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.Tuesday, 23 April, 2013, 3:51am
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
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
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
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
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
Car parking spaces are passe. Savvy property investors are moving up, so to speak.5 Jan 2013 - 5:05am
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
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 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