Tag: realty

August 26, 2024 (InvestinChina.asia) – Chinese authorities have approved nearly 1.4 trillion yuan ($200 billion) in loans for real estate projects as part of efforts to ensure the timely delivery of homes, according to recent statements by the National Financial Regulatory Authority and the Ministry of Housing and Urban-Rural Development. During two press conferences organized…

August 26, 2024 (InvestinChina.asia)- China is piloting a new house pension system aimed at ensuring the safety and maintenance of residential buildings throughout their lifecycle. This initiative, which involves both personal and public accounts, seeks to address the challenges posed by aging urban housing stock without burdening homeowners with additional costs. Overview of the House…

Key Points: China’s rental yield exceeds deposit rates, hitting 2.03%. Older properties, apartments yield 3-4%; outshine savings. Banks slash rates; highest fixed deposit at 1.8%. Shift from savings to real estate, consumption encouraged. Renting trend boosts demand, redefines property value.