In today’s roundup of regional news headlines, China’s new home prices post a rare decline amid a growing boycott crisis, banking giant HSBC continues to push back against break-up pressure, and Hong Kong lender Hang Seng reports a profit plunge… Read More>>
China Setting Up $44B Developer Bailout Fund and More Asia Real Estate Headlines
In today’s roundup of regional news headlines, Chinese officials reportedly prepare a rescue fund for debt-stricken mainland developers, a Singapore residential project nearly sells out on its first day of launch, and more Hong Kong homeowners are dumping properties at… Read More>>
US Court Approves Bankruptcy of Singapore’s EHT and More Asia Real Estate Headlines
Singapore’s Eagle Hospitality Trust leads the day’s headlines again, as a US court ruling promises to bring closure, if not cash, to investors in the defaulted hotel REIT.
Also in debt news today, China Evergrande is trying… Read More>>
China’s Central Bank, MOHURD Target Indebted Developers
After loosening the financial reins to boost an economy pummelled by the Covid-19 crisis in February this year, the Chinese government appears to be rolling out new measures to clamp down on flows of capital into the country’s now surging… Read More>>
China’s PBOC Sets Minimum Mortgage Rates in Latest Bid to Control Housing Prices
The People’s Bank of China has unveiled a new minimum interest rate system for home loans according to an announcement on the central bank’s official WeChat social media account, as the mainland government continues to clamp down on the housing… Read More>>
China Real Estate Loan Growth Slowed to 20% in 2018 as PBOC Clamps Down on Credit
China’s government reduced growth in real estate loans in to 20 percent in 2018 compared to the previous year, as regulators attempt to stave off a potential property bubble by cracking down on illicit lending and vowing to push funding… Read More>>
Singapore Said to Halt $446M En Bloc Sale and More Asia Real Estate Headlines
Leading today’s roundup of news from around the region, Singapore has reportedly pumped the brakes on a collective sale for the first time this year, as the disposal of a 210-unit housing development in the city-state’s West Region has been… Read More>>
Country Garden, Hopson Ditch $3.6B in Bond Sales and More Asia Real Estate Headlines
Leading today’s roundup, China’s top developer by sales, along with a mid-league peer, have hit a wall in their attempts to issue yuan-denominated corporate bonds, as mainland authorities continue to clamp down on leverage in the property sector. Meanwhile, a… Read More>>
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 Eases Capital Controls – But Not Very Much
In recent months China’s richest man lost out on a $1 billion Hollywood acquisition and hundreds of middle-class Chinese homebuyers have found themselves unable to make payments on homes in Malaysia and Melbourne. These financial mishaps were triggered at least… Read More>>