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China Daily Website

Investors bullish about 2013 China property market

Updated: 2013-01-11 21:14

China's property market will improve this year, according to most respondents to a survey.

They say the residential sector will lead the way followed by the retail, office and industrial sectors.

The survey, by global real estate service firm DTZ, found a majority of respondents did not expect any change in their debt financing prospects this year.

However, some are worried about worsening financial conditions due to difficulties in sourcing capital, wrote David Ji, DTZ's head of China research.

Respondents in general expect their portfolios to increase in the coming year. Players active in global and Asia-Pacific markets have the strongest confidence in their portfolio growth in China.

While more developers think their portfolios will expand, more individual investors predict a decline in theirs.

Investors mostly active in global and Asia-Pacific markets see asset quality as the determining factor to drive portfolio development, while Chinese players are primarily focusing on policy support to drive their portfolios, according to the survey.