Luxury Real Estate Blog and News
Guangdong province is calling for the cancellation of a decades-long property pre-sale system that has played a primary role in supporting China’s real estate developers.
Home transactions in Hainan plunged 14 percent on the month and 41 percent year-on-year in May, according to real estate research firm CRIC.
Raffles City Chongqing, a project headed by the architect Moshe Safdie, will boast 134,000 sq m of homes, shops, offices, entertainment, transportation links and a public park.
Property prices in the city of Dandong have skyrocketed since North Korean leader Kim Jong Un visited Beijing in March, Chinese media reported.
Prices of residential sites in Asia increased by 1.9% in the first half of 2016, down from 2.8% in the preceding six months.