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Land sale shortfalls threaten China govt revenues

China Government Land Sale Income Drops 13 Percent in 2011

Land sale shortfalls threaten China govt revenues

2012/01/06 by Michael Cole Leave a Comment

Income to China’s local governments from land sales dropped 13 percent during 2011 according to statistics from the China Index Academy (part of Soufun.com) and the Ministry of Finance.

Land sales revenues in 130 cities across China totaled RMB 1.86… Read More>>

Income to China's local governments from land sales dropped 13 percent during 2011 according to statistics from the … Read more>>>

China real estate prices fall for fourth month

China Home Prices Fall for Fourth Month

China real estate prices fall for fourth month

2012/01/06 by Michael Cole Leave a Comment

According to recent data from China real estate website, Soufun.com, the nation’s home prices slid for the fourth straight month in December as the government made clear that it has no immediate plans to relax its controls on the property… Read More>>

According to recent data from China real estate website, Soufun.com, the nation's home prices slid for the fourth … Read more>>>

guangzhou international finance centre

Guangzhou and Nanjing May Introduce Property Tax in 2012

guangzhou international finance centre

2012/01/06 by Michael Cole Leave a Comment

As China’s restrictions on residential property sales have cooled down developer demand for new land, local governments find themselves in need of some new revenue streams to fuel their infrastructure projects and maintain public services.  In the case of two… Read More>>

As China's restrictions on residential property sales have cooled down developer demand for new land, local governments … Read more>>>

Fosun vows to block SOHO China real estate acquisition in Shanghai

SOHO Attempts to Buy Bund Project Stake from Greentown — Fosun Vows to Block

Fosun vows to block SOHO China real estate acquisition in Shanghai

2011/12/30 by Michael Cole 2 Comments

Carnivorous real estate developer SOHO China announced on December 29th that it would buy a 50% stake in a commercial property project on Shanghai’s Bund, only to have rival developer Fosun announce its right to block the proposed deal on… Read More>>

Carnivorous real estate developer SOHO China announced on December 29th that it would buy a 50% stake in a commercial … Read more>>>

China land prices drop on declining developer demand

Average Land Prices in Shanghai Drop 40% as Developers Become More Cautious

China land prices drop on declining developer demand

2011/12/30 by Michael Cole Leave a Comment

While the amount of land sold in Shanghai during 2011 was up compared to 2010, the amount of revenue that the local government achieved through these sales dropped during the past year. According to reports from local media, the greatest… Read More>>

While the amount of land sold in Shanghai during 2011 was up compared to 2010, the amount of revenue that the local … Read more>>>

SOHO China suffers cash crunch in commercial real estate

Is SOHO China Broke?

SOHO China suffers cash crunch in commercial real estate

2011/12/30 by Michael Cole 1 Comment

According to a report last week in the National Business Daily, supernaturally aggressive real estate developer SOHO China is suffering from a severe cash crunch as it currently is attempting to build and launch several new commercial projects. At present the… Read More>>

According to a report last week in the National Business Daily, supernaturally aggressive real estate developer SOHO … Read more>>>

E-house buys back CRIC

E-house Buys Back CRIC As Appetite for China Residential Real Estate Data Slackens

E-house buys back CRIC

2011/12/30 by Michael Cole Leave a Comment

CRIC the NASDAQ-listed former subsidiary of E-House is soon to move back in with its parents as its stock price has dropped from US$9.60 a share a year ago to US$4.05 this week.

CRIC which sells data on China’s residential… Read More>>

CRIC the NASDAQ-listed former subsidiary of E-House is soon to move back in with its parents as its stock price has … Read more>>>

China Agricultural Bank says real estate prices need to drop 25%

Agricultural Bank Says China Real Estate Prices Need to Drop 25 Percent

China Agricultural Bank says real estate prices need to drop 25%

2011/12/30 by Michael Cole Leave a Comment

According to analysts from China Agricultural Bank (ABC) real estate prices should be expected to drop another 25% before stabilizing. While these comments are among statements on the country’s property market, coming in an official statement from one of China’s… Read More>>

According to analysts from China Agricultural Bank (ABC) real estate prices should be expected to drop another 25% … Read more>>>

IFC Mall in Shanghai

IFC Mall Leads Sun Hung Kai Shanghai Retail Real Estate Growth

IFC Mall in Shanghai

2011/12/23 by Michael Cole Leave a Comment

Hong Kong real estate developer Sun Hung Kai (SHK) is rapidly establishing itself as one of China’s leading mall developers thanks to the success of its IFC mall project in Shanghai. According a recent story in Hong Kong’s Standard, IFC… Read More>>

Hong Kong real estate developer Sun Hung Kai (SHK) is rapidly establishing itself as one of China's leading mall … Read more>>>

US real estate developers enter China mall market

US Commercial Developers Learning the China Real Estate Ropes

US real estate developers enter China mall market

2011/12/23 by Michael Cole Leave a Comment

Despite some mis-steps in the past, American real estate developers are starting to make significant investments in China’s commercial property market. Major US retail developers Simon Property Group, and Taubman Centers, as well as other players such as Hines Interests of Houston, and… Read More>>

Despite some mis-steps in the past, American real estate developers are starting to make significant investments in … Read more>>>

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