Asia real estate and outbound investment news
Shanghai’s government got the message from someone upstairs regarding the city’s 14 percent increase on housing prices during October, and the result is raft of new restrictions on housing purchases in the city.
Following several straight months of record increases… Read More>>
Sales of new housing space reached 1.404 million square meters in Shanghai last month, a 60 percent increase over the total from a year earlier with prices jumping more than 14 percent over the same period, according to data from… Read More>>
Following some policy-induced tough times during 2012, China’s major real estate developers are outpacing their sales targets so far in 2013, with overall revenue growth approaching 30 percent for the year.
Big industry names such as China Vanke, Country Garden… Read More>>
Now that the Singapore and Hong Kong markets have been picked clean by Chinese investors, Asia’s new rich are moving into Australian homes, according to a recent report.
McGrath Estate Agents of Australia expects the price of housing in Sydney… Read More>>
Apparently the centre cannot hold for China’s downtown office space, as one of the leading real estate advisors foresees things falling apart for tenants who don’t seriously consider locations away from prime downtown areas.
Real estate consultancy Cushman & Wakefield… Read More>>
China’s weather wasn’t the only thing setting heat records in July, as home prices rose in 69 out of 70 cities, led by a 17 percent year on year jump in Shenzhen and Guangzhou – and this rise in the… Read More>>
One of the biggest steps in China’s economic liberalization was formalized last week when final approval was granted for a new free trade zone in Shanghai. This pilot program for creating a less regulated economy is aimed at boosting China’s… Read More>>
Given its status as a government mouthpiece, I’m not really sure if recent criticism of real estate investment figures from China’s National Bureau of Statistics makes Xinhua (the Chinese news agency) a pot or a kettle, but it’s nonetheless encouraging… Read More>>
With Chinese purchases of overseas real estate putting upward pressure on many global real estate markets, it may be a matter of time before the US, Canada and Australia follow markets such as Hong Kong and Singapore in taxing purchases… Read More>>
Demand and transaction activity grew strongly in Eastern China’s office and land markets during the second quarter of 2013 according to global real estate consultancy Jones Lang LaSalle in a report published today.
The Jones Lang LaSalle Second Quarter Property… Read More>>
