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International Property

International Property
Latest news and features on international property, including developers, buying habits and property price trends.
last updated:
9 September, 2024
View of residential buildings in Mid-Levels and The Peak, two sought after addresses in Hong Kong. Photo: Nora Tam
Hong Kong property

Outlook for Hong Kong’s high-end homes to brighten in 2025

Luxury property prices to rise as much as 5 per cent next year, with rents also set to increase by the same level, Ricacorp’s Derek Chan says.

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Serbia

Chinese firms seek European base for factories amid trade tensions, tariffs

China property

Dubai developers escalate efforts to sell properties to rich Chinese

Architecture and design

Inside 740 Park Avenue, where NYC’s richest make their homes

The storied art deco building opened its doors in the 1930s and has played home to many a famous resident. Now a hotspot for finance magnates, a unit in this building costs almost US$50 million

740 Park Avenue is both a storied and ultra-exclusive New York City address. Photos: @brownharrisstevens, @francine.crocker.properties/Instagram
India

India’s luxury property market booming despite economic slowdown

Sales of luxury properties in India priced at US$470,000 and above surged by 37.8 per cent in January-September, according to real estate firm CBRE.

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SCMP Exclusives

Exclusive | Rosewood Hotel Group targets Chinese travellers in Middle-East expansion

Hong Kong-based Rosewood Hotel Group was among the pioneering hoteliers to recognise the growing significance of the Middle East.

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Asia housing and property

Chinese investors advised to tread carefully in Thai property market amid scams

Foreign buyers face legal hurdles and scams, risking significant financial losses, according to Thai law firm.

Chiang Mai in northern Thailand has become a popular real estate investment hotspot for overseas investors. Photo: Shutterstock
Hong Kong property

Hong Kong outshines Singapore as demand for flexible office space grows: report

Bengaluru and Makati are the hottest spots as demand surged by 107 and 47 per cent, respectively, according to a study.

Banking & finance

US banks face rising distress as commercial property values slump

Smaller US banks ramp up loan modifications amid slumping commercial property values.

China property

Swire sees robust demand for flats at first mainland China residential project

Swire Properties said 94 per cent of the units at a residential project in Shanghai were sold.

A rendering of the Lujiazui Taikoo Yuan Residences. Photo: Swire Properties
Hong Kong property

Hong Kong’s hotel industry faces ‘worrying’ troubles in tax and Trump

A 3 per cent tax on hotel guests on January 1 and looming troubles from the Trump presidency could undermine the city’s tourism sector.

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Travellers at the arrival hall of the Hong Kong International Airport in Chek Lap Kok. Photo: Elson Li
Property investment

La Défense, Europe’s largest purpose-built business district, seeks Asian investors

Around 15 per cent of the office space in the business district is currently vacant because of weak demand.

Hong Kong property

Hong Kong property deals hit 7-month high, but December slowdown looms

Some 7,689 real estate transactions worth US$8.2 billion were completed last month, according to the Land Registry.

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Luxury Hotels

Hongkongers pour fresh capital into Japan’s booming hospitality sector

The favourable view of Japan’s hospitality sector is underpinned by the country’s improving economic prospects.

Skiers take a view of snow-capped Mount Yotei in Niseko, a town in Hokkaido, Japan. Photo: Shutterstock
Singapore

Singapore spillover of data centres benefits Malaysia’s Johor

The trend comes ahead of an expected announcement of a special economic zone between both sides.

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The surge in data centre business in Johor has also driven up property transactions in the Malaysian state. Photo: EPA-EFE
China

Citic enlarges Saudi Arabia footprint with 3,500-flat Riyadh project

The project, also called Khuzam Hills, comprises several phases, the first of which is scheduled for delivery in 2026, according to the website of Citic’s partner Rafal.

Hong Kong property

China, Singapore key to Hongkong Land’s US$10 billion asset disposal goal

Analysts approve the developer’s ‘strategic pivot’, but caution that execution remains key to its success.

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Property financing

Why Trump election is good and bad for Chinese property investors in the US

Trump tax cuts, tariffs will keep interest rates high, but current owners will benefit from his presidency.

Donald Trump pointed to supporters in West Palm Beach, Florida, on election night. Photo: Getty Images via AFP
Architecture and design

Man caves: the members’ club you’ll never be turned away from

Miami-based interior designer Alfredo Paredes; Guillaume Coutheillas, founder of design firm FrenchCalifornia; and Benjamin Paulin of Paulin Paulin Paulin discuss trends in the trendiest of rooms

Hollywood

Meet Anita Verma-Lallian, who just moved into Matthew Perry’s LA home

The Arizona businesswoman and Kamala Harris supporter is known for running Camelback Productions and Arizona Land Consulting, and recently moved into the late actor’s home after an off-market purchase.

Hong Kong property

As Hong Kong and Singapore age, health businesses loom larger in property market

As the average age in Hong Kong and Singapore rises, landlords and developers need to become more in tune with the medical industry.

People cross the street in Central. Photo: Eugene Lee
Malaysia

Kuala London: aspiration, class and the Malaysian dream of a British education

In a country still shaped by its colonial past, the pursuit of a UK education by Malaysia’s elites reveals a stark opportunity gap at home.

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Illustration: Huy Truong
Business of climate change

Li Ka-shing companies to store 1 million tonnes of carbon dioxide in Australia

The agricultural property in Australia is three times the size of Hong Kong.

Hong Kong property

Hong Kong home foreclosures will remain on upswing in fourth quarter: Centaline

Hong Kong home foreclosures will remain elevated in fourth quarter: Centaline.

Hong Kong property

Hongkong Land seeks US$10 billion from asset reshuffle, eyes high-end market

Strategic pivot aims to ‘ultimately’ double its profit before interest and tax and grow its assets under management to US$100 billion by 2035.

“This is not a pivot because of financial reasons,” CEO Smith says. “This is a business strategic pivot”. Photo: Xiaomei Chen
Redefining Manila’s skyline

Redefining Manila’s skyline: new ultra-luxury residential tower raises the bar in real estate

The Estate Makati, in the heart of Manila’s main business district, represents the best in premium modern living.

A rendering of The Estate Makati shows the cruciform configuration of its design, maximising views from every unit.
India

Could India surpass China as an Asian real estate investment hotspot?

India’s booming economy and growing demand for office space are making it a magnet for many global players.

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A sure path to EU residency

Unlocking Portugal’s golden visa through smart investment opportunities

Ando Living offers attractive investment and residency opportunities to Hongkongers looking to establish a foothold in Europe.

In partnership with:
Ando Living
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