Luxury Real Estate Blog and News

Jones Lang LaSalle India enters Sri Lanka market

October 12, 2011 - Sri Lanka
“Jones Lang LaSalle is opening a full-fledged operations branch in Sri Lanka. It is the first IPC to venture out into this lucrative country, based on its findings that Sri Lanka is a real estate boom unfolding even as we watch,” said Alastair Hughes, CEO of Jones Lang LaSalle Asia Pacific.

Property prices boom in smaller Chinese cities

June 28, 2011 - Nanchang
The real estate boom in China is shifting from the two biggest cities of Beijing and Shanghai as government measures to curb the market haven’t kept prices from rising in secondary cities.

Hong Kong introduces new down payment rules

June 14, 2011 - Hong Kong
Hong Kong’s Monetary Authority has taken further steps to cool the booming property market for the fourth time since October 2009.

Hong Kong mulls more cooling measures

June 11, 2011 - Hong Kong
Hong Kong’s booming property market sees the city’s de facto central bank preparing plans to further tighten mortage lending in an attempt to stabilize prices that have soared since 2009 to record prices.

Peak price of $75m for French consul's home in Hong Kong

June 07, 2011 - The Peak
The French government has cashed in on Hong Kong's property boom by selling its Hong Kong consular residence for 74.5 million US dollars, a news report said Tuesday.

Kabul sees property prices rise up to 75% in a year

December 01, 2009 - Afghanistan
It is a war torn city where militant Taliban insurgents regularly explode bombs but Kabul, the capital of Afghanistan, is also experiencing a mini property boom, according to reports. According to local estate agents prices in some parts of Kabul have risen by 75% in the past year. Part of this is due to the fact that international agencies are willing to pay to acquire properties in the best locations but also wealthy Afghans are buying again having had their fingers burned in badly hit real estate markets such as Dubai.