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A residential complex developed by Poly Developments in Shanghai, April 1, 2026. Photo: VCG
Sales and land investments are increasingly concentrated in Beijing, Shanghai, Guangzhou, and Shenzhen as the broader real estate market struggles to find a bottom
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A residential complex developed by Poly Developments in Shanghai, April 1, 2026. Photo: VCG

Fierce bidding for select plots in Beijing, Shanghai and Hangzhou masks a five-year low in land purchases by major developer

Real estate transactions and prices in megacities like Shenzhen and Shanghai are rebounding, though a nationwide recovery remains…

Real estate transactions and prices in megacities like Shenzhen and Shanghai are rebounding, though a nationwide recovery remains…

First-half residential land revenue in the Chinese capital falls sharply, reflecting a nationwide shift away from aggressive…

Transactions surged in Beijing and Shanghai in the first half of this year as companies and local investors acquired discounted…

Pre-owned home prices in Beijing, Shanghai, Guangzhou and Shenzhen rose for a third straight month, though weakness persists…