New project launches by Hong Kong developers achieved their lowest initial sales rate in five years during the first half of 2023, with only 55 percent of the 7,600 homes completed during the period having found buyers on their first… Read More>>
Just three months after winning a Kowloon Tong residential site for HK$1.6 billion, Hong Kong-listed Lai Sun Development continues to focus on the city’s quickening luxury market, with its acquisition of a pair of adjacent properties in the Mid-Levels area… Read More>>
Local builder Lai Sun Development moved to expand its development pipeline this past week, in the midst of Hong Kong’s housing boom, as it topped 16 competing bids to win a residential site in Kowloon Tong for a price of… Read More>>
A property conglomerate chaired by the son of Hong Kong’s richest man, Li Ka-shing, has won a tender to develop the city’s first residential project combining private and government-subsidised homes.
The city’s Lands Department announced yesterday that it had awarded… Read More>>
During China’s golden week, buyers of Country Garden homes mobbed the company’s sales centres in several cities after the country’s largest developer by sales began offering discounts that made new homes cheaper than the price paid by earlier customers.
The… Read More>>
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>>
The city of Wenzhou in Zhejiang province has long been known as a centre for entrepreneurial zeal, but after nearly three years of sliding home prices it is becoming known for something else innovative in China – walking away from your… Read More>>
After some apparent second thoughts, the Chinese city of Hohhot has officially lifted some of the key restraints on home sales, as the Inner Mongolian capital struggles with a severe oversupply of housing.
According to a statement on Hohhot’s local… Read More>>