In today’s real estate headlines even one of Hong Kong’s most established property tycoons is feeling the pressure as the city’s land prices soar at the same time that home prices slide. Meanwhile, the city’s biggest developer denies reports it… Read More>>
Wanda Breaks Ground on 95-Story Chicago Tower and More Asia Real Estate Headlines
Leading today’s Asia real estate news is a deal in Chicago, as China’s richest man gets started on that city’s third tallest building, while back in the old world top-five mainland developer Country Garden goes after another megaproject in a… Read More>>
Asia Real Estate People in the News 2016-08-22
Our last week in August finds still more Asia real estate folks landing in new roles, and even some people outside of Asia. Gaw Capital could be on the lookout for a new head of its US operations, if any… Read More>>
China Home Price Recovery Slows as Restrictions Bite and More Asia Real Estate Headlines
China’s latest round of market data has been released, showing average home prices grew in fewer cities in July after housing sales restrictions were adopted in more cities. Also in the news, Evergrande continues its pursuit of a larger stake… Read More>>
HK Developers Offering 120% Mortgages as Sales Slump
Hong Kong developers are offering mortgages up to 120 percent of the value of a property with attractive borrowing rates in a bid to boost sales, though some including the Hong Kong Monetary Authority (HKMA) believe this scheme will keep… Read More>>
Wharf Says HK Retail Ready to Rebound and More Asia Real Estate Headlines
Luxury sales in Hong Kong are still sliding, but Wharf Holdings, one of the city’s biggest retail landlords sees light at the end of the tunnel. Slightly further north, the rulers of Beijing are counting on moving 15 percent of… Read More>>
Can a Sun Hung Kai Mega-Project Bring a Renaissance to Shanghai’s Xujiahui?
Xujiahui, a commercial hub in downtown Shanghai that has lost its luster since the 1990s, could win back some of its shine as the local government renovates aging retail centres and Hong Kong developer Sun Hung Kai brings its biggest… Read More>>
Asia Real Estate People in the News 2016-06-27
This week Asia’s crew of real estate industry professionals features a mainland hospitality veteran taking a C-suite role with Accor, one of Hong Kong’s biggest developers finding new leadership for its asset management division in Shanghai and a familiar broker-face… 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>>
HK Tries Out 5% Down, No Proof Mortgages and More Greater China Real Estate Headlines
Hong Kong developers are borrowing a page from the US subprime crisis by boldly offering 95 percent mortgages without proof of income in answer to a falling housing market. One of the city’s biggest developers seems unfazed, however, with six… Read More>>
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