China's housing market sizzles on policy measures

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OPTIMISATION measures rolled out by China's central government as well as major cities, along with large-scale promotional activities by real estate developers, have led to a better-than-expected housing market performance during the weeklong National Day holiday, industry experts said on Wednesday.

Policies announced by the central and local governments to stabilize the home market have played a great role in boosting market confidence.

Along with the improved new home trade volumes, major real estate developers also reported outstanding sales.

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Article Details

Category: EconomyBusiness

Markets: MalaysiaChina

Topics: Real estate Developers Property /Business/Business News Housing

Source Website Secure: Yes (HTTPS)

News Sentiment: Neutral

Fact Checked: Legitimate

Article Type: News Report

Published On: 2024-10-10 @ 14:52:00 (3 hours ago)

News Timezone: GMT +8:00

News Source URL: thestar.com.my

Language: English

Article Length: 463 words

Reading Time: 3 minutes read

Sentences: 18 lines

Sentence Length: 26 words per sentence (average)

Platforms: Desktop Web, Mobile Web, iOS App, Android App

Copyright Owner: © The Star

News ID: 22975491

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Main Topics: EconomyBusiness

Official Website: thestar.com.my

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