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Real Estate Valuation in China

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Understanding China’s Real Estate Markets

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Abstract

Property valuation has become increasingly important in China due to growing merger and acquisition (M&A) activities. Although the same internationally accepted valuation approaches are applied in real estate valuation in China, a number of local particularities need to be considered, including the special regulatory environment and the unique ownership structure, such as the so-called land use rights, as well as volatility in market developments.

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Notes

  1. 1.

    If the valuation is planned to take place for a longer duration or if the reporting date of the value changes, a new on-site inspection is required.

  2. 2.

    Ranking out of 108 “Real Estate Transparency Tiers”: China Tier 1 cities (33), China Tier 2 cities (55), and Tier 3 cities (66).

  3. 3.

    These include, for example, the mortgage lending value or a reveiew of the appraisal used for insurance purposes (cp. Kleiber and Simon 2007: 207).

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Hackelberg, F., Chan, N. (2021). Real Estate Valuation in China. In: Wang, B., Just, T. (eds) Understanding China’s Real Estate Markets. Management for Professionals. Springer, Cham. https://doi.org/10.1007/978-3-030-71748-3_8

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