A leadership reshuffle leads the way in Mingtiandi’s roundup of Asia real estate headlines today with news that a major Singapore developer that now holds assets under management in excess of S$100 billion is going through a reorganisation at the… Read More>>
Shenzhen’s real estate market has drawn global interest in the last year for the more than 40 percent increase in the cost of new homes in the city, following a major rebound in China’s housing market.
Now the southern Chinese… Read More>>
Despite the attempts of China’s official statistics keepers to demonstrate the stability of the country’s housing market, local governments continue to tighten home buying measures as prices trend upward.
This week saw Shanghai and Tianjin strengthen recently implemented cooling measures… Read More>>
China has made reduction of unsold housing inventories in the nation’s lower tier cities one of its central goals for 2016, as the country’s leadership looks for ways to spur growth in an economy which last year slipped to its… Read More>>
An announcement dated yesterday on a Jinan city government website indicated that the second tier city in Shandong province will soon join several other Chinese urban centres in revising restrictions on home sales as real estate markets sag across the… Read More>>
A report issued yesterday by one of China’s four largest banks said that the country’s real estate market is at an inflection point, but dismissed the likelihood of a hard landing in the sector, or for significant knock-on effects in… Read More>>
The trend toward easing government policies controlling the real estate market gained a major follower within the last few weeks as Shenyang has reportedly waived restrictions on ownership of multiple homes.
The move was reported today in the Wall Street… Read More>>
China’s housing market is locked in a three-way face-off between developers who can’t sell new homes, speculators sitting on empty properties bought for high prices, and first-time home buyers who can’t enter the market because of housing costs that outstrip… Read More>>
The chairman of a Hangzhou-based real estate developer blamed “stupid officials” for the hard times that have forced him to sell out his controlling stake in Greentown China to Sunac Holdings, in a transaction valued at HK$6.3 billion (US$813 million).
China’s government signalled that it is eager to revive the country’s housing market on Friday when the official China Securities Journal reported that the central authorities would allow cities to ease policy restrictions on home sales depending on market conditions.