As was widely expected, on Tuesday China’s central bank used the Lunar New Year holiday as an occasion to raise interest rates for the third time since October. The measure is the latest in a series of moves to tame… Read More>>
China’s Premier Pledges to Control Real Estate Prices
Even a few days after the latest measures to cool China’s property market were introduced, the direction of real estate prices was still making news this week, as Premier Wen Jiabao addressed the topic in his Spring Festival speech.
Premier… Read More>>
Singapore Launches Residential Project in Tianjin
Singapore’s pattern of investing in cities linked to initiatives from its own government continued this week as Reco Yizhong, an affiliate of Government of Singapore Investment Corp Real Estate (GIC) teamed with a Singapore-listed Chinese property developer to acquire a… Read More>>
BuyNow Expands Retail Presence to Suzhou and Huizhou
Taiwanese retailer BuyNow announced their latest expansion into China on January 31st with news of purchase of a site in Suzhou, as well as acquistion of existing retail facility in Huizhou, Guangdong.
Buynow’s parent, Taiwanese computer maker Clevo purchased the… Read More>>
HSBC and China Issue Rival Manufacturing Data
The ongoing fight against inflation got more interesting this week when a Chinese government body issued a purchasing managers index (PMI) showing prices dropping, while HSBC issued their own PMI for China showing prices continuing to rise.
For observers concerned… Read More>>
Developers at Land Auction Undeterred By New Tightening Measures
On January 30th, Shanghai’s first land auction after the introduction of the property tax saw state-owned real estate developers undeterred in their appetite for new sites. At the auction, Greenland Group acquired a 106,000 sqm parcel zoned for mixed-used… Read More>>
China Real Estate News Round Up 2010-12-30
As the year creeps to a close the market data continues to roll in showing the intense amounts of capital thrown into China’s real estate market this year and the price increases and investment projects that have come with it.
China Real Estate Round Up 2010-12-29
Here’s another review of recent real estate news from Colliers’ Market Beat. The lead story today is the recent declines in share prices for China-related property developers, ever-increasing house prices in Shanghai, and some local officials attempting to explain how… Read More>>
Real Estate News Round Up for 2010-12-28
GENERAL
China Land Transfer Fees to Exceed RMB 2 Trillion This Year
The amount of land transfer fees collected by local governments in China is expected to surpass RMB 2 trillion this year, making such taxes a major… Read More>>
Shanghai Real Estate Roundup
The following is a round up of real estate news from Colliers Market Beat. I will be posting this daily to help Mingtiandi readers to keep up on what’s going on in eastern China’s property market.
RESIDENTIAL
Shanghai… Read More>>
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