China’s revenue from residential land sales fell about 65% in 2025 from its 2020 peak, reports Caixin. Even state-backed investment vehicles have scaled back as a result of the ongoing property downturn. Data from the China Index Academy show that while the rate of decline narrowed slightly from the previous year, the contraction remains severe. The […]
Category: Property
China’s revenue from residential land sales fell about 65% in 2025 from its 2020 peak, as a prolonged property downturn forced even state-backed investment vehicles to scale back, reports Caixin citing date from the China Index Academy. Land sales rose quite strongly in early 2025 because of purchases by state-owned enterprises to offset problems with […]
Only 53 of the major real estate developers listed in the top sales ranking list of five years ago are still on the list, , while the other 47, mostly private developers have been replaced by mostly state owned counterparts, reports Caixin. The report, released by the China Index Academy, ranks developers on who sold the […]
China Vanke is once again seeking to delay the repayment of a maturing domestic bond, reports Caixin. This is the third such attempt as the embattled property developer faces intensifying liquidity pressure and dwindling state support. Vanke announced it would convene a meeting of bondholders for its “21 Vanke 02” corporate note to vote on a […]
China has pledged to empower local governments with city-specific measures to clear housing gluts and optimise supply next year, reports the South China Morning Post. The move is aimed at ramping up efforts to stabilise a real estate market that has been in downfall. “Municipal governments should fully utilise their autonomy in regulating the property market, […]