Singapore-based fund is ready to take advantage of small firms on mainland facing cash crunch
Thursday, 27 October 2011
The central government’s continued austerity measures targeting the property market are taking a toll on sales in the major cities, with Shanghai seeing average monthly sales of private homes from January to September falling to the lowest level in seven years.
Wednesday, 26 October 2011
China’s largest real estate developer believes the country’s property market, a key driver for the economy, has turned and expects conditions to worsen in the coming months as sales prices and volumes decline further.
Tuesday, 25 October 2011
Property owners in Shanghai and other big Chinese cities are protesting as measures to cool the once-overheated real estate market prompt developers to slash prices.