Mainland Developers Challenging HK Cartel on Their Home Turf – and more of today’s China Real Estate Links | July 20, 2012

Here is a list of the day’s latest China real estate news collected from around the web:

• Mainland Developers Challenging HK Cartel on Their Home Turf

  The likes of Sino Land Co. Ltd., Henderson Land Development Co. Ltd. and Cheung Kong (Holdings) Ltd. could be seeing their elite status as property developers shaken up, according to Barclays. The bank notes that there has been an uptick in deals in recent months by small and mid-cap property developers in Hong Kong, as well as increasing interest from mainland players, which it says is “unusual”.

• China PBOC: Outstanding Property Loan Growth Speeds Up

  Outstanding property loans in yuan by major financial institutions in China grew 10.3% at the end of June from a year earlier, 0.2 percentage point higher than at the end of the previous quarter, the central bank said Thursday.The loan data adds to earlier housing price statistics that could signal that the Chinese real estate market may have bottomed out.

• Property investors rush to cash in on China’s new ‘mini-Hong Kong’

  Investors are snapping up property near a proposed $45 billion business zone in the Chinese boom town of Shenzhen, betting that the government’s plans to further open its capital markets with a “mini-Hong Kong” will spur real estate values.Prices for some new residential projects near Qianhai, just an hour by car from Hong Kong, average around 33,800 yuan ($5,300) per square metre.

• Vanke Residential Project in Shanghai Integrates Self-Storage

  A COMPANY is trying a new twist on the idea of warehouse self-storage by putting a project within a local high-end housing compound in suburban Shanghai-even though the self-storage business is still unfamiliar to many local residents.Vanke Group, one of the largest real estate developers in China, is building the storage area in its Vanke City Garden complex in southwest Minhang District.

This list is updated daily, so tune in again tomorrow for more up to date information, or subscribe to our daily email news digest to get this delivered to your mailbox.