Fewer Chinese cities saw housing price gains in May compared to the previous month as official measures to smooth out a bubbly residential market have begun to take effect. According to figures released by China’s National Bureau of Statistics (NBS)… Read More>>
Mainland Bidders Pass on HK’s Priciest Site and More Asia Real Estate Headlines
Leading today’s headlines, a car park on Murray Road is expected to bring bids as high as HK$22 billion, but failed to bring interest from many of China’s biggest developers. Meanwhile up in Beijing, Malaysia’s prime minister works hard to… Read More>>
Asia’s Richest Woman Gets Ready for New York IPO and More Asia Real Estate Headlines
Leading today’s news, Asia’s richest woman could get wealthier still, thanks to an upcoming $200 million New York IPO for developer Country Garden’s education affiliate. Also in the headlines, a site along Hong Kong’s West rail line draw 35 expressions… Read More>>
Land Sales Jumped 50% in China’s Largest Cities During Q1
With China home prices at record levels in many of the country’s largest cities, residential land supply in first-tier cities in China – such as Beijing, Shanghai and Guangzhou – increased by over 50 percent from the same period a… Read More>>
China Real Estate Investment Climbs 9.1% as Confidence Grows
“Housing is for housing, not speculation,” said Premier Li Keqiang at the National People’s Congress, but enthusiasm for investing in Chinese property continues unabated. Data from the National Bureau of Statistics showed total investment in real estate development in the first… Read More>>
Home Price Increases Spread to 54 of China’s Top 70 Cities in Feb as More Markets Locked Down
China’s home prices in February grew at a flat pace, jumping 12.4 percent from a year ago but just 0.4 on the previous month according to the National Bureau of Statistics; despite these new figures, 18 cities throughout China have now… Read More>>
Home Price Growth Slows in Shanghai, Shenzhen and More Asia Real Estate Headlines
Today’s headlines feature a lot of persistence. Property developers in Beijing were not deterred by new rules for land auctions finding a way to easily circumvent them while Evergrande continues to be persistent in its efforts to buy shares in… Read More>>
China’s Housing Statistics Join the Struggle Against the Bubble
For the first time ever, the National Bureau of Statistics released data mid-month as the keeper of China’s economic figures painted a picture of cooling home prices in its survey of average housing markets in 70 leading cities across the… Read More>>
Shanghai Home Prices Now Up 31% in 12 Months as Housing Fever Rages
Home prices in Shanghai, including government subsidized housing, rose by 4.4 percent last month, according to figures released by the National Bureau of Statistics. Prices in the city have risen 31.2 percent in the past 12 months as the government’s stimulus… Read More>>
GLP Acquires $1.1B US Warehouse Portfolio and More Asia Real Estate Headlines
Leading the headlines today, Asia’s biggest logistics developer just spread its footprint a bit wider with the $1.1 billion acquisition of a US warehouse portfolio, while one of Hong Kong’s biggest developers may get a bit smaller if its new… Read More>>
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