High land and construction costs and a lack of infrastructure such as hospitals and community facilities are making it more difficult to develop affordable retirement housing on the mainland, property analysts say.Monday, 30 July, 2012, 12:00am
Beijing should spur the development of retirement housing for the mainland's growing population of senior citizens by offering incentives to private developers and investors, an analyst says.
Thomas Lam, head of Greater China research at Knight Frank, says developers and investors are still searching for a viable business model despite the strong demand.20 Jun 2012 - 12:00am
The property downturn on the mainland continues unabated, with home sales in the first quarter dropping 17.5 per cent to 709.9 billion yuan (HK$874.4 billion) from the same period last year, according to the statistics bureau.14 Apr 2012 - 12:00am
With grade-A office rents in Central at an historic high, companies that need to keep a close watch on rental budgets are looking elsewhere.30 Sep 2011 - 12:00am
Home sales and prices fell sharply on the mainland last month as buying sentiment cooled in the wake of the central government's continued nationwide policy measures to curb demand in the housing market.12 May 2011 - 12:00am