Home prices across China fell at a faster pace in July according to two private surveys of the housing market. The downward trend appears to show that the government’s moves to prop up the once sky-rocketing real estate sector have… Read More>>
Onshore Real Estate Bonds Return as Government Props Up Ailing Developers
Sales of property developer bonds returned to China’s domestic market recently in a sign that the Xi government is not yet quite ready to real estate companies to go under. At least in most cases.
Just last week, Shanghai-listed Jiangsu… Read More>>
Shanghai Sees Record Prices for Land and Homes This Week
In a sign that China’s real estate downturn isn’t being felt the same way in every location, the country’s commercial capital this week saw a record price paid for a land parcel at almost the same time that a developer… Read More>>
Evergrande June Sales Reach New Record of RMB 13.1B
Evergrande Real Estate Group (HKG:3333) announced this week that it had set a new record for sales revenue in June, reaching RMB 13.1 billion. The strong sales by the top five Chinese developer appears to demonstrate the growing split between… Read More>>
Real Estate Pros Rank China’s Top 5 Cities for Investment and Development
Non-profit real estate research organisation Urban Land Institute (ULI) has just polled its members on what cities are best for property investment, and despite high prices and scarce land, Shanghai has come out on top for the second year in… Read More>>
Shanghai World’s 4th Best for Real Estate Investment
A study on real estate investment prospects released this week compared 300 cities worldwide for basic factors driving commercial property value growth, and ranked Shanghai fourth, behind only San Francisco, London, and Dubai.
The Global 300 Cities report by property… Read More>>
Shanghai Project Cuts Prices as Home Discounts Spread to Top Cities
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>>
Shanghai Cutting Industrial Land Grants to 20 Years with New Rules
In a shift with major implications for Shanghai’s manufacturing sector and for the prospects of logistics developers, the government of China’s commercial capital is readying sweeping changes in industrial land use rights, that include cutting back land use terms to… Read More>>
Watch Shanghai Grow to 23M People in 30 Seconds
With more than 23 million people, Shanghai is the world’s biggest city, and those of us who have been here for a bit know that it has grown quickly in recent years. Now you can watch the city’s growth from… Read More>>
China on the Way to Having 14,000 Comrades with Over $30M in Assets
The ranks of Chinese with assets of more than $30 million (excluding their primary homes) will grow by 80 percent in the next decade, making China 13th among all countries and regions in terms of multi-millionaires, according to a report… Read More>>
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