Debt Crisis Looms as Country Garden Faces Liquidation Petition Debt Crisis Looms as Country Garden Faces Liquidation Petition Property Slump Deepens Amid Country Garden’s Failure to Pay Debts Country Garden Holdings Co.’s debt crisis is entering a new chapter as China’s prolonged property slump deepens, following a creditor’s legal petition to liquidate the company over … Read more
January 1, 2024 Cai Zhizhong Founder of Asia Real EstatePresident of Hong Kong Professional Real Estate Consultants AssociationChief President of Hong Kong Eastern District Federation of Industry and Commerce I went to Hong Kong, Zhuhai and Macao for a few days during the holiday and discovered that whether a city can be successful, it is … Read more
The picture shows Mr Yue Wai-man, Chief Executive of the Hong Kong Monetary Authority. (Photo source: Hong Kong Government Information Services Department) See Chinese websites prohibit the establishment of mirror sites. Return to the genuine version to see the Chinese website. [Look at China News, July 8, 2023](See comprehensive report by Chinese reporter Li Huaiju)brass … Read more
China’s homebuyers are slowly but surely declining. That’s according to data from the country’s central bank, despite price cuts and stimulus in the world’s biggest housing market, which continues to collapse. Meanwhile, developers in China are starting to collapse, with real estate giant Wanda Group making headlines this week after the value of its dollar … Read more
Housing prices will continue to rise, financial intermediaries believe, according to a survey by the Ministry of Finance. The largest number of financial intermediaries (43%) indicated that prices will continue to rise, but at a slower pace than in 2021. The slowdown may be due to the increase in the countercyclical capital buffer, which will … Read more
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JAKARTA, KOMPAS.com – Besides Jabodetabek, North Paser Sharpening (PPU) as a candidate for the National Capital City (IKN) of the Archipelago is considered a potential city for property investment. In a survey conducted by Knight Frank Indonesia entitled Indonesia Property Survey16 percent of respondents chose PPU. Country Head Knight Frank Indonesia Willson Kalip said the … Read more
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JAKARTA, KOMPAS.com – Pandemic Covid-19 has hit all sectors of the Indonesian economy, including property. In fact, CEO PT Lippo Karawaci Tbk John Riads said, the Covid-19 Pandemic was the toughest moment for its business continuity. The heaviest moment he felt in the first three months since the virus came to Indonesia, namely March-May 2020. … Read more
Summary [CICC Macro: PPI increase is difficult to constitute a reason for currency tightening]CICC Macro issued a document pointed out that the recent local overheating of the property market restricts currency relaxation, but credit risks call for loose currency, and monetary policy this year is still a discretionary choice. Looking ahead, PPI inflation may rise … Read more
Original title: New homes are cold, and second-hand homes fall in a row! This “strongest prefecture-level city”, why has the property market cooled down? Summary [Newhousesarecoldandsecond-handhousesfallcontinuously!Whyhasthepropertymarketinthis”strongestprefecture-levelcity”cooleddown?】JiangsuSuzhouisoneofthetoptencitiesinmycountry’sGDPandisknownasthe”strongestprefecture-levelcity”ThepropertymarketinmajorcitiesintheYangtzeRiverDeltahasmaintainedacertaindegreeofenthusiasmthisyearbutnewsoffallinghousingpriceshasspreadinSuzhouIntheoldcityofSuzhouduetobuildingheightrestrictionsthereareolderhousesnearbyThereportervisitednearbyresidentsandmanyrealestateagentsandlearnedthatboththelistedpriceandthetransactionpriceofsecond-handhouseshavefallenthisyear(CCTVFinance) Suzhou, Jiangsu is our countryGDPOne of the top ten cities, known as “the strongest prefecture-level city”.The property market in major cities in the Yangtze River Delta has maintained a … Read more
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JAKARTA, KOMPAS.com – The Ministry of Public Works and People’s Housing (PUPR) is preparing for development Highway Access Patimban Port, Subang, West Java. Highway this connects the Cipali Toll Road segment KM 89 + 125 to the North Coast section along 37.5 kilometers. Road Initiator Patimban Port Access Toll is a consortium of PT Jasa … Read more