Property
Real estate prices rise at record pace
16 March 2010Is there a property bubble and is it about to burst? According to the National Bureau of Statistics prices in 70 major cities rose 10.7% year-on-year in February.
Qin Xiaomei, chief researcher with property firm Jones Lang LaSalle Beijing said, "Despite the government's tightening policies, it will take some time for the sizzling property sector to cool down, as developers are still awash with cash from last year's sales boom."
Officials are trying to reduce the risk of asset bubbles, resurgent inflation and bad loans for banks after flooding the world's fastest-growing economy with cash to drive a recovery.
English People Daily reported Premier Wen Jiabao warned of "latent risk" in banks and pledged to crack down on property speculation in a speech to the country's annual parliamentary meeting in Beijing last week.
. more...Guangzhou looks for 'civic virtue'
11 March 2010A review of developments under consideration around the Tangde Gardens complex in Guangzhou show there are plans to construct 13,000 low-income housing units in the three surrounding lots over the coming few years. more...
China to lead world real estate developers
4 March 2010Wang Shi, chairman of China Vanke Co, the country's largest property developer by market value, said In the next five years, the world will see all of its top 10 real estate developers coming from China at the closing ceremony of China Entrepreneur's Forum, held in Yabuli, Heilongjiang province.
Wang said it's hard to make predictions on this year's property market as there are many uncertainties, pointing out that a bubble is probable due to the large quantity of new money supply last year. more...
More...
Asia's Property bubble expands (1 March 2010)Housing prices up 9.5% in January (19 February 2010)
Shangri-La makes waves in Chongqing (12 February 2010)
Hainan goes over the top (12 February 2010)
Real estate bubble a myth (28 January 2010)
Property Investment growth slows (22 January 2010)
CapitaLand $2.2 billion property bet (21 January 2010)
Property prices surge (20 January 2010)
Nationwide property tax possible (20 January 2010)
Hainan to halt land development speculation (19 January 2010)
Fujian Tobacco enters real estate market (19 January 2010)
China's real estate bubble, a heated debate (18 January 2010)
'Dramatic' real estate growth (14 January 2010)
Vanke December sales up 3% (12 January 2010)
China considers property tax (8 January 2010)
Glorious Property Jiangsu (7 January 2010)
Property restrictions knock-on effect (5 January 2010)
