Shenzhen issues draft guidelines to boost supply of rental properties, Real Estate News, ET RealEstate

BEIJING: The city of Shenzhen has issued draft guidelines to aimed at increasing the supply of rental properties in China‘s high tech hub. Land plots will be set aside for builders and existing building will be renovated to make them suitable for rental homes, the housing authorities said on its website on Monday. The city […]

Growth in China’s home prices to cool in 2021, sales flat, Real Estate News, ET RealEstate

BEIJING: China‘s home prices are expected to rise at a slower pace this year while sales will likely remain steady, as Beijing shifts its focus to tackling rising debt risks in the sector as the economy recovers, a Reuters poll showed. The residential property market recovered quickly in 2020 benefiting from lower mortgage interest rates […]

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