Luxury Real Estate Blog and News
London house prices have fallen for the first time in eight years - and prices across the UK rose by just two per cent, the slowest increase since June 2013.
Singapore’s home prices rose for the first time in 4 years, snapping a record run of declines and confirming recent signs that the property market is rebounding.
Tseung Kwan O
A 1,670-sq-ft duplex unit of Phase IIIB of The Wings in Tseung Kwan O was sold together with a podium and a swimming pool for HKD 48.096 million, or HKD 28,800 per sq ft of saleable area on Sunday.
A high-floor unit A in block 1 of Stars by the Harbour in Hung Hom, with a saleable area of 1,408 sq ft, was recently leased at a monthly rent of HKD 85,000, or HKD 60.4 per sq ft.
Hong Kong’s top official has raised the property stamp duty for the second time in three years to tame soaring real estate prices in the world’s least affordable major city.
San Po Kong
The Housing Authority plans to sell units of its first Green Form Subsidised Home Ownership Pilot Scheme (GSH) project to Green Form residents at 40% discount.