Real estate agencies in the city state have seen more inquiries from mainland Chinese buyers, who made up 6.9 per cent of foreign purchases of private flats last year.
PROPERTY
China’s top 100 developers report decline in sales in sign government support policies improved funding, but not demand
China’s top 100 developers reported a decline in contracted sales in January, according to CRIC, suggesting that Beijing’s recent support policies have been more effective in rescuing cash-strapped …
Businessman accused of buying S$6 million worth of property through Singaporeans still at large in China
SINGAPORE: A foreign businessman who faces pending charges over the S$6.25 million purchase of three restricted landed homes in East Coast is still at large after absconding in 2017 and is believed to …
China property crisis: Kaisa aims to resume shares trading in March after publishing delayed audit
The developer said its Hong Kong-listed shares could resume trading after almost a year of suspension prompted by its failure to publish 2021 accounts Kaisa has said it is working on a restructuring …
China’s property sector turmoil to weigh on future growth -IMF chief economist
China’s troubled property sector will continue to weigh on growth and will not be an engine of growth until there is some “cleaning up” of the market, the International Monetary Fund’s chief economist …
China Property Share Slump as Home Sales Fall During Holiday
Chinese property shares dropped after housing sales fell during the Lunar New Year holidays, underscoring the challenge the country faces in salvaging the real estate sector.
China Junk Dollar Bond Prices Swing From Record Low to Longest Winning Streak
Chinese high-yield dollar bonds are on a record winning streak, as efforts to buttress the ailing property sector and the government scrapping its Covid Zero policy have boosted the country’s economic …
China owns vast network of UK real estate, offshore records reveal
Presence of key distribution centres on list of more than 250 properties raises questions about grip on supply chain links …
Young Chinese say real estate isn’t the nest egg it was once all cracked up to be
China’s older generation invested relatively heavily in property, buying up homes and flats in the hope that they would appreciate greatly over the years, but Generation Z appears to have a different …
Can China fix its property crisis?
Policymakers are also trying to rescue the property sector. After two years of forcing developers to deleverage—which has pushed dozens to default on debts—regulators are now abandoning many of these …
China’s real estate magnate Hui Ka Yan loses 93 per cent of his wealth
Once the second-richest person in Asia, the China Evergrande Group chairman’s fortune is considerably diminished, moreover, Hui is also finding himself increasingly isolated politically, with the …
The real estate bubble bursts due to Xi Jinping’s misadventure… The next target for wealthy Chinese is “Karuizawa and Atami” after the city center condominiums.
China’s real estate bubble is bursting, and Japan is being affected…! The culprit is President Xi Jinping. The super-rich, who have too much to hold onto in China, are already on the move…!
A Recovery in China’s Property Market? Not So Fast.
China is trying to diffuse risks in it property sector with a variety of stimulus measures but volatility will continue.
