An asset seizure in Guangzhou leads today’s real estate news from around Asia, with shareholders in China Evergrande Group finding out that some of the company’s automotive assets have changed hands without their knowledge. Also in the headlines, an Aussie… Read More>>
Citi Files Wind-Up Petition Against Shenzhen Developer and More Asia Real Estate Headlines
Shenzhen’s China South City is the latest mainland builder to be served with a winding-up petition in a Hong Kong court, with that legal action leading today’s headline roundup. Also in the news, Koramco moves to the top of the… Read More>>
Gaw Seeks to Refinance Hong Kong’s Cityplaza One and More Asia Real Estate Headlines
Fund manager Gaw Capital Partners tries to refinance the debt used to buy a Hong Kong office tower, with that story leading Mingtiandi’s headline roundup today. Also in the news, Citigroup takes a hit on a block trade in Goodman… Read More>>
Jiayuan Ordered to Liquidate After Losing Wind-Up Case and More Asia Real Estate Headlines
In today’s roundup of regional headlines, Jiayuan International becomes the third Chinese builder to lose a winding-up case, and the heir apparent to Singapore’s prime minister tries to calm property price jitters. Also making the news, China home prices inch… Read More>>
Evergrande Bonds Restricted From Trading and More Asia Real Estate Headlines
In today’s roundup of regional news headlines, officials slap trade restrictions on some of developer China Evergrande’s onshore bonds, Blackstone cashes out of part of its stake in India’s Embassy Office Parks REIT, and a COVID-hit travel agency offloads its… Read More>>
Despite Rising Housing Sales, Over 50% of Hong Kongers Uninterested in Home Buying
Despite the improving pandemic situation and rising property sales in Hong Kong, interest in buying homes fell by three percentage points to 14 percent in the second quarter of 2021, according to a Citibank survey on residential property ownership.
In… Read More>>
Citi Says HK Home Prices to Rise 10% This Year and More Asia Real Estate Headlines
Hong Kong’s unsettled property market leads the way in Mingtiandi’s roundup of Asia real estate headlines with the news that a major US bank has predicted that home prices in the city will rise by as much as ten percent… Read More>>
Hong Kongers Expect Housing Market to Stabilise Says Citi Survey
Despite six months of protests and a year-long slide in home prices, many Hong Kong residents are regaining confidence in the city’s housing market, according to a survey published this week by Citibank.
While Hong Kongers remained skeptical toward buying… Read More>>
68% in Citi Survey Say It’s a Terrible Time to Buy a Home in Hong Kong
Homebuyer confidence in Hong Kong’s residential market, which as recently as April had led experts including UBS to predict a bull run that would last at least another decade, is in a state of free fall, according to a Citibank… Read More>>
WeWork Opens Third HK Location in Taikoo Shing and More Asia Real Estate Headlines
Hong Kong and Singapore dominate today’s real estate headlines in the region as WeWork opens its third location along the fragrant harbour and yet another set of condo owners try for a collective sale in the Lion City. Meanwhile, the… Read More>>