For years, property was flagged as China's biggest risk but amid the country's apparent economic malaise and financial market unpredictability, property now offers opportunities for selective investors.
John Saunders, managing director and head of Asia-Pacific real estate at BlackRock, told CNBC on Thursday that Beijing's transition to service sector growth was a healthy catalyst for commercial real-estate.
"Now is the time to be looking" he said, pointing to high-quality office, retail and logistics assets in tier-1 cities including Beijing and Shanghai.
"We have already started to see more keen sellers in China and I think there will be buying opportunities as the conditions from China's old economy get less favorable."
It's not just commercial real-estate looking attractive; recent data increasingly reflects a revived residential market.
In the first eight months of the year, nationwide sales of new residential properties [excluding government-funded affordable housing] increased 18.7 percent on-year, higher than the 16.8 percent increase seen over the first seven months, according to the National Bureau of Statistics last week.
Moreover, existing home sales across 32 cities grew by a further 22.2 percent on year in the first three weeks of September, Barclays noted this week, saying the increase bodes well for ongoing sales improvement despite high stock market volatility.