Shanghai underlines mass housing

Mao Wenyuan, property sales manager with Shanghai Wendi Property, said: "From the planned land use and planned numbers of new supplies in residential properties and rental residential apartments, we can say that a high percentage of new supplies will be ... ( read original story ...)

Greenland sells management arm to rival developer for US$146m

Shanghai-based Greenland Holdings, the mainland’s fourth-largest developer by sales, has agreed to sell its property management unit to its Guangdong rival Agile Property Holdings, raking in a one-time gain of 993 million yuan (US$146 million). ( read original story ...)