Latest News:  


Fewer discounted homes expected in March

By Cherry Cao (Shanghai Daily)

08:31, February 27, 2013

THE number of housing projects in Shanghai offering discounts may fall in March as a recovery in buying sentiment gave some developers hope.

A total of 175 projects comprising apartments and villas will provide discounts next month, down from 189 this month and 204 in March 2012, according to a latest research released by, which operates China's largest real estate website.

"While some developers are reducing their discounts amid an improving market sentiment, the majority of them still seem to be keen to unload their inventories as austerity measures to curb speculation will remain," said Xia Junqing, a Soufun analyst. "Moreover, March is traditionally a time when home purchases rise following the end of the Spring Festival holiday and the weather gets warmer."

A residential project developed by Sino Horizon Holdings Ltd in outlying Jiading District will release over 300 apartments for sale late next month.

We recommend:

Keeping the brand full of beans

Companies struggle to find, keep workers

Shares crumble as result of housing curbs

Liquor makers fined 449m yuan for price monopoly

Tougher fuel standards take form

Movie-themed fortunes 'never guaranteed'

Email|Print|Comments(Editor:LiangJun、Li Zhenyu)

Leave your comment0 comments

  1. Name


Selections for you

  1. Seaplanes of North Sea Fleet in training

  2. Highlights of 'Xuzhou' guided missile frigate

  3. The world in photos (2013.02.17-02.23)

  4. Chilly run gets blood pumping

  5. China's weekly story (2013.2.16-2.22)

  6. 'Chinese style' during Spring Festival

  7. One Hundred Years of Oscar

  8. Review Spring Festival celebrations

  9. IKEA stops selling meatballs for horsemeat

  10. Output growth hits 4-month low, says HSBC

Most Popular


  1. "China threat" theory still exists despite Nexen deal
  2. Cross-Straits relations 'will be boosted'
  3. China 'firmly supports' BRICS
  4. Water quality a concern
  5. Kerry aims high in maiden foreign trip
  6. Open communication for Peninsula peace
  7. Spring Festival offers window into China
  8. Fatter red envelopes miss point of tradition
  9. Opportunities amid challenges
  10. Children deaths lead to calls for better guardianship

What’s happening in China

China's 'leftover women' phenomenon arouses heated debate in West

  1. Man in HIV nightmare after one-night stand
  2. AIDS patients get help in Anhui
  3. Excessive rural school mergers halted
  4. System to reduce dropouts, school closures
  5. China's rural poor population declines