Tag: land king

GEMDALE GROUP PAID 8.8 BILLION YUAN FOR SINGLE LAND PLOT

Gemdale Corporation, one of China’s largest and leading real estate developers, snapped up a land parcel near Shanghai’s Pudong International Airport for 8.8 billion yuan ($1.3 billion) on a 286% premium rate to the starting…


PROPERTY DEVELOPERS EYE LIMITED NEW LAND PARCELS AMID SOARING HOME PRICE

Land kings appeared frequently in the first half of 2016, hitting 219 plots over the first-tier and dominant second-tier cities, which prompted real estate companies to strive for new land parcels amid the short supply…


CHINA’S LUXURY HOUSING MARKET SEES ROSY PROSPECT

China’s housing sales are expected to hit a record high in 2016, following a booming sales volume in the first half of this year. Also, real estate developers have poured 4.66 trillion yuan into the…


LAND KINGS ARE LIKELY TO APPEAR IN COMING MONTHS

Land kings are expected to emerge in first-tier cities during the second half of 2016 amid the rolling out of large supplies of land, predicted the 21st Century Economic Institute. Additionally, although land kings appeared…


China’s over-heating real estate market witnesses slide in June

Transaction volume in China’s real estate sector saw an overall decline of 5% on a monthly basis in Jun, marking the third consecutive monthly decline, according to a report on property markets among 50 Chinese…


China’s home prices rise mildly in May

China’s real estate sector saw a moderate recovery in May, with fewer cities among the tracked 70 large and medium-sized cities reporting an increase in new home prices on a monthly basis, according to a…