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5 Corporate Avenue

Shanghai Office Rents Stable as New Towers Debut

5 Corporate Avenue

2014/07/23 by Michael Cole Leave a Comment

Grade A office rentals in Shanghai held fast during the second quarter, despite three major new buildings coming on the market. However, the outlook for 2015 and beyond could hold trouble for some projects as the city now has more… Read More>>

Grade A office rentals in Shanghai held fast during the second quarter, despite three major new buildings coming on the … Read more>>>

Fortune China 100

Half of China’s Real Estate Royalty Drop Out of 100 Richest Families

Fortune China 100

2014/07/22 by Michael Cole Leave a Comment

While China’s real estate downturn has yet to create the kind of distress seen in the US in 2008, it still is taking a toll on the fortunes of the country’s commercial kings and queens, according to Fortune magazine.

In… Read More>>

While China's real estate downturn has yet to create the kind of distress seen in the US in 2008, it still is taking a … Read more>>>

Hangzhou housing

China Housing Prices Fall in 55 Out of 70 Cities

Hangzhou housing

2014/07/21 by Michael Cole Leave a Comment

China’s housing market is now sliding nationwide, as government statistics released on Friday show falling home prices have spread to 55 of 70 cities surveyed. The drop in housing sales and average prices comes as developers struggle with a glut… Read More>>

China's housing market is now sliding nationwide, as government statistics released on Friday show falling home prices … Read more>>>

Chen Zhenggao of the Ministry of Housing and Urban Rural Development

National Auditors Allege RMB9.37B Fraud and Abuse in Public Housing

Chen Zhenggao of the Ministry of Housing and Urban Rural Development

2014/07/21 by Michael Cole Leave a Comment

China recently set aside RMB 119.3 billion ($19.2 billion) to provide affordable housing for its middle-class, but the program seems to first be creating opportunities for massive fraud and abuse of funds.

The country’s National Audit Office issued a statement… Read More>>

China recently set aside RMB 119.3 billion ($19.2 billion) to provide affordable housing for its middle-class, but the … Read more>>>

Wu Zhizhong

Lust for Real Estate (and Porn) Fells Chinese Officials

Wu Zhizhong

2014/07/21 by Michael Cole Leave a Comment

Details of the downfall of another set of local officials felled by the Xi Jinping government’s anti-corruption campaign were released last week, and once again the misbehaving bureaucrats were accused of accumulating vast real estate holdings. (As well as a… Read More>>

Details of the downfall of another set of local officials felled by the Xi Jinping government's anti-corruption campaign … Read more>>>

China land auction

Real Estate Investment Skid Slowing Down Land Prices

China land auction

2014/07/16 by Michael Cole Leave a Comment

Investment by China’s real estate developers continued to slow during June, as the industry is squeezed between rapidly growing inventory and dropping demand, according to government statistics released today.

And these difficulties facing property firms are rapidly spreading to the… Read More>>

Investment by China's real estate developers continued to slow during June, as the industry is squeezed between rapidly … Read more>>>

Mercer Expat Survey 2014

Shanghai and Beijing Rank as 10th and 11th Most Expensive Cities

Mercer Expat Survey 2014

2014/07/14 by Michael Cole Leave a Comment

New York is cheaper than Beijing and London’s a better bargain than Shanghai, but at least Hong Kong is cheaper than Luanda, Angola.

A report on the cost of living in major cities around the world shows that Hong Kong, Singapore,… Read More>>

New York is cheaper than Beijing and London's a better bargain than Shanghai, but at least Hong Kong is cheaper than … Read more>>>

Jinan downtown

Jinan Lifts Home Purchase Restrictions Amid Housing Glut

Jinan downtown

2014/07/14 by Michael Cole Leave a Comment

The capital of eastern China’s Shandong province will now allow potential buyers to purchase as many homes as they would like, regardless of whether or not they are residents.

The move by the city of Jinan was confirmed by officials… Read More>>

The capital of eastern China's Shandong province will now allow potential buyers to purchase as many homes as they would … Read more>>>

REIW Asia 2014

China Real Estate Investors See Opportunities in 2014 Downturn

REIW Asia 2014

2014/07/07 by Michael Cole Leave a Comment

With China’s headlines filled by stories of defaulting developers and falling home prices, some of the world’s largest real estate investors are finding 2014 to be a good year for negotiating property deals in the world’s second-largest economy.

In a panel discussion that… Read More>>

With China's headlines filled by stories of defaulting developers and falling home prices, some of the world's largest … Read more>>>

Shanghai Housing

Shanghai Home Sales Slid 36.5% in June

Shanghai Housing

2014/07/07 by Michael Cole Leave a Comment

Sales of new housing in Shanghai dropped 36.5 percent in June compared to the same month last year, as China’s commercial capital continues to be hit by a housing slump.

Although a survey released one week ago by China Index… Read More>>

Sales of new housing in Shanghai dropped 36.5 percent in June compared to the same month last year, as China's … Read more>>>

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