Continuous interest rate cuts and support policies are gradually proving effective, helping ease difficulties facing the real estate market, experts have said.
China Isn’t Japan in the 1990s. This Meltdown Is Different.
The recent spate of dismal economic data out of China has raised the question of whether the world’s second-biggest economy will have a meltdown like the one in Japan in the 1990s. Right now, China …
Factors that NRIs should take into account while selling property in India
While purchasing property in India is an attractive proposition and a common investment option among the Indian diaspora, selling these assets isn’t always straightforward. It calls for heightened …
China’s property market is too big to fail, but will Beijing save it?
Pressure is mounting on financial authorities to intervene to shore up China’s gargantuan property market, but so far they’ve shied away from bold action.
Open House: Hong Kong Sea View Mansion Eyes Ambitious $281 Million Sale
This story is the first of Bloomberg’s Open House series, featuring some of Hong Kong’s most interesting homes.A developer is seeking to sell a huge mansion in Hong Kong for HK$2.2 billion …
Hong Kong seaview mansion eyes ambitious $382 million sale
HONG KONG – A developer is seeking to sell a huge mansion in Hong Kong for HK$2.2 billion (S$382 million), a price that would that make the property among the city’s most expensive transactions, at a …
Hong Kong stocks set for worst weekly sell-off since June as debt defaults, yuan slide trouble investors
Hong Kong stocks fell, adding to the biggest weekly decline in two months, amid concerns about spreading debt defaults in China’s property industry and shadow banking fallout. Investors also trimmed …
China’s property giant Evergrande files for bankruptcy protection in Manhattan court
The world’s most indebted property developer defaulted in 2021 and announced an offshore debt restructuring program in March.
Questions raised over financial appeal of Hong Kong arts hub’s land use proposal amid weak property market
A proposal by the cash-strapped operator of Hong Kong’s main arts hub to boost its income from development tenders by allowing homes to be sold has sparked questions over the plan’s financial …
Qatari royal mulls sale of luxury Knightsbridge homes for £370 Million
A Qatari sheikh, whose son is fronting a bid for Manchester United Football Club, is mulling the sale of two luxury houses in London’s most exclusive districts with a combined asking price of £370 …