Published News » Real Estate

SHUI On Land Ltd, the Hong Kong developer most renowned for its Xintiandi restaurant and bar district in the heart of downtown Shanghai, yesterday unveiled a business and lifestyle project near Shanghai's Hongqiao transport hub.The project is called The Hub and is within walking distance of the city's smaller airport and high-speed rail station. It will cover a site area of 62,000 square meters w
Some bank outlets in Shanghai have suspended mortgage loans to home buyers, the China Securities Journal reported Thursday.
HOME-PURCHASE restrictions in Shanghai are likely to be a long-term policy, a city housing official said yesterday.That was mainly due to inadequate supply as well as the continuing robust demand for homes, said Liu Haisheng, director of the Shanghai Municipal Housing Support and Building Administration Bureau, the local industry watchdog.
About 250 exhibitors have set up booths to promote their projectsThe annual Shanghai Spring Real Estate Fair, a traditional indicator of the city's housing market, kicked off on Thursday. Coming amid the harsh housing policies, the fair shrank drastically with fewer exhibition booths and housing projects.

CHINA'S four biggest banks have stopped extending new credit to developers for the rest of the year, while the total credit available to property firms will be cut by 20 percent next year.

The Industrial and Commercial Bank of China, China Construction Bank, Bank of China and Agricultural Bank of China used up their credit quotas for developers this year, China Real Estate Business, a newspape
US investment management firm to invest in Dalian residential project

Aetos Capital, the US investment management firm, is investing $50 million in a joint venture with Yida Group to develop a residential project in Dalian, Liaoning province, sources familiar with the development told China Daily on Monday.

The deal comes close on the heels of a joint venture set up by US private equ
Continued tightening means sector will face difficult fourth quarter

China's property developers will endure a cold business climate this winter with no let-up in the government's tightening measures, and as housing supply gradually picks up and financing channels are blocked, industry insiders said.

"Based on signals from the central government, the tightening policies will definite
SHANGHAI will probably see the sharpest correction in home prices among all first-tier cities during the second half of this year amid abundant supply, a major industry research firm predicted yesterday.

The average home price is likely to dip a further 15 percent in the second half in Shanghai, where new home supply, in terms of gross floor area, is expected to soar 77 percent during the peri

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