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 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.

Wednesday, 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

Taiwan insurers go global in search of returns

Central Taipei is a stable and healthy property market, but lacks strong returns. Photo: AFP

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

Hong Kong property buyers can turn the tables on mainland Chinese

Property in Guangzhou has interesting history. Photo: AStock/Corbis

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

Deloitte says cost pressures cloud industry outlook

Richard Ho, a national real estate industry leader at Deloitte China. Photo: May Tse

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

China homebuying fever set to cool as curbs bite

Market watchers expect transactions to fall this month as soaring prices and strict enforcement of the 20pc capital gains tax coupled with the increase in down payment for second homes have dampened buying interest.

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

Office rents in Shanghai's Pudong area top those in Puxi, brokers say

The Pudong area of Shanghai. Photo: Bloomberg

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