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Chinese Property News

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Good news for landlords

As fewer buy properties, rents in Beijing are going up
Feb 17, 2012 (WiC 138)

One of China’s more controversial television series in recent years was Dwelling Narrowness. One of the show’s main storylines followed the difficulties of a white-collar couple trying to get on the property ladder. Stuck in rented ...

How to lose a billion in the real estate market
Jan 27, 2012 (WiC 136)

Last Easter WiC published China’s Tycoons, a book recounting the rags-to-riches tales of the nation’s top entrepreneurs. Men like Cao Dewang, who started out selling fruit. Cao cycled 80 kilometres a day around the city of Fuqing. ...

Darwinian times for China’s property developers
Jan 13, 2012 (WiC 134)

Desperate times call for desperate measures. So Greentown’s latest asset sale makes you wonder just how frantic company bosses might be getting. Since September, the Hangzhou-based developer has been in the news for its financial troubles ...

Sales relationships

Unusual methods employed to sell apartments
Jan 6, 2012 (WiC 133)

Offers of a giveaway household appliance or vacation getaway are no longer particularly unusual from developers looking to buck China’s housing slowdown. But one sales team is really going the extra mile to get attention – throwing in a free ...

A developing problem

The world’s two biggest risks? Try the eurozone and a China real estate bust
Nov 11, 2011 (WiC 128)

Chinese developers have a penchant for giving their projects exotic names, often with a French twist. Maybe they are of the impression that it adds a touch of class. Take, for example, the Palais de Fortune or the Chateau Zhang Lafite, two ...

As sales slow, property developers’ finances are looking shaky
Oct 21, 2011 (WiC 126)

When news broke of the death of Steve Jobs, SOHO China’s chairman Pan Shiyi wrote on his weibo that Apple should consider selling its iPhones and iPads for under Rmb1,000 to commemorate Jobs’ life. The post was quickly reposted by ...

Real estate enigma

Fathoming China’s property market is tough
Sep 30, 2011 (WiC 124)

If the stockmarket is anything to go by, China’s property prices are heading south. Last week, real estate stocks took a tumble, with several Hong Kong-listed Chinese developers suffering double-digit declines.
The trigger for the drop was ...

New marriage law is all about real estate
Sep 9, 2011 (WiC 121)

English politician and lawyer Sir Edward Coke, famously declared that “a man’s house is his castle, and each man’s house is his safest refuge.” That was in 1628. But until last month, his view was pretty much true for Chinese women, ...

Residents unhappy at surge in land reclamations in Dalian
Sep 2, 2011 (WiC 120)

Houshi Cun was a quiet seaside village until about six months ago. Times have changed quickly since then, courtesy of the construction cranes and heavy-duty bulldozers now building luxury villas across town. Construction of other residential ...

Rotten boroughs

Affordable housing push may face delays because of shoddy construction
Aug 19, 2011 (WiC 118)

Two months ago, China’s rapidly expanding high-speed rail network was a badge of national honour – or “a major achievement of China’s technology innovation” in the words of the Ministry of Railways. The deadly train crash near the ...

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