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property market

Hong Kong property agents told to warn homebuyers of the risks of buying off-plan units in mainland China, overseas markets

by Anas Siddiqui
Hong Kong property agents told to warn homebuyers of the risks of buying off-plan units in mainland China, overseas markets

The new guidelines, set to come into effect next summer, will require licensed estate agents to obtain a legal opinion from a lawyer practising in the place where the unfinished …

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Chinese property developer Powerlong signs restructuring deal with creditors in ‘significant progress’ for debt solution plan

by Anas Siddiqui
Chinese property developer Powerlong signs restructuring deal with creditors in ‘significant progress’ for debt solution plan

Distressed Chinese developer Powerlong Real Estate Holdings unveiled the preliminary terms of a restructuring agreement with an ad hoc group (AHG) of creditors late on Thursday, a deal which is …

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Opinion | China is a sideshow in 2024 economic outlook, for better or worse

by Anas Siddiqui
Opinion | China is a sideshow in 2024 economic outlook, for better or worse

What a difference a year makes. At the end of 2022, all eyes were on China as the abrupt end of the government’s zero-Covid policy fuelled hopes of a sharp …

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Link Reit committed to China as it dismisses rumours of asset sales with Guangzhou mall opening

by Anas Siddiqui
Link Reit committed to China as it dismisses rumours of asset sales with Guangzhou mall opening

Link Reit, Asia’s largest real estate investment trust, has opened a renovated shopping mall in Guangzhou, a clear indication of its focus on mainland China, with a top executive firmly …

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No end in sight to China’s property crisis as new home prices post sharpest decline since February 2015

by Anas Siddiqui
No end in sight to China’s property crisis as new home prices post sharpest decline since February 2015

Home prices in major Chinese cities fell for the fourth straight month in October, recording the steepest drop in nearly nine years, as demand continues to slump despite measures to …

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China scraps price caps in bid to revive land sales, tweaks rule to allow lower-density suburban projects

by Anas Siddiqui
China scraps price caps in bid to revive land sales, tweaks rule to allow lower-density suburban projects

Beijing is scrapping price caps and changing other rules on land sales by local governments as part of an effort to revive a stagnant property market and turn the tide …

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