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Home transactions in Hainan plunged 14 percent on the month and 41 percent year-on-year in May, according to real estate research firm CRIC.
US President Donald Trump heaped some praise on the real estate prospects of North Korea after his summit yesterday with its leader Kim Jong-un.
A backlash against second home owners in England is gaining pace with people voting to make sure new homes are only able to be bought by local people.
Sources say the Hong Kong government has decided to impose a vacancy tax on property developers that hold on to completed units, RTHK reports.
Sri Lanka’s real estate major, Blue Mountain, has signed an agreement with China Harbour Engineering Company Ltd. (CHEC) to build Achilleion, its Seven Star Luxury Project.
Japanese studio Akihisa Hirata has designed the ‘Tree-Ness House’, a multi-story complex that replicates the structure of a tree.
Raffles City Chongqing, a project headed by the architect Moshe Safdie, will boast 134,000 sq m of homes, shops, offices, entertainment, transportation links and a public park.
A parking bay in Hong Kong's Ho Man Tin area sold Tuesday for HK$6 million (US$760,000), setting a new record in the Chinese SAR, the South China Morning Post reported.