News: china property investment

The most recent china property investment news from a variety of international property news sources.

Surging Prices in Chinese Real Estate Slowing

The Chinese government has been imposing residential real estate purchase restrictions in the country’s largest cities with hopes of dampening price inflation, and a slight drop in prices for July indicate it may be working. China’s expanding economy has been fueling a housing boom and prices…

Prices of new homes in China’s major cities up

Housing fair: Visitors attend the annual summer housing fair in Shanghai recently. Guangzhou and Shenzhen led price rises in July while prices in Shanghai saw an annual decline of 0.1%. – EPA BEIJING: Average new home prices in 100 major Chinese cities rose 0.2% in July from the previous month to 8,874 yuan (US$1,380) per [...]

Plugging the gaps in urban renewal

Urban renewal is necessary if cities are to thrive. When cities thrive, the country progresses. From Penang to Ipoh, Kuala Lumpur to Johor Baru, the major cities in Malaysia are heading towards urban renewal. It is not unique to Malaysia. Singapore’s most recent renewal programme is the Selective En bloc Redevelopment Scheme, or SERS (see [...]

HK billionaires told to move gates closer to their homes

HONG KONG: Hong Kong’s billionaires are finding it harder to buy peace and quiet these days. After years of turning a blind eye, the government this month issued regulations demanding tycoons move the imposing gates of their luxurious estates closer to home, and out of publicly-owned land such as that lining the roads in this [...]

Private Villas In The Exotic Dream Destination Phuket

The kingdom of Thailand lies in the heart of Southeast Asia, making it a natural gateway to Indochina, Myanmar and Southern China. Its shape and geography divide into four natural regions: the mountains and forests of the North; the vast … Continue reading →

SP Setia unit ends China deal

PETALING JAYA: SP Setia Bhd’s subsidiary, Setia (Hangzhou) Development Co Ltd, and Hangzhou Ju Shen Construction Engineering Ltd have terminated their joint-venture (JV) contract for the development of a mixed property project on 25 acres in Zhejiang, China. SP Setia said in a statement to Bursa Malaysia that the conditions precedent set out in the [...]

SP Setia abandons China property venture

SP Setia Bhd, a Malaysian real estate developer, scrapped a joint venture with Hangzhou Ju Shen Construction Engineering Ltd to develop a mixed property project in China because terms of the agreement weren’t met. SP Setia “still firmly believes” that property prospects in China are “positive,” the company said in a statement in Kuala Lumpur [...]

Developers be warned, China’s a tough market

KUALA LUMPUR: More developers are venturing into China’s property market but their investments may be at risk because of red tape and fears of overheating, analysts say. A MIDF Research analyst said the China market is a tough one to conquer without good connections with local authorities and partners who can deal with changing rules. [...]

Super penthouse going for RM50mil

The Binjai on the Park features 171 luxurious condominiums with the 50-acre KLCC Park right at its door step. The sprawling 19,200 sq ft of four-level super penthouse with an unobstructed full-length view of the Petronas Twin Towers can easily vie for the title of the “Most Exclusive Residence in Kuala Lumpur” if there is [...]

LBS Bina to launch maiden project in China by mid-2012

PETALING JAYA: LBS Bina Group Bhd, well known for building affordable homes, will launch its maiden property project in Zhuhai, China, worth RM7.5 billion by mid-2012. Managing director Datuk Lim Hock San said the 79 hectare project will comprise high-rise and landed residences and a commercial complex, surrounded by a 120ha golf course. “We are [...]