Amid heightened government controls on the property market and a dimmer outlook for the sector next year, talk of “transition” and “differentiation” has resurfaced among China’s real estate developers.
Discussion about shifting away from homebuilding toward providing property services have dominated every recent industry conference in Beijing and Shanghai, while every developer suddenly seems to have a plan to target niche markets.
The sector is no stranger…
Source : South China Morning Post
Read more…Theme parks, pension homes and malls: China developers turn to niche projects as cooling measures dim outlook
