1. The 15th Five-Year Plan: Accelerate the construction of a new model for real estate development, and increase the supply of improved housing according to city-specific policies.
2. Five departments including the Ministry of Commerce: Support eligible commercial real estate projects in issuing real estate investment trusts (REITs).
3. A low-density residential land parcel in Suzhou was sold for 406 million yuan at the reserve price.
4. A residential land parcel in Sanya was sold for approximately 1.36 billion yuan at the reserve price.
5. Poly Developments won a residential land parcel in Foshan with a 20% premium.
6. Chongqing: Innovate methods for revitalizing existing land use and fully promote the entry of collectively owned commercial construction land into the market.
7. Tianjin Investment & Development Co., Ltd.: Plans to transfer its real estate development business-related assets and liabilities to Chengyun Development Co., Ltd. for 1 yuan.
8. Xiamen's new household registration policy: Plans to fully relax the conditions for settling in the city outside the island and gradually relax the restrictions on settling in the city within the island, effective November 1st.
9. Midland Realty: Hong Kong's primary luxury home sales are expected to exceed 70 transactions and 15 billion Hong Kong dollars in the second half of the year. 10. Hong Kong Property Purchase: October's registration of existing public housing units may fall below 60, hitting a near 9-month low.
11. US home prices cooled further in August.
