China's residential market stable in 2017 but regulatory risk high, says Moody's
Singapore
CHINA'S residential property market is expected to be stable in 2017 but regulatory risk remains high in light of the rapid growth in property and land prices, said Moody's Investors Service in its research report.
Kaven Tsang, a Moody's vice-president and senior credit officer said the rating agency expects growth in nationwide contracted sales - in terms of sales value - to be flat or slightly negative next year, against a high base of contracted sales value this year.
KEYWORDS IN THIS ARTICLE
BT is now on Telegram!
For daily updates on weekdays and specially selected content for the weekend. Subscribe to t.me/BizTimes
Property
Singapore retail rents slip 0.4% in Q1 as vacancy rates creep up
Country Garden plans to present debt revamp plan in H2, sources say
Hong Kong home prices rise for first time in 11 months after curbs scrapped
HDB resale prices accelerate, rising 1.8% in Q1 on stronger demand
Singapore’s private home prices up 1.4% in Q1, rents drop by 1.9%: URA
OUE wins tender to lease, develop new ‘zero-energy’ hotel at Changi Airport’s T2