Gu Lin chose the apartment at One Riviera because of its location: a quiet residential neighbourhood just a few kilometres ...
Authorities have set aside billions of dollars to help developers complete and deliver apartments that were already sold, but ...
What was once a symbol of China's astounding construction boom now stands as a haunting reminder of a real estate crisis of colossal proportions. A cluster of apartment buildings on the outskirts ...
Prices of new homes in China are now expected to climb 3% this year after a slew of policy measures to support the country's ...
The size of unfinished, pre-sold homes in China is about 20 times the size of developer Country Garden as of the end of 2022, Nomura analysts said. "We estimate that there are around 20 million ...
BEIJING: When China's largest developer Country Garden first skipped debt payments in August, its shares tumbled 14 per cent, marking a reversal of fortunes: from industry poster child to another ...
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Despite a proposal from a major developer to buy vacant land, originally planned to be an entertainment hub in Port Charlotte ...
China’s housing market has a big problem: millions of unfinished homes that were sold but not delivered. Solving that is crucial for a recovery, but the problem keeps getting bigger. More ...
Authorities have set aside billions of dollars to help developers complete and deliver apartments that were already sold, but the logjam is growing. China’s housing market has a big problem ...