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Daily Real Estate Industry News Summary (2024-12-20)
Recently, after several regions officially announced that commodity housing will be priced based on usable area, "cancellation of shared area" has once again become a trending keyword.
Kaisa Group (01638.HK): The hearing for the overseas debt restructuring will be held on March 21 next year.
KAISA GROUP (01638.HK) announced that during the hearing held yesterday (19th) in Hong Kong, the High Court issued an order for the company and Ruijing to convene meetings for the creditors of KAISA and Ruijing. Additionally, the substantive hearing (in which the High Court will decide whether to approve the KAISA Hong Kong plan and the Ruijing Hong Kong plan) is scheduled for March 21 of next year. (js/w)~
Kaisa Group Moves Forward With Debt Restructuring
Market Chatter: Kaisa Gets Court Approval for Creditor Vote on Restructuring
MIDLAND HOLDING: Hong Kong property prices are expected to "counterattack" next year, with an estimated increase of around 5%.
MIDLAND HOLDING expects that next year Hong Kong property prices are likely to "rebound," reversing a three-year decline, with an increase of about 5%, and rents rising another 6%.
Daily summary of Real Estate Industry news (2024-12-19)
On December 17, Zhangjiakou City in Hebei issued a policy to encourage the implementation of "direct sales of existing properties," gradually advancing the "cancellation of public space allocation"; previously, Hengyang City in Hunan clarified that the sales of commercial housing are priced based on the usable area, and currently the "cancellation of public space allocation" is beginning to take effect in multiple locations.