Local governments in China favor letting the market determine real estate prices, except when it might become a hot topic at internal party meetings. This seems to be the message from the recent cancellation of an upcoming land sale in… Read More>>
China’s Top 10 Developers Spend RMB 37B on Land in 4 Cities Since Jan 1
China’s 10 biggest developers poured more than half of their RMB 63.9 billion (US$10.5 billion) in land purchases this year into four of the country’s biggest cities as competition for prime locations increases.
A recent report in the Securities Daily… Read More>>
Beijing to Auction 12 Plots as Developers Scramble for Land
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).
China’s Surging Land Sales Create Dilemma for Govt
Record revenues from land sales last year were a mixed blessing for heavily indebted local governments on the mainland.
They worry the central government will be provoked to launch a fresh round of curbs to prevent overheating of the property market.
More defaults expected at China’s property trusts – Today’s China Real Estate Links | December 6, 2013
Here is a list of the day’s latest China real estate news collected from around the web:
China’s property trust sector will probably suffer more defaults in the next two… Read More>>
Shanghai 2nd-Hand Housing Sales Surge 25% – and more of Today’s China Real Estate Links | October 10, 2013
Here is a list of the day’s latest China real estate news collected from around the web:
Purchases of pre-owned homes in Shanghai last month surged 25 percent from August, with… Read More>>
Sunac-Greentown Pays RMB 507.4 Mil for Stake in Shanghai Project
During a week that saw records set for land prices in Shanghai and Beijing, a joint-venture between Sunac Holdings and Greentown China paid RMB 507.4 million to buy a minority stake in a project in Shanghai’s Putuo district.
According to… Read More>>
Xinhua Calls Out Bogus China Govt Real Estate Data
Given its status as a government mouthpiece, I’m not really sure if recent criticism of real estate investment figures from China’s National Bureau of Statistics makes Xinhua (the Chinese news agency) a pot or a kettle, but it’s nonetheless encouraging… Read More>>
Shanghai June land sales to exceed $32.4b – and more of Today’s China Real Estate Links | June 28, 2013
Here is a list of the day’s latest China real estate news collected from around the web:
Land sales in Shanghai are likely to exceed 20 billion yuan ($32.4 billion) in… Read More>>
IKEA to build new outlet in NW China – and more of Today’s China Real Estate Links | May 27, 2013
Here is a list of the day’s latest China real estate news collected from around the web:
The world’s largest furniture retailer IKEA will open an outlet in Xi’an, capital… Read More>>
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