Luxury Real Estate Blog and News
Dubai developer calls for property supply freeze
November 25, 2019 - DubaiDubai needs to halt all new home construction for one or two years to avert an economic disaster brought on by continued oversupply, according to one of its biggest builders.
Hong Kong property tycoon Lee Shau-kee officially passes baton to sons
May 30, 2019 - Hong KongLee Shau Kee, the city’s second-richest man, announced his plans to step down as chairman of Henderson Land Development Co. Tuesday.
Kai Tak’s third-largest oceanfront plot sells for a district record HK$12.6 billion
May 09, 2019 - Kowloon BayA consortium of six developers agreed to pay a record HK$12.6 billion for the third-largest plot of residential land on the former Kai Tak airport’s runway
Cambodian government wants to take back islands from inactive developers
May 02, 2018 - CambodiaDevelopers that have not made progress on planned projects in Cambodian islands will need to return their land parcels to the government, Prime Minister Hun Sen warned.
Over HKD 2.2 billion premium paid for office development on King Wah Road plot
December 30, 2016 - North PointHenderson Land Development has agreed to pay a land premium of HKD 2.218 billion, or HKD 6,728 per sq ft of GFA, for the change of land use right of the ex-Asia Cold Storage site on King Wah Road.
Cheung Kong Property wins Kau To plot at HKD 1.95 billion
September 21, 2016 - ShatinKau To residential plot in Sha Tin has been awarded to Cheung Kong Property at a high price of HKD 1.953 billion, or HKD 8,000 per sq ft of permissible GFA.
Beverly Hills meets Alabang in Megaworld's latest township project
November 25, 2014 - Metro ManilaReal estate developer Megaworld Corp has launched a Beverly Hills-themed township development in Alabang, Philippines.
Singaporean developer buys historic Tokyo property from Seiko
October 13, 2014 - TokyoCity Developments has acquired a prime freehold land site in Tokyo with historical significance, as it steps up its overseas expansion plans.
Mainland Chinese developers move in on Hong Kong market
July 02, 2014 - Hong KongSome Chinese real estate developers are pushing for more transactions in Hong Kong as the Mainland market slows down.
Developers negotiate price cuts in Singapore and China
June 16, 2014 - ChinaChinese and Singaporean developers are contemplating bigger price cuts in an effort to attract more homebuyers as domestic residential markets start to cool down.