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.

Greentown China chief executive resigns after serving the firm for 17 years

Greentown China chief executive Shou Bainian has resigned after 17 years at the mainland property developer. Photo: David Wong

Greentown China Holdings chief executive Shou Bainian has resigned after 17 years at the mainland property developer.

Sunday, 21 June, 2015, 11:42pm

China home prices in May rise for 1st time in 13 months, but outlook stays cloudy

Rows of residential apartments are shown in Hebei province as new home prices rebounded for the first time in 13 months in May. Photo: Xinhua

New home prices in China rebounded nationwide for the first time in 13 months in May, suggesting a property downturn is bottoming out after a barrage of stimulus from the central bank and local governments since late last year.

19 Jun 2015 - 12:02pm

Guangzhou underperforms first-tier Chinese property markets

Guangzhou has suffered a fall in new home prices in four of the past five months, except February. Photo: Reuters

Chinese housing market recovery to sustain in June

19 Jun 2015 - 12:08pm

China’s Sunac abandons bid to take over beleaguered developer Kaisa

Sun Hongbin, Chairman and Chief Executive of Sunac China, as the company announced on Thursday it is abandoning its bid for troubled developer Kaisa. Photo: Jonathan Wong

Mainland property developers Sunac China has abandoned its HK$4.55 billion bid for a 49 per cent stake in troubled Shenzhen developer Kaisa, ending months of negotiation and stoking questions about its future.

28 May 2015 - 4:14pm

China new home prices fall for 8th straight month in April, but signs property downturn bottoming out

Commercial and residential buildings gleam on a sunny day in Beijing. New home prices in China fell for the 8th month running, but there are signs a prolonged property downturn seems to be bottoming out. Photo: Reuters

China’s new home prices fell for the eighth consecutive month in April from a year earlier but were flat from March, adding to hopes that a property downturn which is weighing heavily on the economy is beginning to bottom out.

18 May 2015 - 11:28am

Beijing office space almost 50 per cent more expensive than in Shanghai

A huge supply in the pipeline will force many of Shanghai's landlords to cut rents to secure tenants to fill their buildings. Photo: AFP

Shanghai may aspire to becoming a global financial centre but since 2010 it has lost its position to Beijing as the mainland's most expensive office location and is unlikely to see a return to that past glory in the next five years.

11 Jun 2015 - 3:33pm

Price cuts boost China new home sales

New home sales in Shenzhen gained 143.96 per cent last month from February to 507,200 square metres. Photo: Bloomberg

Price cuts drive China new home sales

18 Apr 2015 - 5:21pm

Beijing and Shanghai secondary home markets recover under supportive policies

Transaction volume for used homes grew 29.4 per cent in Beijing from a year earlier, thanks to support measures. Photo: Reuters

Momentum picks up in Beijing and Shanghai secondary home markets

18 Apr 2015 - 5:08pm

Shenzhen home prices rising after policy relaxation

Data from Centaline showed secondary home prices in Shenzhen climbed 4.03 per cent last month from February. Photo: Bloomberg

Shenzhen home sellers increase asking prices by up to 10 per cent

18 Apr 2015 - 4:40pm 1 comment

Greenland to launch internet finance business

Residential projects in Wuhan in China. Photo: Paggie Leung

Greenland to launch internet finance business

27 Mar 2015 - 11:02pm

China's Kaisa will die soon if creditors "do not cooperate," Sunac warns

Sunac chairman Sun Hongbin issues warning in a briefing that beleaguered developer Kaisa may go under if its creditors do not cooperate. Photo: Bloomberg

Mainland developer Sunac sees Kaisa going under if debt holders don’t agree restructuring deal

24 Mar 2015 - 7:47pm 1 comment

China Overseas Land and Investment to acquire mainland, UK assets from parent company

A luxury residential project owned by China Overseas Land and Investment in Xian. Photo: Peggy Sito

China Overseas Land & Investment (COLI) yesterday announced a 33.8 billion yuan asset acquisition from its ultimate controlling shareholder, China State Construction Engineering Corporation (CSCECL), after the company reported a better-than-expected core net profit of HK$23.83 billion for last year.

24 Mar 2015 - 5:25pm

Need for more action as China secondary home deals slide

Secondary home transactions in Shanghai lost 45.7 per cent on a monthly basis to 10,669 units. Photo: Reuters

Need for more action as China secondary home deals slide

18 Mar 2015 - 6:00am

Chinese developer Poly plans 10b yuan share placement

Beijing has indicated supportive government policy to help the struggling property sector, which is vital to ensuring the targeted growth for China this year. Photo: Bloomberg

Shanghai-listed developer Poly Real Estate announced on Tuesday it would raise 10 billion yuan in a private placement to finance expansion and reduce indebtedness.

17 Mar 2015 - 12:11pm

Chinese developer Country Garden will issue bonds to refinance debt

Country Garden’s chief financial officer Wu Jianbin last year said the developer plans to halve the company’s funding cost in the next two years. Photo: Bruce Yan

Country Garden plans to raise an undisclosed amount in senior notes to refinance its existing US$900 bond that will mature in 2018, the Chinese property developer said in a filing with the Hong Kong stock exchange on Thursday.

27 Feb 2015 - 12:57am

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