Archive for the Real Estate Category

 

Shanghai’s Economy Exceeds Hong Kong’s For First Time In 30+ Years

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Friday, March 5th, 2010

Through all the talk of a future “Shangkong” super-financial power, Shanghai clearly has distinct advantages over its SAR counterpart.

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Hainan Island To Offer Luxury Yacht Weddings

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Wednesday, March 3rd, 2010

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.

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Mainlanders Bought Nearly 20% Of All Luxury Apartments Sold In Hong Kong In 2009

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Thursday, February 4th, 2010

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.

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Raffles Tianjin Readies For Grand Opening

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Friday, December 18th, 2009

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.

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Grand Hyatt Shenzhen Opens In South China

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Wednesday, December 2nd, 2009

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.

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Hong Kong Apartment Is World’s Most Expensive

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Thursday, October 15th, 2009

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.

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Shanghai Developer Plans Luxury Home Furnishing Store “With A Twist”

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Wednesday, September 30th, 2009

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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