Hints and tips:
...over Chinese developers Sino-Ocean Group and Shui On Land....
...The Northern Metropolis is one of the largest real estate deals to materialize in years, with the government earmarking HK$100bn ($12.79bn) of investment so far....
...“Most buyers cross over from Notting Hill because they are priced out, or are upsizing [locally],” says Rosy Khalastchy of Beauchamp Estates, who introduced the buyers to Ian Green Residential, sole agent...
...“We had a buyer pull out for feng shui reasons,” he adds. “I think it was the way Crossrail was orientated.” It seems place-making can bring problems of its own....
...Estate agents have also been warned not to offer buyers ways of getting around purchase restrictions....
...A zigzag path — the function of which, according to the principles of feng shui, is not just to get you from the gate to the door, but to focus your attention on the moment and the place — leads across a...
...Paramount’s builders hired a feng shui expert who advised them on introducing the right earth, wood, metal, water and fire elements in the development....
...In the boom years, they scoured London to provide for everything the wealthy wanted, whether it was Georgian architecture or correct feng shui....
...Real estate companies posted some gains, despite huge inventories totalling more than 700m sq m....
...He has even picked out a 280-tonne piece of granite, hewn from the slopes of the sacred Mount Tai, that will sit on the new site in order to improve its feng shui and boost the bank’s fortunes....
...“Our strategy comes from a healthy respect for the cyclical nature of real estate and financial markets,” he says....
...The Hong Kong-listed shares of leading China-focused property companies such as Shui On Land and Evergrande Real Estate are down sharply since 2009....
...It’s exactly what Asian – and, in particular, Hong Kong Chinese – buyers want from London, says Robert Fraser, managing director of estate agency Fraser & Co, which is marketing Capital Towers....
...Vastu, like Chinese feng shui, is based on directional alignments....
...an audaciously ambitious real estate investment – in mainland China....
...“The Chinese and Japanese were the first wave of property investors,” says Mara Tep, co-owner of Rooftop real estate....
...What Set in a plot of 2,300 sq m, a newly built six-bedroom house with 900 sq m of feng shui-designed living space....
...involving several institutional investors plus Hong Kong-listed developer Shui On Land....
...Powerlong Real Estate, also listed in Hong Kong, has bonds due in 2015 yielding 18.5 per cent....
...Having been effectively locked out of the bond markets during the second half of 2011, Agile Property, KWG Property and Shui On Land have issued a total of $1.7bn of bonds this year and more of their peers...
...According to data collected from estate agents, mainlanders now account for 11-12 per cent of total property turnover in the city....
...signed, speeches made, fireworks lit and feng shui carried out on site....
...real estate is bought by Asian buyers for whom the “energy” of a house can be important – and vastu is already impacting on non-Asian design....
...This is particularly so for property companies, given Beijing’s desire to curb real estate prices and stem the flow of hot money into the country....
...“Prime properties in capital cities attract wealthy overseas buyers,” says Trevor Abrahmsohn, owner of estate agent Glentree Estates....
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