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Vanke will not cut projects
Property developer China Vanke said it has no intention of scaling back its development plans because housing demand is still strong. Vanke had given careful thought to how the property…
Pricey property keeps skills away
Over one month after the Chinese government launched property tightening policies, the average housing price in Shenzhen has remained unchanged though the sales volume fell sharply. In the meantime, analysts…
Housing demand still strong in China, says Roach
The property boom in China isn’t a bubble because it is supported by “solid” demand for residential housing, according to Stephen Roach, chairman of Morgan Stanley Asia Ltd. While portions…
China Is World’s Hottest Housing Market, Knight Frank Says
China overtook Hong Kong as the world’s hottest housing market in the first quarter, with prices rising at more than double the rate of anywhere else, property adviser Knight Frank…
Scrapped H.K. Home Sales Signal Success on Prices
The canceled sales of 20 Hong Kong luxury apartments worth HK$2.67 billion ($342 million) may be the first sign that government efforts to curb the soaring property market are having…
Asian Nations Impose Curbs to Slow Expanding Property Bubbles
From Shanghai to Singapore, policy makers are struggling in their efforts to curb property bubbles that threaten to derail the world’s fastest-growing region. In China, home prices are surging at…
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