Analysts say weakening property markets in smaller cities show they have fared worse economically in recent years due to a lack of new industrial development and an outflow of workers seeking jobs in … (…
PROPERTY
Economic Watch: China seeks ways to increase people’s property income
BEIJING, March 17 (Xinhua) — With per capita disposable income growing steadily over the years, China has pledged in its development plans to increase urban and rural residents’ property income … ( read original story…
Fearing a Property Bubble, China Overhauls How It Sells Land
To tame a frothy real-estate market, China is turning to one of its root causes: the way land is sold in big cities. ( read original story …)
China tycoon who lost $32 billion tries to salvage an empire
Now the 66-year-old doesn’t even figure among China’s top 30 richest people, having lost about $32 billion of his personal fortune in less than six years — the most for any tycoon in that period.…
China’s property market abuzz as authorities walk tightrope to recall illegal loans
China’s property market was abuzz last week after a photo distributed online showed a bank letter demanding early repayment of a personal loan of nearly 300 million yuan (US$46 million). The letter, … ( read…
Singapore Property Dynasty’s China Deal Is a Cautionary Tale
When Singapore’s richest property family invested in a Chinese real estate group, the deal was touted as “game-changing” for its expansion in Asia’s largest economy. Almost a year later, it has … ( read original…
China’s new home prices accelerate in February, property investment soars
BEIJING (Reuters) – New home prices in China rose at their fastest pace in five months in February, official data showed on Monday, as red-hot demand for property in the world’s-second largest economy … (…
Singapore Property Dynasty’s China Deal Becomes Cautionary Tale
When Singapore’s richest property family invested in a Chinese real estate group, the deal was touted as “game-changing” for its expansion in Asia’s largest economy. Almost a year later, it has … ( read original…
CDL, Sincere Property disagree over the Chinese developer’s missed debt payment
SINGAPORE – Sincere Property Group was already one of the largest real estate developers in Chongqing city in central China before it made headlines here when Singapore’s City Developments Limited’s … ( read original story…
China’s Ant says to not issue loans to minors, prevent loans flowing into stocks, property
China’s Ant Group on Friday said its consumer loan platforms will not issue loans to minors, and will prevent small business loans from flowing into stock and property markets. ( read original story …)
Singapore Developer Spats With China Unit After Bond Lapse
(Bloomberg) — An escalating feud between Singapore’s richest property family and its troubled Chinese unit … it dubbed the deal as “game changing” for its expansion in China but it has since … ( read…
China’s runaway house prices may ease as centralised land sale forces developers to curb spending spree
Developers will be forced to rethink their land buying needs as the government sets auction frequency to three times a year under the new centralised scheme. ( read original story …)
‘Go Back to China!’: Real Estate Agent Loses Job After Racist Rant Caught on Camera
A real estate agent living in Brooklyn, New York is now out of work after telling an Asian gym manager to “go back to China.” The incident, which was caught on video, occurred at a…
