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THE PLACE HOLDINGS will be a key beneficiary...they should be selling their Mount Yuntai Project this year based on my analysis...pls do your own DD
China' s housing market ' out of control' as prices climb further
Buyer euphoria is persisting, with investors using real estate as a hedge against global inflation.
BEIJING (BLOOMBERG) - China' s home prices grew at the fastest pace in eight months in April after curbs failed to stem buyer enthusiasm.
New home prices in 70 cities, excluding state-subsidised housing, rose 0.48 per cent last month from March, when they gained 0.41 per cent, National Bureau of Statistics figures showed on Monday (May 17). Values in the secondary market, which faces less government intervention, climbed 0.4 per cent, the same pace as a month earlier.
Buyer euphoria is persisting, with investors using real estate as a hedge against global inflation. That' s prompted authorities to issue a drumbeat of statements designed to cool down price expectations. Year-to-date residential sales have more than doubled from the same period in 2019 in cities including Shenzhen, Shanghai, Hangzhou and Nanjing, according to China Real Estate Information Corp.
Mr Xi in late April repeated his mantra that houses are " for living in, not for speculation" when chairing a meeting of China' s 25-member Politburo, the Communist Party' s top ruling body. Last week, policy makers signaled they may revive efforts to introduce a long-delayed national real estate tax via a trial.
" The home market has remained sort of out of control, the wider the curbs, the more resilient the market becomes," Yang Kewei, a research director at China Real Estate Information, said before the figures were released. " That' s why a trial of levy of home ownership may come sooner than expected, as a stronger show of policy strength."
Price gains accelerated across large and small cities as developers ramped up project launches during a traditionally fast season for sales to recoup cash. Property sales surged 35 per cent from a year earlier, a separate data release showed.
Price growth was particularly acute in tier-two regional centres, given their relatively looser restrictions and higher demand under further relaxing of centuries-old &ldquo hukou&rdquo residential permits. Cities that saw housing values climb 1 per cent or more from March include Wuhan, the former epicentre of the coronavirus pandemic, and Haikou, the provincial hub of tropical Hainan.
China' s housing market ' out of control' as prices climb further
Buyer euphoria is persisting, with investors using real estate as a hedge against global inflation.
BEIJING (BLOOMBERG) - China' s home prices grew at the fastest pace in eight months in April after curbs failed to stem buyer enthusiasm.
New home prices in 70 cities, excluding state-subsidised housing, rose 0.48 per cent last month from March, when they gained 0.41 per cent, National Bureau of Statistics figures showed on Monday (May 17). Values in the secondary market, which faces less government intervention, climbed 0.4 per cent, the same pace as a month earlier.
Buyer euphoria is persisting, with investors using real estate as a hedge against global inflation. That' s prompted authorities to issue a drumbeat of statements designed to cool down price expectations. Year-to-date residential sales have more than doubled from the same period in 2019 in cities including Shenzhen, Shanghai, Hangzhou and Nanjing, according to China Real Estate Information Corp.
Mr Xi in late April repeated his mantra that houses are " for living in, not for speculation" when chairing a meeting of China' s 25-member Politburo, the Communist Party' s top ruling body. Last week, policy makers signaled they may revive efforts to introduce a long-delayed national real estate tax via a trial.
" The home market has remained sort of out of control, the wider the curbs, the more resilient the market becomes," Yang Kewei, a research director at China Real Estate Information, said before the figures were released. " That' s why a trial of levy of home ownership may come sooner than expected, as a stronger show of policy strength."
Price gains accelerated across large and small cities as developers ramped up project launches during a traditionally fast season for sales to recoup cash. Property sales surged 35 per cent from a year earlier, a separate data release showed.
Price growth was particularly acute in tier-two regional centres, given their relatively looser restrictions and higher demand under further relaxing of centuries-old &ldquo hukou&rdquo residential permits. Cities that saw housing values climb 1 per cent or more from March include Wuhan, the former epicentre of the coronavirus pandemic, and Haikou, the provincial hub of tropical Hainan.
Looks like it is all the retail players trading it now.
hope you didnt lose too much
ThankYou ( Date: 11-May-2021 14:43) Posted:
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Cant resist que to short 115 and shotrd small 114
Covered 112 enough for today next week then continue short
noobnub ( Date: 14-May-2021 13:19) Posted:
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Easy money everyday
Another money making day huat ah
Wait for 119 to crack
Morning eat up shorted friday day end cover huat ah
I went pass still an empty piece of land think hard to get workers
noobnub ( Date: 12-May-2021 21:15) Posted:
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Launches for projects located near MRT stations should do well. This is located just behind Tanah Merah station.
$The Place Hldg(E27.SI)
Company is launching the Tanah Merah condo project liao. I think they want to capitalise on the strong demand for real estate investments given the low interest rate environment.
https://tanahmerah.residencessingapore.com/?gclid=EAIaIQobChMI49fmlZfE...
Company is launching the Tanah Merah condo project liao. I think they want to capitalise on the strong demand for real estate investments given the low interest rate environment.
https://tanahmerah.residencessingapore.com/?gclid=EAIaIQobChMI49fmlZfE...
hard to get foreign workers expect delays cut cost shabby work
New launch by MCC Land. The Place Holdings has a 20% stake in this project.
Tanah Merah New Launch Condo | mixed-development |MCC Land (residencessingapore.com)
https://www.businesstimes.com.sg/companies-markets/the-place-holdings-to-jointly-develop-a-residential-commercial-project-in-tanah
Tanah Merah New Launch Condo | mixed-development |MCC Land (residencessingapore.com)
https://www.businesstimes.com.sg/companies-markets/the-place-holdings-to-jointly-develop-a-residential-commercial-project-in-tanah
No, confused. See so strong opening and I stayed sidelined. Almost want to short sinostar pec.
noobnub ( Date: 12-May-2021 19:06) Posted:
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haha got huat? today i quietly huat 4 bids
ThankYou ( Date: 11-May-2021 14:43) Posted:
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haha bye
ThankYou ( Date: 11-May-2021 15:22) Posted:
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5pm bro, if it is still there. I need to wait for you to cover back. I will not sabo you.
noobnub ( Date: 11-May-2021 15:15) Posted:
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lol
noobnub ( Date: 11-May-2021 15:15) Posted:
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but if you want to scoop go ahead
ThankYou ( Date: 11-May-2021 14:43) Posted:
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