Here is a list of the day’s latest China real estate news collected from around the web:
Singapore’s private home purchases by foreigners rose 20 percent in 2011 even as demand from Singapore citizens and residents fell, DTZ Holdings Plc. Foreigners bought a record 5,246 housing units last year, surpassing the earlier record of 4,982 units in 2007, the property brokerage said in a report.
More than 80 percent of the listed Chinese property developers posted year-on-year declines in transaction area in January, and an increasing number are beginning to offer discounts amid a sluggish market and continued real estate curbs, reports Xinhua News Agency, citing E-house China R&D Institute.
China’s Premier Wen Jiabao is seen signaling next month that curbing pollution, inequality and the risk of financial instability eclipse the benefits of faster economic growth, a survey of analysts indicated.