Coffee leads the way in Mingtiandi’s roundup of Asia real estate headlines today with news that the Chinese rival to Starbucks has ground out $561 million from a larger-than-expected IPO, making the online to offline coffee chain full of beans.
China Jinmao Selling Xiamen Homes for Less Than Land Cost as Market Skids
Demand for homes is slipping in mainland China and state-owned China Jinmao Holdings seems to be finding out how low prices can go as the developer has begun selling homes at a project in Xiamen for less than the price… Read More>>
China Home Sales Volumes Fall as Crackdown Kicks In and More Asia Real Estate Headlines
Things are getting quiet on the mainland as authorities continue to step up enforcement of home sales restrictions in a crackdown first launched in late June. During September home sales fell by 3.6 percent in terms of floor space, marking… Read More>>
Kaisa Could Return to International Bond Market and More Asia Real Estate Headlines
One of the best-known names in Asian financial markets may be returning to the region’s bond trade as Kaisa Group hopes that the newfound appetite for Chinese developer debt may make investors overlook its 2015 default and 2016 restructuring. Also… Read More>>
Mainland Developers Push Parking as Govt Dictates Home Prices
Beleaguered home buyers in China’s largest cities look like they’ve caught a break this year, as average housing prices in Beijing slid 0.1 percent in July and subsided by 0.2 percent in Shenzhen after growing more than 40 percent last… Read More>>
Sachin Doshi Closes Nearly $60M for Co-Living Platform and More Asia Real Estate Headlines
Co-working, co-living, co-biking and other hits of the sharing economy continue to lead the headlines today as a former pension fund executive raises $60 million to invest in shared living spaces. Also in the news, The Economist decides Singapore is… Read More>>
Shanghai Home Sales Cut in Half in 2017 as Govt Seeks Good News on Affordability
After home prices jumped by as much as 76 percent in China’s first tier cities from the beginning of 2015 through the end of last year, the country’s leadership came into 2017 determined to stop speculation and cool down the… Read More>>
Faith in Govt Inspires 6.2% Growth in China Real Estate Investment
China’s real estate markets produced a major upswing in new investment, growth in land sales and housing sales in the first quarter, following the government’s December commitment to destock an overhang of unsold homes.
Growth in new real estate investment… Read More>>
Hong Kong Group to Invest £300m in Manchester and More China Real Estate Headlines 2015-10-14
Every day Mingtiandi scans the web and curates the day’s biggest stories for you. Here’s what we found today:
Hong Kong Group Placing £300m Bet on Manchester Property
Following the full acquisition of Manchester’s gargantuan Grade II-listed Great Northern Warehouse… Read More>>
Housing Market Heats Up During China’s Hottest Month
Monthly growth in average home prices in China grew to 0.95 percent during August as the country’s housing market heated up during a traditionally slow sales month.
The average price across 100 of China’s biggest cities grew to RMB 10,787… Read More>>