An announcement dated yesterday on a Jinan city government website indicated that the second tier city in Shandong province will soon join several other Chinese urban centres in revising restrictions on home sales as real estate markets sag across the… Read More>>
Bank of China Downplays Hard Landing for Real Estate Sector
A report issued yesterday by one of China’s four largest banks said that the country’s real estate market is at an inflection point, but dismissed the likelihood of a hard landing in the sector, or for significant knock-on effects in… Read More>>
More Housing Discounts on Way as China’s Developers Feel Pressure
After two quarters of slowing homes sales and the occasional developer collapse, China real estate analysts are predicting lower prices and looser credit for the second half of the year.
A report released this week by CRIC, a unit of E-House… Read More>>
Zhejiang Developers Now Guaranteeing That Prices Will Go Up
The problem with China’s real estate market in 2014 is confidence, and whether there is too much confidence or not enough of it may depend upon which side of a deal you are sitting on.
Developers in Zhejiang – one… Read More>>
Greenland Group Closes on $4B Deal with NY’s Ratner
The US subsidiary of China’s Greenland Group announced this week that it has closed a joint venture deal to develop Atlantic Yards, a 22-acre residential and commercial real estate project in Brooklyn, New York.
Under the terms of the agreement,… Read More>>
Apple to Open 6 More Stores in China Including Tianjin and Hangzhou
Future geniuses rejoice! China is about to open Apple stores in six more Chinese cities, and you could get a job helping the country gorge itself on pretty electronic devices from the iconic US firm.
According to Apple’s own website, the… Read More>>
Home Prices Dropped in 71 Out of 100 Chinese Cities in June
China’s slide in home prices continued in June, according to two privately conducted surveys, with nearly three-quarters of the country’s largest cities covered in one study reporting drops in average housing costs compared to May.
According to data from China… Read More>>
Yacht Designers Rejoice Over Shanghai FTZ’s New Rules
Not everyone got what they wanted when Shanghai’s Pilot Free Trade Zone (FTZ) released a much awaited revision of its famous negative list today, but at least the yacht designers and green tea makers will be happy.
The two niche… Read More>>
Fosun to Invest in $9.3B Greek Casino and Resort Project
A plan for a 6.8 billion Euros ($9.3 billion) integrated resort invested by Chinese conglomerate Fosun along with partners from Greece and Abu Dhabi has now received approval from the Greek government.
The investment by Fosun, which was first reported… Read More>>
Real Estate Pros Rank China’s Top 5 Cities for Investment and Development
Non-profit real estate research organisation Urban Land Institute (ULI) has just polled its members on what cities are best for property investment, and despite high prices and scarce land, Shanghai has come out on top for the second year in… Read More>>
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