Asia real estate and outbound investment news
After two quarters of slowing homes sales and the occasional developer collapse, China real estate analysts are predicting lower prices and looser credit for the second half of the year.
A report released this week by CRIC, a unit of E-House… Read More>>
China’s slide in home prices continued in June, according to two privately conducted surveys, with nearly three-quarters of the country’s largest cities covered in one study reporting drops in average housing costs compared to May.
According to data from China… Read More>>
The developer of a high-end Shanghai property project last week announced a nearly 30 percent discount on homes in the face of disappointing sales. The price cut comes as the latest sign of weakness in a real estate market which… Read More>>
A survey by E-House China showed home prices declining on a month-to-month basis for the first time since 2012, as the nation’s real estate market continues to slump due to credit concerns.
The report by CRIC, the information unit of… Read More>>
Tweaking residency requirements is emerging as an accepted path to skirt China’s policy restrictions on home sales as Nanning, the capital city of China’s Guangxi province, last week announced new guidelines on who qualifies to buy a home as a… Read More>>
Late last week and into the weekend there were a number of breaking news stories, including China’s bad asset bank Cinda picking up two plots of land in Shanghai, China Resources Holdings upping its stake in developer China Vanke, and… Read More>>
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>>
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>>
Sales of commercial property dropped by as much as 72 percent in 43 of 90 cities across China last month, according to a report released by a division of real estate agency e-House.
The report published this week by CRIC, the real estate information division of e-House finds that Beijing recorded only 6094 commercial real estate transactions during January, and in terms of area, only 744,300 square meters were sold.
Beijing has put out a dozen plots of land for sale this month, including one in its central area, as the country’s real estate developers scramble to secure land amid a capital crunch and potential industry consolidation
The Beijing land reserve bureau has listed 12 parcels for public tenders, including five with floor prices totalling 13.4 billion yuan (HK$17 billion).
