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China Resources Land

Exclusive | Hong Kong property: New World and China Merchants Shekou to jointly develop Northern Metropolis project

by Anas Siddiqui
Exclusive | Hong Kong property: New World and China Merchants Shekou to jointly develop Northern Metropolis project

State-owned conglomerate China Merchants Shekou Group has formed a partnership with New World Development to jointly develop a mixed-use project in the Northern Metropolis, with the residential component set to …

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China’s new home sales slide for 10th month with buyers sidelined, lending push failing to halt liquidity crisis

by Anas Siddiqui
China’s new home sales slide for 10th month with buyers sidelined, lending push failing to halt liquidity crisis

China’s property developers recorded another set of dismal operating results as new home sales tumbled for a 10th straight month, suggesting it would be premature to expect a turnaround in …

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China Resources Land posts 11.7% profit increase, sees stability ahead for property sector thanks to policy support

by Anas Siddiqui
China Resources Land posts 11.7% profit increase, sees stability ahead for property sector thanks to policy support

China’s troubled property market is on track for a gradual return to stability despite the many challenges it still faces, China Resources Land said as it posted another profitable year …

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China Resources Land reports slowest sales growth since 2015 amid housing slump while rental assets mitigate slowdown

by Anas Siddiqui
China Resources Land reports slowest sales growth since 2015 amid housing slump while rental assets mitigate slowdown

China Resources Land, a state-controlled developer, reported its slowest gain in sales since at least 2015, as the nation’s housing market extended a slump with buyers worried about defaults among …

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Hong Kong’s US$1.3 billion Northern Metropolis property JV shows CR Land and NWD’s support for city’s development, says chief

by Anas Siddiqui
Hong Kong’s US.3 billion Northern Metropolis property JV shows CR Land and NWD’s support for city’s development, says chief

The HK$10 billion (US$1.3 billion) property development venture with Hong Kong’s New World Development (NWD) in the Northern Metropolis area indicated Beijing-controlled China Resources Land’s (CR Land) support for Hong …

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Exclusive | State-owned China Resources teams up with Hong Kong’s New World to develop US$1.3 billion Northern Metropolis residential project

by Anas Siddiqui
Exclusive | State-owned China Resources teams up with Hong Kong’s New World to develop US.3 billion Northern Metropolis residential project

The site, covering an area of around 150,000 square feet in the southern part of Yuen Long, is expected to be developed into some 2,000 residential units. The total value …

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