CIC Chief Resigns Ahead of Party Reshuffle
The head of China’s CIC, Ding Xuedong, has stepped down from his role at the $810 billion sovereign wealth fund, according to an account in mainland business website Caixin on Friday. Ding’s...
View ArticleNanjing Demolition Plan Leads to 160 Divorces in Two Days
The Guinness Book of World Records doesn’t have an entry for the world’s largest mass divorce, so a group of 320 villagers in Jiangbei township in the city of Nanjing may have just missed an...
View ArticleSingapore’s Infrastructure Helps it Earn Top Marks for Expats
Attention expats in Asia: Are you living in Singapore? Well, according to a recent report from Mercer, you should be. Taking into account education, infrastructure, transportation and other crucial...
View ArticleHome Price Increases Spread to 54 of China’s Top 70 Cities in Feb as More...
China’s home prices in February grew at a flat pace, jumping 12.4 percent from a year ago but just 0.4 on the previous month according to the National Bureau of Statistics; despite these new figures,...
View ArticleHong Kong’s Crazy Real Estate Costs Help It Top Another List
Hong Kong, home to the coffin apartment and the world’s highest office rents, ranks as the most expensive city in Asia to accommodate staff, and globally comes second only to New York for the cost of...
View ArticlePwC Takes a Shine to the Pearl River Delta in Chinese City Rankings
China now has more than 100 cities with a population of over one million people, making the process of choosing the best home for a business a major challenge. However, a new report co-authored by...
View ArticleBeijing Cracks Down on ‘Fake Divorces’ in Spate of New Housing Regulations
Beijing’s latest round of housing restrictions have closed the “fake divorce” loophole that allowed married couples to divorce in order to become first-time buyers. The new measure was among eight new...
View ArticleChina’s Economy at Increased Risk from a Property Downturn Says Moody’s
Moody’s Investors Service has concluded that China’s economy is at increased risk in the event of a property downturn, and that Chinese authorities are running out of options for mitigating the effects...
View ArticleChina Overtakes Singapore as Top Investor in Malaysia
China, accounting for 46 percent of total real estate investment in Malaysia over three years, has overtaken Singapore to become Malaysia’s number one investor, according to a new report from Cushman...
View ArticleChina Real Estate Investment Climbs 9.1% as Confidence Grows
“Housing is for housing, not speculation,” said Premier Li Keqiang at the National People’s Congress, but enthusiasm for investing in Chinese property continues unabated. Data from the National Bureau...
View ArticleLand Sales Jumped 50% in China’s Largest Cities During Q1
With China home prices at record levels in many of the country’s largest cities, residential land supply in first-tier cities in China – such as Beijing, Shanghai and Guangzhou – increased by over 50...
View ArticleChina Eases Capital Controls – But Not Very Much
China’s richest man lost out on a $1 billion Hollywood acquisition and hundreds of middle-class Chinese homebuyers found themselves unable to make payments on homes in Malaysia and Melbourne after the...
View ArticleXi’an Shuts Down 12 Vanke Projects After Accusing Top Developer of Illegal Sales
China’s government has made controlling its frothy real estate market a top priority in 2017, and authorities in Xi’an have taken this war on homebuying to a new level by shutting down sales of 12...
View ArticleAustralia Leads as APAC Funds Scored 10.6% Returns in 2016
Investors who chose unlisted real estate funds focusing on the Asia Pacific region had a good year in 2016, enjoying returns of 10.6 percent that outperformed competitors in the US and Europe,...
View ArticleShanghai Office Market to Reach 1.1M Sq Metres by 2020 Says JLL
Shanghai is set to be Asia Pacific’s largest office market within the next three years, surpassing Hong Kong, Tokyo and Sydney as the Chinese commercial hub’s service sector drives demand for grade A...
View ArticleHome Purchase Restrictions Rolled Out in More Mainland Cities in May
Local governments across the mainland continue to do their best to stamp out demand for housing this month as at least seven cities in northern, eastern and southern China introduced new regulations...
View ArticleChina Hits Developers With Sales Rules as Govt Takes Direct Control of Home...
Frustrated in its attempts to dampen demand for new housing among Chinese homebuyers, China’s chief housing regulator is aiming its regulatory might at real estate developers, as the government shows...
View ArticleChina Spends $16.5B on US Commercial Real Estate in 12 Months to Claim Top...
China surpassed Canada as the top investor in US commercial real estate in the 12 months ending March 31st – pouring over $16.5 billion into properties in the world’s largest economy, according to a...
View ArticleDodgy Brokers Become the Latest Target in China’s Battle for Housing...
It could be a lack of land, or it could be a failure to develop alternative investment opportunities, but it’s probably more satisfying to blame China’s ever-rising home prices on rascally real estate...
View ArticleChina’s Central Govt Takes Control of Land Supply to Smooth Out Housing Market
As China’s real estate market spiked in 2016, dozens of Chinese cities followed central government directives and announced local measures to tackle rapidly rising home prices. These local tightening...
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