China Property

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.

China shopping malls to be more profitable than office space: ARA

The number of shopping malls on the mainland may total more than 4,000 by 2015. Photo: SCMP

Shopping malls will surpass office and residential space as the most profitable type of property investment on the mainland over the next two to five years, thanks to the nation's booming middle class and its fast-growing income, says ARA Asset Management, a property investment firm partly owned by Li Ka-shing.

Thursday, 23 May, 2013, 3:31am 3 comments

Urbanisation may be one of China's greatest challenges

A yard outside migrant workers' makeshift houses is seen next to a city residential compound in central Beijing. Photo: Reuters

In recent months, Premier Li Keqiang has targeted urbanisation as a priority for the economy. Indeed, urbanisation will boost economic growth and create a better living environment for all. In terms of both geographic scope and size of the population, the process in China will break records. What could the consequences be on residential property markets at city levels?

22 May 2013 - 2:53am

Increase in China home prices expected to slow with new launches

Increase in China home prices expected to slow with new launches

Transaction volumes in 32 key cities increased by 7 per cent week on week and 21 per cent year on year on average, according to a report from investment bank Jefferies.

22 May 2013 - 3:51am

Shanghai offices nudge Hong Kong prices

Shanghai's office market is drawing plenty of attention from institutional investors at home and abroad. Photo: Bloomberg

An increasing number of foreign real estate funds and state-owned enterprises - the heavy-hitters in the investment property sales market - are channelling their capital into investment properties in Shanghai.

20 May 2013 - 4:18am

Capital gains tax on second-home transactions hits property prices

In Shenzhen, prices rose an average of 0.8 per cent compared with 2.3 per cent in March. Photo: Edward Wong

On average, prices rose 0.61 per cent, against 0.65 per cent in March. But on a year-on-year basis, average new-home prices rose 4.9 per cent in April, according to a Reuters calculation based on bureau data - higher than the year-on-year increase of 3.6 per cent recorded in March.

19 May 2013 - 6:13am

China home sales show mixed results after cooling measures

China home sales show mixed results after cooling measures. Photo: Reuters

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.

15 May 2013 - 3:06am

China April home sales fall 13pc on month as curbs hit; up 69pc on year

The authorities last month ordered strict implementation of a tax on property resales, denting the value of transactions. Photo: Xinhua

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

Beijing clampdown on property market 'won't hold back China homes sales'

Developers who focus on the residential market are likely to see the strongest growth. Photo: Xinhua

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

Upbeat Telok plans more projects in Macau

Philip Pang is optimistic about the outlook for Macau's residential market despite the measures to curb investment. Photo: Dickson Lee

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

Cooling measures cut China home sales

Property advertising boards clutter a sidewalk in Beijing as homes put on the market find few takers in the mainland capital city. Photo: AFP

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

Home prices defy curbs to rise further

New home prices are rising across the mainland. Photo: Xinhua

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

Population size is only one factor in influencing property prices

The notion that fewer people leads to lower property prices is not always destiny. Photo: Xinhua

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

New rules complicate buying property in China

Chris Dillon

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

Guangzhou developers must submit new home prices to city for approval

Guangzhou is the second city to curb new home prices. Photo: Reuters

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

Shui On Land to convert Shanghai hotel into flagship retail store

Vincent Lo Hong-shui, Shui On chairman

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