Tuesday, February 28 2006 @ 04:14 pm UTC
Contributed by: jron
The trend of overgrowth of investment in China's real estate sectors has been curbed, the overheated demand for houses is cooling down, and the supply and demand relations on real estate market are improving, creating conditions for a stable housing market, with a series of macro control policies promulgated and implemented in 2005.
Tuesday, February 28 2006 @ 02:08 pm UTC
Contributed by: jron
The Shanghai Daily reported, ING Real Estate Investment Management Asia has sold a serviced apartment complex in downtown Shanghai for approximately 100 mln usd, more than triple what the project was sold for three years ago.