You can now buy a second-hand Shanghai skyscraper that once belonged to a disgraced tycoon. But only if you act now, and only on Taobao.
The sale of Tomorrow Square, once the tallest building in Shanghai’s Puxi area, includes only… Read More>>
Shanghai Office Rents Fell 3.7% in Q2 Despite Leasing Uptick
Despite more space being leased in recent months, Grade A office rents in Shanghai continued their downward slide in the second quarter of 2020, according to recent reports by property agencies covering the city.
Following a lockdown that kept most… Read More>>
Commercial Site in Shanghai’s Yangpu District Sells for RMB 4.6B
A trio of state-owned developers has agreed to pay RMB 4.6 billion ($650 million) for a land parcel in Shanghai’s Yangpu district that is earmarked for up to 147,000 square metres of office and research and development space.
The 36,800… Read More>>
Shanghai Cancels Four Land Sales Worth RMB 5.41B as Clampdown Deepens
Shanghai has cancelled four planned land sales worth a total of more than RMB 5.41 billion ($796.4 million) in less than a month, as restrictions on the country’s real estate market dampen developer demand for new sites.
No reason was… Read More>>
How China Grew the World’s Biggest Pipeline of Shopping Malls: China Mall 2020
This post is part of a series highlighting content in Mingtiandi’s China Mall 2020 white paper. Find out more about this retail research report here.
China’s retail sales more than tripled from RMB 6.7 trillion in 2005 to RMB 27… Read More>>
NDRC Squelches Mortgages for Foreigners Buying Homes in China
Good news everyone! The leading minds in China’s bureaucracy have come up with an elegant solution to runaway real estate prices — stop all those foreign banks from lending money to all those foreign people buying homes in China.
The… Read More>>