{"id":132602,"date":"2019-03-19T14:18:00","date_gmt":"2019-03-19T07:18:00","guid":{"rendered":"https:\/\/www.siamlandbank.com\/propertynews\/property-news\/xian-outpaces-home-price-growth-in-chinese-cities\/"},"modified":"2022-12-11T02:54:52","modified_gmt":"2022-12-10T19:54:52","slug":"xian-outpaces-home-price-growth-in-chinese-cities","status":"publish","type":"post","link":"https:\/\/www.siamlandbank.com\/propertynews\/property-news\/xian-outpaces-home-price-growth-in-chinese-cities\/","title":{"rendered":"Xi’an outpaces home price growth in Chinese cities"},"content":{"rendered":"


\nThe mainland Chinese city of Xi\u2019an saw new home prices grow 24.2 percent in the year to February, the fastest rate among 70 cities surveyed by the state-run National Bureau of Statistics, Caixin Global reported. This marks the third month on the chart summit for the Shaanxi provincial capital. The city also ranks among the three Chinese cities with the biggest new home price increases for seven consecutive months. The fast appreciation of Xi\u2019an residential property may be attributed to the city\u2019s loose land and development policies encouraging individual real estate purchases, analysts believe. The city offers fast-tracked residence approvals, part of its campaign to attract talent. More:\u00a0A tale of two tiers in China There is still room for new home prices in the city to grow, Caixin Global predicted, citing market observers. In January alone, the government and real estate companies completed 30 land transfer deals, with total associated fees hitting CNY17.6 billion (USD2.62 billion), up 301 percent year-on-year, according to local real estate consulting firm Meicheng. The Xi\u2019an municipal government raised land supply for residential property by 34.47 percent annually. New home prices in the city also reached CNY4,291 per square metre in January, an annual growth of 71 percent.
\n
\nSource : property-report.com
\nRead more…Xi’an outpaces home price growth in Chinese cities<\/a><\/p>\n","protected":false},"excerpt":{"rendered":"

The mainland Chinese city of Xi\u2019an saw new home prices grow 24.2 percent in the...<\/p>\n","protected":false},"author":1,"featured_media":0,"comment_status":"false","ping_status":"open","sticky":false,"template":"","format":"standard","meta":{"spay_email":"","footnotes":"","jetpack_publicize_message":"","jetpack_is_tweetstorm":false,"jetpack_publicize_feature_enabled":true},"categories":[1],"tags":[],"class_list":["post-132602","post","type-post","status-publish","format-standard","hentry","category-property-news"],"jetpack_featured_media_url":"","jetpack_publicize_connections":[],"jetpack_sharing_enabled":true,"jetpack_shortlink":"https:\/\/wp.me\/p75ss1-yuK","jetpack-related-posts":[{"id":102544,"url":"https:\/\/www.siamlandbank.com\/propertynews\/property-news\/singapore-home-prices-up-8-8-in-q3\/","url_meta":{"origin":132602,"position":0},"title":"Singapore home prices up 8.8% in Q3","date":"December 27, 2018","format":false,"excerpt":"\r The city-state was ranked 28th in Knight Frank\u2019s Global Residential Cities Index report. Residential property prices in Singapore rose 8.8 percent year-on-year during the third quarter of 2018, revealed a Knight Frank report. The city-state was ranked 28th in Knight Frank\u2019s Global Residential Cities Index Q3 2018, while Chinese\u2026","rel":"","context":"In "Property News"","img":{"alt_text":"","src":"","width":0,"height":0},"classes":[]},{"id":103036,"url":"https:\/\/www.siamlandbank.com\/propertynews\/property-news\/singapore-home-prices-up-8-8-yoy-in-q3\/","url_meta":{"origin":132602,"position":1},"title":"Singapore home prices up 8.8% YOY in Q3","date":"December 27, 2018","format":false,"excerpt":"\r The city-state was ranked 28th in Knight Frank\u2019s Global Residential Cities Index report. Residential property prices in Singapore rose 8.8 percent year-on-year during the third quarter of 2018, revealed a Knight Frank report. 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