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Private Shanghai Developer Braves Pandemic to Pay RMB 6B for Jing An Site

2020/04/23 by James Hatton Leave a Comment

A little-known mainland developer has braved the economic uncertainty caused by the COVID-19 pandemic to buy a commercial site in central Shanghai’s Jing An district for RMB 6 billion ($850 million), according to a government announcement.

Lanhai Holdings Group, which… Read More>>

Chester Zhang

RMB 32B Shanghai Riverside Site Expected to Draw Consortium Bids

2020/01/02 by Mingtiandi Staff Leave a Comment

A mixed-use site in Shanghai’s Xuhui district has been offered for sale with an estimated price tag of more than RMB 30 billion ($4.3 billion), as the municipal government strives to build a 1.8 million square metre (19.4 million… Read More>>

Shenzhen Takes in RMB 22.4B From Biggest Day of Land Sales Ever

2019/06/25 by Jan Kot Leave a Comment

Shenzhen auctioned off five residential land parcels to a pack of 80 project-hungry developers on Monday, bringing in a total of RMB 22.4 billion ($3.2 billion) for southern China’s top tech hub.

The city’s first residential land sale of 2019… Read More>>

Robert Kuok

Kerry-Allgreen JV Pays S$700M for Rights to SG Resi-Retail Project

2019/03/26 by James Hatton Leave a Comment

A pair of developers owned by Malaysian tycoon Robert Kuok have secured a prime mixed-use site in Singapore for S$700 million ($518 million), according to Singapore’s Housing and Development Board.

In the final round of a two phase tender, the… Read More>>

nanjing auction

Nanjing Land Sale Falls Flat as Plot Prices Plummet 36% Since 2016

2018/12/22 by Emma Zhou 1 Comment

China’s second-tier cities may be in for a round of land price corrections in 2019, judging by a recent tepid land auction in Nanjing.

At an auction of six plots in the city of over eight million people this past… Read More>>

HNA Hainan Airlines

Defaulting HNA Unit Offers Investors Air Tickets and More Asia Real Estate Headlines

2018/11/15 by Michael Cole Leave a Comment

Investors in a finance unit of China’s troubled HNA may be hoping that the company manages its planes better than it has their money, after the defaulting finance provider began offering them airplane tickets in lieu of principal and interest…. Read More>>

Shenzhen Bay Super Headquarters

Shenzhen Tech Hub Plans RMB 3.6B Land Sale

2018/11/04 by Emma Zhou Leave a Comment

The Shenzhen government late last month posted a public notice of its plans to sell a 181,000 square metre (1,948,267 square foot) site in the southern part of the city’s Nanshan district, that is expected to bring the local government… Read More>>

China Railway Construction boss Chen Fengjian

China Railway Construction Stars as Beijing Sells Trio of Sites for RMB 7.9B

2018/10/23 by Jan Kot Leave a Comment

Restrictions on China’s real estate market have not completely snuffed out developer demand for new sites, as Beijing last week successfully sold a trio of suburban land plots, fattening the city’s coffers by a total of RMB 7.95 billion ($114.72… Read More>>

mansfield road copy

Government Auction of Site at Hong Kong’s Peak Could Bring $4.1B Bid

2018/09/16 by Emma Zhou Leave a Comment

Hong Kong’s real estate market has been going vertical for more than two years, and a government auction for a site in the city’s loftiest residential area is expected to stoke competition among developers from across greater China hoping to… Read More>>

SIP Shanghai

RMB 7.1B Hongkou Site Leads Set of Four Upcoming Shanghai Land Tenders

2018/06/30 by Shawna Kwan 2 Comments

Shanghai put four commercial and residential land parcels up for tender this past week, making available new sites valued at a combined RMB 13.7 billion ($2 billion), across three districts of the municipality. The projects are expected to yield at… Read More>>

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