China
        

From Chinese media

Mainland properties lure foreign capitals

Updated: 2011-04-06 11:24

By Hao Yan (chinadaily.com.cn)

Twitter Facebook Myspace Yahoo! Linkedin Mixx

The Chinese properties market is becoming a major destination for investors around the world. And the Asia-Pacific market may attract $104 billion this year, China Economic Weekly reported Wednesday.

Related readings:
Mainland properties lure foreign capitals Beijing wants private investments in public housing
Mainland properties lure foreign capitals China penalizes property developer for pushing up housing prices
Mainland properties lure foreign capitals China allocates hefty funds to develop low-rent housing
Mainland properties lure foreign capitals Local governments to be held accountable for curbing housing prices

DTZ Holdings Plc said Tuesday the Asia-Pacific market this year may witness a 45-percent surge in capital investment compared to investments in mid-2010, the report said. Between March 1 and 24, the combined number of newly founded foreign investment companies and mainland companies receiving more foreign capital surged to 39 in China's real estate market, according to data from the Ministry of Commerce.

"When a huge amount of money is entering the mainland market, it needs a low-risk investment portfolio," an anonymous foreign property investor said.

He suggests that China's commercial properties market, with a low price, is a relatively steady market hardly affected by government policies.

President of Soho China Ltd Pan Shiyi said previously, the commercial property market is not influenced by macro-control policies – as the price is not related to residents – even when the capital flowed into this market and pushed up the price.

E-paper

Blowing in the wind

High-Flyers from around the world recently traveled to home of the kite for a very special event.

Preview of the coming issue
Image maker
Changing fortunes

European Edition

Specials

Costly dream

Uninhabited havens up for lease but potential customers face wave of challenges in developing them.

Models gear up car sales

Beauty helps steer buyers as market accelerates.

Urban breathing space

City park at heart of Changchun positions itself as top tourism attraction

25 years after Chernobyl
Luxury car show
Peking Opera revival