The invite-only Luxury Properties Showcase will showcase the world’s most extraordinary properties at Shanghai’s five-star JC Mandarin.
The Peninsula hotel has announced the sale of 39 residential units in its Shanghai property. This is the first time the iconic hotel company has offered units for sale. The over-saturation of the high-end hotel industry in Shanghai caused an eight percent drop in room rates in 2012. Even though the situation stabilized this year, [...]
Bangkok Bangkok-based Onyx Hospitality Group is expanding its serviced residences brand, Shama, in China. The company has recently completed three new management contracts that will bring the high end serviced residences to Beijing, Chengdu and Guangzhou, adding to existing properties in Hong Kong, Shanghai and Dalian. Earlier, a contract was signed fro Shama Heda-Hangzhou, which [...]
CapitaLand recently announced that it has purchased a 70 percent stake in the Shanghai Guang Chuan Property Co Ltd (SHGC) for RMB1.95 billion (US$318 million). SHGC is a subsidiary of Shang Hai Shentong Metro Assets Management (Shentong Assets). Shentong Assets is responsible for the development and asset management of property above the metro stations or [...]
by Namrata Kohli Legendary hospitality designer Tony Chi was in Gurgaon, New delhi’s upscale satellite city recently to unveil his plans for the grand hyatt residencies there, which is being developed by Ireo, India’s first and largest private equity fund dedicated to the real estate sector. “I design to arouse people’s consciousness,” says celebrity interior [...]
By Sofie Lisby Since the development of discovery Bay in Hong kong in the late 1970s, Hkr International has expanded across Asia and today owns and develops luxury properties in Hong kong, shanghai, tokyo, Bangkok and singapore. the vision has always been to pioneer the development of innovative living spaces while pushing the envelope in [...]
Government imposed tightening measures in Shanghai, including Home Purchase Restrictions (HPRs), remained firmly in place in 4Q2012 according to recent research by Jones Lang LaSalle. The property management firm expects HPRs to continue into 2013 as sales momentum in the mass market continues while authorities improve affordability for first-time buyers. Sales in the high end [...]
Shanghai’s residential property market saw an increase in sales volumes but a fall in average prices during Q4 of 2012, Colliers International reported. The company’s Shanghai Residential Market Research and Forecast Report concluded that the average sales price during the period decreased seven percent q-to-q and reduction was largely a result of high volumes of [...]
Today reports that a property developer based in Shaghai, China has recently initiated the construction of a US$1.6 billion project in Vientiane, the capital city of Laos. This move gives a considerable boost to Chinese presence in the Laos economy. Last December, the Lao government achieved an agreement with Shaghai’s Wanfeng Group, a major [...]
PD have conducted their largest sample of Asia investment property, to date. Research was sponsored by Invesco Real Estate and J P Morgan and included China, Hong Kong, Indonesia, Japan, Korea, Malaysia, Singapore, Taiwan, and Thailand. The largest sample of Asia investment property and includes assets worth US$244.3 billion – a growth of 20 per cent, year-on-year.
Jones Lang LaSalle’s market experts have shared their expectations for the office leasing markets in Asia Pacific in the second quarter of 2012. In the markets that were experiencing office rental declines in previous quarters, the teams are anticipating a slowdown in the rate of decline, for example a three to four percent fall in Grade A office rents this quarter in Hong Kong compared to an actual 6.3 per cent decline in the first quarter.
A Knight Frank survey has named China the “hottest property market” in the world based on the country’s surging house prices between the fourth quarter of 2006 to the same period in 2011.
House of the Tree is the most recent project designed by Kokaistudios, an award winning architecture design firm founded in 2000 in Venice by Italian architects Filippo Gabbiani & Andrea Destefanis and now headquartered in Shanghai, China. Located at the 48th and 49th floor of a high-end residential tower in Shenzhen, China, House of the [...]
China is like to ease the property curbs as soon as the middle of the year to prevent the property market to burst and the measures may boost supply to the highest in a decade, says UBS AG. The head of China equity strategy at UBS, Chen Li, said in a Bloomberg Television interview that [...]
With the biggest three-month increase since Q3 2008, worldwide rents are on the upswing, gaining 4.3 per cent in the third quarter of 2011. Asian markets contributed to the rise, with double-digit growth in Hong Kong. However, growth in that city has slowed since a year ago (down from 18.1 per cent to just 10.6 [...]
Average capital values fell 0.2 per cent quarter on quarter in the third quarter of 2011across luxury residential markets in Asia.
Values of luxury residential properties across Asia continued to slowly rise in the first quarter of 2011. As with the last quarter of 2010, values rose 1.8 per cent, according to Residential Index data from Jones Lang LaSalle. This is a slowdown from the hectic third quarter of 2010, when prices grew by 7.4 per [...]
The Key, a Vancouver-based sales and marketing firm recently suggested there has been a wave of Chinese investors buying into the Vancouver and Toronto property market.
Chinese property prices have continued to show incremental growth despite government cooling measures.
With a combined 2010 value of 207 billion yuan ($31.4 billion), the Shanghai real estate has defied government initiatives to cool the housing market.