Thirty minutes drive from downtown Shanghai is a suburb which would never grace the glossy brochures promoting China's commercial capital, even if the price of apartments would suggest otherwise. In the Putuo district, known mainly for its bland tower ... ( read original story ...)
China stops individuals from buying Beijing commercial property
SHANGHAI China's regulators have introduced rules to curb the purchase of new commercial property in Beijing by individuals in the latest step by authorities to cool the market. New commercial plots can now only be sold to enterprises, public entities and ... ( read original story ...)
The First Group Showcases Unparalleled Opportunities in Dubai’s Booming Property Sector to Chinese Investors
... set to support awareness of surging interest in Dubai’s property market by exhibiting at this week’s Dubai Property Show in Shanghai SHANGHAI--(BUSINESS WIRE)-- Leading developer The First Group is showcasing the unrivalled opportunities in Dubai ... ( read original story ...)
China stocks slip on worries about fresh property curbs
SHANGHAI, March 20 (Reuters) - China stocks dipped on Monday as fears of fresh property cooling measures and broader monetary policy tightening hit shares of developers. The Beijing municipal government announced new steps to rein in its booming housing ... ( read original story ...)
China stocks wobble on worries about fresh property curbs
SHANGHAI, March 20 (Reuters) - China stocks struggled for traction on Monday as fears of fresh property cooling measures and broader monetary policy tightening hit shares of developers. The Beijing municipal government announced new steps to rein in its ... ( read original story ...)
China stocks end up as energy offsets fresh property curbs
SHANGHAI, March 20 (Reuters) - China stocks recouped earlier losses to end slightly higher on Monday, as strong gains in energy stocks offset weakness in developers following fresh measures to cool the property market. The blue-chip CSI300 index rose 0.1 ... ( read original story ...)
Shanghai Housing Bubble No Match For New York's
Shanghai’s average salary per month is 7,108 yuan ($1,135) or 85,300 yuan a year. That puts local property in Shanghai at about 9 times median salaries in the city. Not bad. Let’s compare that to New York, where the median income is around $52,000 a ... ( read original story ...)