Hong Kong slapped a 15 percent stamp duty on home sales this autumn, but the city’s elite – along with their mainland cousins – have quickly found a way around that market curb. Also in the news, “universal insurance” is… Read More>>
Straits Trading Sells Melbourne Tower for $123M and More Asia Real Estate Headlines
It may be the end of the week, but the news keeps rolling in. Today’s headlines include Chew Gek Khim-led Straits Trading Company flipping a Melbourne tower it acquired last year for $123 million, Xinyuan Real Estate buying land in… Read More>>
China Home Prices Rise for 15th Consecutive Month and More Asia Real Estate Headlines
Among the biggest stories as we kick off August is the strong performance of China’s residential market, where sales rose again in July. That upswing helped some mainland developers to announce better than expected sales, while their Hong Kong counterparts… Read More>>
Chinese SOE Builder Reassures Bond-Holders After Govt Forces Change in Control
China City Construction (International) Co (CCCI) moved to reassure bond-holders on Friday after control of the Hong Kong-listed construction and real estate firm’s Beijing-based parent company was transferred to a privately managed mainland investment fund.
The transfer in ownership which… Read More>>
Asset-Light Could Mean Profit-Starved for Wanda and More China Real Estate Headlines 2015-01-28
Some alert investment bankers have noticed that Dalian Wanda has no history of making money from services, Shenzhen developer Kaisa seems to have kissed and made up with the local government and a Chinese company turns one of Australia’s largest… Read More>>