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China Home Sales Slump Continued in July and More Asia Real Estate Headlines

2024/08/01 by Ponrath Sopannarath Leave a Comment

China’s residential slump deepened in July, with that story leading Mingtiandi’s headline roundup today. Also making the list, a Hong Kong mansion sells for 60 percent of the asking price and China’s Gemdale unloads a Seattle apartment tower for $174… Read More>>

Eddie Yue HKMA

Asia Real Estate People in the News 2024-07-29

2024/07/29 by Michael Cole Leave a Comment

Central banking leads this week’s collection of personnel moves from around Asia, with Hong Kong renewing the head of its monetary authority for a fresh term. Also making the list is fresh China leadership for Singapore’s Mapletree and a new… Read More>>

Adrian Cheng, CEO and executive vice-chairman of New World Development

NWD Sells Hong Kong Homes at Eight-Year Low Price and More Asia Real Estate Headlines

2024/07/07 by Ponrath Sopannarath Leave a Comment

New World Development and Far East Consortium are marketing a residential project at the lowest prices in eight years, with that story leading Mingtiandi’s headline roundup today. Also making the list, Malaysia’s Johor has attracted more than 50 data centres… Read More>>

Wang On CEO and executive director Nick Tang

Hong Kong’s Wang On Declares $95M Loss and More Asia Real Estate Headlines

2024/06/27 by Ponrath Sopannarath Leave a Comment

Hong Kong developer Wang On Properties has swung to a $95 million loss, thanks in part to write-downs on its project pipeline, with that story leading today’s headline roundup. Also in the news, mainland developer Sino-Ocean says it will miss… Read More>>

China May Home Prices Fell at Fastest Pace in a Decade and More Asia Real Estate Headlines

2024/06/17 by Ponrath Sopannarath Leave a Comment

China’s home price slide accelerated in May, despite government efforts to support the sector, with that story leading Mingtiandi’s headline roundup today. Also making the news is developer China Vanke, which saw its shares drop after taking out a $565… Read More>>

$2.7B Data Centre Planned in the Philippines and More Asia Real Estate Headlines

2024/06/14 by Ponrath Sopannarath Leave a Comment

A plan for the Philippines’ largest data centre leads today’s headline roundup at Mingtiandi as a 300MW project is announced north of Manila. Also in the news, a villa on Hong Kong’s Peak once belonging to China Evergrande’s CEO has… Read More>>

Assets Linked to Singapore Money Launderers Set to Sell and More Asia Real Estate Headlines

2024/06/13 by Ponrath Sopannarath Leave a Comment

Singapore shophouses lead Mingtiandi’s headline roundup today as a set of properties linked to a money-laundering case in the city-state are said to be selling for over $74 million. London also makes the list as a Taiwanese developer checks out… Read More>>

Evergrande Real Estate Group Chairman of the Board Hui Ka-yan (Getty Images)

Regulator Rejects Evergrande Founder’s Appeal as EV Arm Risks Land Confiscation

2024/06/12 by Christopher Caillavet Leave a Comment

A top mainland regulator dismissed statements of defence provided by China Evergrande’s founder and former chairman, Xu Jiayin, and other executives penalised for their role in financial fraud and disclosure lapses at the bankrupt developer.

In a document dated 21… Read More>>

Xu Jiayin evergrande

China Evergrande Fined $576M for Fraud and More Asia Real Estate Headlines

2024/06/03 by Michael Cole Leave a Comment

The poster child for China’s real estate crisis leads Mingtiandi’s headline roundup again today, with Beijing authorities fining Evergrande $576 million for fraud. JD.com also makes the news with the postponement of a Hong Kong IPO and China home prices… Read More>>

Ho Chi Minh City

Foreign Investment in Vietnam Properties Jumps 70% and More Asia Real Estate Headlines

2024/05/29 by Ponrath Sopannarath Leave a Comment

Foreign investors injected nearly $2 billion into Vietnam’s property sector during the first five months of the year, with that story leading Mingtiandi’s headline roundup today. Also in the news, the head of New China Asset Management has gone missing… Read More>>

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