position":4},"title":"Record high sales at Chinese developer Vanke, which unveiled \u2018to survive\u2019 slogan, in 2018","date":"January 4, 2019","format":false,"excerpt":"\r China Vanke, mainland China\u2019s second-largest property developer by sales, said on Friday it generated 606.95 billion yuan (US$88.28 billion) in sales last year, a record high for the company. Vanke said contracted sales in December were up by 8 per cent compared with the previous month, generating 63.01 billion\u2026","rel":"","context":"In &quot;Property News&quot;","img":{"alt_text":"","src":"","width":0,"height":0},"classes":[]},{"id":32487,"url":"https:\/\/www.siamlandbank.com\/propertynews\/property-news\/china-evergrande-lifts-stake-in-vanke-to-7-per-cent\/","url_meta":{"origin":99598,"position":5},"title":"China Evergrande lifts stake in Vanke to 7 per cent","date":"November 1, 2016","format":false,"excerpt":"\r Property giant China Evergrande Group has further raised its stake in rival China Vanke to 7 per cent from 6.82 per cent, according to a stock exchange statement. Vanke\u2019s Hong Kong shares hit a two-month high of HK$20.9 by 10:53 am. Its shares in Shenzhen also rose 0.8 per\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\/99598"}],"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=99598"}],"version-history":[{"count":0,"href":"https:\/\/www.siamlandbank.com\/propertynews\/wp-json\/wp\/v2\/posts\/99598\/revisions"}],"wp:attachment":[{"href":"https:\/\/www.siamlandbank.com\/propertynews\/wp-json\/wp\/v2\/media?parent=99598"}],"wp:term":[{"taxonomy":"category","embeddable":true,"href":"https:\/\/www.siamlandbank.com\/propertynews\/wp-json\/wp\/v2\/categories?post=99598"},{"taxonomy":"post_tag","embeddable":true,"href":"https:\/\/www.siamlandbank.com\/propertynews\/wp-json\/wp\/v2\/tags?post=99598"}],"curies":[{"name":"wp","href":"https:\/\/api.w.org\/{rel}","templated":true}]}}