Archive for the Real Estate Category
Shanghai’s Economy Exceeds Hong Kong’s For First Time In 30+ Years
Through all the talk of a future “Shangkong” super-financial power, Shanghai clearly has distinct advantages over its SAR counterpart.
Read Full Story »Hainan Island To Offer Luxury Yacht Weddings
Despite protests in neighboring Vietnam, warnings that a luxury property bubble may be forming, and dozens of op-ed pieces criticizing everything from skyrocketing room rates in Sanya to a language gap that threatens to frustrate international tourists, plans for the island’s luxury facelift seem to be moving ahead relatively unhindered.
Read Full Story »Mainlanders Bought Nearly 20% Of All Luxury Apartments Sold In Hong Kong In 2009
Figures released this week by Centaline Property Agency indicated that mainland property buyers comprised 18.1% of luxury apartment buyers in 2009, compared to 11.2% in 2008, the sharpest growth in mainland purchases in six years.
Read Full Story »Raffles Tianjin Readies For Grand Opening
In recent years, officials have taken great pains to project Tianjin as a modern city, with ample room for growth and capacity for increased tourism, business, and trade.
Read Full Story »Grand Hyatt Shenzhen Opens In South China
From the world-class MixC shopping complex to Park Lane Manor, the most exclusive residential property in the city, Shenzhen looks to be catching up to its more cosmopolitan counterparts in east China.
Read Full Story »Hong Kong Apartment Is World’s Most Expensive
This week, an apartment in Hong Kong’s Mid-Levels area sold for a record-breaking HK$439 million, or around US$57 million, and analysts expect a continued flow of money into the city’s luxury real estate markets as cash-rich individuals look to take advantage of the Hong Kong government’s recently lowered interest rates and the city’s appeal as an investment haven.
Read Full Story »Shanghai Developer Plans Luxury Home Furnishing Store “With A Twist”
Although announcements of new large-scale real estate projects in China are nothing new, nor are they particularly exciting on the whole, Ausen Real Estate Development Co.’s recently-announced plans to open a massive home furnishing retail complex near Shanghai next year stand out.
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