As the future of EB-5 hangs in the balance, one US-based developer has paid for a deputy mayor to travel to Shanghai and Beijing to seek investment through the program. Also in the news today, WeWork might have a new… Read More>>
ADIA Opens Hong Kong Office And More Asia Real Estate Headlines
Hong Kong takes centre stage in the region’s real estate headlines today, starting with Abu Dhabi’s sovereign fund opening an office in the territory while the city’s Chow Tai Fook Enterprises may be venturing half-way around the world to buy… Read More>>
Shanghai Could Require 50% Downpayments and More Asia Real Estate Headlines
Home prices are hitting new records in Shanghai and the government seems to be unhappy. The result for homebuyers could be minimum 50 percent down-payment levels and the upshot for developers could be lower demand for housing. Plus, China’s biggest… Read More>>
Mainland Developers Back Away From HK Amid Slump and More Asia Real Estate Headlines
China’s development giants are joining Hong Kong’s local heavyweights in staying away from land auctions in the SAR, CSCEC is moving forward with another US project, and mainland home buyers are favoring North America and Australia in the wake of… Read More>>
Leighton-CSCEC JV Wins $1.2B HK Tunnel Deal and More Asia Real Estate Headlines
An Australian-Chinese joint venture has won a long-delayed contract to build a new tunnel in Hong Kong, the world’s biggest warehouse builder is seeking $302 million in new funding for its mainland branch, and officials in China’s Zhejiang province are… Read More>>
SG Home Prices Fall for 11 Straight Quarters and More Asia Real Estate Headlines
Singapore home prices have now been falling for nearly four years as the market keeps looking for a bottom, but developers in the Lion City continue to compete for sites. On the mainland, home sales in Shanghai continue to climb… Read More>>
Shanghai 2nd-Hand Home Prices Reach Record High and More Greater China Real Estate Headlines
It’s dragon boat day here on the mainland, but there’s still news to report, as second-hand home prices in China’s capital reach record levels, and a plan to build the world’s tallest tower in a Chinese second-tier city run afoul… Read More>>
Beijing Rents Outstrip Salaries by 23% and More China Real Estate Headlines
Average rentals in Beijing now exceed average incomes by 23 percent, while down in Hong Kong, the number of homeowners suffering from negative equity has jumped by 14 times. Meanwhile China’s biggest construction firm is backing plans for a new… Read More>>
Greenland Greenlighted for 240M London Tower and More China Real Estate Headlines 2016-02-23
China’s second largest developer has now won approval to build Europe’s tallest homes along Canary Wharf, while a Singaporean serviced apartment operator ties up with the mainland’s biggest construction firm to open more units in China. Also a bit more… Read More>>
China Overseas Holdings Buys Sydney Site for $56M
One of China’s 10 largest developers became the latest mainland homebuilder to enter the Sydney market this week when China Overseas Holdings Ltd (COHL) bought a site in the city’s north side for A$80 million ($56 million).
The acquisition by… Read More>>