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Chinese Property News

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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 ...

Is Bund skyline threatened?
Jul 29, 2011 (WiC 117)

SOHO China, one of the country’s largest and best known private property developers, has a reputation for sleek, modern apartment blocks. Last week it realised that not everyone appreciates its more innovative designs. The company recently ...

Lift going down

Otis in PR storm after equipment malfunctions
Jul 22, 2011 (WiC 116)

When Elisha Otis took an axe to the hoist rope supporting his elevator at the 1854 World’s Fair, most onlookers thought he was done for. For half a second, he might have regretted the decision. But then his elevator’s brakes engaged as ...

The new commuter belt

Real estate near nation’s high-speed train stations soars in value
Jun 30, 2011 (WiC 113)

Bengbu, once a sleepy city in Anhui, now has one of the hottest property markets in China. Thanks to the Beijing-Shanghai high-speed rail link, the average home price in the city has reached Rmb4,800 per square metre, compared with just Rmb1,700 ...

Home sweet home

Are Chinese tiring of buying foreign property?
Jun 17, 2011 (WiC 111)

It has been a busy summer for property broker Steve High. Although the US property market remains dismal, he told the Wall Street Journal, he’s busier than ever thanks to a flood of Chinese buyers. They now account for more than half of his ...

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