Analysts are pessimistic about outlook as lockdowns and worries about economic growth weigh on the property market. . Read more at straitstimes.com.
PROPERTY
China’s new home prices fall at slower pace as authorities loosen curbs, but sector not out of the woods yet, analysts say
Prices of new homes in 70 major cities dropped by 0.07 per cent in March, slightly narrower than February’s 0.13 per cent decline ‘Although the decline is slower, there are still hurdles to a rebound…
China’s new home prices stalled in March month-on-month
China’s new home prices stalled for a second straight month in March, official data showed on Friday, as growing COVID-19 lockdowns dampened consumer confidence and weighed on demand.Average new home …
Mark Keenan: Chinese whispers can’t deny reality of its ghost cities – and what could potentially be the biggest property crash in history
What an incredible skyline! Thank goodness it’s missing the tons of homeless people, drug addicts, graffiti, trash, street gangs, and rag tag street vendors!” …
Lingang free-trade zone lowers bar for home purchases, as China’s property easing measures arrive in Covid-19 ravaged Shanghai
Lingang will allow talent to buy homes after working there for three months, down from at least one year previously China ‘needs a stable property market to support its economic growth’: CGS-CIMB …
UBS Finally Gets New Manager for Fund Ensnared in China Property
UBS Group AG has found a new manager for the fund caught out by China’s property turmoil, ending a five-month gap in permanent leadership. Raymond Lin Gui will join the Swiss bank’s asset management …
China’s National Intellectual Property Administration Issues Notice on Continuing to Severely Crack Down on Malicious Registration of Trademarks
China National Intellectual Property Administration (CNIPA) issued the “Notice of the CNIPA on Continuing to Severely Crack Down on Malicious Registration of Trademarks” …
Property developer Sunac China misses $29.5 million coupon payment
Sunac China has not paid a coupon worth $29.5 million due Monday for a dollar bond, a person with knowledge of the matter said on Tuesday, marking the first missed offshore payment for the country’s…
No turning point yet for China property
Market participants looking for some respite from the woes of China’s property sector are likely to be left disappointed — again. Last Saturday, Zhenro Properties Group joined a growing list of …
China’s developers bid more for land, betting supportive measures will revive property market
The premium on parcels of land in eight major cities that completed their first round of auctions for the year was up from 2021 as home builders went higher with their bids.
China accelerates inward economic pivot with plan to create a ‘unified domestic market’
It also said efforts would be made to protect property rights, market access, fair competition and social credit access. China will work to develop a “unified domestic market” for production and …
China property: cities ease curbs as economy takes coronavirus hit
Property curbs are easing in cities across China as stability takes precedence over reform in the slumping, debt-ridden sector. More than 60 municipal authorities started easing property …
China issues guideline on establishing unified domestic market
jointly issued by the Communist Party of China Central Committee and the State Council. Efforts will be made to improve a unified property rights protection system, implement a unified market access …