{"id":19566,"date":"2016-07-13T11:52:15","date_gmt":"2016-07-13T04:52:15","guid":{"rendered":"http:\/\/www.siamlandbank.com\/propertynews\/property-news\/is-real-estate-chinas-life-raft-in-a-turbulent-economy\/"},"modified":"2016-07-13T11:54:34","modified_gmt":"2016-07-13T04:54:34","slug":"is-real-estate-chinas-life-raft-in-a-turbulent-economy","status":"publish","type":"post","link":"https:\/\/www.siamlandbank.com\/propertynews\/property-news\/is-real-estate-chinas-life-raft-in-a-turbulent-economy\/","title":{"rendered":"Is real estate China\u2019s life raft in a turbulent economy?"},"content":{"rendered":"


\nChinese economists can still smile about a resilient property market
\nShanghai. Image credit: tengri555 (Flickr)
\n2016 is halfway over, but there\u2019s no reason\u00a0to count China out yet. With its back against the wall economically, the Middle Kingdom seems to still have its property market for a saving grace.
\nIn a new report by the Financial Times\u2019 (FT) Confidential Research team, the stabilisation of the Chinese economy looks set to cautiously proceed due to rebounding real estate investment. Year-on-year growth in home sales will likely moderate in the remaining months of the year, the report suggested.
\nRapid mortgage lending is apparently a redeeming point. \u201cAssuming that the government does not sharply curtail mortgage access or dramatically raise downpayment requirements, real estate investment is likely to remain relatively buoyant for the remainder of the year. This should at least help cushion the slowdown evident in other areas of the economy,\u201d the researchers wrote.
\nMore:\u00a0Why Shenzhen is leading China\u2019s revival
\nProperty developers seem to have cause for cautious optimism, as shown in a spike in home sales in 30 major Chinese cities in the week ending July 3. The report also expects housing starts and other construction activity to follow the trajectory of residential sales, which had been projected to grow since April.
\nThe FT believes the Chinese government would find little incentive in further credit tightening, given lingering apprehensions among investors over the \u2018Brexit\u2019 vote and the improbability of a Federal Reserve rate hike. In any case, lenders surveyed by FT in June reported that mortgage discounts, some as high as 90 to 100 percent of the benchmark interest rate, are still available far and wide.
\nMortgage loans climbed to CNY528.1 billion (USD78.8 billion) in May.
\nStill, the central bank will likely continue imposing cooling measures on first-tier cities, which are contending with runaway price increases as opposed to excess inventory in lower-tier markets.
\nThe measures have seemingly taken effect, with monthly price growth across 100 cities standing at 1.32 percent in June, compared with 1.9 percent in March, FT reported.
\nRead next: Announced: the most expensive Asian cities to live in
\n
\nSource : property-report.com
\nRead more…Is real estate China\u2019s life raft in a turbulent economy?<\/a><\/p>\n","protected":false},"excerpt":{"rendered":"

Chinese economists can still smile about a resilient property market Shanghai. Image credit: tengri555 (Flickr)...<\/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-19566","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\/p75ss1-55A","jetpack-related-posts":[{"id":93487,"url":"https:\/\/www.siamlandbank.com\/propertynews\/property-news\/allianz-real-estate-targets-raising-investment-in-chinese-new-economy-logistics-says-apec-ceo\/","url_meta":{"origin":19566,"position":0},"title":"Allianz Real Estate targets raising investment in Chinese new economy, logistics, says Apec CEO","date":"July 9, 2018","format":false,"excerpt":"\r The property investment arm of German financial services giant Allianz expects China to soon account for up to half of its Asia-Pacific fund allocation, up from the current 40 per cent, with a focus on the new economy and logistics sectors. Rushabh Desai, its Asia-Pacific chief executive, revealed on\u2026","rel":"","context":"In "Property News"","img":{"alt_text":"","src":"","width":0,"height":0},"classes":[]},{"id":38887,"url":"https:\/\/www.siamlandbank.com\/propertynews\/property-news\/chinese-mega-developers-to-plough-billions-into-indian-real-estate\/","url_meta":{"origin":19566,"position":1},"title":"Chinese mega developers to plough billions into Indian real estate","date":"December 22, 2016","format":false,"excerpt":"\r Why the market will