|Mainland prices drop as cooling measures bite |
Non-stop policy measures aimed at curbing demand and price growth in the mainland property market have finally forced developers to cut asking prices at new residential projects...
|American nightmare is an investor's dream |
New York is a city where fortunes are made and lost - and not only on Wall Street. After Lehman Brothers crashed, the number of "short sales" - in which a home sells for less than the amount owned on a mortgage - rose alarmingly...
|America learns that small homes can be beautiful, too |
Just look at the Katrina Cottage, originally designed by architects Andres Duany and Marianne Cusato as a dignified alternative to the US Federal Emergency Management Administration (FEMA) trailer for flood-ravaged New Orleans...
|Credit Suisse warns of 'value trap' for developers in second-tier cities |
The conventional wisdom that developers are smart to build in second-tier mainland cities is wrong because many of these areas suffer from oversupply and low development margins, according to Credit Suisse.
|Cities, property developers poised to build on speedy links |
The ambitious high-speed rail rollout on the mainland promises to be a boon for property developers, CB Richard Ellis executive director Andrew Ness says.
|China Vanke to invest in housing for elderly |
China Vanke, the mainland's largest developer by market value, said it planned to invest in housing developments for the elderly in light of the country's ageing population.
|Walter Kwok-invested fund buys site in Nanjing for model city |
A US$10 billion real estate fund set up by Shimao Group, Taiwan's Farglory Group and former Sun Hung Kai Properties chairman Walter Kwok Ping-sheung, has bought a huge site in Nanjing for 4.472 billion yuan (HK$5.3 billion).
|New residency rules could lure rich buyers, pushing up prices |
Luxury homes in London may become more expensive if plans to relax residency rules for rich foreigners become law.
|Quake adds to New Zealand's woes |
New Zealand house prices recovered in February from the previous month, but were still down on a year ago as the weak economy and a devastating earthquake in the country's second-biggest city weighed on the market.