A luxury villa at the 15 Shouson development in Hong Kong Island’s Deep Water Bay has sold for HK$498.1 million ($63.7 million), breathing life into the ailing local housing market as the Year of the Dragon gets underway.
House 5… Read More>>
Condo in Singapore’s Orchard Area Leases for Record High Price
A condo in the Orchard Road area has leased for a record S$15.60 per square foot per month, setting a new high-water mark in Singapore’s apartment market with analysts seeing the potential for even pricier deals in the future.
An… Read More>>
Singapore Residential Rental Index Hits 24-Year High as Volume Rebounds
Residential rents rose at the highest rate ever recorded in Singapore during the third quarter, according to a new report by Savills analysing government data.
Leasing rates for landed and non-landed properties in the Little Red Dot surged 10.9 and… Read More>>
CapitaLand Investment to Double India Assets to $8B and More Asia Real Estate Headlines
In today’s roundup of regional news headlines, Singapore’s CapitaLand Investment announces plans to double assets under investment in India, a Hong Kong official throws doubt on a potential waiver of the stamp duty on home purchases, and buyers snap up… Read More>>
Singapore Ties With NYC for World’s Fastest Rising Housing Rents
Singapore has tied with New York City in recording the highest rental growth rate for luxury homes globally, according to a Savills report published Friday, as demand for urban living rebounds and a growing number of ultra-rich individuals are willing… Read More>>
Receivers Selling Kaisa Vice Chairman’s Villa for Reported $35M
A high-end home in Hong Kong’s Pok Fu Lam neighbourhood has been put on the market by receivers, with local media reports identifying its former owner as Mai Fan, vice-chairman and chief executive officer of Kaisa Group who had seen… Read More>>
Post-War Mansion on Hong Kong’s Peak Could Fetch Up to HK$6B
A Hong Kong property owned by the family of tin-mining tycoon Loke Yew has been put up for sale, with offers predicted to reach up to HK$6 billion ($770 million), according to market sources.
The 68-year-old mansion, which is being… Read More>>
Dyson Pays S$74M for Singapore’s Priciest Penthouse Ever
Britain’s pioneer of bagless vacuum cleaners and bladeless fans, James Dyson, has already broken new ground in his adopted home of Singapore, with the billionaire reportedly paying the highest price ever for an apartment in the city-state.
The man who… Read More>>
Pair of Houses on Hong Kong’s Jardine’s Lookout Sell for HK$1.1B
A pair of luxury homes at the Mount Nicholson project on Hong Kong’s Jardine’s Lookout have sold for a combined HK$1.1 billion, according to records posted on the development’s website, as buyers look for value prices on high end homes… Read More>>
Buyer Walks Away From HK$251M Luxury Home as Hong Kong Uncertainty Grows
Less than 10 days after agreeing to purchase a luxury home in southern Hong Kong island for HK$251 million ($32 million), an unnamed buyer has walked away from the deal, forfeiting a HK$12.56 million deposit, according to Hong Kong public… Read More>>