China's Real Estate Market Faces Decline in Land Sales =============== #664879c2 ver:0.35 China's real estate market faces decline in land sales, with a 35% drop in the first half of 2024. Hong Kong's real estate market sees a modest recovery in street-front shop rents, while Singapore plans to release the most private housing supply since 2013. Mumbai leads Indian cities in prime residential prices, and Beijing retailers resist rent increases. Hong Kong's government stabilizes the commercial real estate market by not selling any commercial land in Q2 2024. The Housing Authority implements a rent review mechanism, and authorities conduct spot checks on public housing applicants. The light public housing program receives nearly 10,000 applications. #realestate #propertymarket #HongKong #China #Singapore #Mumbai #Beijing... #newstr #HongKong #Beijing #China #RealEstate #PropertyMarket #InterestRates #HomePrices #HomeSales #ResidentialPropertyPrices #Mumbai #SingaporeHousingMarket #HongKongPublicHousing #MainlandPropertyOwnership #LightPublicHousing #BeijingRetailTenants #ConsumptionSlump #LandSales https://here.news/story/664879c2?ver=0.35