“It’s not foreign investors who drive the Chinese market. It’s the Chinese investors,” Mark Mobius told Bloomberg TV.
With Hong Kong’s property market reeling from falling deals and prices, an uptick in rates will dampen mood further, analysts say
The prospect of higher interest rates is expected to continue to depress Hong Kong’s secondary housing market until next year, analysts say, pointing to the falling transaction volumes and prices.
Hong Kong stocks extend gains with Beijing seen injecting more liquidity, reviving property sales
Hong Kong stocks extended gains, sending the benchmark gauge to a one-month high with investors confident that China will ramp up stimulus measures to bolster growth after a series of dismal economic …
S’pore property agent’s flyer made to look like parking ticket, left on vehicle, called out for being gimmicky
A flyer by a real estate agent in Singapore, which was made to look like a parking ticket, has been slammed for being gimmicky and irresponsible. This was after the flyer was placed on the windscreen …
Prime Group launches 43 By The Sea on Marine Drive
Colombo’s newest most sought-after address is here, with the opening of 43 By The Sea, Marine Drive. More than an average city apartment, this is Prime Group’s most recent venture into curating luxury …
GEN Malaysia shareholders nod US$1.2bln sale of Miami land
The casino investor is to sell Resorts World Miami LLC for a total cash consideration of just below US$1.23 billion. The suitor is Smart Miami City LLC, a unit of real estate developer Terra Group …
Experts pin high hope on FDI injected into industrial property market
Although the real estate sector has suffered a fall in foreign direct investment (FDI) attraction, experts are still optimistic about its prospects of the sector, especially the industrial segment …
Flats, houses to be costlier
Flats and houses will become expensive as the government has increased the duties on basic construction materials such as cement, steel and tiles in the proposed budget, said a top executive of a real …
Why India will replace China as the world’s growth engine this decade
Sonal Varma, managing director, chief economist-India and Asia ex-Japan, Nomura says that with China facing economic headwinds, India and Southeast Asia are likely to attract investors with an …
On defence, America and India edge closer together
A pressing concern for both America and India is China’s growing assertiveness in what American strategists call “the Indo-Pacific”. China’s growing navy is more active in the Indian Ocean and its …