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Industry Updates

  • China poised to add REITs to cool down simmering property market
    By Lee Chyen Yee and Joy Leung (China Daily)   In the latest salvo aimed at its property market, China is getting ready to launch a real estate investment tool that will give investors an alternative to bricks and m...
  • Government to punish property price manipulation
    By WANG QIAN (China Daily)   China's top housing authority has pledged to punish property developers who deliberately raise housing prices by delaying proposed sales dates - the latest move by the government to cool...
  • China's real estate time bomb ticking
    By Hu Yuanyuan (China Daily)   How much should two chicken pancakes cost? For Zhao Rui, a 28-year-old company executive in Beijing, they cost him 400,000 yuan when he missed the chance to buy a home at a lower price...
  • Overcapacity exacerbated by recession
    By Andrew Moody and Lan Lan in Beijing (China Daily)   Once the red ribbon is cut on any new project, it would involve a huge loss of face in China for it not to go ahead.   The ever-looming potential dark si...

Business News

  • Housing prices to decline, says BNP
    By Chua Kong Ho (China Daily)   Home prices will decline from this month as the government maintains its lending curbs and increases the supply of public housing, forcing property developers to cut prices to boost s...
  • NBS to reform housing price statistics
    By Wang Xiaotian and Qiang Xiaoji (chinadaily.com.cn)   The Chinese government is trying to improve statistics on housing price and a draft of the statistics reform will be published before Oct 1.   Ma Jianta...
  • Aetos, Yida team up for real estate JV
    By Hu Yuanyuan (China Daily)   Aetos Capital, the US investment management firm, is investing $50 million in a joint venture with Yida Group to develop a residential project in Dalian, Liaoning province, sources fam...
  • Govt replacing slums with basic housing
    By Tian Xuefeiand Xin Dingding (China Daily)   The capital of Heilongjiang province, known for winters with temperatures as cold as -30 C, plans to tear down all its urban slums within three years and move its occup...

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