Demand for homes is slipping in mainland China and state-owned China Jinmao Holdings seems to be finding out how low prices can go as the developer has begun selling homes at a project in Xiamen for less than the price… Read More>>
This is the week that China issues its latest batch of monthly data on the real estate sector, as tighter policy enforcement in the country’s major cities leads to fewer home sales and less investment, while prices rise in smaller… Read More>>
Average prices for new homes in China rose 1.2 percent in July, defying government efforts to ensure housing affordability and to clamp down on property speculation. It was the largest month-over-month increase in two years, as 67 out of 70… Read More>>
Mainland authorities have clamped down on credit, punished fake divorcees and chased down naughty brokers in their campaign to stamp out housing inflation, but home prices just rose by their fastest pace in twenty months. While homebuyers still want condos,… Read More>>
Leading today’s roundup, Google is ramping up its retail investments in China as it aims to counter internet behemoth Alibaba, by ploughing over half a billion dollars into e-commerce titan JD.com. Also in the headlines, China’s home prices and property… Read More>>
The number of mainland cities seeing new home prices rise dropped to 44 in February from 50 the previous month, according to the latest figures from China’s National Bureau of Statistics, as demand suppression measures decreed by the government continued… Read More>>
Home prices are rising across China, but smaller cities are getting most of the action, the latest official data shows.
New home prices, excluding government-subsidized housing, rose in 57 out of 70 cities nationwide in December, according to figures from… Read More>>
Singapore’s real estate rebound continues to generate headlines today as Oxley joins the Raffles Place elite with a formal agreement to buy out Chevron House. Mainland housing also grabs attention with $3 billion in new securities backed by the future… Read More>>
Growth in prices of new homes in China’s major cities nearly ground to a standstill in August, slowing still further from July, according to official data released on Monday, as demand suppression measures continue to lock down the housing market.
Co-working, co-living, co-biking and other hits of the sharing economy continue to lead the headlines today as a former pension fund executive raises $60 million to invest in shared living spaces. Also in the news, The Economist decides Singapore is… Read More>>