Developers face low season

Chinese property developers, hard-pressed by falling sales and tightening credit, have never waited for "Golden September and Silver October", the traditional hot season for the property market, so anxiously.

But they are likely to be disappointed this year as there is no sign of any recovery in the sector because of a glut and stricter credit controls, experts say.

The soaring supply in September, including a large number of low-cost units, will be partly responsible for blocking the chances of any market rebound in Beijing.