More than half the apartments in Beijing and Shanghai are empty, the China Daily reports, quoting an online investigation of 100 Chinese cities by news website Sina.com.
Hainan rated over 70 percent empty, Beijing 66 percent and Shanghai 51 percent, based on counting the number of apartments with no lights at night time, on more than [...]

A recent media story, which power companies denied, claimed that almost 65 million power meters in urban China had registered zero consumption over a six month period, which raised a theory that there are enough empty apartments in China to house 200 million people.
However, the true figures will probably never be known, because there is [...]

Chinese developer Evergrande Real Estate Group on Thursday started to offer a 15 percent discount on prices of its 40 property projects across the country to promote sales amid government tightening measures to cool down the red-hot sector, Shanghai Securities News reported. Analysts told the paper that Evergrande might become the first domino that triggers [...]

China’s government has approved a plan by the municipality of Chongqing to levy a property consumption tax on luxury real estate
The tax would be targeted at individuals who bought multiple investment properties, many of which have been unoccupied as owners have not been motivated to lease, Owners luxury units will also be hit with the new [...]

China’s property market has grown in pace with the country’s boom but well known commentators have recently warned of an asset bubble and Beijing is taking its own precautions by prevent the property market from overheating.
Famous short seller and predictor of the Enron demise, Jim Chanos, founder of Hedge Fund, Kynikos Associates Ltd., dominated China [...]

BEIJING—China’s banking regulator banned new property loans to 78 companies owned by the central government in an effort to control risks in property credit and curb asset bubbles, which pose a threat to the country’s strong economic recovery.
The measures, together with a recent restriction by the state-owned assets regulator, are aimed at state-owned companies that [...]

China’s top 10 real-estate developers achieved a total of 77.65 billion yuan in sales in the first quarter of this year, an increase of 36 percent year on year, China’s official news China’s agency, Xinhua reported recently.
The total transaction area of new homes built by these 10 developers was 7.138 million square meters during the same [...]

SHENZHEN, China — In this former Chinese fishing village where skyscrapers are springing up almost as quickly as the population of 9 million is growing, it’s not hard to find people who think real estate prices will keep rising, as well.
Zhao Jin is a believer. In late 2008, as sales of the licorice-scented tea that [...]

“The banking regulator hasn’t asked banks to stop lending to the property sector but it has been warning about risk recently,” said Lu Zhengwei, chief economist of the Industrial Bank in Shanghai.

CapitaLand Ltd. Monday said it plans to buy container shipper Orient Overseas International Ltd.’s China property business for US$2.2 billion, in a move that will significantly boost its prime real estate portfolio in two of China’s biggest cities despite Beijing’s efforts to cool the market.
The deal underscores the potential many investors see in China’s [...]