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Jan 14, 2025 | 
yicaiglobal.com | Zheng Na
(Yicai) Jan. 14 -- Chinese real estate companies, including Country Garden Holdings, are proposing debt restructuring plans with worse-than-expected terms, asking creditors for significant concessions due to poor home sales and shrinking balance sheets, according to industry insiders.
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Jan 8, 2025 | 
yicaiglobal.com | Zheng Na
(Yicai) Jan. 8 -- After an influx of new market entrants seeking low-risk real estate opportunities, growth in China's construction management sector is slowing amid sluggish project launches and weak new home sales. Last year, 28 leading construction agencies reported less than 8 percent growth in construction area compared to 2023, according to data from the China Index Academy. This marks the first time since 2018 that the annual growth rate has fallen below 10 percent.
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Jan 8, 2025 | 
yicaiglobal.com | Zheng Na
(Yicai) Jan. 8 -- Second-hand home sales in Shanghai reached a near four-year high last month after the local real estate market experienced the most lenient period of policy regulation in nearly a decade last year. Some 29,700 pre-owned houses changed hands in Shanghai last month, according to data released on the website of the Shanghai Real Estate Trading Center. The figure rose 26 percent to 242,700 units last year from the previous year.
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Dec 2, 2024 | 
yicaiglobal.com | Huang Lin |Zhou Ailin |Zheng Xutong |Zheng Na
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Dec 2, 2024 | 
yicaiglobal.com | Qi Qi |Zheng Na |Du Chuan |Jie Shuyi
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Dec 2, 2024 | 
yicaiglobal.com | Zheng Na |Qi Qi |Lin Zhiyin |Huang Lin
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Dec 2, 2024 | 
yicaiglobal.com | Zheng Na |Qi Qi |Lin Zhiyin |Huang Lin
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Nov 29, 2024 | 
yicaiglobal.com | Zheng Na
(Yicai) Nov. 29 -- The market for land in Shanghai has continued to pick up, with the city logging the highest average and single parcel premiums for this year during its latest land auction. Over 20 real estate companies took part in an auction for 10 plots of land that ended yesterday, with the parcels selling for a total of CNY30.7 billion (USD4.2 billion). Seven parcels were sold at a premium and three at the base price, with the average premium rate reaching 19.7 percent.
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Nov 29, 2024 | 
yicaiglobal.com | Du Chuan |Qi Qi |Tang Shihua |Zheng Na
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Nov 28, 2024 | 
yicaiglobal.com | Zheng Na
(Yicai) Nov. 28 -- China's real estate market may emerge from its three-year downturn and stabilize next year, contingent upon the effectiveness of economic and real estate policies, according to experts. New home sales could stop falling in an optimistic 2025 scenario, driven by rapid implementation of policies such as urban village renovations, governmental commercial housing acquisitions, and home purchase subsidies, according to a recent report by the China Index Academy.
