A Singapore mall leads the way in Mingtiandi’s roundup of Asia real estate headlines today with the news that two major property developers have paid the S$400M bill for their joint shopping expedition, while a Hong Kong-based private equity firm… Read More>>
CapitaLand Reshuffles Roles After $11B Merger and More Asia Real Estate Headlines
A leadership reshuffle leads the way in Mingtiandi’s roundup of Asia real estate headlines today with news that a major Singapore developer that now holds assets under management in excess of S$100 billion is going through a reorganisation at the… Read More>>
Loss-making Luckin Coffee Hits $561M IPO Jackpot and More Asia Real Estate Headlines
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.
HK$58 Million Shave on Hong Kong Villa Takes Shine Off Luxury Market
Hong Kong’s bellwether for extravagant living — housing prices Peak area — suffered a proper dinging after a residence in the tony Mount Nicholson development sold at a price whose discount alone would build a stately mansion almost anywhere else… Read More>>
Citi Survey Says 57% of Hong Kongers Expect Home Prices to Drop in 2019
Most Hong Kong homeowners now expect home prices to drop over the next 12 months, a sharp increase over the 29 percent who foresaw a declining market in the previous quarter and the 9 percent who had the same expectations… Read More>>
Hong Kong Home Prices Set to Drop 10% in Next 12 Months Says Moody’s
Hong Kong home prices have dropped for the past two months, but any investors dismayed by the market turn after 29 months of climbing prices should get ready for more of the same, according to analysts keeping a watch on… Read More>>
China Evergrande Paying Up to 13.75% for $1.8B in Bonds and More Asia Real Estate Headlines
Just one week after China Evergrande was reported to be shopping its most valuable offshore asset in return for a loan, the mainland’s most debt-happy developer has just sold $1.8 billion in bonds at interest rates of up to 13.75… Read More>>
Hong Kong Home Prices Fall for the First Time in 29 Months
Hong Kong’s private home prices marked their first decline in 29 months only days after Hong Kong banks announced hikes in raising their benchmark lending rates for the first time in more than a decade. The city’s notoriously high home… Read More>>
Thailand’s Central Group Hopes for $1B Retail IPO and More Asia Real Estate Headlines
Department stores are closing down faster than popsicle stands in November in most parts of the world, but Thailand’s largest retailer makes news today with news of plans to use its collection of department stores to anchor a hoped for… Read More>>
Home Prices Paced the World with 15% Rise in Q1 and More Hong Kong Real Estate Headlines
Leading today’s Hong Kong real estate news, home prices in the city rose 15 percent in the last quarter year-on-year, the fastest in the world, according to Knight Frank. The real estate firm tracking 57 markets found out that Hong Kong… Read More>>