China interest in city homes at 10-year low

Interest in buying homes in Chinese cities dropped to the lowest level in almost a decade, reflecting concerns over personal incomes, state media reported Tuesday.
Only 13.3 percent of respondents said they planned to buy apartments in the next three months, the lowest level since 1999, the Shanghai Securities News reported, citing a survey by the [...]

Beijing’s property market expected to keep shining after Olympics

Chen Jingnian is a confident young man with a mission — ride the wave of Beijing’s red-h
ot real estate market and buy a luxury car before he turns 30.
Tempted by the promise of rich rewards, the 26-year-old quit a university course that laid out a path as an IT engineer to instead become a real [...]

Real estate developer sets up a fund for China

Capitaland, Southeast Asia’s largest real estate developer by market capitalization, has set up a $1 billion private equity fund to invest in prime commercial properties in China.
CapitaLand said in a statement to the Singapore Stock Exchange that it has taken a major position in the Raffles City China Fund. This successfully closed at $1 billion [...]

Luxury begins at home for consumers

Domestic buyers have outnumbered overseas investors as dominant consumers of Shanghai’s luxury apartments, figures showed yesterday.
Of the 2,017 units of luxury apartments - those with an average transaction price of more than 30,000 yuan (US$4,400) a square meter - sold in the city between January and June, only 159 units were purchased by overseas investors, [...]

Wuhan home sales plummet in H1

Sales of residential houses in Wuhan, the capital of Hubei province, dropped to the level of eight years ago in the first half of this year, as most homebuyers continued to adopt a wait-and-see attitude toward the property industry, according to the Wuhan Evening News.
Some 2.45 million sq m of commercial residential houses was sold [...]

Interior Lifestyle China

Start Date
16-OCT-08
End Date
19-OCT-08

Venue
City / State
Country

Shanghai Exhibition Center
Shanghai/Shanghai
China

Event Profile:
Interior Lifestyle China is an International showcase featuring Home Textiles, Home Accents & Interior Decor Products.

Tags: Exhibitions, homes, Shanghai, Textile

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