Asia > Eastern Asia > Real Estate

Real Estate in Eastern Asia

  • Chinese Developers Delay Bond Maturity, Deficit to Peak in 2020

    CHINA, 2016/06/12 Chinese Developers Delay Bond Maturity, Deficit to Peak in 2020
  • Japan Nov Housing Starts Rebound More Than Forecast

    JAPAN, 2015/12/26 Japan's housing starts climbed additional-than-expected in November, next falling in the previous month, data from the Ministry of Land, Infrastructure, Transport and Tourism showed Friday. Housing starts rose 1.7 % year-over-year in November, in contrast to a 2.5 % fall in October, which was the initial decrease in eight months. Economists had expected a 0.6 % increase for the month.
  • Chinese property buyers are expected to invest $13.2 billion in the United Kingdom

    CHINA, 2015/11/24 Chinese property buyers are expected to invest $13.2 billion in the United Kingdom by 2020, projected an international real estate portal in its new statement. In 2014, the UK saw an estimated inflow of $3.12 billion investments from Chinese mainland buyers, as the country ranks the fourth popular international destinations part them, according to real estate search platform Juwai.com. About 72 % of enquiries in London real estate were made by Chinese consumers, putting the city only next Sydney. "Wealthy Chinese have become the biggest and most rapidly growing consumers of international tourism, education, luxury goods, health care and –of course– real estate," said Andrew Taylor, co-CEO of Juwai.com.
  • Real estate accounted for 90% of South Korea's national wealth in 2013

    SOUTH KOREA, 2015/05/14 Real estate assets accounted for almost 90% of South Korea's national wealth in 2013, according to official statistics. As of the end of 2013, the country had a net wealth of 11,039tn won (£6.4tn, €9.0tn, $10.1tn), up 3.5% from 2012, according to data released by the Bank of Korea and Statistics Korea. National net wealth is calculated by deducting debts from gross national assets. The national wealth is 7.7 times bigger than the country's gross domestic product (GDP) of 1,429.4tn won in 2013. South Korea's net worth has remained at 7.7 times GDP since 2011.
  • Chinese cities see property prices fall

    CHINA, 2015/01/22 4.3% December fall in prices of new homes in large Chinese cities 9% Month-on-month rise in Chinese housing sales in December Prices of new homes in large Chinese cities fell 4.3 % in December from a year before, the major drop since the current data series began in 2011, according to Financial Times calculations based on government figures released yesterday. The continuing downturn in the Chinese real estate market, which began at the start of last year, is creating ructions in Beijing and globally, as slower increase and rising debts in China ripple through international commodity markets.  
  • Global Commercial Investments Exceeding Forecasts

    EUROPE, 2013/10/08 World commercial real estate volumes were 16 % higher during the initial three quarters of 2013 compared to the same period last year, as the market continues to surpass expectations. Direct commercial world real estate investments reached $125 billion during the third quarter, increasing three % from the previous quarter and 25 % from last year, according to Jones Lang LaSalle, which tracks 60 nations and additional than 130 world cities. World transaction volumes have been higher than $100 billion for six consecutive quarters, prompting JLL to increase its 2013 projected transaction volumes from $450-$500 billion to $475-$500 billion.
  • World Habitat Day: UN officials call for improved urban resilience, mobility

    WESTERN ASIA, 2013/10/08 Un officials have stressed the need to ensure that cities become additional resilient to natural disasters inclunding provide their citizens with methods of alternative transportation to thrive. The PANA Correspondent in New York reported that the officials made the call in messages to mark the World Habitat Day, observed annually on the initial Monday of October. In his message, UN Secretary-General Ban Ki-moon stated: 'As the effects of climate change increase, urban resilience becomes ever additional necessary.' He said: 'All actors need to work together to save lives, protect assets and guarantee services at the same time as disasters strike', saying that, 'planning is essential to boost the resilience of cities.'
  • Chinese Company Targets Real Estate in Ethiopia

    CHINA, 2013/06/19 High profile legal battles have seen trust evaporate from Ethiopia's thriving real estate sector . Starting the excavation work before two weeks ago, the China Geo-Engineering Corporation strives to construct international standard real national complex. The China Geo-Engineering Corporation (CGC), which has before been engaged in the road construction sector in Ethiopia, two weeks ago started the construction of an international standard real estate complex, with three billion Birr capital.
  • Japanese housing market hot on weak yen

    JAPAN, 2013/05/07 Taiwanese investors have gained interest for investing in housing in Japan in light of a weakening Japanese yen, a local broker said yesterday. Japan's housing market has been completely hot since Prime Minister Shinzo Abe pushed to reduce the strength of the yen, according to the Taipei-based Sinyi Realty Inc., Japan, the only local broker that has a franchise in Japan.
  • The Hong Kong Monetary Authority (HKMA)

    HONG KONG, 2012/12/22 Hong Kong's overheating property market posed macro-financial risks to the economy, the city national's monetary authority warned in a statement on Wednesday. "The loose world monetary conditions and the expectation of a protracted period of negative real interest rates could provide incentives for households to take up excessive mortgage leverage and pose upside risks on property prices," the Hong Kong Monetary Authority (HKMA) said in its Quarterly Bulletin.