China's Crackdown on Housing Speculation Levels the Playing

China's Crackdown on Housing Speculation Levels the Playing Field, Major Asian Real Estate Group Says


By Eustance Huang, CNBC •
Updated 5 hours ago
Taylor Weidman | Bloomberg | Getty Images
Easy credit is becoming less available in China's real estate market, but CapitaLand Group's Andrew Lim says fiscally prudent firms could stand to benefit.
Chinese authorities have for months attempted to cool the country's real estate market by cracking down on speculation.
China is a significant market for Capitaland and makes up about 40% of the Singapore-headquartered real estate giant's portfolio, according to its latest business update.
Easy credit is becoming less available in China's real estate market, but CapitaLand Group's Andrew Lim says fiscally prudent firms could stand to benefit.

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