Here is a list of the day’s latest China real estate news collected from around the web:
- Poly Real Estate home sales up 46% in Feb
Poly Real Estate Group, China’s second largest property developer by market value, said on March 11 that its home sales rose 46.29 percent year-on-year to 3.62 billion yuan ($574.6 million) in February.
- China to have world’s largest freestanding shopping mall
China will be home to the world’s largest freestanding shopping centre having an area larger that 74 football fields, which is being constructed in northern port city of Tianjin by Philippines’ SM Group.
- Developers Fall as Home Sales Decline on Government Curbs
China’s property stocks fell after the country reported weak sales for the first two months of the year as the government pledged to maintain its housing curbs. China’s home sales declined 25 percent in January and February, the national statistics bureau reported on March 9th.