President Anura Kumara Dissanayake met with senior representatives of Vietnam’s ROX Group at the Presidential Secretariat this afternoon (12) …
Ascott signs a hotel management deal for a flagship property in Johor, Malaysia
Ascott signs a landmark deal with Coronade Properties to manage its flagship Johor Bahru hotel in the Johor-Singapore Special Economic Zone.
Saudi Arabia Rolls Out Measures to Spur Property Use
Saudi Arabia on Sunday began enforcing an updated version of its “white land” tax, under directives from Prince Mohammed bin Salman, Crown Prince and Prime Minister, aiming to push landowners to …
Defence minister vows to expose property buyers
Defence Minister Khawaja Asif stated that Pakistan’s bureaucracy has faced no accountability in the past 78 years and questioned whether anyone has ever examined how many plots officials own. He …
Evergrande Stock to Delist in China Property Crisis Milestone
China Evergrande Group said its Hong Kong stock will be delisted, marking the end of an era for the former high-flying developer whose demise came to symbolize the country’s property bust.
HSBC flags 73% of Hong Kong commercial property loans as risky
The jump means that 73 per cent of HSBC’s Hong Kong commercial real estate loans are either impaired or marked as having increased credit risk, up from less than 30 per cent a year ago. HSBC put aside …
Hong Kong Home Rents Inch Toward Record High on Chinese Demand
Hong Kong’s rental housing market is expected to hit a record high by October, fueled by a wave of Chinese students and professionals moving to the city.
Govt urged to ease property tax, investment rules
The head of an association representing real estate developers in Hong Kong on Tuesday called on the government to cut property taxes and ease …
China News Live: Cathay Pacific offers voluntary unpaid leave to cabin crew amid modest profit forecasts
Welcome to our live blog tracking the latest news and developments from China. Stay updated with real-time insights into the country’s economy, politics, civic issues, and security situation.
Property crisis continues! China South City ordered to liquidate by Hong Kong court; biggest since Evergrande
China South City, a major Chinese construction firm, faces liquidation following a Hong Kong High Court order, mirroring the Evergrande situation and highlighting the ongoing property sector crisis.