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Troubled Chinese developer Evergrande said that it has delivered over 57,400 units to buyers between July and October.

The problem could worsen as a wave of debt from the beleaguered industry comes due in the coming months

Property firm seeks three-month extension for debt due

$1,557,270 The median developer price is $2,726 psf, with the cheapest transaction at $2,299 psf, and the highest at $4,213 psf. *The second-highest, interestingly, was not located in the CCR. It was a penthouse unit sold at $13.9 million, or about $2,450 psf, in Meyerhouse in District 15. RV Altitude, which was launched back in April 2019, suddenly managed to clear its remaining 77 units in March RV Altitude is a small, 140-unit freehold development in River Valley Road. Sales had been slow since 2019, and then this happened in March: This was due in part to developer discounts: The median d...

Chinese developer’s $4.6 billion in offshore debt is in doubt after default Premium (REUTERS) . Updated: 03 Mar 2021, 04:37 PM IST The Wall Street Journal Beijing has grown more tolerant of defaults as it tries to erode assumptions that investors will always be made whole Share Via Read Full Story A developer of industrial parks joined the ranks of Chinese companies defaulting on international borrowings, with its failure to repay a maturing bond casting doubt over the entirety of its $4.6 billion in dollar-based debt. TRENDING STORIESSee All 2 min read Premium 1 min read Premium 1 min ...