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>>
Hongkong Land Exits Singapore Office JV and More Asia Real Estate Headlines
At the top of today’s news, Malaysia’s IOI Properties is poised to go it alone on a prime office project in Singapore’s Marina Bay, after HongKong Land apparently passed on it opportunity to share the prime commercial site. And the… Read More>>
China Home Prices Rise in 57 of 70 Cities After First-Tier Markets Frozen
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>>
Blackstone, Gaw, KKR Shortlisted for $2B Link REIT Portfolio and More Asia Real Estate Headlines
Leading the news today, Hong Kong’s own Gaw Capital is said to be slugging it out with some of the world’s biggest investors as Link REIT puts a $2 billion set of assets on the market, while up on the… Read More>>
HNA Buys Out 90% of SG Logistics Platform and More Asia Real Estate Headlines
China’s HNA may not be completely dead in the water as the mainland conglomerate’s buyout of a Singapore logistics company looks set for completion. Also in the news today, banning construction is the latest step in the battle against foul… Read More>>
China Home Price Growth Frozen in August as Curbs Take Effect
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.
Sachin Doshi Closes Nearly $60M for Co-Living Platform and More Asia Real Estate Headlines
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>>
China Home Prices Support Govt Stability Drive With a Motionless May
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>>
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>>
Listings Portal Juwai Lands Deal with Warren Buffett and More Asia Real Estate Headlines
At the top of the news today, America’s best known investor doesn’t seem too worried about the long-term effects of China’s capital controls, and the country’s developers also ramped up their bets on the domestic property market at the end… Read More>>