Asia Pacific real estate investment news and information
Shimao Properties, mainland China’s eleventh largest developer by contracted sales, has agreed to pay RMB 850 million ($115 million) for a residential site in Beijing, according to the city’s Land Bureau.
The Hong Kong-listed developer controlled by tycoon Hui Wing… Read More>>
Henderson Land Development has purchased a residential plot in Beijing for RMB 3.02 billion ($440 million), according to an announcement by the Beijing Municipal Bureau of Land and Resources.
The developer shouldered aside nine other competitors, including mainland developers Country… Read More>>
China is famous for its paperwork, but many Mingtiandi readers may not yet know about the three different purchase contracts often being used to buy housing in the country’s heavily regulated markets. Also in the news today, Starbucks goes super-venti… Read More>>
Chinese homebuilder Greentown Group has won a piece of residential land in western Beijing for RMB 8.6 billion ($1.3 billion), paying a premium of nearly 20 percent over the reserve price to grab the city’s most expensive site on offer… Read More>>
Property fever leads the headlines region-wide today, as even some of Asia’s once dormant markets sprung to new levels of activity in March. After a long slump post-stamp duty, sales of private homes in Singapore jumped 82 percent last month… Read More>>
Average rentals in Beijing now exceed average incomes by 23 percent, while down in Hong Kong, the number of homeowners suffering from negative equity has jumped by 14 times. Meanwhile China’s biggest construction firm is backing plans for a new… Read More>>
The depressing economics of China’s housing bubble are going viral on the Weibo microblogging platform this week as a series of maps is sparking discussion among the country’ netizens about the unaffordability of homes nationwide.
The maps, which compare and… Read More>>
Here is a list of the day’s latest China real estate news collected from around the web:
CBRE Group Inc. (NYS: CBG) today announced that it has been… Read More>>
