A disgraced property tycoon leads the way in Mingtiandi’s roundup of real estate headlines today with the news that, nine months after completing a prison sentence for bribery, the real estate mogul is returning to the family business.
Hong Kong Home Prices Fall 1.4% in August and More Asia Real Estate Headlines
The struggles of Asia’s wealthiest city continue to dominate real estate news from around the region today as home prices in Hong Kong fell by 1.4 percent in August – their fastest decline of 2019. The performance by the Greater… 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>>
CK Asset Says Hong Kong Home Prices Could Drop 20% and More Asia Real Estate Headlines
Hong Kong’s second-largest developer just added an extra shot of uncertainty to the new year by predicting that housing prices could drop by a fifth this year as we make our daily survey of real estate news in the region,… Read More>>
Singapore Private Home Prices Drop in Fourth Quarter and More Asia Real Estate Headlines
Just two days into 2019, the world already looks much different than it had a few months before after Hong Kong’s office market last month came to a near standstill, and in Singapore prices for private homes suffered their first… Read More>>
Hong Kong’s New World Buys Insurer for HK$21.5B and More Asia Real Estate Headlines
It’s the end of the year and there have still been a few transactions to wrap up before we start 2019, with Hong Kong development titan New World inking a pair of monster deals in the dwindling days of 2018… Read More>>
Fosun Tourism IPO Scrapes Up $428M and More Asia Real Estate Headlines
Fosun Tourism Group went to market on Friday with its IPO, returning with a valuation of $2.44 billion, after pricing its shares at the low-end of the expected range. The lean listing for the owner of the Club Med resort… Read More>>
Singapore Hikes Stamp Duty by Up to 50% After 9% Jump in Home Prices
Singapore increased the Additional Buyer’s Stamp Duty (ABSD) and lowered Loan-to-Value (LTV) limits on Thursday, slamming the brakes on its housing market after statistics released earlier in the week showed home prices having jumped nine percent in the past 12… Read More>>
Singapore Home Prices Jump 9% in 12 Months — Set for Double-Digit 2018 Increase
Singapore residential prices rose nine percent on year and are close to all-time highs, according to a flash second-quarter price report issued by the city’s Urban Redevelopment Authority (URA) on July 2nd.
The latest jump in home prices moves the… Read More>>
Singapore Could See 10% Home Price Boom and More Asia Real Estate Headlines
Leading today’s Asia news roundup, Credit Suisse and Morgan Stanley project that Singapore home prices could rise by as much as eight or ten percent in 2018, as the city-state rebounds from a nearly four-year housing slump. Also in the… Read More>>
