Kelvin Tay of UBS Global Wealth Management says the sector’s recovery is, at the moment, confined to China’s Tier-1 cities and government-backed developers.
PROPERTY
There’s ‘huge consolidation’ in China’s property market, says portfolio manager
George Efstathopoulos of Fidelity International says China’s state-owned enterprises in property are “meaningfully” taking market share from private-owned ones.
China’s rescue of its property market must not seed the next crash
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…
Alabama ban on Chinese citizens buying property draws opposition; bill changed
A Senate committee rewrote a bill that would have prohibited Chinese citizens living in Alabama from buying property in the state.
China’s home prices see slower growth in April
BEIJING – China’s housing market saw narrowed growth last month, official data showed Wednesday. In April, 62 out of 70 large- and medium-sized cities saw month-on-month increases in new home prices, …
China’s developers keep their investment powder dry even as home sales improved in the first 4 months of 2023
Property sales grew 8.8 per cent in the first four months after rising by 4.1 per cent in the first quarter of the year, government data released on Tuesday shows Investment in property development …
China’s property investment, sales drop sharply in April on subdued demand
BEIJING: A slide in China’s property investment and sales more than doubled in pace in April, a sharp decline in …
China’s Jan-April property investment falls at faster pace
China’s property investment fell at a faster pace, down 6.2% from a year earlier in the first four months of 2023, from a 5.8% decline in January-March, official data showed on Tuesday. Property sales …
China’s April property investment, sales fall at faster pace on subdued demand
China’s property investment and sales fell at a faster pace in April, according to official data on Tuesday, as investors remain cautious due to still-fragile demand. We apologize, but this video has …
China Home Sales Accelerated in April
China’s home sales accelerated in April from a year earlier, whenCovid-19 lockdowns had dampened property transactions.
China’s factory output, consumption highlight frail post-COVID economic recovery
China’s April industrial output and retail sales growth undershot forecasts, suggesting the economy lost further momentum at the start of the second quarter and adding pressure on policymakers to …
Moody’s changes tune on Chinese property, raises sector’s creditworthiness for first time in about two years
Home sales are expected to report flat growth in the next 12 months after a gradual recovery in sales volume from a 28 per cent drop last year, rating agency says in report Homebuyers’ income…
Buyers from China are snapping up luxury Singapore property at a record rate
The number of luxury condominium units bought by buyers from China rose 158 per cent year on year in the first quarter, according to a property agency report.