Here is a list of the day’s latest China real estate news collected from around the web:
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Report warns on China’s real estate rebound
A government think tank has warned that 2013 may see continued rises in real estate prices and face the risks of market collapses in some localities.
According to a green paper on China’s housing sector released by the Chinese Academy of Social Sciences (CASS) on Thursday, the academy is worried that many indexes of the country’s housing market have shown rising trends in recent months.
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Winter in China’s Real Estate Industry
With real estate macro controls becoming the norm, winter in the real estate industry will be here for the long-term. It is difficult to see an end. According to the temperature, winter can be subdivided into early winter, winter and severe winter. We have passed early winter and are entering into a long period of winter.
For Vanke, winter is a strategy. In winter, we need to exercise actively and strengthen our power to resist the cold; otherwise, we will freeze to death. More important, we must have money on hand. Money is the warm coat of winter. These two winter strategies are Vanke’s long-term task. -
CapitaLand Consolidates Singapore, China Operations
CapitaLand Ltd. (C31.SG), Southeast Asia’s largest developer by market value, said Thursday it will simplify its corporate structure into four main business units by consolidating most of its Singapore and China operations into two entities.
After its organizational change, the Singapore-based company will comprise CapitaLand Singapore, CapitaLand China, shopping-mall developer CapitaMalls Asia Ltd. (JS8.SG) and serviced-apartments arm The Ascott Ltd.
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Bay Area real estate market bolstered by investments from China
The Bay Area’s housing market is playing host to a growing numbers of foreigners — many from China — who are looking for a future home, a good investment or a safe place to park their money. Wei Luo, an electrical engineer-turned-contractor and real estate investor, said he has helped at least 10 friends from China buy about 15 homes and condominiums in the Bay Area starting in 2009, and they’re clamoring for more.
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