A large number of villas and townhomes inspected in Beijing have construction defects and some flaws could even endanger lives, according to experts.
Slow income increases has become the most pressing concern for Guangdong residents, a recent report by the local government's think tank revealed.
China bond investors are betting government measures to cool property prices won't hurt real estate companies as money managers and economists warn of a crash that may slow the economy leading global growth.
Chinese investors spent approximately 170 million pounds ($260 million) buying up newly built properties in central London in the 12 month period ending March 2010, driven by a weaker pound and tightened real estate policies at home, major international real estate service providers said.
China's property market has seen soaring investment from foreign institutional investors, driven by strong expectations of renminbi appreciation this year.
China realty still a good bet
Chinese buying up investment properties in London
Impact of property policies on China's economy
As many as 1,371 families in Beijing had false or questionable information on their applications for affordable housing and their applications will be canceled, a government official said on Thursday.
Wenzhou investors, who are known in China for their sharp sense of business and investment, are turning their focus to the real economy as the stock market becomes bearish and the property market is tightened by a series of government policies, the 21st Century Business Herald reported.
An exclusive real estate agency is promoting an even more exclusive sales team following its official launch on Tuesday.
Corporate housing benefits are the most popular type of benefit among employees in Beijing, according to a survey released on Tuesday.
To invest in commercial properties or pour money into luxury apartments, this has been the question frustrating Wenzhou businessman Alex Wang since the government launched its rigorous policies to curb speculative home purchases in mid-April.
As the property market begins to show signs of cooling, agricultural produce such as garlic and mung beans have won favor from speculators.
The series of strict measures rolled out by the authorities to rein in soaring property prices over the past month seem to have only delayed purchases by potential buyers in most urban areas, latest statistics have showed.
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