Sectors

Skip Navigation LinksHomeSectors - Alternative investing - Real estateMild correction forecast for China’s property market

Mild correction forecast for China’s property market

Date: 18 Jan 2010

Ratings agency Moody’s is predicting fewer transactions and moderate price corrections in China’s property market after Beijing introduced measures to dampen speculation. Still, it does not expect a drastic decline.

Keywords (click to search): [Moody's] [property] [real estate] [Peter Choy] [Kaven Tsang ]

Pamela Tang
Recent efforts by Beijing to dampen the domestic property market are likely to mean fewer transactions and moderate price corrections, according to ratings agency Moody’s.

Regulators have articulated fears about an asset bubble, notably in the property market. Prices crept up steadily last year, but in December, residential and commercial real-estate prices in 70 cities climbed 7.8% from a year earlier, the fastest in 18 months. This came...

To continue reading the rest of the article, you will need to be an Asiamoney subscriber.

Asiamoney subscribers will receive full access to the following:

  • All the latest news, analysis and opinion at Asiamoney.com, Asiamoney WM (Wealth Management), and ACN (Asiamoney China) .
  • Breaking news alerts sent directly to your PC/mobile device.
  • Asiamoney’s Polls and Awards section.
  • Asiamoney’s extensive online archive
  • Asiamoney Week: our email service featuring the most widely read news and opinion pieces on Asia’s financial markets from our website over the previous seven days

If you would like to start your subscription, please contact our subscriptions team at (+852) 2842 6998.

If you are experiencing any problems with your access, please contact Customer Service by phone at (+852) 2842 6910 (Hong Kong), (+44) (0) 20 7779 8999 (UK), (+1) 212 224 3570 (US) or contact us by email at subscriptions@asiamoney.com.

Kind regards,

Asiamoney
http://www.asiamoney.com


Already have an account?

Subscriber Login


Forgotten your password?

Subscribe

Subscribers have unlimited access to all current and archive content. Start your subscription today - click on the button below.

Free trial

Taking a free trial will give you access to the current issue for two weeks (excluding selected articles, poll results and achives). Start your free trial today.

Related articles

  • Opinion: Bonds would help Beijing with property bubble  15 Jul 2010
    Beijing revealed that its GDP growth slowed in the second quarter, as its property measures took effect. But the authorities would do better to build more houses and encourage corporate and municipal bond investments to prevent another housing bubble.

  • China property tax anticipated in 2011  09 Jul 2010
    To cool the property market, Beijing might decide to introduce the long rumoured property tax in 2011, say analysts.

  • Asian equities set to benefit from flexible renminbi  28 Jun 2010
    China’s decision earlier this month to allow greater flexibility in its currency will have positive implications for equity markets across the region, according to a strategist at Daiwa Capital Markets.

  • China’s property sector tipped to remain sluggish  24 Jun 2010
    Unless real estate developers are willing to slash prices, which seems unlikely, volumes will not return to China’s property market anytime soon as cautious buyers remain on the sidelines, notes Macquarie.

  • Opinion: Beijing must push for a property tax  11 Jun 2010
    Real estate prices in China rose yet again in May, casting doubt on Beijing’s clamp down measures. The government needs to introduce a property tax to truly prevent further increases in property costs.

Most read articles

  1. Jefferies grabs senior CLSA equities duo in Asia push

  2. Citi and Deutsche lead Asia's largest Cash Management Poll

  3. Opinion: How Henry Cai's move affects Deutsche and UBS

  4. CHINA - Tianjin plots financial re-launch

  5. Private banking industry showing signs of strain


All material is subject to strictly enforced copyright laws. © Euromoney Institutional Investor (Jersey) Ltd 2010.