Asia Pacific real estate investment news and information
Socam Development, an affiliate of Shui On Land cut prices by 30 percent at a housing project in central Chengdu last week as the troubled real estate company struggles against slumping sales and falling prices.
According to local media reports,… Read More>>
120 outlets of China’s Ningxia Xinglin Real Estate Marketing Co suddenly shut their doors in recent weeks after more than 1200 customers across four provinces reported having been cheated by the property brokerage.
Now the company’s owner, Wu Binglin, is… Read More>>
China’s sales of homes fell by 10.9 percent during the first eight months of 2014 compared to the same period last year – an even more dramatic slowdown than the 10.5 percent drop recorded during the period through July.
The… Read More>>
Distortions in China’s housing market, along with other factors, may lead China into an extended period of asset deflation similar to Japan’s, according to a report released this week by Bank of America Merrill Lynch.
The report, “Will China Repeat… Read More>>
Just in case Alibaba’s Jack Ma needed another win before his ecommerce giant launches its IPO next week, one of China’s biggest real estate agencies announced this week that it has begun selling houses on his group’s Taobao B2C platform.
Owners of big buildings around the world should send China’s Ministry of Commerce a thank you note today, after the regulatory body announced that most overseas investments by Chinese companies would no longer need the ministry’s approval.
The decision by… Read More>>
Shimao Property, one of China’s largest real estate developers, is reportedly in the advanced stages of acquiring an office block in downtown Sydney, Australia for development of a new residential project valued at A$1 billion ($914 million).
The acquisition, which… Read More>>
The city of Xining in northwestern China became the latest Chinese metropolis to abolish home purchase restrictions this week, as the country continues to struggle with a slowdown in the real estate market.
The capital city of sparsely populated Qinghai… Read More>>
Gerald Chan of Hong Kong’s Hang Lung Properties became the biggest donor ever to Harvard University on Monday, when the Massachusetts-based institution announced that Chan would be making a $350 million gift to the university’s school of public health.
The… Read More>>
Ground was broken recently on a 95,000 square metre crimson cultural centre in Shenzhen designed by Dutch architecture firm Mecanoo and developed by the local government in team with China Vanke.
The Three Cultural Centers & One Book Mall… Read More>>
