Central banking leads this week’s collection of personnel moves from around Asia, with Hong Kong renewing the head of its monetary authority for a fresh term. Also making the list is fresh China leadership for Singapore’s Mapletree and a new… Read More>>
WeWork Plans Bankruptcy Filing Next Week and More Asia Real Estate Headlines
The ongoing financial struggles of shared office provider WeWork lead today’s collection of real estate headlines from around the region, with the company said to be planning a formal bankruptcy filing as early as next week. Also in the news,… Read More>>
Hong Kong Eases Down-Payment Rules to Rouse Sleepy Housing Market
Hong Kong’s central bank late Friday eased down-payment requirements for some home purchases, aiming to reboot the weak housing market after a prior relaxation of stress-testing rules failed to foster a sustained turnaround.
For residential properties for self-occupation, the new… Read More>>
Kwun Tong Plot Pulled After Receiving Single Bid and More Asia Real Estate Headlines
Leading today’s roundup of regional news headlines, Hong Kong records its second land-sale flop of the year after a Kowloon East redevelopment site attracts a lone bid.
URA Withdraws Kwun Tong Land Sale That Drew Only One… Read More>>
CK Asset to Redevelop Hung Hom Hotel as Offices and More Hong Kong Real Estate Headlines
Leading today’s Hong Kong real estate news, Li Ka-shing’s CK Asset applied to turn its hotel in Hung Hom to two office buildings, in order to capitalise on the growing demand for offices in the area. Also in the headlines,… Read More>>
HNA Seeks to Borrow $2B From Developers and More Hong Kong Real Estate Headlines
Leading today’s Hong Kong real estate news, cash-strapped HNA is said to be in talks with developers including Sun Hung Kai Properties for a loan of up to $2 billion. Also in the headlines, banks’ loans to property developers rose… Read More>>
Asia Real Estate People in the News 2017-08-14
Leading off this week’s list of real estate professionals finding something new to do is a former private equity ace who decided to join the public sector after more than a decade buying and selling buildings. Also on the move… Read More>>
Developer Evergrande Says Half-Year Profit May Triple and More Asia Real Estate Headlines
China’s biggest developer by home sales leads the news today with a prediction of a 300 percent increase in profit during the first half of 2017. Also in the headlines, the Hong Kong Monetary Authority may be getting uneasy about… Read More>>
Is Hong Kong’s Housing Market Set for a Plunge?
In Hong Kong, even micro-apartments just big enough to fit a car cost many times what the typical household earns each year. But there are signs that the world’s most unaffordable housing market may be reaching its limits, as a… Read More>>
Property Stocks Lead Singapore Market in 2017 and More Asia Real Estate Headlines
With China’s residential market going into a centrally ordered deep freeze, there are signs that Singapore may be an unexpected beneficiary, as news headlines this week carry stories of rebound in developer stocks and growing demand for housing sites. Also… Read More>>