Page 5 - World Development Co News Today

One Hong Kong developer is offering half-price flats in the world’s most expensive residential market. Others have donated sprawling farmlands for public housing. And the scion of a property empire says it is time to put the city’s betterment above profits. Two years after street demonstrations rocked Hong Kong and Chinese authorities pointed a finger of blame at sky-high home prices, the city’s tycoon developers are under pressure to help ease its housing crisis. Asia’s pre-eminent fina...

ONE Hong Kong developer is offering half-price flats in the world’s most expensive residential market. Others have donated sprawling farmlands for public housing. And the scion of a property empire says it’s time to put the city’s betterment above profits. Two years after street demonstrations rocked Hong Kong and Chinese…

Two years after protests rocked the city and Chinese authorities pointed a finger of blame at sky-high home prices, developers are under pressure to help ease its housing crisis.

Approximately 80% of the total Malaysian real estate built by developers, according to the Real Estate & Housing Developers’ Association (REHDA) Malaysia, has been developed by more than 1,000 developers across Peninsular Malaysia. Table of contents 1. How many real estate developers are there in Malaysia? 2. Who is the best high rise developer in […]

CARRIE Lam’s plans for a new metropolis in northern Hong Kong came as a big relief to investors in the city’s property giants.

(Bloomberg) -- Hong Kong’s latest ambitious policies to increase land supply are unlikely to make a dent in the city’s home prices for now.

Chus are the latest billionaire family to help out their pal, the Evergrande founder, with a 51 percent purchase offer.

Wealthy investors who supported Chinese billionaire Hui Ka Yan’s empire are now paying a heavy price amid growing concern the group will struggle to repay its debts. Hui had long been able to count on his poker pals to back China Evergrande Group during times of trouble, whether it was by buying stakes in his company, loading up on its bonds or not calling in debts. He broadened that circle to raise funds for his property services business in December, as well as an electric-vehicle startup in...

As the Covid-19 vaccine programme slowly begins to take off in South Africa, the latest figures sit at just over 1.43 million individuals inoculated. This is still way off the government’s target, with many healthcare workers and over-60’s still waiting in anticipation to receive the vaccine. In Hong Kong, however, it couldn’t be more different. The Special Administrative Region of China has seen a notably sluggish vaccination rate. The city’s wealthy and their companies are now looking...

The past few years have seen a remarkable shift in fortunes between China’s tech-savvy moguls and their old-school Hong Kong counterparts.