Beijing's retail property market saw a drop in the average vacancy rate in the last quarter of 2023, while rental rates increased Higher demand in Shanghai's retail property market was offset by the ... ( read original story ...)
PBOC may increase size of property funding tool
China's central bank is likely to further expand the size of a targeted funding tool — pledged supplementary lending — to proactively back the struggling property sector, experts said after a PSL ... ( read original story ...)
China Is Trying to Fix Its Property Market. The Outlook Isn’t Bright.
New home prices in China’s 70 big cities fell for a sixth month and values in the secondary market declined the most in nine years. Policy makers are trying out a wide range of measures to stabilize ... ( read original story ...)
China property: ordinary buyers eye foreclosed homes at heavy discounts as investors retreat from market
A growing number of ordinary homebuyers looking to occupy their house rather than invest are looking at properties that have been repossessed by banks as a supply surge brings prices even lower. ( read original story ...)
Shanghai Expo to benefit common residents
China's successful bid to host the 2010 World Expo in Shanghai will bring great benefits to local residents, commentators predict. Dr. Chen Wei, researcher with the Economics Institute of Shanghai ... ( read original story ...)
88-Year-Old Man In China Leaves Property Worth Rs 3.8 Crore To Fruit Seller
An 88-year-old man in China left all his assets, including a property worth 3.3 million yuan ($460,000), to a fruit seller who was not related to him. ( read original story ...)
Shocking! Man Transfers Property Worth Rs 4 Crore To Fruit Vendor; Here’s Why
In an unusual turn of events in Shanghai, an 88-year-old man has transferred properties worth approximately 4 crore rupees. ( read original story ...)