TO DISCUSS YOUR PROJECT OR LEARN MORE ABOUT OUR SERVICES:

  • This field is for validation purposes and should be left unchanged.

CHINA PROPERTY EXPLOSION Boiling Point For Luxury

Category: Tourism, Posted:03 Apr 2010 | 06:00 am

Reading a recent International Herald Tribune piece on China's growing real estate appetite, akin to being thrust into a trance like state and stuck into a micro wave set on 'high'. With talk of a USD45 million dollar house just put onto the market or an individual who bought 45 apartments in Shanghai in one day. With the broader property market grew 80% last year when most of the world continued to reel in self-pity.
Infrastructure continues to dominate the agenda with transportation experts predicting by the end of the next decade there will be more highways in China then the car crazed culture of the United States. At the same time as the feeding frenzy continues there are increasing questions about sustainability, market depth and perhaps rationalizing the speculation.
As for the 16 million US homeowners who day in and day out struggle with negative equity in their homes, meaning they owe more to the bank then the asset is even worth the stories must be fairy tale-like. The alter boom in Asia has created a surrealistic global property market. While China has now taken on the tragic mega project mindset such as floating cities, indoor sky slopes and grandiose skyscrapers; one can't help but think back to what history has shown in a little place called Dubai.

Other News

Read more

C9 Hotelwork’s Releases Philippines Branded Residences Report

Category: Real estate, Posted:25 Feb 2024 | 19:51 pm The Philippines branded residences market is experiencing a significant maturation, impacted by urbanization and a post-pandemic shift in lifestyle changes. The market is poised for a high level of growth. C9 Hotelworks newly released Philippines Branded Residences Market Update shows a 105% increase in the pipeline, translating to an additional 5,599 units supplementing the current […]
Read more

Phuket’s Largest Highway Interchange Expected To Attract Largescale Development

Category: , Posted:10 Feb 2024 | 09:42 am The release of plans for a massive highway interchange in North Phuket is spurring development activity in the Mai Khao area. A Mueang Mai interchange on the road leading to Phuket International Airport on the island’s main North-South artery will also have a  direct connection to the East Coast spur highway 4027.  (CLICK to see […]
Read more

GOCO Hospitality Inks Deal With Singapore Temasek to Expanded Wellness Resorts in Thailand and Southeast Asia

Category: , Posted:07 Feb 2024 | 10:33 am Leading Bangkok-based wellness group GOCO has signed a deal with Singapore’s Temasek private equity group via The Fullerton Fund. The injection of funds into GOCO is reportedly ‘high eight figures’ and will fund expansion in Thailand and Southeast Asia into hospitality assets. Two acquisitions are expected to be announced in March by Founder and CEO […]
SiaJai logo

Thailand's Leading Homecare Marketplace