Luxury Real Estate Blog and News

Realtors abandoning China's resort island as sales plunge

June 15, 2018 - Hainan
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

June 14, 2018 - 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.

Tax to be imposed on idle flats in Hong Kong

June 12, 2018 - 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.

Hong Kong private home prices rise 25 consecutive months

June 05, 2018 - Hong Kong
Hong Kong's private home prices rose for 25 consecutive months.

Hong Kong’s record property prices push more millennial into mortgage debt

May 30, 2018 - Tseung Kwan O
Hong Kong’s millennials, fearing that they will soon be unable to afford property in one of the world’s most expensive cities, have joined the real estate rush.

Luxury home prices in Monaco soar due to lack of development

May 28, 2018 - Monaco
Chronic dearth of stock is keeping prices afloat in the the Principality of Monaco, a new report by Savills says.

Hong Kong homes overvalued, says IMF

May 14, 2018 - Hong Kong
The International Monetary Fund said homes in Hong Kong are overvalued, but ruled out a crash in prices despite expected hikes in interest rates, saying demand remains high and supply limited.

Seoul tops list of world luxury house price rankings

May 11, 2018 - Seoul
Knight Frank’s report noted that Gangnam, known as the “Beverly Hills” of Seoul, is “still seeing strong speculative activity,” helping boost luxury-home prices in the city overall.

Property prices soar in Chinese city bordering North Korea

May 07, 2018 - Dandong
Property prices in the city of Dandong have skyrocketed since North Korean leader Kim Jong Un visited Beijing in March, Chinese media reported.

Mini housing market boom in Scotland

April 24, 2018 - Scotland
Property price growth in Scotland is soaring ahead of the UK with an annual rise of 7.3% in the 12 months to February 2018 and values up 2.3% month on month, the latest index shows.