The top real estate stories in the region are all about home sales today, as a major league mainland developer declares a 56 percent jump in new contracts, and housing prices in Hong Kong hit another record high. Meanwhile in… Read More>>
Shanghai Home Sales Cut in Half in 2017 as Govt Seeks Good News on Affordability
After home prices jumped by as much as 76 percent in China’s first tier cities from the beginning of 2015 through the end of last year, the country’s leadership came into 2017 determined to stop speculation and cool down the… Read More>>
China Life Hunts for Overseas Assets and More Asia Real Estate Headlines
Leading today’s news, China’s largest insurer has some big plans for overseas acquisitions, while one of the country’s biggest developers is still working on not becoming an acquisition. Also in the headlines, Kaisa is back from the dead zone and… Read More>>
GIC Leads Race to Buy Stake in Indian Developer and More Asia Real Estate Headlines
Singapore’s sovereign wealth fund is said to be leading the race to buy a 40 percent stake in an Indian commercial developer for around $1.8 billion, while elsewhere in the headlines Dalian Wanda returns to its hometown in China’s frozen… Read More>>
Citic and Carlyle Close in on $3B Deal for China McDonald’s and More Asia Real Estate Headlines
McDonald’s may not get a break today, but the fast food giant appears close to selling off its China stores to a consortium led by Carlyle and Citic according to news reports that value the transaction at u to $3… Read More>>
CPPIB Invests $375M In CapitaLand’s Latest China Property Fund And More Asia Real Estate Headlines
In the news on this day, Canada’s largest pension fund is putting more money in China after agreeing to invest in CapitaLand’s $1.5 billion Raffles City China Investment Partners III fund. Also of note, Anbang sees another US hotel deal… Read More>>
Shanghai Cops Blame Policy Panic on WeChat-Enabled Broker and More Asia Real Estate Headlines
Today’s real estate headlines include Shanghai’s black clad sleuths tracking a recent real estate panic to a single broker and her WeChat account, slower home sales elsewhere on the mainland, and a return to land enthusiasm in Singapore, where a… Read More>>
Fear of Down Payment Hike Drives 93% Jump in Shanghai Home Sales
The amount of new housing sold in Shanghai jumped 93 percent last week as fears of a jump in down payments drove home sales to more than 5000 units in one of China’s most expensive real estate markets. The number… Read More>>
Shanghai, Shenzhen Home Sales Slide and More China Real Estate Headlines
Home sales fell sharply in two of China’s hottest property markets after local governments hiked downpayment rates, but not after the surge in the housing sector appears to have helped boost retail activity. Meanwhile, seemingly not content to with being… Read More>>
Shanghai Housing Sales Rise 78% in One Week and More China Real Estate Headlines 2016-03-08
China’s recent moves to lower interest rates and cut taxes on home sales have been aimed at reviving the real estate market in lower tier cities, but mostly appear to be pumping up a housing bubble in Shanghai and Shenzhen…. Read More>>