Asia real estate and outbound investment news
Companies controlled by Singaporean tycoon Kwek Leng Beng and his cousin, Malaysian magnate Quek Leng Chan, have teamed up to buy a prime freehold site in the city’s River Valley neighborhood for S$980 million ($744 million).
The deal is Singapore’s… Read More>>
Half the region is on the beach this week or staying at home gorging themselves on mooncakes, but the team here at Mingtiandi is still at the controls of our information machine, and today we’re bringing you the inside story… Read More>>
Credit is at the top of the news today as China’s top commercial developer has its paper downgraded to junk status, while Moody’s makes reassuring noises about some of the mainland’s other leading developers, despite a housing slowdown. Further south,… Read More>>
Leading today’s real estate headlines in the region is a pricey Singaporean penthouse that comes with its own private pool, as the Lion City tests its nascent real estate recovery. Also in the news, China’s leading builder of outlet malls… Read More>>
China’s 2017 credit crunch may already be paying dividends for its real estate heavyweights as distressed asset enthusiast Sun Hongbin of Sunac moves onto the board of a struggling mainland tech giant on the same day that its chairman exits…. Read More>>
China’s highest level planning body is getting ready to slow down capital outflows after the country’s falling currency led to nearly $70 billion fleeing the country last month. Also in the headlines, it appears that at least some of that… Read More>>
One Hong Kong newspaper is reporting that Li Ka-shing has sold off a 75 percent stake in one of his trophy assets, while Donald Trump may be in trouble with some US voters, but according to stories in the press… Read More>>
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>>
Every day Mingtiandi scans the web and curates the day’s biggest stories for you. Here’s what we found today:
China Cuts Interest Rates for 6th Time in One Year
China cut interest rates and the banks’ reserve ratio on Friday… Read More>>
Here is a list of the day’s latest China real estate news collected from around the web:
A subsidiary of China Resources Group, the Hong… Read More>>
