The Shenzhen government’s largest listed real estate firm has made its first foray across the border, buying a residential site in the New Territories for HK$3.17 billion (US$406.2 million) in a joint venture with affiliated Hong Kong firm, Road King… Read More>>
A subsidiary of China’s biggest construction firm snatched up a development site in Singapore’s West Coast Vale on Thursday of last week for S$291.99 million ($205.22 million), according to a statement from the Singapore Urban Development Authority.
Coming in just… Read More>>
A joint effort by China Vanke, the country’s largest developer and Cinda Real Estate, a developer belonging to one of the country’s biggest asset managers, beat out 17 other bidders last week to offer RMB 12.3 billion ($1.87 billion) for… Read More>>
A crowd of 30 mainland developers cast aside concerns of a government clampdown on Shanghai housing sales last week to stoke a bidding war for three pieces of land in the city’s suburbs, which ultimately sold for well above their… Read More>>
While analyst opinions seem to vary regarding the depth of the downturn in China’s real estate market, developers in Beijing, Chengdu and Jiaxing are keeping their money in their pockets, and the result can be seen in land that went… Read More>>
Joining in one of the biggest weeks for land acquisition in China since the global financial crisis, SOHO China purchased a 16,600 square metre site in Shanghai’s Changning district for RMB 3.19 billion.
While SOHO’s buy attracted less attention than… Read More>>