Taipei property market stumbles – new home sales down 24%
Tweet Taipei’s land administration bureau said Friday that new home sales in the city declined by 24% last year with only 85000 units having been sold. In the district of Banqiao,…
Indonesian infrastructure projects welcome passing of new land acquisition law
Tweet Indonesia’s House of Representatives last Friday endorsed the long-awaited law on land acquisition for public development inJakarta. In the past, public infrastructure projects were usually delayed as a result of…
Old Chinese cement plants to be closed to reduce environmental impact
Tweet The Chinese Ministry of Industry and Information Technology (MIIT) said Tuesday that the country is aiming to eliminate 250 million tonnes of the cement industry’s outdated production capacity in the…
Shanghai new homes volume falls again but prices recover
Tweet New home sales volumes in the key market of Shanghai fell below the 100,000m2 level yet again last week as an extremely weak sentiment continued to be displayed by…
Dramatic falls seen in Macau real estate market
Tweet Figures released by Macau’s Statistics and Census Service (DSEC) on Thursday paint a grim picture of the country’s real estate market. According to the figures, the average price of transaction…
World Bank expands project in China to reduce wasted residential energy
Tweet The World Bank is expanding its project in Northern China to cut energy wastage by converting China’s stock of poorly insulated homes into energy efficient dwellings. The project that…
Chinese consumer spending still strong and expected to boost commercial property market
Tweet The China Blue Chip Real Estate Conference yesterday heard that the commercial real estate market in China is likely to greatly benefit from the continuing growth in consumer spending…
Economists divided on global impact of China’s housing bubble collapse
Tweet Debates are now raging among economists about whether falling house prices in China will knock the world economy into recession. Sales volumes of residential property have begun to fall…
China’s demand for crude steel rising
Tweet Crude steel consumption in China is set to surpass the 750 million ton mark by 2015. According to a 5-year plan released by the industry ministry, the increase in…
New home prices in Shanghai slip to a new low
Tweet The prices of new homes in Shanghai have fallen to a new low in the wake of dwindling sales. There have been reports that real estate developers are in…
