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Featured News

Petra Ecclestone relists Los Angeles mega-mansion for $175 Million

British heiress and socialite Petra Ecclestone is relisting her sprawling Los Angeles mansion for $175 million, a $25 million discount from its original asking price. ​

Jackie Kennedy's childhood home sells for $43 million, setting a record

The home where Jacqueline Kennedy Onassis spent her teen years has been sold for $43 million to the government of Saudi Arabia.

Developers are hoarding flats, aggravating Hong Kong’s home shortage

A group of developers in Hong Kong are disputing suspicion that they are hoarding flats, an act anathema to the government’s efforts to address the housing affordability crisis.

New Zealand softens ban on foreigners' home ownership

New Zealand's government has softened its stance on foreign ownership of homes, rewriting a proposed law banning non-residents from investing in housing.

Realtors abandoning China's resort island as sales plunge

Home transactions in Hainan plunged 14 percent on the month and 41 percent year-on-year in May, according to real estate research firm CRIC.

Trump talks about the beaches and real estate potential in North Korea

US President Donald Trump heaped some praise on the real estate prospects of North Korea after his summit yesterday with its leader Kim Jong-un.

Second home ownership rises in Britain

A backlash against second home owners in England is gaining pace with people voting to make sure new homes are only able to be bought by local people.

Tax to be imposed on idle flats in Hong Kong

Sources say the Hong Kong government has decided to impose a vacancy tax on property developers that hold on to completed units, RTHK reports.