London’s office market is falling down and the decline in UK commercial assets could mean a big loss for a Korean venture, with that story leading today’s roundup of Asia real estate headlines. Also in the news, Singapore’s red hot… Read More>>
Economist Says China to Fix Housing Missteps and More Asia Real Estate Headlines
In today’s roundup of regional news headlines, a leading Chinese economist says the government will act to correct past policies and halt the property market slump, and Singaporean developer Ho Bee Land warns of a significant profit drop.
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Singapore Said to Halt $446M En Bloc Sale and More Asia Real Estate Headlines
Leading today’s roundup of news from around the region, Singapore has reportedly pumped the brakes on a collective sale for the first time this year, as the disposal of a 210-unit housing development in the city-state’s West Region has been… Read More>>
China’s State Council Puts Outbound Real Estate Deals on Endangered List
China’s State Council issued new rules on Friday spelling out restrictions on overseas investments by Chinese entities, which specifically target transactions involving real estate, hotels and other areas where mainland companies have become dominant cross-border players over the past five… Read More>>
China State Council Circular on Overseas Investment – Full Text
China’s State Council, the equivalent of the country’s cabinet, issued new rules on overseas investment on Friday, August 18th, which restrict investment in real estate, hotels and other sectors.
In the document, the top level central government body divides potential investment… Read More>>
Sun Hung Kai Offering 120% Mortgages in HK and More Greater China Real Estate Headlines
Developers are now loaning you extra money to buy a home in Hong Kong, while SOHO’s Zhang Xin says tech companies will drive office demand in Shanghai and Beijing. Read on for all these stories and more.
Sun Hung Kai… Read More>>
China Bans ‘Weird Architecture’ and Gated Communities
Xi Jinping has made the enforcement of party discipline and service to the state a hallmark of his administration, and now it appears that China’s supreme leader is even trying to bring the country’s buildings into line.
China’s state council,… Read More>>
China Property Prices Could Fall 10 Percent Says Soufun Chief
The head of China’s biggest real estate website is confident that China’s real estate market is not about to crash, but investors could be in for some tough times over the next 10-12 months.
Vincent Mo, who founded Soufun.com (recently… Read More>>
Will China’s New National Real Estate Registry Spur Capital Flight?
In the latest move to rein in property speculation, China’s State Council announced on Thursday that the government would complete a nationwide registry of real estate ownership by the end of 2014.
With many local governments already limiting purchases of… Read More>>
China Home Prices Go Up for 9th Month — Govt Cracks Down
While there is no end to the speculation about whether the Chinese government will relax curbs on the housing market, and which way prices will go, it is becoming increasingly clear that the central government is determined to keep increases… Read More>>