CHINA TOPIX

05/02/2024 02:14:44 pm

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China Real Estate

Chinese government to limit land available for new homes

China to Limit Release of Land for Residential Projects

China will be limiting or stopping the releasing of land for residential housing projects particularly in regions were supply is glut. This is one of the moves that the Communist Party has announced to clear a property overhang weighing on the economy.

Foreign workers in Beijing can now own a property

Foreign Workers Can Own a Property in Beijing

Foreign workers in Beijing, who hold permits, are now allowed to buy one residential apartment - with the cancellation of the requirement of having at least one year employment in the city, according to authorities.

China's Richest Man

China's Two Biggest Property Developers Team Up to Buy Land at Home and Abroad

Two of China's biggest property developers are teaming up for local and overseas projects.

China's Housing Demand to Reach 35 Million

China will need five million homes each year over the next seven years, or a total of 35 million homes, Singapore-based real estate firm CapitaLand said.

China's Home Prices Drop for the First Time in Nearly Two Years

For the first time in 23 months, prices of homes in most major Chinese cities declined in May, a proof that the country's once red-hot real estate market is slowly losing steam, a recent independent survey showed.

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