Mingtiandi

Asia Pacific real estate investment news and information

CapitaLand Acquires Residential Site in Ningbo for US$181 Mil

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CapitaLand China, a subsidiary of Singapore’s largest real estate developer announced recently that it had acquired a residential site in the port city of Ningbo in eastern China’s Zhejiang province for S$232 million (US$181.45 million).

The 57,370 square metre site in the Sunjia area of the city’s Jiangbei district was acquired through a government land auction, and CapitaLand said in a statement that it intends to develop approximately 1,100 homes on the property.

CapitaLand China, a subsidiary of Singapore's largest real estate developer announced recently that it had acquired a … Read more>>>

Cameron says China’s Wanda to invest up to $5B in UK

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Dalian Wanda, the property developer headed by China’s richest man, plans to invest up to 3 billion pounds ($5 billion) in regeneration projects in Britain, Britain’s prime minister said on Friday.

Prime Minister David Cameron unveiled the investment after meeting Dalian Wanda’s chairman Wang Jianlin in Davos this week. It comes after Cameron led the largest-ever British mission to China last December that involved about 100 business people.

Dalian Wanda, the property developer headed by China's richest man, plans to invest up to 3 billion pounds ($5 billion) … Read more>>>

Take the Mingtiandi Map Survey!

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You may have noticed that this week in the feature story on the new Capitaland project in Ningbo, Mingtiandi included an embedded Google Map showing where the property is (and if you’re not familiar with China, where Ningbo is).

Adding… Read More>>

You may have noticed that this week in the feature story on the new Capitaland project in Ningbo, Mingtiandi included an … Read more>>>

Mingtiandi Chinese New Year Break 2014

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One of the great things about being a foreigner in China, is that I get to double-up on holidays!

So my apologies for taking some time off again so soon after the Christmas break, but it’s now time for Mingtiandi… Read More>>

One of the great things about being a foreigner in China, is that I get to double-up on holidays! So my apologies for … Read more>>>

CITIC and Swire Plan 295K Sqm Mixed-Use Project in Dalian

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CITIC Real Estate, Dalian Port Real Estate and Swire Properties jointly announced today that the three parties have signed a framework agreement to jointly develop a project in Dalian Port.

The signing took place in Dalian. Song Chuan, Chief Executive… Read More>>

CITIC Real Estate, Dalian Port Real Estate and Swire Properties jointly announced today that the three parties have … Read more>>>

Construction Slowdown Seen Bringing HK Flat Prices Back Up

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Hong Kong’s property market continues to experience a shortage of new supply, with the number of completed flats falling to a four-year low last year, but analysts expect supply to pick up in coming years.

Figures from the quarterly report of the Housing Authority show that only 8,300 new private residential units were completed last year – nearly 18 per cent less than 2012. The number also fell far short of the government’s expectation of 13,551 flats for 2013.

Hong Kong's property market continues to experience a shortage of new supply, with the number of completed flats falling … Read more>>>

DC-Based Architect Creates Design for Shaoxing Cultural Park

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A design by Washington DC-based architect Liu Xiang has been selected for a new commercial real estate development in the city of Shaoxing in China’s Zhejiang province.

The architect believes that the design for the 160,000 square metre cultural centre… Read More>>

A design by Washington DC-based architect Liu Xiang has been selected for a new commercial real estate development in … Read more>>>

China Approves 12 More Free Trade Zones

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China’s central government has given the nod to 12 free trade zones (FTZs) following the one in Shanghai, amid a spurt of nationwide enthusiasm for such schemes.

Tianjin Municipality and Guangdong Province have been green-lit to set up FTZs, a source with knowledge of the approval told Xinhua-run Economic Information Daily on Wednesday, refusing to leak the remaining 10.

China's central government has given the nod to 12 more free trade zones (FTZs) just three months after the first of the … Read more>>>

HSBC China PMI Falls to Surprising 6-Month Low

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A Chinese manufacturing index fell more than estimated in January to a six-month low, a private survey showed.

The preliminary reading of 49.6 for a Purchasing Managers’ Index released Thursday by HSBC Holdings Plc and Markit Economics compares with a final figure of 50.5 in December and a 50.3 median estimate of 19 analysts in a Bloomberg News survey. A number above 50 indicates expansion.

A Chinese manufacturing index fell more than estimated in January to a six-month low, a private survey showed. The … Read more>>>

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