If you’ve ever stepped foot in the Shanghai Tunnels—the network of decrepit tunnels that run below the streets of Old Town—then you’re familiar with the nefarious history that clings to Portland’s ... ( read original story ...)
Shanghai’s First 2022 Land Auctions Signal Real Estate Recovery
Shanghai's first round of land auctions this year indicates a rebound in the property sector after the city's two-month lockdown. Some 36 residential plots were sold within five working days after the ... ( read original story ...)
Shanghai bucks trend as China land demand sinks
Land demand from China's developers mostly decreased in the first round of auctions held by major cities this year, with fewer cities seeing price gains, but sales in Shanghai rebounded following its ... ( read original story ...)
Mainland Chinese buyers expected to flock to luxury Hong Kong housing now that Shanghai’s lockdown is over, developer says
Wheelock Properties expects to launch luxury project 1 Plantation Road in the third or fourth quarter to capitalise on renewed demand The lifting of Shanghai's lockdown might have sped up some buyers' ... ( read original story ...)
Mainland Chinese buyers expected to flock to luxury Hong Kong housing now that Shanghai’s lockdown was over, developer says
Mainland Chinese buyers are expected to return to Hong Kong’s luxury housing market now that Shanghai has lifted its two-month-long lockdown, driving sales to pre Covid-19 fifth-wave levels in the ... ( read original story ...)
Property tycoons lose $65bn after China curbs runaway excesses
When Hui Ka Yan headlined a high-profile philanthropic event in 2018, he spoke at length about how he subsisted on sweet potatoes as a child in his home village. ( read original story ...)
Shanghai returns to life as Covid lockdown eases
Traffic, pedestrians and joggers have reappeared on the streets of Shanghai as China’s largest city begins returning to normalcy amid the easing of a strict two-month Covid-19 lockdown. The measures ... ( read original story ...)