• Mon
  • Dec 22, 2014
  • Updated: 4:01am

Property investment

Australia's housing investment 'won't fill' GDP gap from mining slowdown

Home prices in Australia are expected to grow less than 5 per cent this year. Photo: Bloomberg

Australian housing investment is unlikely to fill the void left in the nation's economic growth by a slowdown in the mining industry, says JPMorgan Chase.

Wednesday, 1 May, 2013, 3:44am

Vancouver eyes 'micro-suites' as Chinese buy up mansions

The show apartment at the Balance "micro-suites" development in the satellite city of Surrey, British Columbia. Photo: SCMP Pictures

Vancouver's property scene, fuelled by Chinese migration and investment, has long been famous for the luxury homes that fetch eight-figure sums and help make it Canada's most expensive real-estate market.

26 Apr 2013 - 4:04pm 1 comment

In West Vancouver, a 13,000 sq ft mansion aimed at Chinese buyers

The courtyard of a C$23.8 million mansion in Caulfield, West Vancouver.  Photo: SCMP Pictures

At the opposite end of the Vancouver market to the 297 square foot Balance "micro-suites" is a 12,998 sq ft mansion in Caulfeild, West Vancouver, with an asking price of C$23.8 million (HK$180 million). While Canada's tiniest flats are mainly being marketed to local first-home buyers and lower income earners, the Caulfeild estate is aimed squarely at Chinese buyers. Vancouver's most expensive listing features a two-storey library and a huge wine cellar built around the stone outcrops on which the home is built.

26 Apr 2013 - 11:38pm

Taiwan insurers go global in search of returns

Central Taipei is a stable and healthy property market, but lacks strong returns. Photo: AFP

Passing through Taipei's major business districts, it is common to see office buildings adorned with names of insurance companies. Indeed, about half of the grade-A office buildings in the city are owned by domestic insurers, with these companies accounting for about 40 per cent of turnover in the past few years.

24 Apr 2013 - 5:20am

Sun shines on Miami real estate sector

Downtown Miami, Florida, where the real estate market has recovered like nowhere else in the United States. Photo: Reuters

Like the tide that laps Miami, Florida's famous coastline, the property cycle in America's "sunshine state" does tend to ebb and flow. The difference is that with real estate, you can never pick exactly when.

24 Apr 2013 - 5:20am

Greece entices non-EU property investors with residence offer

Greece entices non-EU property investors with residence offer

Greece will be offering residence to non-EU investors buying or renting property worth over €250,000 (HK$2.5 million), in a bid to revive its moribund real estate industry, officials say. The initiative, voted into law last week, comes in response to strong demand from Arab, Chinese and Russian investors, the officials from the interior ministry and property groups told a news conference yesterday.

23 Apr 2013 - 3:51am

30-storey office tower sold for HK$3b in Mong Kok, Hong Kong

Agents say the office tower at 113 Argyle Street, close to Mong Kok East MTR Station, was sold for HK$8,824 per sq ft. Photo: Nora Tam

Nan Fung Development sold 113 Argyle Street, close to the Mong Kok East MTR station, for HK$8,824 per square foot, agents said. The developer was unavailable for comment.

20 Feb 2013 - 4:40am

Year of the Snake is a year to buy gold

According to fung shui master Wong Man-chiu, gold will have an upward trend and people will buy the precious metal as a safe haven. Photo: Bloomberg

The Year of the Snake, according to fung shui master Wong Man-chiu, will continue to be a volatile year in both the macro economy and the stock and property markets.

12 Feb 2013 - 5:08am 1 comment

Mainland property players still upbeat despite tougher conditions: survey

Both residential and commercial property rates are on the rise again despite stringent controls on speculation. Photo: EPA

DTZ Research conducted a cross-sector and cross-regional survey of those with an interest in the mainland property market for their views on market demand in the New Year, their financing and portfolio growth prospects, and what factors would be most important in driving their portfolio development.

6 Feb 2013 - 4:59am

Investors cry foul at 'misleading' celebrity advertising

Investors of shopping malls have to check the background and track records of the developers and the property management company. Photo: Xinhua

The investors of Taishan Landmark complained that the 70,000 square metre shopping mall had been largely deserted since it opened in late 2010 because of poor management, and that their investments were going down the drain.

4 Feb 2013 - 4:40am

Both good and bad news in China's property rebound

Both good and bad news in China's property rebound. Photo: Reuters

Last week China Vanke, the country's biggest residential property developer, announced that home sales last month leapt an impressive 140 per cent compared with December 2011.

14 Jan 2013 - 3:01am

Soundwill Holdings sell 29 shopping units at The Sharp, Causeway Bay

Top-floor unit sold for HK$80.47 million at The Sharp. Photo: May Tse

Car parking spaces are passe. Savvy property investors are moving up, so to speak.

5 Jan 2013 - 5:05am

Mainland property seen warm next year

Frank Tang knows how to stay in the game. Photo: SCMP

The mainland's property market is expected to bounce back next year, propelled by the new leadership's push to make urbanisation its top priority.

That is the view of top China dealmaker Frank Tang, chief executive of FountainVest Partners, a China-dedicated private equity firm partly financed by Singapore's wealth fund Temasek.

28 Dec 2012 - 9:23am

Yuexiu Property chairman Lu Zhifeng bullish on China for 2013

Lu Zhifeng, chairman of Guangzhou's Yuexiu Property. Photo: May Tse

The chairman of Yuexiu Property, a Guangzhou-based developer, believes the mainland property market will improve in the second half of next year.

Lu Zhifeng said he was bullish on the property market in 2013. "The market conditions will remain challenging in the first half but I think the market will improve in the second half," Lu said.

12 Dec 2012 - 2:58am

Singapore ideal home in Asia for mobile rich

Prices of homes in Singapore have climbed to record levels.

Singapore topped Hong Kong as the most desired place in Asia for so-called mobile millionaires to reside, with quality of life cited as the main attraction, a RBC Wealth Management survey showed.

12 Dec 2012 - 3:54am