lure investors worldwide in 2017 Chatrapati Shivaji Terminus, a UNESCO World Heritage site in Mumbai. KishoreJ\/Shutterstock China and India, the largest nations on earth, have accrued wins in the property game this year. However, it\u2019s likely that India will be having a more bullish 2017,\u2026","rel":"","context":"In "Property News"","img":{"alt_text":"","src":"","width":0,"height":0},"classes":[]},{"id":59086,"url":"https:\/\/www.siamlandbank.com\/propertynews\/property-news\/chinese-property-investment-to-drop-to-normal-level-says-top-adviser\/","url_meta":{"origin":19566,"position":2},"title":"Chinese property investment to drop to \u2018normal level\u2019, says top adviser","date":"June 27, 2017","format":false,"excerpt":"\r Real estate investment, a key pillar of China\u2019s economy, is expected to fall back to a \u201cnormal\u201d level \u2013 about 2 to 3 per cent growth \u2013 in the second half of this year, according to a top Chinese economic adviser. \u201cReal estate investment actually would have peaked in\u2026","rel":"","context":"In "Property News"","img":{"alt_text":"","src":"","width":0,"height":0},"classes":[]},{"id":8042,"url":"https:\/\/www.siamlandbank.com\/propertynews\/property-news\/hui-xian-reit-sees-steady-growth-despite-slowing-chinese-economy\/","url_meta":{"origin":19566,"position":3},"title":"Hui Xian Reit sees steady growth despite slowing Chinese economy","date":"March 15, 2016","format":false,"excerpt":"\r Hui Xian Real Estate Investment Trust, the first yuan-denominated reit listed in Hong Kong, said on Tuesday that its amount available for distribution rose 8.4 per cent last year despite the weak growth in the mainland Chinese economy and the ongoing global slowdown.\r \r Source : South China Morning\u2026","rel":"","context":"In "Property News"","img":{"alt_text":"","src":"","width":0,"height":0},"classes":[]},{"id":64364,"url":"https:\/\/www.siamlandbank.com\/propertynews\/property-news\/chinese-outbound-real-estate-investment-down-but-not-out-researcher\/","url_meta":{"origin":19566,"position":4},"title":"Chinese outbound real estate investment down, but not out: Researcher","date":"August 23, 2017","format":false,"excerpt":"\r Chinese policymakers oppose \"irrational\" overseas real estate buys, but they have not stopped all transactions, notes Nicholas Holt, Asia-Pacific head of Research, Knight Frank.\r \r Source : cnbc.com\r Read more...Chinese outbound real estate investment down, but not out: Researcher","rel":"","context":"In "Property News"","img":{"alt_text":"","src":"","width":0,"height":0},"classes":[]},{"id":62491,"url":"https:\/\/www.siamlandbank.com\/propertynews\/property-news\/chinese-real-estate-pe-funds-begin-to-do-genuine-equity-investment\/","url_meta":{"origin":19566,"position":5},"title":"Chinese real estate PE funds begin to do genuine equity investment","date":"August 1, 2017","format":false,"excerpt":"\r Finally, Chinese real estate private equity funds are choosing to carry out the business they were intended to. Until very recently, so called \u201cPE funds\u201d in China have simply channelled bank funding to developers in the name of \u201cequity\u201d investment. But contrary to what the name \u201cequity\u201d suggests, they\u2026","rel":"","context":"In "Property News"","img":{"alt_text":"","src":"","width":0,"height":0},"classes":[]}],"_links":{"self":[{"href":"https:\/\/www.siamlandbank.com\/propertynews\/wp-json\/wp\/v2\/posts\/19566"}],"collection":[{"href":"https:\/\/www.siamlandbank.com\/propertynews\/wp-json\/wp\/v2\/posts"}],"about":[{"href":"https:\/\/www.siamlandbank.com\/propertynews\/wp-json\/wp\/v2\/types\/post"}],"author":[{"embeddable":true,"href":"https:\/\/www.siamlandbank.com\/propertynews\/wp-json\/wp\/v2\/users\/1"}],"replies":[{"embeddable":true,"href":"https:\/\/www.siamlandbank.com\/propertynews\/wp-json\/wp\/v2\/comments?post=19566"}],"version-history":[{"count":0,"href":"https:\/\/www.siamlandbank.com\/propertynews\/wp-json\/wp\/v2\/posts\/19566\/revisions"}],"wp:attachment":[{"href":"https:\/\/www.siamlandbank.com\/propertynews\/wp-json\/wp\/v2\/media?parent=19566"}],"wp:term":[{"taxonomy":"category","embeddable":true,"href":"https:\/\/www.siamlandbank.com\/propertynews\/wp-json\/wp\/v2\/categories?post=19566"},{"taxonomy":"post_tag","embeddable":true,"href":"https:\/\/www.siamlandbank.com\/propertynews\/wp-json\/wp\/v2\/tags?post=19566"}],"curies":[{"name":"wp","href":"https:\/\/api.w.org\/{rel}","templated":true}]}}