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Jiang Daming Minister of Land and Resources

National Property Registration to be Trialled in June This Year

Jiang Daming Minister of Land and Resources

2014/03/18 by Michael Cole Leave a Comment

China took a major step towards implementing one of the key mechanisms for gaining better control of the nation’s real estate market recently when it unveiled a trial plan for a national property register.

The move was announced by the… Read More>>

China took a major step towards implementing one of the key mechanisms for gaining better control of the nation's real … Read more>>>

Ren Zhiqiang of Huayuan Property

Home Sales Figures Drop 5% as Developers Get Gloomy

Ren Zhiqiang of Huayuan Property

2014/03/17 by Michael Cole Leave a Comment

The value of home sales in China totaled only RMB 598.5 billion during the first two months of 2014, representing a five percent drop from the same period a year ago, as clampdown on credit starts to reduce the number… Read More>>

The value of home sales in China totaled only RMB 598.5 billion during the first two months of 2014, representing a five … Read more>>>

campell r harvey duke fuqua

90% of US CFOs in China Believe There’s a Real Estate Bubble

campell r harvey duke fuqua

2014/03/17 by Michael Cole 1 Comment

While market analysts remain divided over whether property prices in China are overinflated, the executives charged with safeguarding corporate finances are nearly unanimous in seeing a real estate bubble, according to recent survey.

The study by Duke University and CFO… Read More>>

While market analysts remain divided over whether property prices in China are overinflated, the executives charged with … Read more>>>

wealthy Chinese home buyers

China on the Way to Having 14,000 Comrades with Over $30M in Assets

wealthy Chinese home buyers

2014/03/11 by Michael Cole Leave a Comment

The ranks of Chinese with assets of more than $30 million (excluding their primary homes) will grow by 80 percent in the next decade, making China 13th among all countries and regions in terms of multi-millionaires, according to a report… Read More>>

The ranks of Chinese with assets of more than $30 million (excluding their primary homes) will grow by 80 percent in the … Read more>>>

China tourist

Hotel Investment Deals in Asia Increased 218% in 2013

China tourist

2014/03/11 by Michael Cole Leave a Comment

The value of hotel investment transactions in Asia climbed to US$7.5 billion in 2013, up 218 percent over 2012 to reach the highest levels since the financial crisis in 2007.

The rebound in hotel asset values and deal numbers was… Read More>>

The value of hotel investment transactions in Asia climbed to US$7.5 billion in 2013, up 218 percent over 2012 to reach … Read more>>>

Zhang Zhirong

Agencies Warn of China Developer Risks Amid Credit Scares

Zhang Zhirong

2014/03/10 by Michael Cole Leave a Comment

Slower sales and rising land prices will put stress on some of China’s real estate developers this year according to recent reports by credit agencies Standard & Poor’s and Moody’s.

The warnings from the ratings agencies happened in the same week that China saw its first default of a corporate bond as the country’s leaders attempt to wean businesses from their addiction to cheap credit.

Slower sales and rising land prices are adding to the risks facing China's real estate developers this year according to … Read more>>>

Survey agreement

Was Anti-Graft Campaign the Real Reason Luxury Retail Struggled in 2013? Mingtiandi Survey Results

Survey agreement

2014/03/10 by Michael Cole Leave a Comment

While China’s luxury retailers fell well short of their goals in 2013, the major cause of the industry’s struggles was poor planning, not a government clampdown on bribery and draft, according to a survey conducted last week on Mingtiandi.

Among… Read More>>

While China's luxury retailers fell well short of their goals in 2013, the major cause of the industry's struggles was … Read more>>>

China frozen swimmer

China Home Price Growth Slows as Big City Markets Freeze Up

China frozen swimmer

2014/03/04 by Michael Cole Leave a Comment

Two separate surveys by private research firms show that the increase in China housing prices slowed in February. At the same time, figures from Beijing and Shanghai show that transactions have fallen off dramatically as buyers and sellers both wait… Read More>>

Two separate surveys by private research firms show that the increase in China housing prices slowed in February. At the … Read more>>>

Hong Kong Harbour

HK Most Expensive Place to Live and Work, Shanghai is 10th

Hong Kong Harbour

2014/03/04 by Michael Cole Leave a Comment

Hong Kong is the world’s most expensive city for companies to locate employees, with mainland competitor Shanghai coming tenth, according to a recent survey by real estate consultancy Savills.

However, a separate poll published today by the Economist rates Singapore… Read More>>

Hong Kong is the world’s most expensive city for companies to locate employees, with mainland competitor Shanghai coming … Read more>>>

China discount mortgages end

China Puts Mortgage Discounts in the Past as Banks Raise Rates

China discount mortgages end

2014/03/03 by Michael Cole Leave a Comment

With China’s banks facing competition for deposits from trusts on one side and online wealth management products on another, nearly 90 percent have ended mortgage discounts for first time home buyers.

The end of preferential rates was revealed in a… Read More>>

With China's banks facing competition for deposits from trusts on one side and online wealth management products on … Read more>>>

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