Luxury Real Estate Blog and News

US government sells Hong Kong mansions amid tensions with China

September 11, 2020 - Shouson Hill
The US government has sold a set of consular residences in Hong Kong’s southern District to Hang Lung Properties for HK$2.6 billion ($331 million).

Sales of luxury Hong Kong homes plunge to four-year low

September 07, 2020 - Hong Kong Island
The sales of luxury homes in Hong Kong plunged to a three-year low in the first 6 months of 2020.

Dubai’s real estate activity is ‘impressive’ despite the virus

September 02, 2020 - Dubai
Despite the global pandemic, Dubai has seen “impressive levels” of real estate transactions over the past few months.

A quarter of San Francisco home sellers are dropping their prices

August 31, 2020 - San Francisco
Redfin is reporting this week that a quarter (24.5%) of San Francisco-area home sellers cut their list prices during the four weeks ending August 2020.

Spain's property market heading for second crash in a decade

August 06, 2020 - Spain
The US$6 trillion real estate market in Spain could soon face another crash, experts say.

Causeway Bay Shop Sold at 73% Loss

August 05, 2020 - Causeway Bay
Hong Kong’s retail property market is bracing for turbulent times as a street front shop in the world’s most expensive shopping district was sold at a 73% loss.

Property prices in Portugal unaffected by coronavirus

July 28, 2020 - Portugal
The average price of properties for sale in Portugal fell just 0.8% between April and May.

Rental price drops in Italy the worst in Europe

July 27, 2020 - Italy
Rental prices on one bedroom apartments have dropped throughout Europe due to the COVID-19 pandemic.

Canadian house prices have declined by 10%

May 25, 2020 - Canada
House prices in Canada have fallen by 10% due to the COVID-19 induced lockdown, data from the Canadian Real Estate Association shows.

Macau residential market under challenges

May 12, 2020 - Macau
Residential property transactions in the first quarter of the year were at the lowest levels since 2009, according to data from Macau’s Financial Services Bureau.