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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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