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Tag: property

Posted on 12/11/2024

China Plans to Slash Homebuying Taxes in Fiscal Stimulus Push

China is planning to cut taxes for home purchases as the government dials up fiscal support to revive a moribund housing market, according to people familiar with the matter. ( read original story ...)

Posted on 11/11/2024

China’s property market shows signs of bottoming out, as home sales accelerate in major cities in October

Analysts said on Monday that China’s property market development trend is quietly shifting, with continuous growth in home sales anticipated in the final months of the year. September and October are ... ( read original story ...)

Posted on 06/11/2024

Parkson Retail Group’s Major Shanghai Property Acquisition

Parkson Retail Group (HK:3368) has released an update. Parkson Retail Group has entered into a significant long-term tenancy agreement for a ... ( read original story ...)

Posted on 04/11/2024

Singapore’s CDL buys US$1.3 billion Shanghai site as confidence rises in China property

Builder controlled by family of billionaire Kwek Leng Beng says move represents its ‘confidence in China’s long-term growth prospects’. ( read original story ...)

Posted on 02/11/2024

Billionaire Kwek Leng Beng’s CDL Revives China Bet With Shanghai Property Purchase

City Developments—controlled by billionaire Kwek Leng Beng and his family—has partnered with Chinese state-linked Lianfa Group to purchase a prime mixed-use site in downtown Shanghai for $1.3 billion. ( read original story ...)

Posted on 02/11/2024

The St. Regis Just Opened a Luxe New Property in Shanghai. Here’s a Look Inside.

The company just recently debuted its 60th property—the St. Regis on the Bund, Shanghai. The 192-key hotel is the St. Regis’s second opening in the city, and it combines the brand’s New York glamour ... ( read original story ...)

Posted on 29/10/2024

Home Builders Race to Capture Shanghai’s Runaway Luxury Demand

In the same period, the sale of ultra-luxury homes priced above CNY150,000 per sqm increased by 5.5 times compared to 2023, with over 2,000 units sold. "Top-class" luxury apartments, priced at ... ( read original story ...)

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