Property
Property investors rush to cash in on ‘mini-HK’
(IT) HONG KONG — Investors are snapping up property near a proposed $45 billion business zone in the Chinese boom town of Shenzhen, betting that the government’s plans to further open its capital markets with a “mini-Hong Kong” will spur real estate values.
Taipei non-elevator apartment prices fall along with hopes for urban renewal
[ Taipei ]
(IT) A survey released by a brokerage firm yesterday found Taipei’s non-elevator apartments saw a severe price decline in June, as people became more pessimistic about the so-called “urban renewal projects,” where developers tear down old buildings and build new ones.
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