This site uses web cookies · Read our Policy here
International: (+34) 952 198 657
Open navigation menu

China sees spike in real estate bubble

First name: 

 

Last name: 

 

Tel. Number: 

IPIN Disclaimer.

  We never share your data with any third parties.

*Note: IPIN investment opportunities are available subject
to location and certain knowledge / experience criteria.

News by Category

Archives



China  Ministry of Commerce  Chinese Academy of Social Sciences  Institute of Finance and Trade Economics  People''s Daily 

By - Friday 10 December 2010

Property prices in urban areas in China have soared on the back of sustained investment from overseas, it has been claimed.

The Institute of Finance and Trade Economics under the Chinese Academy of Social Sciences (CASS), constructed a property bubble index designed to measure market prices compared to the actual value of a property.

It found that in seven cities, the bubble index is more than half of the market price, China's People's Daily reports.

Fuzhou, capital of China's Fujian province, saw the biggest gap between market price and actual value, the survey found.

The actual value of commercial housing in Fuzhou is only CNY 3,998 per square meter, while the market price is CNY 13,457.

Among the 35 cities included in the report, the average bubble was found to be 29.5 per cent.

It follows a recent report from the Ministry of Commerce that an increasing number of foreign institutional investors are entering China's property market, attracted by the sector's high investment returns and the country's solid economic fundamentals.

Subscribe to IPIN Live by Email - Get our News & Blog updates delivered directly to your inbox - click here


Comments

 

*This page is provided for information purposes only and should not be construed as offering advice. IPIN is not licensed to give financial advice and all information provided by IPIN regarding real estate should never be treated as specific advice or regulations. This is standard practice with property investment companies as the purchase of property as an investment is not regulated by the UK or other Financial Services Authorities.


«« Back to IPIN Live

Follow IPIN Global


Latest Content

Recent Comments

Powered by Disqus