JINAN (China): Malaysian tycoon Tan Sri Lim Gait Tong has started construction work on a planned 15bil yuan (RM9.25bil) integrated property project in Qihe, a north-west satellite town of Jinan, the capital city of Shandong province. The first phase of this cultural and touristic project, which has been named Asean International Eco-City, was launched in … Read more
SHANGHAI: There are downside risks for the China property market in the second quarter because of the tightening measures that have been reintroduced to some cities, a Chinese government researcher said. The curbs in first-tier cities are limiting property sales’ growth, Zhang Changcai, deputy director general at the Information Research Department of the State Council, … Read more
Further economic woes in China could help London’s prime property market overcome its Stamp Duty slowdown The Stamp Duty may not saddle London’s luxury market for much longer. CityWire parses the latest research from Savills showing that prime property prices have had a rough year in England’s capital, with homes valued at £5 million … Read more