People who bought flats in estates a stone's throw from the Qianhai experimental zone quickly came to regret their decision. They kept doors and windows firmly sealed to shut out the dust and incessant noise from container trucks traversing the nearby highway.Monday, 4 March, 2013, 5:42am 1 comment
While the human need for accommodation tends to be rigid, the need to buy a home is not. It is comparatively flexible, or "elastic" to use economics terminology.20 Feb 2013 - 4:40am
Sales of government-subsidised housing in Shanghai and Beijing have been disappointing because those who qualify for such flats cannot afford the high purchase prices, agents and property analysts say.20 Feb 2013 - 4:40am
Data from the China Index Academy, a unit of SouFun Holdings, shows 21 of 27 cities recorded a rise in sales from February 4 to 17 compared with the same period last year, with average prices in 14 cities nearly doubling.20 Feb 2013 - 4:40am
Restrictions on property registry searches introduced by several mainland cities following a spate of online exposés of corrupt officials have sparked a public outcry, with the authorities accused of covering up corruption in the name of protecting privacy.19 Feb 2013 - 4:09am 3 comments
Data from the China Index Academy, a unit of SouFun holdings, China's biggest real estate website operator, shows that the average price of a new home in 100 major cities recorded an eight successive month-on-month rise in January, to 9,812 yuan per square metre. That represented an increase of 0.03 per cent from December and on a year-on-year basis prices were up 1.2 per cent - the first annualised rise in prices in nine months.6 Feb 2013 - 4:59am
DTZ Research conducted a cross-sector and cross-regional survey of those with an interest in the mainland property market for their views on market demand in the New Year, their financing and portfolio growth prospects, and what factors would be most important in driving their portfolio development.6 Feb 2013 - 4:59am
The total number of sites that were sold for commercial, industrial and residential developments registered a month-on-month decrease of 53 per cent to 2,145 in January, according to transactions monitored in 300 cities by the China Real Estate Index System (CREIS).6 Feb 2013 - 4:59am
Property developer Shenzhen Investment's shares surged yesterday after the company said it plans to acquire a site in Shenzhen from its shareholder Shum Yip Group.
Analysts said the deal was just the first step for the company in replenishing its land bank as the market recovers. The acquisition is expected to enhance the developer's leading position in the city's residential market.24 Jan 2013 - 4:58am
Resilient end-user demand will continue to support mainland property market sales this year, after a rise in both sales volumes and prices in 2012, according to analysts.
Home prices, especially in major cities, could be pushed higher as inventory stocks drop, which might trigger expectations for further policy measures to regulate the market, the analysts said.23 Jan 2013 - 4:47am
More mainland cities saw home prices rise last month, leading to concerns there could be further government measures to cool the housing market.
Prices climbed in the most cities in 20 months with 54 of the 70 cities reporting price gains, according to data tracked by the National Bureau of Statistics. This compared with 53 in November.19 Jan 2013 - 5:12am
Home price growth in major mainland cities has triggered concerns that the Beijing government may take further measures to cool the market.
The 100-city home price index compiled by the China Real Estate Index System showed that the overall price growth rate last year was 0.02 per cent year-on-year.9 Jan 2013 - 3:26am
The mainland's push for urbanisation as part of its economic development next year will benefit a range of stocks in the consumer and property sectors.
Shares of companies in the real estate, retail, restaurant, tourism, health care and skin care industries would benefit the most from the urbanisation process, fund managers said.31 Dec 2012 - 4:58am
The mainland's property market is expected to bounce back next year, propelled by the new leadership's push to make urbanisation its top priority.
That is the view of top China dealmaker Frank Tang, chief executive of FountainVest Partners, a China-dedicated private equity firm partly financed by Singapore's wealth fund Temasek.28 Dec 2012 - 9:23am
Stroll down the streets of Wenzhou and it doesn't take long to realise how dead its once red-hot property market has become. In property agencies, brokers take an afternoon nap or watch television in offices that once buzzed with activity.23 Dec 2012 - 4:03pm