Tag Archives: China Property

China property investment growth slows to 3.5% on-year in Jan-Aug

Growth in China’s real estate investment slowed to 3.5 percent in the first eight months of this year from the same period a year ago, though the area of property sold rose 7.2 percent, official data showed on Sunday. The … Continue reading

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China eases foreign purchase rules for property

China loosened restrictions on foreign investment in real estate after the yuan’s depreciation reduced the appeal of Chinese property assets. Overseas companies’ Chinese units and foreign nationals working and living in China can buy properties for their own use that … Continue reading

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Perennial Real Estate expanding into healthcare in China

Local property group Perennial Real Estate Holdings is making a foray into healthcare for the first time through a joint venture (JV) in China which plans to acquire and develop hospitals. Perennial will be investing S$63 million for a 40 … Continue reading

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China home prices fall in November despite rate cut

China’s housing prices fell on a monthly basis for the seventh straight month in November, a survey showed on Sunday (Nov 30), with the market yet to feel the full impact of an interest rate cut. The average price of … Continue reading

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China developers’ reluctance to cut prices likely to hamper growth

The biggest immediate risk facing China’s economy is about to get worse as a reluctance among some developers to cut prices is worsening a housing glut that threatens to extend a slide in construction that has already weighed on growth. … Continue reading

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China property developers balk at high prices in government land auctions

Chinese property developers wary of poor sales amid the country’s industry downturn are giving expensive government land auctions the cold shoulder, with plots in the capital going unsold for the first time since April 2011. The poor reception highlights the … Continue reading

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China’s housing prices continue to fall

China’s decline in property prices accelerated in July, an independent survey showed, adding to concerns over the sector, a key component of the world’s second-largest economy. The average price of a new home in 100 major cities was 10,835 yuan … Continue reading

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CapitaLand optimistic about long-term potential of Chongqing property market

Deputy Prime Minister Teo Chee Hean on Wednesday (July 30) led a Singapore delegation on a visit to the future Raffles City Chongqing work site. He is in Chongqing on the third day of an official trip to China. The … Continue reading

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Shanghai approves city’s most expensive homes amid downturn

China’s financial centre, Shanghai, is allowing a developer to seek the highest-ever home prices in the city, in an effort to boost its sluggish luxury home market. Shenzhen Overseas Chinese Town can set prices as high as 298,000 yuan (S$59,700) … Continue reading

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Real estate demand on the rise in China: CapitaLand CEO

China’s urbanisation will continue to drive fundamental demand for homes and real estate. Speaking on Wednesday at the World Cities Summit China In-Focus Forum in Singapore, CapitaLand’s CEO Lim Ming Yan estimated that there is demand for 35 million homes, … Continue reading

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