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Field notes from Guiyang

Inside Evergrande’s unfinished fairytale ‘castle’ and the long shadow of China’s property boom gone bust

An unfinished castle-style building standing at a deserted Evergrande Group resort development in Guiyang, Guizhou province.
An unfinished castle-style building standing at a deserted Evergrande Group resort development in Guiyang, Guizhou province.

UOB’s award against Lippo Marina Collection increased from $17.7m to $76.1m on appeal

The Marina Collection project developed by Lippo Marina Collection. The properties in the case were repossessed by the bank and rented out after the buyers defaulted on their loan payments.
The Marina Collection project developed by Lippo Marina Collection. The properties in the case were repossessed by the bank and rented out after the buyers defaulted on their loan payments.

News analysis

China’s property crisis grinds on after Evergrande sentencing

Millions of partially built properties sit derelict across China while a recovery in new-home prices in the biggest cities, like Beijing and Shanghai, has stalled.
Millions of partially built properties sit derelict across China while a recovery in new-home prices in the biggest cities, like Beijing and Shanghai, has stalled.

What property giant Evergrande’s court rulings mean for China’s economy

Evergrande founder Xu Jiayin was sentenced to life in prison in Shenzhen for fraud and other offences on Aug 20.
Evergrande founder Xu Jiayin was sentenced to life in prison in Shenzhen for fraud and other offences on Aug 20.

Hong Kong banks turn to student housing as property bright spot

Steady rental income from student dormitories generates 5 per cent yields.
Steady rental income from student dormitories generates 5 per cent yields.

Evergrande liquidators challenge Hong Kong watchdog in court

The case is a test of whether a Hong Kong court is willing to quash a regulator’s decision after legal pushback from creditors.
The case is a test of whether a Hong Kong court is willing to quash a regulator’s decision after legal pushback from creditors.

Businessman ordered to pay $7m after reneging on $8m share buyback promise in sale of workers’ dorm

The case centred on a 2015 deal involving the sale of a dormitory approved to house 320 workers, but was housing about 500.
The case centred on a 2015 deal involving the sale of a dormitory approved to house 320 workers, but was housing about 500.

‘They don’t simply open doors and earn five figures’: How much do property agents really earn?

Property agents Mervyn Ong from PropNex (left) and Semantha Soon from ERA like the entrepreneurial side of property sales, among other things.
Property agents Mervyn Ong from PropNex (left) and Semantha Soon from ERA like the entrepreneurial side of property sales, among other things.

My second crib: They own homes in Singapore. So why are they renting abroad?

Some Singaporeans are paying mortgages here while renting overseas, seeking greater freedom, lower costs and respite from fast-paced city life.
Some Singaporeans are paying mortgages here while renting overseas, seeking greater freedom, lower costs and respite from fast-paced city life.

News analysis

New rules for property agents likely to weed out inactive ones, help consumers make better decisions

The changes are part of an industry review to raise professional standards and improve transparency.
The changes are part of an industry review to raise professional standards and improve transparency.

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MDDI (P) 046/10/2025. Published by SPH Media Limited, Co. Regn. No.202120748H. Copyright © 2026 SPH Media Limited. All rights reserved.