The biggest industry in Asia’s biggest wealthiest city is back on the rise according to a straw poll of property analysts, which puts their prediction of higher prices on the way for Hong Kong housing at the top of Mingtiandi’s… Read More>>
Country Garden Eyes Smaller Cities for Growth and More Asia Real Estate Headlines
China’s top two property developers are going in different directions with Country Garden seeing its future in small cities and counties while Evergrande is increasing its investment in the electric car market. Meanwhile Club Med is planning to open a… Read More>>
China Vanke Sales Slid 12% in February as Mainland Home Titans Pinched
Property sales by China’s top three developers slid in the first two months of 2019 compared to the same period last year as the companies brace for an uncertain year ahead.
Vanke, China’s second-largest real estate developer in 2018 in… Read More>>
Shenzhen Lowers Mortgage Rates and More Asia Real Estate Headlines
Banks just across the border from Hong Kong have started lowering mortgage rates as quantitative easing starts seeping in China’s residential markets offering developers hope of a recovery after a year of tight monetary policy. Further south, the tiny city-state… Read More>>
Evergrande Expects Record 90% Jump in Core Profit for 2018
Mainland developer China Evergrande Group said in an announcement to the Hong Kong stock exchange this week that it is likely to report a record 90 percent jump in core profit for 2018, thanks to an increase in the amount… Read More>>
Kowloon West Megasite Could Sell for HK$100B and More Asia Real Estate Headlines
Leading today’s top real estate stories from around the region, developers from Hong Kong and the mainland may soon be scraping up their change to bid for a prime commercial site atop Hong Kong’s high-speed rail terminus which could sell… Read More>>
32% Growth Helps Country Garden Lead China’s Top 10 Developers for 2018
Country Garden Holdings was China’s top developer in 2018, as measured by sales contracts, maintaining its hold on the top spot for the second consecutive year in a year marked by consolidation among mainland developers.
The Guangdong-based builder chaired by… Read More>>
Chinese Estates Owners Buy $1.1B of Evergrande Bonds
Chinese Estates Holding director Kimbee Chan Hoi-wan and members of her husband Joseph Lau’s family purchased a third of $3 billion in senior unsecured bonds issued by China Evergrande Group late last month, swelling the clan’s portfolio of the top-three mainland… Read More>>
Ascendas REIT to Build Grab’s New $135M HQ and More Asia Real Estate Headlines
Southeast Asia’s biggest ride-hailing app has found a new home in Singapore as Grab announces plans for a new $134.5 million headquarters to be built by Ascendas REIT. Also in the news, China’s Evergrande continues to buy up auto assets… Read More>>
Mainland Developers Issue $8.6B in Offshore Bonds and More Asia Real Estate Headlines
China’s real estate market is slowing and the country’s biggest developers have reacted by borrowing more cash from overseas markets as government controls continue to restrict home sales. Also in the news today, JP Morgan joins the analyst choir predicting… Read More>>
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