Builder controlled by family of billionaire Kwek Leng Beng says move represents its ‘confidence in China’s long-term growth prospects’. ( read original story ...)
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 ...)
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 ...)
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 ...)
China’s property market shows signs of recovery as deals surge in top cities
“The rebound in home sales in major cities signals a broader recovery in China’s housing market,” said Yan Yuejin, vice-president of the Shanghai-based E-House China Real Estate Research Institute. ( read original story ...)
China property: Sunac’s One Sino Park project in Shanghai sells out in 3 hours
All 158 units in the project in Dongjiadu, Huangpu district, were sold, fetching the developer US$825.8 million. ( read original story ...)
Sleeping In Shanghai: Two Luxury Hotels To Add To Your List
China’s largest city, Shanghai is an economic powerhouse with a rich European heritage: discover two luxurious hotels that represent both sides of the city. ( read original story ...)