Keppel Land and Wing Tai Land have teamed up to place the top bid of S$446.3 million ($327 million) on a prime residential site in the Serangoon Garden neighbourhood of Singapore, where the developers intend to build over 600 homes.
Henderson Land Teams Up with Shanghai’s CIFI for $662M in Suzhou Projects
The garden city of Suzhou is now only twenty-five minutes from Shanghai by high speed rail, and one of Hong Kong’s biggest developers, along with its mainland partner, may be hoping that the Chinese commercial centre’s sky high real estate… Read More>>
Henderson Buys Kowloon’s Hoi Hing Apartment Project for $217M
Henderson Land Development bought the remaining stake in a 53-year-old Kowloon apartment block that it did not already own for the reserve price of HK$1.698 billion ($216.6 million) this week, with plans to redevelop the decrepit building into a new… Read More>>
KWG and Longfor Win Kai Tak Site With HK$7.3B Bid
Developers KWG Property Holdings and Longfor Properties have become the latest mainland home builders to buy into Hong Kong’s Kai Tak area after a HK$7.3 billion ($938 million) joint bid by the two developers won a residential site in the… Read More>>
Blackstone Dangles $2.3B in Japan Residential in Front of a Hungry Anbang
Some buyers search far and wide looking for the best deal while others simply find a business they like and commit to them for years regardless of if there are bargains to be had elsewhere. It’s safe to say Anbang… Read More>>
China Housing Slide Slowed in November As Policy Changes Gain Traction
China’s government appears to be successfully putting the brakes on its sliding housing market as the rate of decrease in home prices slackened for the third straight month in November.
However, while the skid is slowing, moves to loosen home… Read More>>
China Housing Prices Fall in 55 Out of 70 Cities
China’s housing market is now sliding nationwide, as government statistics released on Friday show falling home prices have spread to 55 of 70 cities surveyed. The drop in housing sales and average prices comes as developers struggle with a glut… Read More>>
Jinan Lifts Home Purchase Restrictions Amid Housing Glut
The capital of eastern China’s Shandong province will now allow potential buyers to purchase as many homes as they would like, regardless of whether or not they are residents.
The move by the city of Jinan was confirmed by officials… Read More>>
Shanghai Home Sales Slid 36.5% in June
Sales of new housing in Shanghai dropped 36.5 percent in June compared to the same month last year, as China’s commercial capital continues to be hit by a housing slump.
Although a survey released one week ago by China Index… Read More>>
London Luxury Home Broker Helping Chinese Buy with Bitcoin
A real estate agent in London’s red hot housing market hopes to sell more homes to Chinese buyers by handling transactions in the Bitcoin virtual currency.
According to a report in the South China Morning Post, fledgling UK home brokerage… Read More>>