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.

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.

Wednesday, 24 April, 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

China home sales set to fall after latest tightening measures

China home sales set to fall after latest tightening measures

New-home sales in first-tier and second-tier cities were up 8 per cent and 13 per cent week on week, respectively, according to Nomura. The next catalyst for the housing market should come after the first week of May - the three-day holiday starting on April 29.

17 Apr 2013 - 5:31am

More fast-fashion chains move into Shenzhen shopping centres

Luxury shopping malls in Shenzhen provide environments just as attractive as those in Hong Kong for the mainland wealthy. Photo: AFP

The flow of shoppers from Shenzhen to Hong Kong is slowing as more international fast-fashion chains open for business in the border city.

17 Apr 2013 - 5:31am

Developers to benefit from capital gains tax

Visitors look at a model of residential buildings at the Fun City apartment complex, developed by China Vanke. Photo: Bloomberg

Mainland developers are expected to benefit from the 20 per cent capital gains tax on second-hand homes, which has been in force since the beginning of this month.

Homebuyers would now tend to turn to the primary market, property consultants said.

15 Apr 2013 - 3:43am 1 comment

NDRC orders probe into housing bond sales

Questions surround the use of funds meant for cheaper homes.

Local branches of the National Development and Reform Commission were sent notices this month instructing them to complete the checks by the end of April, said the people, who asked not to be identified because they weren't authorised to speak publicly about the investigation.

12 Apr 2013 - 5:43am

Home sales plunge into deep freeze

Sales of homes on the secondary market in Beijing have plunged with the introduction of new cooling measures. Photo: AFP

A week after most mainland cities announced details of the latest round of State Council-ordered cooling measures, home sales in the secondary market across the country plunged as much as 90 per cent.

11 Apr 2013 - 5:07am

Hong Kong concrete test result shocks Jiayu Garden flat owners

Jiayu Garden flat owners protest about the safety of their homes

Flat owners of Shenzhen's Jiayu Garden, who suspect that the developer had used cheap sea sand in the concrete, are shocked to learn that a sample from their block barely passed Hong Kong's standard for chloride ions.

11 Apr 2013 - 5:44am 1 comment

H7N9 bird flu not behind slowing Shanghai home sales, agents say

Shanghai buyers are worried about tighter mortgages. Photo: Reuters

Home sales in Shanghai have been hit by policy measures aimed at curbing demand, not by fears of another widespread outbreak of a new strain of bird flu, property consultants said.

10 Apr 2013 - 5:47am

Global brands pause as store sales growth slows on China

Six high-end global retail brands reportedly plan to open 50 outlets in the coming years. Photo: Bloomberg

Global brands have scaled back their expansion plans on the mainland due to slowing growth in retail sales.

10 Apr 2013 - 5:47am

China's built enough housing for everyone. Where is it all?

Like Hongkongers, mainlanders are feeling the squeeze. Photo: AP

In the mainland's big cities - just as in Hong Kong - officials are struggling to contain rising property prices. There, as here, home prices have risen so far, so fast that even a modest apartment is now beyond the means of the vast majority of first-time buyers.

3 Apr 2013 - 3:28am 3 comments

Shanghai property transactions hit 3-year high new despite curbs

Residential blocks in Shanghai. Photo: AFP

The volume of Shanghai flat transactions hit a 40-month high in March, as speculators raced to get ahead of new property market cooling measures announced by the central government, a report said on Monday.

3 Apr 2013 - 2:16am