A development in Foshan offers two-bedroom units to Hong Kong buyers for as little as US$124,000 amid growing cross-border Traffic on the high-speed railway from West Kowloon.

A real estate industry body in Fuzhou, in China’s Fujian province, retracted a suggestion that home sellers share half of commission costs, citing its ‘inaccurate grasp’ of a policy Beijing introduced last month with the aim of lowering homebuying expenses.

Sichuan Languang Development, once hailed as a top investment value, is the first of a wave of delistings that could further dampen home-buying sentiment, analysts say.

Cheung Kei Group plans to offload equity in two properties located in Canary Wharf, London to help mitigate its cash flow problems and said its asset quality was high and debt ratios low relative to its peers.

Overdue debt, unpaid bills, and payments involved in lawsuits have piled up to nearly US$127 billion, the company revealed in a stock-exchange filing.

Dalian Wanda’s dollar bonds jumped to a new high on Monday after it said creditors of loans worth US$1.3 billion had not demanded early repayments following the failed IPO of unit Zhuhai Wanda.

Three major Chinese developer including Vanke have moved a step closer to raising funds in the country’s capital market after Beijing restarted equity financing for the property sector late last year.

China’s construction sector reported the longest payment delays in 2022, even as Beijing eased restrictions on financing for the sector following a years-long crackdown, Coface report says.

Discounts of as much as 28 per cent at a project located an hour’s drive from the city centre of Shenzhen are described by local housing authority staff as market-led behaviour, according to Chinese media.

The Federal Reserve’s policy tightening and the recent banking-sector crisis are weighing on the US economy, which is staring at a possible recession in 2024, Daniel Ivascyn, Pimco’s CIO, tells the Post.

Readers discuss the need for reform to moderate the cycle of boom and bust, the advantages of the financial hubs of Singapore and Hong Kong, and the role of language teachers in an age of AI.

China’s property sector’s recovery remains on track although it faces challenges in the form of the demographic trend, still-tight financing conditions and policymakers’ wariness about speculative forces.

Developers have more capital now, but most of it is reserved for completing current projects instead of starting new ones. National Bureau of Statistics data shows investment in property development in decline, indicating that the supply side has yet to recover, analysts said.

Moody’s Investors Service has for the first time in about two years projected a favourable outlook for China’s property sector, based on better sales and funding conditions for developers.

The enormous flats in Wanliu House, an exclusive development recently made famous by a viral clip, are available as a bundle that will form the collateral for a bad debt sale, providing a rare opportunity for the right investor.

Families and individuals in China sank their life savings into homes that were never finished. Many feel forced to move in despite having no electricity or running water. Photographer Weimin Chu recorded their lives.

China property developer Fantasia’s debt to equity swap plan is at risk of failing as a major shareholder demands equitable treatment between minority investors and the controlling shareholder

China’s housing authorities and market regulators said in a notice that real estate agents should lower their commission fees “reasonably” based on the principle of “the higher the transaction amount, the lower the commission rate” and guide both sellers and buyers to share the fees.

One developer in Kunshan was offering discounts of over 25 per cent on new homes, while another was giving away free parking spaces, in a bid to boost home sales that had slumped by 14 per cent month on month in April.

Hong Kong property developer Shui On will be prudent in its selection of projects for development and will focus on high-quality assets even as competition fades in the China’s debt-stricken sector.

ByteDance’s decision to sell its real estate business underscores the tech unicorn’s continued reorganisation efforts.

With borders now open, Shenzhen and other cities in the Greater Bay Area are increasing marketing in Hong Kong to revitalise a weak market.

The authorities are likely to keep rolling out incentives to support mainland China’s property sector as April’s home sales look set to tank, according to analysts.

Hotels in China have hit the jackpot during the five-day holiday with a huge surge in post-pandemic demand allowing them to raise their room prices more than tenfold in some cases.

The project will be developed by property developer Hongkong Land, China Travel Service (Hong Kong) and West Bund, which is backed by the government of Shanghai’s Xuhui district.

Homebuyers’ appetite for property in top tier cities remains intact despite speculation that Beijing will announce a new property tax, which observers say is unlikely to be imposed across the board.

The implementation of a national household registration system after a decade-long effort could usher in a property tax that would help alleviate local-level government debt pressure and narrow the wealth gap.

The deadline to list Zhuhai Wanda Commercial Management Group lapsed on Tuesday, the Hong Kong stock exchange said, putting parent Dalian Wanda Commercial’s bonds under further pressure.