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China homebuyer

Fitch Sees China Home Sales Falling Up to 30% This Year as Confidence Erodes

2022/06/21 by Christopher Caillavet Leave a Comment

Fitch Ratings has revised down its 2022 forecast for China home sales to a decline of 25-30 percent as COVID-19 lockdowns, developer defaults and crumbling consumer confidence continue to suppress buyer demand.

Sales in the world’s biggest housing market were… Read More>>

zhenro buliding

China’s Zhenro to Default on $300M in Bonds and More Asia Real Estate Headlines

2022/06/01 by McDowell Ramintas Leave a Comment

In today’s roundup of regional news headlines, China’s Zhenro Properties is set for another offshore bond default, the property arm of Hong Kong’s Nan Hai suspends all staff for six months amid financial woes, and a pair of Singapore condo… Read More>>

China-Housing-Showroom-e1650276300467

China Home Sales Dropped 29% in March and More Asia Real Estate Headlines

2022/04/18 by Michael Cole Leave a Comment

Local governments in China have been racing to lower home purchase restrictions in an effort to revive flagging housing sales in recent weeks, but those efforts are still falling short according to the latest government data.

Also in the news… Read More>>

Millenium Hilton Seoul

CDL Said Selling Seoul Hotel to IGIS for $849M and More Asia Real Estate Headlines

2021/10/19 by Pimfha Chandhapradit Leave a Comment

Distress leads the news today with reports from Korea and mainland China showing signs of tough financial times for real estate firms, including Singapore’s CDL selling a Seoul luxury hotel after suffering a disastrous 2020.

Also, a fresh set of… Read More>>

GuocoLand Secures S$730M Green Loan for SG Project and More Asia Real Estate Headlines

2020/05/20 by James Hatton Leave a Comment

A Singapore-listed developer leads Mingtiandi’s roundup of Asia real estate headlines today with news that the firm controlled by Malaysian billionaire Quek Leng Chan’s Hong Leong Company has secured the largest ever green loan for a real estate development in… Read More>>

China housing

China Property Investment Rebounds in April and More Asia Real Estate Headlines 

2020/05/17 by James Hatton Leave a Comment

An April rebound leads the way in Mingtiandi’s roundup of Asia real estate headlines today with the news that real estate investment has picked up in mainland China as the country emerges from lockdown.

In other news around the region,… Read More>>

Luckin Coffee

Luckin Coffee Scandal Derails Backer’s $2.5B Fund and More Asia Real Estate Headlines

2020/04/18 by James Hatton Leave a Comment

An accounting scandal leads the way in Mingtiandi’s roundup of Asia real estate headlines today with the news that a mainland private equity firm that is a major backer of the coffee chain accused of faking its sales has put… Read More>>

Luckin Coffee

Goldman Seizes Luckin Shares after $518M Default and More Asia Real Estate Headlines

2020/04/07 by James Hatton Leave a Comment

Coffee leads the way in Mingtiandi’s roundup of Asia real estate headlines today with the news that a US investment bank is seizing shares in a scandal-hit coffee chain after the company’s chairman defaulted on a $518 million loan.

In… Read More>>

HK Co-living Firms Slash Rents as Tenants Scram and More Asia Real Estate Headlines

2020/03/31 by James Hatton Leave a Comment

Communal housing leads the way in Mingtiandi’s roundup of Asia real estate headlines today with the news that co-living operators in Hong Kong have been forced to slash rents as occupancy rates fall.

In other news around the region, Hong… Read More>>

wework hustle

WeWork Offers Staff $100 Daily Virus Bonuses and More Asia Real Estate Headlines

2020/03/25 by James Hatton Leave a Comment

A US co-working giant leads the way in Mingtiandi’s roundup of Asia real estate headlines today with the news that the company is offering $100-a-day bonuses to lure staff back to its US locations, despite the ongoing pandemic.

In other… Read More>>

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