Leading today’s Hong Kong real estate news, former Sung Hung Kai chairman Walter Kwok has put down HK$6 billion to redevelop a 50-year-old clubhouse, and a project headed by a former sidekick of Richard Li has started selling off office… Read More>>
Li Ka-Shing Sees HK Home Prices Rising Despite Curbs and More Asia Real Estate Headlines
Hong Kong’s richest man predicts the city’s home prices will continue to climb in 2017, despite government curbs and a surge of supply. Also in the news today, a Chongqing developer hopes to make a £500 million deal in London,… Read More>>
Shanghai Banks Told Not to Lend to Property Industry and More Asia Real Estate Headlines
The headlines are full of stories of the Chinese government clamping down on credit to the real estate industry today, including comments from a top banking regulator saying that property loans are not a big issue. In other news, Hong… Read More>>
Shui On to Sell Shanghai Homes for RMB 300k Per SQM and More Asia Real Estate Headlines
Shanghai-based Shui On Land is hoping the city’s property boom lasts long enough for it to sell homes near its Xintiandi complex for RMB 300,000 ($44,000) per square meter, while on the Hong Kong stock exchange, investors are already selling… Read More>>