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Asia housing and property

Asia housing and property
Latest news and analysis about housing and property in Asia, covering sales, market outlook and investment trends, policies related to affordability and foreign ownership, and the performance of developers.
Cinda McClelland Reynolds of Tory Burch transformed her Mid-Levels rental flat with a splash of colour. Photo: Eugene Chan
Architecture and design

American expat transforms Mid-Levels flat with a splash of colour

Cinda McClelland Reynolds summoned her passion for colour, art and eclectic furniture to turn a white box into a visually stunning space.

International Property

The View | Asia’s commercial property market growing in diversity and complexity

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China property

China’s home prices drop for 21st straight month as property recovery remains elusive

Hong Kong property

China Vanke’s Hong Kong unit sees strong flat sales despite mortgage concerns

The embattled developer has sold 223 of the 228 flats on offer at its Le Mont residential project, according to agents.

Potential buyers queue up for China Vanke’s Le Mont residential project in Tai Po at its sales office in Cheung Sha Wan on Saturday. Photo: Nora Tam
Japan

The View | Why Asia property investors won’t stray from data centres and Japan playing

Fierce demand for digital infrastructure and Japan’s stability will remain highly attractive to investors looking towards Asia.

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Thailand

Thais riled by illegal short-term condo rentals amid tourist influx

Short-term stays competing with the hotel sector have resulted in noise, mess and constant stream of visitors in formerly quiet residential areas.

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Singapore

Boardroom battle among one of Singapore’s richest families sees adviser resign

Catherine Wu’s departure from City Developments follows accusations from the Kwek family about her interference in management decisions.

Kwek Leng Beng of City Developments Limited gestures at a press briefing with Las Vegas Sands Corp executives in Singapore in 2006. Photo: AFP
China's economic recovery

Where did all the Chinese investors in overseas property go?

Sluggish economy and real estate slump at home signal end to wave of overseas investment.

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Hong Kong property

Hong Kong’s weekend property sales soar to 4-month high after stamp duty cuts

Henderson’s Eight Southpark, Wang On’s Coasto, and Kerry’s Hava see strong sales following the recent reduction in stamp duties.

Hong Kong property

Hong Kong lived-in home prices fall to lowest point in 8 years in January

Some analysts express optimism that prices would bottom out in the first half of the year.

A man passes a real estate agency in Cheung Sha Wan. Photo: May Tse
China property

The View | China’s commercial property needs more than DeepSeek boost to recover

While the AI start-up’s success has prompted a reassessment of China’s stocks, policy support and stronger growth are needed to fix imbalances in the sector.

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A crane operator sits high above Nanjing Financial City’s construction site in Jiangsu province, on March 6, 2024. Photo: Xinhua
Architecture and design

How an 18th century Dutch house was restored by an ex-Hong Kong resident

Peter Harris fell in love with the building on his first stay there 20 years ago, when he was on holiday with his family.

Thailand

From ‘Ghost Tower’ to ‘Hotel of Doom’: Asia’s abandoned skyscrapers

These towering structures, once symbols of ambition, now stand as haunting reminders of economic turmoil and halted dreams.

Australia

Australia slaps 2-year ban on foreigners buying existing homes as prices soar

The restriction would likely free up around 1,800 properties per year for local buyers.

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Australia’s surging property prices will be a key election issue amid a broader cost-of-living crisis. Photo: AFP
Hong Kong property

4 Hong Kong developers submit bids for Tung Chung residential land

Government put the plot on the market in 2023 but withdrew it when bids were judged to be underwhelming.

Bernadette Linn Hon-ho, the secretary for development. Photo: Jonathan Wong
Australia

Ageing Australians face a homeless retirement as rents soar

Most Australian retirees who privately rent have been pushed into poverty and don’t have enough savings to keep paying, a new report shows.

International Property

Chinese buyers are buying more expensive properties in Australia

In the financial year that ended in June, people from China were the largest foreign investors in Australian residential properties.

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International Property

Hong Kong’s Gaw Capital buys Tokyo shopping centre for more than US$1 billion

Tokyu Plaza Ginza is one of the largest retail facilities in the Ginza district and has a couple of subway stations nearby.

The Tokyu Plaza Ginza shopping centre. Photo: Shutterstock
Indonesia

Russian Village closure spotlights struggle to safeguard Bali’s farmland

Case highlights ‘weak control’ over foreign investments, with parts of Parq Ubud compound built on protected rice fields and agricultural land.

China property

Chinese developer Sino-Ocean’s debt plan wins court approval in UK

The outcome potentially paves the way for the company to prevail in a liquidation lawsuit in Hong Kong later this month.

Singapore

The View | Why policy intervention in Hong Kong property can only go so far

Hong Kong’s property market is vulnerable to concerns about a hawkish Fed and mainland China’s recovery. Not so for Singapore’s domestically oriented market.

Property agents and potential buyers visit the sales office for a new residential development in Hong Kong’s Tuen Mun district, on February 1. Photo: Elson Li
Property investment

The View | Trump-driven uncertainty puts Asia’s property markets under pressure

Even safe havens such as Japan, Australia and Singapore are under scrutiny as a more challenging global economic landscape emerges.

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Pedestrians cross the street in the popular shopping district of Ginza, in central Tokyo, on August 16, 2024. Photo: AFP
International Property

Thai properties at risk as Chinese buyers spooked by safety, security woes

Chinese buyers have been the most active buyers of Thai properties among foreign investors, according to industry data.

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Viral stories

Japan man buys 200 decayed homes, gets US$900,000 in rent, captures attention

Investor with lifelong fascination for real estate quits stressful regular job to embark on property investment strategy which brings work-life balance.

Hong Kong property

Hang Lung Properties net falls on lower leasing profits, higher finance costs

Company says it faces headwinds in China and Hong Kong.

Hang Lung’s Plaza 66 in Shanghai. Photo: Hang Lung Properties
Hong Kong property

Shimao’s lender seeks private credit deal on US$1.3 billion loan

The loan, which matures on September 30, is backed by a complex in Hong Kong’s Kowloon Tong neighbourhood.

The Beacon Peak project by Chinese developer Shimao in Kowloon Tong, Hong Kong. Photo: Undated handout
Architecture and design

How this Hong Kong home pays homage to Tokyo ryokans

Japanese hotel Hoshinoya, which bridges tradition and modernity, provided the inspiration for this Sai Kung family home.

Hong Kong housing

New Hong Kong title deeds system should include existing owners: lawmakers

Legislators say land and property owners should be allowed to transfer their title deeds to new system.

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