Asia real estate and outbound investment news
Home prices in China’s largest cities continued to go into lock-down mode in November, according to data released over the weekend, as a months-long government crackdown continues to retard growth and snuff out sales.
Across 70 cities surveyed by China’s… Read More>>
The Shanghai city government is putting up for tender three new residential sites with a planned construction area of just over 210,000 square meters, bringing its yearly proffering of residential land to more than two million square meters, according to… Read More>>
To follow through on President Xi Jinping’s vow of “homes are for living, not for flipping”, China’s primary real estate regulator on Thursday announced penalties for companies which mislead customers and cheat on regulations designed to promote transparency in the… Read More>>
Guangdong province is calling for the cancellation of a decades-long property pre-sale system that has played a primary role in supporting China’s real estate developers.
The provincial branch of China’s Ministry of Housing and Urban-Rural Development (MOHURD) issued a notice… Read More>>
The average price of buying a new home in China rose five percent in June compared to the same month in the previous year, but Beijing’s home price inflation firefighters are already showing their readiness to keep the city’s rekindled… Read More>>
The authorities in Beijing have come up with yet another move to cool down the real estate ardor of their 1.4 million constituents, as the housing said it will limit loans for resettlement payments. Also in the news, China’s CIC… Read More>>
Since the end of June China has moved to clamp down further on housing speculation as the government shows its determination to enforce President Xi Jinping’s vow at last year’s party congress that, “homes are for living, not for flipping.”
The Shanghai government today announced modifications to its rules punishing owners and developers of commercial-titled apartments after hundreds of homebuyers protested the policy measures over the weekend.
In a statement posted on the city’s Housing and Urban-Rural Development office website… Read More>>
As China’s real estate market spiked in 2016, dozens of Chinese cities followed central government directives and announced local measures to tackle rapidly rising home prices.
These local tightening moves primarily came in the form of controls designed to reduce… Read More>>
Frustrated in its attempts to dampen demand for new housing among Chinese homebuyers, China’s chief housing regulator is aiming its regulatory might at real estate developers, as the government shows its determination to cool down an ever-rising property market.
On… Read More>>
