as policy makers try to engineer a soft landing for the property market. While most residential sales come from third- and fourth-tier cities, large urban centers like Shanghai are often ... ( read original story ...)
Banks in nearly 90 Chinese cities cut mortgage rates
At Shanghai banks, the monthly growth of property loans, including mortgages, must not lag behind the growth of other loans, and the balance of real estate loans at the end of each month must not ... ( read original story ...)
New home prices up as big city demand returns
China’s property market, accounting for a quarter of gross domestic ... Average prices of new housing in the country’s four largest cities – Beijing, Shanghai, Guangzhou and Shenzhen – swung from a ... ( read original story ...)
China’s Zhenro Properties slumps after debt warning
Shares and international bonds of Zhenro Properties slumped further on Monday after it said existing internal resources might be insufficient to repay debt due in March. ( read original story ...)
Anantara unveils plans for new China property
Anantara is preparing to make its debut in Anji County in north-western Zhejiang province. A popular escape for nature lovers and hailed, the location is hailed as an eco-tourism destination. ( read original story ...)
China’s Zhenro Properties slumps, says it may not have funds to repay debt
Its dollar bond due Aug. 3 traded at 17.262 cents on the dollar, compared to 20.345 on Friday. Shanghai-based Zhenro, the country's 30th biggest property developer by sales, said in a Jan. 4 filing it ... ( read original story ...)
China’s new home prices perk up as big city demand returns
Beijing, Shanghai and Shenzhen increased 1.0% ... market is expected to gradually stabilise in March or April," said Zhang Dawei, chief analyst with property agency Centaline. "First- and second-tier ... ( read original story ...)