China

China’s urban fixed-asset investment up 26.6%

Staff writer Asia Pulse 11.03.2010

China´s urban fixed assets investment leaped 26.6 percent year on year (y-o-y) to 1.3 trillion yuan or US$190.3 billion in the first two months, highlighted by a prominent increase in property investment, the National Bureau of Statistics (NBS) announced Thursday.

Taiwan Prepares for the Arrival of Luxury Investors JONATHAN ADAMS The New York Times 11.03.2010	CapitaMalls Asia to acquire integrated development in Chengdu Staff Writer Property Report 09.03.2010
TAIPEI — Taiwan’s luxury property market — long passed over by international investors — finally may be poised to attract overseas money, analysts here say.	CapitaMalls Asia Limited announced its intention to acquire an integrated development comprising retail, residential and office areas in Chengdu, China, from CapitaRetail China Development Fund II for RMB554.2 million or S$114.0 million.
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RICS survey shows increase in China’s distressed property Staff Writer Property Report 03.03.2010	China Leads in Property Investment Marc Jablon Realty Associates 03.03.2010
The US and Japan are set to see the biggest rise in distressed sales in the first quarter of 2010, says the Royal Institution of Chartered Surveyors (RICS) in its research paper, Global Distressed Property Monitor Q4 2009.	While China may not have beaten the United States during the Olympic Games, it is soundly trouncing our nation in the real estate investment department.
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Holiday property sales prove sluggish Hu Yuanyuan China Daily 22.02.2010	Beijing property prices predicted to be steady in 2010, according to analysts Property Wire 22.02.2010
Home sales in major cities contracted while property prices remained stable during the Spring Festival holiday as buyers and property developers wait for more policy clues from the upcoming sessions of the nation's legislature and advisory body.	Residential property prices in Beijing are expected to maintain a steady course during 2010 and the city’s mayor has promised not to use administrative measures to intervene in the market.
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Real estate tycoons crowd list of wealthy Chinese: expert Zhao Lei China Daily 16.02.2010	Concerns over China's property boom Tom Iggulden Australia Network News 11.02.2010
Chen is one of the China's rapidly expanding "rich class". He has several properties in Beijing, including a grand courtyard house he uses solely to entertain friends and business associates.	Concern is growing that China's economic surge is leading to escalating real-estate prices and a looming property bust.
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