Even China's 1.4 billion population can't fill all its vacant homes, says ex-official
As of the end of August, the combined floor area of unsold homes stood at 648 million sq m, the latest data from the National Bureau of Statistics shows.
China's economy shows signs of stabilising but property slump threatens outlook
Confidence remains low in the embattled property sector and continues to be a major drag on growth.
More Chinese cities lift home-buying curbs to revive demand
China's property sector has been in a tailspin since 2021 when the government issued strict rules to stop indebted developers from accumulating even more debt.
After Country Garden debt deal, focus shifts to China property recovery prospects
It remains to be seen whether a raft of government stimulus measures will help revive demand, ease the sector's cash squeeze and lift the gloom over the world's second-largest economy.
China approves guidelines to boost affordable housing amid property debt crisis
The Chinese property sector is in a deepening crisis with a rising risk of default among some developers as they struggle to sell apartments and raise funds.
Singapore hikes property stamp duties to cool property market
This includes a doubling of stamp duties for foreigners to an eye-watering 60%.
Assessment cuts of 5% for strata title units, 20% for terrace homes in Putrajaya
The assessment discount applies to residential units built after 2017, with the reduction to be based on the total tax imposed.
Ex-GE15 candidate embroiled in Taiping property scam?
A group of teachers say they fell victim to the scheme, trusting the woman's image as a public figure.
Can Singapore-style HDB homes work in Malaysia?
Experts are split over the recent invitation to Singapore's Housing and Development Board to review Malaysia's housing policy.
Dubai real estate transactions hit record high
Russians were reportedly the biggest international buyers of Dubai real estate last year.
Beijing urges Chinese banks to offer more real estate loans
Potential homebuyers have been reluctant to ink new deals in recent months because of uncertainty generated by China's various anti-Covid measures, leading to a sharp decrease in home prices.
IMF urges China to boost Covid vaccinations, restore property sector confidence
The IMF says economic risks for China were tilted to the downside, due to headwinds from a global slowdown, higher energy prices and tighter global financial conditions.
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