Luxury Real Estate Blog and News

Developers are hoarding flats, aggravating Hong Kong’s home shortage

June 20, 2018 - Hong Kong
A group of developers in Hong Kong are disputing suspicion that they are hoarding flats, an act anathema to the government’s efforts to address the housing affordability crisis.

New Zealand softens ban on foreigners' home ownership

June 19, 2018 - New Zealand
New Zealand's government has softened its stance on foreign ownership of homes, rewriting a proposed law banning non-residents from investing in housing.

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.

Experts fear potential real estate bubble in Vietnam

May 24, 2018 - Vietnam
Recent reports of land fevers have raised concerns over the possibility of a real estate bubble in Vietnam similar to the historic one in 2008.

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.