Sean Linkletter from JLL China explains why all major Chinese cities are substantially higher than the United States P/I average of 2-4, including home prices in Shenzhen, which were a whopping 46 times average income by end-3Q17.
Hong Kong, Thailand and Japan lead APAC hotel investment
Hotel investment deals are flowing into Hong Kong hotels with 11 deals worth nearly US$1.5 billion recorded this year to date says JLL Managing Director - Investment Sales, Asia Mike Batchelor.
Chinese demand for Australian real estate is declining
Government policies in both Australia and China are eroding Chinese buyer demand for local real estate, says Michael Pallier, managing director of Sydney Sotheby's International Realty.
Over half of the Top 20 City Destinations Ranking are in Asia
In a new report by Euromonitor International, Hong Kong, Bangkok, Singapore, Macau, Shenzhen, Kuala Lumpur, Phuket, Tokyo, Taipei, Seoul and Guangzhou rate in the top 20 for international arrivals, economic and tourism growth and innovation.
The global ‘proptech’ field is led by China and Hong Kong
JLL Greater China reports the Chinese mainland and Hong Kong account for US$3.03 billion, around 41 percent of funds raised globally for technology used in the real estate sector.
“Houses are built to be inhabited, not for speculation” President Xi
CBRE wraps up the keynote report delivered by President Xi Jinping at The 19th National Congress of the Communist Party of China which commenced on October 18.