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China property

Shoppers on Canton Road in Tsim Sha Tsui. Photo: Jelly Tse

Tsim Sha Tsui named world’s fourth most expensive shopping district

District falls from third place but is the most expensive shopping destination in Asia-Pacific, according to Cushman & Wakefield.

21 Nov 2024 - 8:21PM

Wary of ‘vicious’ events, China makes migrant worker arrears a priority

20 Nov 2024 - 8:30PMvideocam

Shenzhen joins Beijing and Shanghai in offering tax breaks to boost home sales

20 Nov 2024 - 9:54AMvideocam

Amid property crisis, China must shift from ‘availability’ to ‘quality’: premier

Latest comments show how China’s leadership aims to ‘leverage technology’ and embrace modern advancements to fuel urbanisation drive and boost economy.

19 Nov 2024 - 5:03PMvideocam

Some of China’s top-tier cities are offering tax breaks on large homes, aiming to boost demand in the property market by reducing the cost of purchasing upscale housing. Photo: Reuters

Guangzhou moves ahead of Shanghai in tweaking ‘hukou’ to revive home sales

The capital of southern Guangdong province is saddled with 13.2 million square metres of unsold homes, which will require 22 months to clear.

19 Nov 2024 - 6:10PM

Recap | Signs of China’s housing market stabilising, new tax breaks: 5 China property stories

Slowing decline of new home prices, policy support drives sales rise and tax breaks in key cities aim to boost the market. See our latest coverage of Chinese property.

19 Nov 2024 - 2:29PM

Chinese developers speed up home sales amid exuberance among buyers

Robust sales in October have depleted supply, with many cities to experience a 20 per cent drop on average in November, research institute says.

18 Nov 2024 - 9:30AMvideocam

Homebuyers seen inside a property showroom in Nanshan district, Shenzhen on October 3. Photo: Yulu Ao

China, Singapore key to Hongkong Land’s US$10 billion asset disposal goal

Analysts approve the developer’s ‘strategic pivot’, but caution that execution remains key to its success.

17 Nov 2024 - 11:00AM

Recap | China’s stimulus boosts retail sales, GDP hopes amid debt relief concerns: 5 economy stories

October data shows retail sales improvement and easing unemployment, but concerns remain over Beijing’s stimulus efforts. Here are five economy stories.

16 Nov 2024 - 2:37PM

China’s new home prices slow 17-month decline after support measures kick in

Prices across 70 cities fell for the 17th month in October, but at a slower pace, suggesting support measures may be stabilising the market.

15 Nov 2024 - 12:14PM

A man rides a bicycle past residential buildings under construction in Huizhou, Guangdong province, on October 10, 2024. Photo: Reuters

China unveils new tax breaks to boost home sales, free up household cash

‘Pretty sizeable’ reductions would ease burdens on buyers and sellers, accelerating listings and sales, analyst says.

14 Nov 2024 - 10:22AM

An agent speaks with potential buyers near a scale model of residential buildings at a property fair in Shenzhen, Guangdong province, on Tuesday. Photo: Reuters

Navigating ‘tough phase’, China says economy is on road to recovery

Positive spin by party mouthpiece, while shying away from ‘chasing rapid growth’, comes as questions linger over China’s stimulus measures.

12 Nov 2024 - 9:01AMvideocam

Hong Kong residential property prices to rebound in 2025; unsold inventory looms

‘We expect Hong Kong home prices to be up 5 per cent in 2025,’ says Praveen Choudhary of Morgan Stanley.

11 Nov 2024 - 10:00AM

Open Questions | Economist Huang Yiping on Trump trade war 2.0 and China’s stimulus ‘U-turn’

Huang Yiping of Peking University talks the re-election of Donald Trump and why China needs its own Marshall Plan.

12 Nov 2024 - 7:01PMvideocam

China’s embattled property developers see sales surge in October

A release of pent-up demand driven by rate cuts has given developers a much-needed sales boost.

9 Nov 2024 - 6:00PM

Residential buildings under construction by Chinese real estate developer Vanke in Hangzhou. Photo: AFP

China unveils debt-relief plan, keeps further stimulus salvo in reserve arsenal

Week-long NPC Standing Committee meeting ends with mostly forward-looking plans to right China’s economic ship.

8 Nov 2024 - 11:53PMvideocam

What more does China need to do to fix its ailing property sector?

Rising sales in big cities seen as a positive sign, but falling prices remain a concern.

8 Nov 2024 - 2:00PMvideocam

China’s developers borrow more to satiate their thirst for funding

Bond financing in the property sector rose for the second month in October, rising 3.2 per cent from last year to 29 billion yuan, according to the China Index Academy.

6 Nov 2024 - 2:06PM

A general view of a residential housing complex under construction in Huaian in eastern China’s Jiangsu province on October 17, 2024. Photo: AFP

Agile’s boss sells Hong Kong flat at 62% below cost as revival comes too late

Chen Zhuolin, chairman of Agile Group, sold a second flat in three months as fire-sales continue in city’s property market.

5 Nov 2024 - 6:30PM

Beijing puts no price cap on land sale, signalling property-market shift

For the first time since 2021, market forces will decide the worth of a plot, as well as the prices of homes built on the site.

5 Nov 2024 - 3:55PM

Singapore builder CDL buys US$1.3 billion site in heart of Shanghai

Builder controlled by family of billionaire Kwek Leng Beng says move represents its ‘confidence in China’s long-term growth prospects’.

4 Nov 2024 - 6:30PM

People walk past a commercial compound in Xintiandi, Shanghai in September 2022. Photo: Yaling Jiang

The View | China’s property prospects aren’t all doom and gloom

Despite lagging investment, mainland Chinese and Hong Kong real estate markets still have unappreciated long-term growth opportunities.

4 Nov 2024 - 5:20PMvideocam

A poster in the window of a real estate agency in Fortress Hill, Hong Kong, shows deeply discounted house prices, on July 29. Photo: Eugene Lee

As Hong Kong and Singapore age, health businesses loom larger in property market

As the average age in Hong Kong and Singapore rises, landlords and developers need to become more in tune with the medical industry.

3 Nov 2024 - 9:30AM

China declares worst is over for housing market. Others see more misery

While China’s September stimulus blitz has restored US$4 trillion of value to stock markets, the wealth effect in the property sector is less obvious and immediate.

2 Nov 2024 - 10:02AMvideocam

China’s top 100 developers post better home sales, other signals still weak

Sales by the nation’s top 100 developers rose in October, the first month of year-on-year increase in 2024.

1 Nov 2024 - 3:00PMvideocam

An aerial view of a housing complex under construction in Huaian, in eastern Jiangsu province on October 17, 2024. Photo: AFP

Li Ka-shing companies to store 1 million tonnes of carbon dioxide in Australia

The agricultural property in Australia is three times the size of Hong Kong.

31 Oct 2024 - 12:16PM

Li Ka-shing, left, with son Victor Li Tzar-kuoi. Photo: Dickson Lee

China’s finance sector, a year after landmark conference, adapts to new normal

China’s central financial work conference laid down stricter standards for the field one year ago. How have practices and attitudes changed?

31 Oct 2024 - 7:00AMvideocam

Hongkong Land seeks US$10 billion from asset reshuffle, eyes high-end market

Strategic pivot aims to ‘ultimately’ double its profit before interest and tax and grow its assets under management to US$100 billion by 2035.

29 Oct 2024 - 9:59PM

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China property

China’s property market has surged in recent years. After prices jumped 25 per cent in 2009 alone, the central government imposed austerity measures, including lending curbs, higher mortgage rates and restrictions on the number of homes each family can buy.

last updated:

9 September, 2024