Real Estate

Asia-Pacific's time to shine

A key factor in keeping Sydney's prices high is an under supply of property. Photo: Bloomberg

One person's challenge is another's opportunity, or so the saying goes. In the context of property investment, the euro zone's continuing woes seem to augur well for Asia-Pacific markets.

Wednesday, 23 January, 2013, 4:47am

Sony selling New York head office for US$1.1b

A shopper checks out Sony products at a Tokyo outlet. The company has been mauled by tough competition from South Korean competitors, particularly Samsung Electronics, and is selling assets to raise cash. Photo: Reuters

Sony yesterday said it was selling its US headquarters in Manhattan, New York, for US$1.1 billion as part of an overhaul aimed at rescuing the Japanese consumer electronics giant's tattered balance sheet.

New York-based commercial property firm Chetrit Group was leading a consortium that agreed to buy the Madison Avenue building in a deal expected to close in March, Sony said.

19 Jan 2013 - 3:55am

China loses shine for foreign money

Chinese Minister of Commerce Chen Deming reassures the business community that the government will improve the investment environment. Photo: Xinhua

China's attractiveness to foreign investors waned last year for the first time since the global financial turmoil as the world's economy slumped and labour costs rose.

17 Jan 2013 - 2:40am

Mainland commercial real estate investors seen favouring Hong Kong

Mainland commercial real estate investors seen favouring Hong Kong

Mainland investment in commercial real estate around the world will continue to grow this year as Chinese companies are encouraged to invest abroad.

16 Jan 2013 - 5:19am

Letters to the Editor, January 11, 2013

Substantial rent hikes at Link Reit malls. Photo: Felix Wong

Uninformed views harming vet profession

I must take issue with what I felt was an incomplete report ("Top doctor questions sky-high HK vet fees", January 7).

I feel qualified to write because I have been administratively and politically involved in the veterinary profession since arriving in Hong Kong 17 years ago.

11 Jan 2013 - 2:27am 1 comment

All eyes on tranquil islands

The attractions of South Molle are clear to anyone in the market for a private island.

Australia's Whitsundays are famously home to 74 islands, according to the tourism mantra. David Colfelt, author of the cruising guide 100 Magic Miles, says it's more like 150, if you count the picturesque islets and rocks.

9 Jan 2013 - 3:26am

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.

8 May 2015 - 9:46am

Scape house sale at HK$252m bucks sentiment

House No 8 has a lift, a five-car garage, a pool and a garden.

A Hong Kong buyer has bucked the real estate market's weak sentiment by splashing out for a detached house on the city's south side.

21 Dec 2012 - 4:25am

Half mainland city home prices go up

Half mainland city home prices go up

The mainland's new home prices rose last month in more cities than the previous month, indicating the government will refrain from relaxing curbs on the property market.

Prices climbed in 35 of the 70 cities the government tracks, compared with 31 in September, according to data released by the statistics bureau today.

Prices fell in 17 cities, the data showed.

19 Nov 2012 - 5:56am

New leaders in Beijing face tough decision on property

People view a model of a Beijing development. Demand for luxury property fell after curbs made it harder to get mortgages. Photo: AFP

The prospect of a housing surge is fraying mainland policymakers' nerves.

7 Nov 2012 - 3:16am

Railway giant takes detour into property

Railway construction is slowing for CRCC.Photo: Bloomberg

China Railway Construction Corp (CRCC) is spending billions on property projects to become a major real estate player.

2 Nov 2012 - 5:30am

Asians spinning the wheel

A 'for sale' sign in the foreground of houses in the northwest residential neighbourhood in Las Vegas. Photo: AFP

Astute Asian investors are taking a big gamble, putting their money and faith in one of the most dire real estate markets in America, one billed as the entertainment capital of the world which has not been at all enjoyable for investors since 2008.

31 Oct 2012 - 12:16pm

Blackstone cashes up for more big mainland deals

Stephen Schwarzman says Blackstone is not quitting the mainland's property market. Photo: Nora Tam

Blackstone Group, the world's largest alternative asset manager, is on track to make big-ticket deals in Asia's property market. 

29 Oct 2012 - 7:24am

Worst not over yet for mainland property market, says China Overseas Land

Kong Qingping, chairman of China Overseas Land, expects the firm to benefit from consolidation in the market. Photo: Bloomberg

China Overseas Land & Investment, one of the mainland's largest developers, says the worst is not over yet for the real estate market even though liquidity has improved.

25 Oct 2012 - 4:53am

Buyers biding their time

Capari, a six-bedroom, five-bathroom opulent property on the island of Tinos, a few nautical miles from Mykonos, is on the market for €2 million.

Vultures - of the avian kind - are opportunistic predators. They can sniff out potential prey from more than a mile away, and will hone in and circle it until satisfied that the time is right to strike.

24 Oct 2012 - 2:56am