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New Business

Wheelock’s Wan Chai project sells out in 2 hours amid housing rebound

Wheelock Properties sold all 60 units on offer within two hours at its latest residential project in Wan Chai on…

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New Business

Shanghai home sales shoot up on new incentives but sustainable recovery not in sight

Housing transactions in Shanghai ticked up after local authorities relaxed home purchase restrictions and lowered mortgage rates to underpin the…

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New Business

Shanghai relaxes home-buying rules as China’s property market struggles

Shanghai, the commercial and financial hub of mainland China, has further relaxed its home purchase policy, following Beijing’s lead to…

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New Business

Chinese homebuyers snub government incentives as they bet on further price falls

Analysts and potential buyers warn that the bearish sentiments might weaken the effectiveness of the stimulus measures aimed at reviving…

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Rebound in Hong Kong’s home prices unlikely to come this year: analysts

The improving sentiment in Hong Kong’s property market has spurred hope for a sustainable recovery in home prices, but analysts…

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Mainland developer Greentown to issue US$350 million bond to refinance debt

State-backed developer Greentown China said it would issue a US$350 million bond to help refinance its existing borrowings, the first…

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New Business

China’s property market still needs more support, Goldman Sachs says

China’s policy easing since September has been “more effective” than past interventions to stabilise the struggling property market, but “structural…

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New Business

Can Shanghai absorb 84,000 homes this year amid slowing sales, rising prices?

A glut of new homes is likely to saturate Shanghai’s property market this year, increasing pressure on developers to sell…

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New Business

Home prices in China’s biggest cities stabilise under Beijing’s stimulus measures

New home prices across mainland China in December registered the smallest month-on-month decline since June 2023, propelled by Beijing’s stimulus…

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New Business

China state-backed developers give back land they acquired when property market was hot

From Vanke to China Resources Land, a number of state-backed developers on the mainland have unloaded land that they accumulated…

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