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Wu XIaohui

Anbang’s Wu Xiaohui Sentenced to 18 Years in Prison, $1.6B in Assets Confiscated

Wu XIaohui

2018/05/11 by Shawna Kwan Leave a Comment

Anbang Insurance Group’s founder and former chairman Wu Xiaohui has been sentenced by a Chinese court to 18 years in prison for fraud and embezzlement, China’s official news agency Xinhua reported Thursday morning. The court also ruled that RMB 10.5… Read More>>

Anbang Insurance Group’s founder and former chairman Wu Xiaohui has been sentenced by a Chinese court to 18 years in … Read more>>>

Beijing CBD Core Area

Beijing Restricts Building Heights in Prime District — Derails RMB 8.6B in Office Projects

Beijing CBD Core Area

2018/04/19 by Shawna Kwan Leave a Comment

The Beijing government has retroactively restricted the height of buildings in a prime plot of the city’s core business district to as low as 100 metres, truncating the building heights and potential investment returns of developers who purchased more than… Read More>>

The Beijing government has retroactively restricted the height of buildings in a prime plot of the city’s core business … Read more>>>

Hong Kong Home Prices Could Rise Another 10% in 2018 as Colliers Sees Continued Demand

2018/04/14 by Shawna Kwan Leave a Comment

The cost of shelter in Hong Kong continues to defy the laws of gravity, after new home prices in the city surged by 18 percent last quarter to the second-highest level since 1996. But while the ongoing housing boom in… Read More>>

The cost of shelter in Hong Kong continues to defy the laws of gravity, after new home prices in the city surged by 18 … Read more>>>

Singapore skyline office rents

Singapore Expats Rejoice as Town Ranks Tops for Living

Singapore skyline office rents

2018/03/20 by Shawna Kwan Leave a Comment

Singapore once again takes the crown as Asia’s best city for expatriates, according to the Mercer 2018 Quality of Living survey which grades 231 cities according to factors like banking services, political stability, healthcare, electricity and crime. The top placement… Read More>>

Singapore once again takes the crown as Asia’s best city for expatriates, according to the Mercer 2018 Quality of Living … Read more>>>

Home Prices Drop in Beijing, Shanghai and Shenzhen as China Property Freeze Drags On

2018/03/19 by Shawna Kwan Leave a Comment

The number of mainland cities seeing new home prices rise dropped to 44 in February from 50 the previous month, according to the latest figures from China’s National Bureau of Statistics, as demand suppression measures decreed by the government continued… Read More>>

The number of mainland cities seeing new home prices rise dropped to 44 in February from 50 the previous month, … Read more>>>

Singapore metro commute

Cost of Cars and Clothes Makes Singapore the World’s Priciest City

Singapore metro commute

2018/03/15 by Greg Isaacson Leave a Comment

Asia Pacific is home to four of the top ten most expensive cities in the world for expatriates and business travelers, according to a new report by The Economist Intelligence Unit (EIU).

The biannual survey by the research and advisory… Read More>>

Asia Pacific is home to four of the top ten most expensive cities in the world for expatriates and business travelers, … Read more>>>

Michael Wong

Hong Kong Boosts Land Sale Transparency in Battle Against Crazy Bidders

Michael Wong

2018/03/03 by Shawna Kwan Leave a Comment

Hong Kong is learning from its all-time rival Singapore as it seeks to tame the city’s land prices. In addition to the tender amount of the successful bidder in land sales, the Hong Kong government will now publish the amounts… Read More>>

Hong Kong is learning from its all-time rival Singapore as it seeks to tame the city’s land prices. In addition to the … Read more>>>

Surging Hong Kong Drove $158B Asia Pacific Property Deal Peak in 2017

2018/02/20 by Greg Isaacson Leave a Comment

Hong Kong shouldered aside Tokyo to take the crown as the most active metropolitan real estate investment market in Asia Pacific last year, with deals for income-producing assets jumping 39 percent year-on-year to $20.9 billion, according to a new report… Read More>>

Hong Kong shouldered aside Tokyo to take the crown as the most active metropolitan real estate investment market in Asia … Read more>>>

Guo Shuqing CBRC

China’s CBRC Warns on Using M&A Loans for Land Grabs

Guo Shuqing CBRC

2018/02/04 by Shawna Kwan Leave a Comment

China’s banking watchdog is clamping down on lending for land deals in Shanghai, amid a central government campaign to deleverage the property sector. A circular recently issued by the Shanghai branch of the China Banking Regulatory Commission (CBRC) has warned… Read More>>

China’s banking watchdog is clamping down on lending for land deals in Shanghai, amid a central government campaign to … Read more>>>

Ingrid Cheh JLL

Hong Kong Housing Starts Dropped 33% in 2017 After 2016 Surge

Ingrid Cheh JLL

2018/01/29 by Shawna Kwan Leave a Comment

Hong Kong saw a 33 percent plunge in the number of private residential units that started construction last year, falling from 25,500 in 2016 to 17,000, according to figures from the city’s Transport and Housing Bureau.

Although the decline may… Read More>>

Hong Kong saw a 33 percent plunge in the number of private residential units that started construction last year, … Read more>>>

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