Asia Pacific real estate investment news and information
A Shenzhen-based real estate developer announced on Wednesday that it was not about to collapse, despite being beseiged by unhappy customers after failing to deliver homes which buyers had already paid for.
Shenzhen Guang Group Real Estate, which is said… 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>>
Qianhai is Shenzhen’s answer to Shanghai’s Free Trade Zone, and investor enthusiasm for the special economic zone is already paying dividends for China Vanke.
According to a recent story in the South China Morning Post, a new 60,000 square metre… Read More>>
Listening to downloaded music has been around for decades, but now – thanks to a Guangdong-based architecture firm – you can see the music that you’re downloading. (But only if you’re walking past the headquarters of the right online music company… Read More>>
When it opened last year, Terminal Three at Shenzhen’s Bao’An International Airport was hailed as a milestone in China’s improving design universe, with a ground-breaking honeycomb skin that filled the structure with natural light.
Unfortunately, while the design may have… Read More>>
China’s residential real estate market continued to slow in March as price increases slackened and the number of sales fell in many cities across the country. The market also reported more cases of developers discounting homes to reduce inventories, even… Read More>>
China saw its second commercial bond default within a month on Friday when a Jiangsu construction company failed to make an interest payment on a RMB 180 million (US$29 million) bond, and the country’s financial markets reacted by climbing during… 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.
While the growth of tech firms in the US has led to university-sized suburban campuses such as Apple’s headquarters in Cupertino, California and the Googleplex in Mountain View, China’s more crowded conditions and urban lifestyle is leading its Internet firms… Read More>>
Only two days after China’s government announced a new free trade zone in Guangdong province, a US real estate developer paid a record RMB 13.4 billion (US$2.21 billion) for a site in Shenzhen.
The land acquisition by Silverstein Properties, which… Read More>>
