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West-9-Zone-Kids

Retail a Bright Spot as Economic Slowdown Grips Hong Kong Property in First Half

West-9-Zone-Kids

2023/07/13 by Christopher Caillavet Leave a Comment

Rising interest rates and a waning economic recovery in China weighed on Hong Kong’s residential, investment and land markets in the first half of the year, but the retail sector picked up notably after the February border reopening, according to… Read More>>

Rising interest rates and a waning economic recovery in China weighed on Hong Kong’s residential, investment and land … Read more>>>

Paul-Chan-Budget-Speech

Hong Kong Eases Down-Payment Rules to Rouse Sleepy Housing Market

Paul-Chan-Budget-Speech

2023/07/10 by Christopher Caillavet Leave a Comment

Hong Kong’s central bank late Friday eased down-payment requirements for some home purchases, aiming to reboot the weak housing market after a prior relaxation of stress-testing rules failed to foster a sustained turnaround.

For residential properties for self-occupation, the new… Read More>>

Hong Kong’s central bank late Friday eased down-payment requirements for some home purchases, aiming to reboot the weak … Read more>>>

Three Garden Road Champion REIT

Hong Kong Office Market Continues to Contract in Q2 as Reopening Disappoints

Three Garden Road Champion REIT

2023/07/09 by Christopher Caillavet Leave a Comment

Occupiers in Hong Kong’s Grade A office market gave back 172,700 square feet (16,044 square metres) more than they took up in the second quarter of 2023, mainly due to downsizing by multinational companies in Tsim Sha Tsui and Central,… Read More>>

Occupiers in Hong Kong’s Grade A office market gave back 172,700 square feet (16,044 square metres) more than they took … Read more>>>

The Monetary Authority of Singapore (Getty Images)

Singapore Expanding Family Office Incentives to Keep Cash Local, Go Green

The Monetary Authority of Singapore (Getty Images)

2023/07/05 by Christopher Caillavet Leave a Comment

The Monetary Authority of Singapore on Wednesday expanded the island financial hub’s outreach to wealthy private investors by introducing new tax policies to nudge single family offices towards sustainability-focused projects and philanthropic works.

In remarks at a briefing on MAS’s… Read More>>

The Monetary Authority of Singapore on Wednesday expanded the island financial hub's outreach to wealthy private … Read more>>>

The Reserve Residences

Singapore Private Home Prices Fall for First Time in More Than Three Years

The Reserve Residences

2023/07/03 by Christopher Caillavet Leave a Comment

Singapore’s price index for private residential properties fell 0.4 percent in the April-June quarter compared with the first three months of the year, marking the first decline since the first quarter of 2020, according to the Urban Redevelopment Authority’s flash… Read More>>

Singapore’s price index for private residential properties fell 0.4 percent in the April-June quarter compared with the … Read more>>>

IOI Central Boulevard Towers

Singapore Office Rents Flatten in Q2 as New Projects Enter the Market

IOI Central Boulevard Towers

2023/07/03 by Christopher Caillavet Leave a Comment

Grade A office rent growth in Singapore’s central business district slowed for a third straight quarter and nearly ground to a halt in the April-to-June period of 2023, according to JLL.

Gross effective monthly rent for CBD Grade A office… Read More>>

Grade A office rent growth in Singapore's central business district slowed for a third straight quarter and nearly … Read more>>>

Cushman & Wakefield's Tom Ko

Hong Kong Commercial Property Investment Falls 45% as Interest Rates Sour Reopening

Cushman & Wakefield's Tom Ko

2023/06/20 by Christopher Caillavet Leave a Comment

Deal volume in Hong Kong’s commercial property market fell 45 percent year-on-year to HK$18.1 billion ($2.3 billion) in the first six months of 2023 as high interest rates continued to discourage investors, according to Cushman & Wakefield.

Despite a gradual… Read More>>

Deal volume in Hong Kong’s commercial property market fell 45 percent year-on-year to HK$18.1 billion ($2.3 billion) in … Read more>>>

The Reserve Residences

Singapore Home Sales Reach 12-Month Peak on Pair of City-Fringe Project Launches

The Reserve Residences

2023/06/15 by Christopher Caillavet Leave a Comment

Sales of new private homes in Singapore rose 17 percent in May to a 12-month high of 1,038 units, driven by a pair of project launches in the Rest of Central Region, according to data released by the Urban Redevelopment… Read More>>

Sales of new private homes in Singapore rose 17 percent in May to a 12-month high of 1,038 units, driven by a pair of … Read more>>>

David Faulkner ULI

Singapore Has APAC’s Highest Home Prices, Hong Kong Still Costs Double by Area

David Faulkner ULI

2023/06/04 by Christopher Caillavet Leave a Comment

Singapore’s private homes have surpassed Hong Kong’s as the most expensive in Asia Pacific with a median price of $1.20 million per unit, according to research by the Urban Land Institute.

Homes in Hong Kong cost an average of $1.16… Read More>>

Singapore’s private homes have surpassed Hong Kong’s as the most expensive in Asia Pacific with a median price of $1.20 … Read more>>>

Raymond Lawler_Hines Asia-Pacific CEO

Waseda University Students Win ULI-Hines Urban Planning Competition

Raymond Lawler_Hines Asia-Pacific CEO

2023/06/04 by Beatrice Laforga Leave a Comment

A group of university students from Japan won the first-ever Urban Land Institute (ULI) Hines Student Competition in Asia Pacific this past week with their proposal to implement an urban healthy living concept to transform Singapore’s Jurong Lake District (JLD).

… Read More>>

A group of university students from Japan won the first-ever Urban Land Institute (ULI) Hines Student Competition in … Read more>>>

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