Asia real estate and outbound investment news
A study on real estate investment prospects released this week compared 300 cities worldwide for basic factors driving commercial property value growth, and ranked Shanghai fourth, behind only San Francisco, London, and Dubai.
The Global 300 Cities report by property… Read More>>
The developer of a high-end Shanghai property project last week announced a nearly 30 percent discount on homes in the face of disappointing sales. The price cut comes as the latest sign of weakness in a real estate market which… Read More>>
In a shift with major implications for Shanghai’s manufacturing sector and for the prospects of logistics developers, the government of China’s commercial capital is readying sweeping changes in industrial land use rights, that include cutting back land use terms to… Read More>>
With more than 23 million people, Shanghai is the world’s biggest city, and those of us who have been here for a bit know that it has grown quickly in recent years. Now you can watch the city’s growth from… Read More>>
The ranks of Chinese with assets of more than $30 million (excluding their primary homes) will grow by 80 percent in the next decade, making China 13th among all countries and regions in terms of multi-millionaires, according to a report… Read More>>
Hong Kong is the world’s most expensive city for companies to locate employees, with mainland competitor Shanghai coming tenth, according to a recent survey by real estate consultancy Savills.
However, a separate poll published today by the Economist rates Singapore… Read More>>
Beijing-based real estate company Soho China announced on Friday that it is selling two commercial projects in Shanghai for RMB 5.23 billion ($851 million). The sale price is well below what the developer asked for, as the market for commercial… Read More>>
After months of record gains in home prices, China’s real estate market showed signs of cooling down this week when official statistics revealed price growth of less than one percent in the country’s first-tier cities. The weakness in property prices… Read More>>
Office rents in Beijing’s central business district held steady in 2013, but even holding your own can make you stand out sometimes, as China’s capital became the world’s fourth most expensive place to rent an office.
According to the Office… Read More>>
Sales of commercial property dropped by as much as 72 percent in 43 of 90 cities across China last month, according to a report released by a division of real estate agency e-House.
The report published this week by CRIC, the real estate information division of e-House finds that Beijing recorded only 6094 commercial real estate transactions during January, and in terms of area, only 744,300 square meters were sold.
