Property investment in China fell 10.6% in 2024, after tumbling 10.4% year-on-year in the first eleven months, National Bureau of Statistics data showed on Friday.
China’s 2024 crude steel output slips to five-year low on feeble property demand
China’s crude steel output in 2024 fell 1.7% from the prior year to a five-year low, official data showed on Friday, hit by a long-running property market crisis that has depressed demand. The world’s …
China’s new home prices stabilise with stimulus push
China’s new homes prices stopped falling in December for the first time in 18 months, official data showed on Friday, after the government rolled out multiple rounds of stimulus to lift the property …
China Property Investment Stays in Decline, Home Prices Show Slight Improvement — Update
The longer-than-expected property slump prompted Chinese leaders to take more aggressive measures to boost demand in the final quarter of 2024, including mortgage rate cuts, relaxed home purchase …
Macau Property Fund progresses with asset sales
LONDON – Macau Property Opportunities Fund Limited (LSE:MPO), a closed-end investment company focused on Macau real estate, has reported continued progress in its asset divestment strategy, according …
Taiwan to see eight major retail projects completed this year
The largest property will span over 36,000 pings. In a recent report, Savills revealed that rising construction costs have delayed large-scale retail projects in Taiwan, with only Mitsui Outlet Park …
Michael Jordan’s former Chicago Mansion Is Now a Timeshare
Score a real estate slam dunk by living like Michael Jordan at just $1 million a week. The NBA star’s sprawling Highland Park property, known as Champions Point, is becoming a timeshare, according to …
North Korea denounces US for sending aircraft over Korean peninsula, KCNA reports
North Korea denounced the United States for sending military aircraft over the Korean peninsula several times this month, as well as the U.S., Japan and South Korea for holding an air military …
In Bangladesh, demands rise for deeper British probe into properties linked to Hasina’s niece
Tulip Siddiq resigned as Britain’s anti-corruption minister after Bangladesh’s anti-graft agency said she was being probed for – corruption.
Lucknow Bench to hear on Friday case related to land declared enemy property
Lucknow, The Lucknow Bench of the Allahabad High Court will hear on Friday the case pertaining to a contentious piece of land declared as enemy property in Lucknow’s posh Gomtinagar area. The state …