China’s property market has surged in recent years. After prices jumped 25 per cent in 2009 alone, the central government imposed austerity measures, including lending curbs, higher mortgage rates and restrictions on the number of homes each family can buy.
Figures released by the National Bureau of Statistics show residential sales' values jumped 57 per cent year-on-year last month, but were down 13 per cent month-on-month.Wednesday, 15 May, 2013, 3:06am
The value of private home sales on the mainland last month dropped 13 per cent on the month to 494.6 billion yuan (HK$624.5 billion) after the authorities imposed measures to curb soaring prices.14 May 2013 - 3:32am
The mainland property market will continue to grow, but at a slower pace, while developers which focus on the mass market will experience strongest growth, Moody's Investors Service said.9 May 2013 - 4:39am
Hong Kong- based investment fund Telok Real Estate Partners is looking to add two more projects to its portfolio in Macau, where it expects home prices to continue rising in the face of a severe supply shortfall over the next two years.8 May 2013 - 2:34am
Mainland home sales plunged last month after local governments fell in line with control measures demanded by Beijing.
But agents and analysts said the impact of the measures was less severe than they had expected, and prices had held firm because some local authorities had not strictly enforced a 20 per cent capital gains tax ordered by the central government.6 May 2013 - 3:34am
Driven by strong demand, average prices of new homes in 100 major mainland cities rose 1 per cent last month from March, extending the run of increases to 11 consecutive months, the China Index Academy said.3 May 2013 - 3:36am
During a recent discussion with business school students at Tsinghua University the question arose as to whether real estate prices would fall if populations began declining. This is certainly likely, yet it is still just one possibility, and the notion that fewer people leads to lower property prices is not always destiny.1 May 2013 - 3:44am 1 comment
The mainland's recent property market cooling measures have perplexed foreign nationals, who wonder what the new rules mean for them. Time for a quick call to Chris Dillon, author of mainland property buying guide Landed China, for an explanation.
Many of the new measures apply only to locals, and those for foreigners are not that complicated, says Dillon.29 Apr 2013 - 3:59am 1 comment
To try to contain the fast growth in home prices, Guangzhou's Municipal Land Resources and Housing Administrative Bureau ordered developers and property agents to submit pricing for all new projects for scrutiny.24 Apr 2013 - 5:16am
The conversion of a luxury boutique hotel in a historical district of Shanghai into a multi-storey flagship retail outlet will be the first project to be tackled by China Xintiandi, a commercial property unit to be spun off by Hong Kong-listed Shui On Land.24 Apr 2013 - 5:20am
Passing through Taipei's major business districts, it is common to see office buildings adorned with names of insurance companies. Indeed, about half of the grade-A office buildings in the city are owned by domestic insurers, with these companies accounting for about 40 per cent of turnover in the past few years.24 Apr 2013 - 5:20am
Hongkongers who are tired of mainland buyers driving up local property prices may want to flip the situation and buy real estate across the border.
Property specialist Christopher Dillon looks at exactly that in his new book Landed China. He writes about the steps foreigners must take to buy property on the mainland.22 Apr 2013 - 2:28am
While mainland property firms have enjoyed growth in sales and market capitalisation over the past few years, Deloitte China is less optimistic about the future.
The professional services firm cites pressures on profitability from slower growth, lower liquidity and surging gearing.19 Apr 2013 - 4:05am
The latest round of cooling measures this month is expected to slow down homebuying on the mainland after scorching sales in March. Prices of new homes climbed in 68 out of 70 cities in March from February, according to figures released by the National Bureau of Statistics - the highest number of cities since September 2011.19 Apr 2013 - 5:04am
Increased demand for grade-A office space from domestic and foreign financial firms has led rents in Shanghai's Pudong area to exceed those in Puxi, the city's traditional central business district.17 Apr 2013 - 5:31am