Home/News/Overseas property news/

More overseas property news articles

  • Shenzhen housing market continues to be market spotlight in 3Q 2020

    Overseas property news

    Normally regarded as a wind vane for the nation’s real estate market, Shenzhen in recent months after the epidemic which has become stabilised, not only has increased property price, but total transaction has also picked up. Mainly dragged down by the slowdown in the progress of construction projects, market demand returned to the second-hand housing market. Alone in June, the turnover of second-hand housing in Shenzhen broke 10,000 units, a new high in four years. Market demand was released in the second quarter of the year, and the overall property market has performed well. According to the szhome.com, second-hand housing in the first half of 2020 had a total transaction volume of 44,000 units, an increase of 41.2% year-on-year; the area transacted exceeded 370 square meters, an increase of 45.8% year-on-year. The transactions were mainly from districts like Longgang, Baoan and Futian areas. Among them, the number of transactions in Longgang and Baoan districts surged by 53.0% and 55.9% year-on-year to 11,190 units and 10,675 units, respectively.
  • Overview of the office market in Macao

    Overseas property news

    Amidst the Coronavirus outbreak and the global economic uncertainties, the overall property market in Macao remained inactive in the first quarter of 2020.
  • Office investment sentiment looks to get improved

    Overseas property news

    Assuming that if there is no further outbreak of the epidemic, although the economic prospects are yet to be realised, and the lagging unemployment rate has not be stabilised, tracking resumption in work, production and markets in various industries, the overall office rental market activity is expected to improve. In order to avoid the office being vacated for a long period of time, some large office owners may lower their cost for rent. Coupled with the gradual entry of new office supply into the market, the rent slashes could become a major trend during the year, leading a solid support for the expansion of high-demand growth industries, for example, the financial industry, online technology companies, pharmaceutical and medical companies, and cloud computing, big data and other industries. Additionally, more and more developers and operators with high-quality office buildings have begun to implement their 5G allocation strategy for office buildings determined a year ago, convinced that they will help improve the quality of subsequent property assets.
  • Milestones of Infrastructure Investment Trust

    Overseas property news

    With regard to the COVID – 19 outbreaks, the Chinese economy was once hit hard. Tracking the effective control in spread of the diseases lately, the government is actively investing in infrastructure projects, hoping to gradually boost the economy and create more job opportunities. In order to gradually achieve this goal, the Mainland government is ready to promote measures, including a pilot public real estate investment trust funds (REITs) for infrastructures. At present, market appears to favour pilot REITs regions to be situated in areas, including the recent years’ red-hot location – the Greater Bay Area and Hainan.
  • Taiwan’s Boost in Investor Interest from Hong Kong

    Overseas property news

    Taiwan is often in the spotlight for unfortunate reasons, like the WHO excluding the island nation from COVID-19 research despite it getting the pandemic under control quicker than most.
  • Macao’s Retail Market Under Pandemic

    Overseas property news

    Plagued by the global pandemic, retail market performance of Macao has been jaded since December 2019. Over the first three months of 2020, government statistics showed a record-low of 54 retail transactions and the total transaction value dropped to MOP 695 million. The figures declined by 53% and 35% q-o-q, respectively. In regards to the leasing performance, the average rental discount was about 20% to 30% in the quarter, while certain shops suffered a significant 60% rental cut near the tourist spot Ruins of St Paul’s Cathedral.
  • The Road to Recovery for the Retail Property Market

    Overseas property news

    In our previous column, we did an analysis of how the Government Work Report 2020 could affect Mainland China’s real estate market in terms of the overall economic and regional planning for the coming twelve months. This column will continue to interpret the potential impacts of the Government Work Report on Mainland China’s retail property market. The data indicates that domestic demand has become a major factor in the economic growth of Mainland China in recent years and the average contribution rate to China’s economic growth in 2018 and 2019 was more than 65%.
  • A Middling Mid-term

    Overseas property news

    2020 is going to go down as a year to remember if the mid-year state of APAC property markets is any indication.
  • Pressure of Office Rent Subsidies in Q2 as Covid-19 Eases

    Overseas property news

    After observing the development of COVID-19 and employment of government control measures, we can see the virus has had a short-lived impact on the office market in first-tier cities. The market is dependent on the policy measures that were introduced by respective governments which include reduction or waive of rental payments for a few months. Apart from the effects of COVID-19 and a slowdown of the macro economy, it is expected that there will be new offices entering the market which could lead to a further increase in first-tier cities’ overall vacancy rates. Nonetheless, the second quarter’s downward pressure in rents will depend on the ease and prevention of COVID-19.
  • Mainland China Property Prices to Stabilise in Q3

    Overseas property news

    As we enter the second quarter of the year, the production and operation of Chinese enterprises have gradually improved. Among them, there has only been a slight pull back in the manufacturing industry, after a sharp rebound in the resumption of production in April.