bullish
Asia Real Estate Tracker (18-Mar-2025): Henderson Land founder Lee Shau-Kee dies at 97.
SUMMARY
- Lee Shau-Kee, the founder of Henderson Land, has passed away at the age of 97, leaving a significant legacy in the property industry.
- Despite stimulus efforts, the Chinese property market continued to decline in February, posing challenges for investors and developers in the region.
- Singapore experienced a surge in home sales, driven by demand for suburban projects, while M&G remains optimistic about the Japanese multi-family market and Australian student accommodations.
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