Luxury Real Estate Blog and News

Cost of land to build prime homes in Asia still rising

October 05, 2016 - China
Prices of residential sites in Asia increased by 1.9% in the first half of 2016, down from 2.8% in the preceding six months.

Mainlander ratio in luxury market rises back to pre-"spicy tricks" level

October 03, 2016 - Hong Kong
The ratio of mainland buyer contribution has risen back to above 30% for total transaction volume in the primary luxury market as of 2Q2016.

New high prices at major estates

September 11, 2016 - Tin Shui Wai
A high-floor unit of City One Shatin was recently sold for HKD 4.16 million, or HKD 14,600 per sq ft, reaching a new high square footage price for the estate in the year.

More homes selling in Australia for over $1 million

September 09, 2016 - Australia
Fewer lower prices houses are being sold in Australia with the residential property market seeing more the number of $1 million plus home sales soaring.

Is there a bubble in Phnom Penh property?

September 07, 2016 - Phnom Penh
A surfeit in condominium supply continues to raise suspicions of a bubble encapsulating Phnom Penh’s luxury residential property market.

First batch of 2 new projects sold out

August 23, 2016 - Ma On Shan
2 residential projects, located in Ma On Shan and Shau Kei Wan, were launched in the past week.

Canadian home prices set to rise 8% in 2016

August 09, 2016 - Canada
With prices continuing to push higher in British Columbia and Ontario and sales hitting records, average home values are set to rise 8% in 2016 to $478,100.

King Abdullah Economic City sets up second home department

August 02, 2016 - Saudi Arabia
Saudi Arabia megacity, King Abdullah Economic City, has set up a new resale and rental property department to boost secondary sales.

Auckland residential rents up 5% year on year

July 25, 2016 - Auckland
Higher Auckland house prices are not flowing through directly into the rental market, with the city’s average weekly rents seeing year on year increases of around 5%.

Home sales in Hong Kong rise slowly in June

July 22, 2016 - Hong Kong
Residential property prices in Hong Kong stabilised in June with more activity mainly in the primary sector, as developers launched new projects with deep discounts and other enticements.