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International Property

International Property
Latest news and features on international property, including developers, buying habits and property price trends.
CK Asset chairman Victor Li Tzar-kuoi. Photo: Handout
Hong Kong property

2 of Hong Kong’s biggest developers miss profit goals amid slump

‘The global economy is expected to remain challenging in 2025’, says CK Asset chairman Victor Li Tzar-kuoi.

Asia housing and property

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

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Property financing

American demand for overseas property, residency surges under Trump

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Millionaires and billionaires

Meet billionaire Vlad Doronin, the ‘Russian James Bond’ behind Aman hotels

Vladislav Doronin, CEO of the ultra-luxurious Aman Resorts, just sold his Miami-area home for a whopping US$120 million – so who is he exactly?

Vlad Doronin was born in Russia but left the country in 1986. Photo: Vlad Doronin/Facebook
New World Development

Hong Kong’s Chow Tai Fook, Far East Consortium bet on Brisbane casino resort

US$33 million deal with Star Australia plants flag in the Queensland capital, which is preparing to host the 2032 Olympics.

Mainland China

Hong Kong still among world’s top wealth hubs, according to Knight Frank report

There were an estimated 42,715 high-net-worth individuals in Hong Kong last year, making up around 0.6 per cent of the city’s population.

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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 property

Hong Kong’s New World to launch ‘Front Tower’ office building in Hangzhou

Beleaguered developer seeks to capitalise on a tech-fuelled revival in the eastern city’s property market.

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.

Hong Kong property

Hong Kong’s NWD to launch second State Pavilia offering after weekend sell-out

Developer to put an additional 88 units up for sale ‘in response to the market’s needs’.

Potential buyers gathered at the sales office for the State Pavilia project. Photo: Edmond So
Architecture and design

How luxury brands are creating residences as stunning as their fashion

Haute fashion maisons bring the luxe design ethos to every inch of these exclusive homes, from interiors to state-of-the-art gyms and pools.

Top design brands have honed in on the luxury homes market, offering residences that exude designer style inside and out. Pictured: an infinity pool terrace at Design Hills by Dolce & Gabbana, Marbella. Photo: Handout
Britain

Billionaire couple win refund after buying US$40 million moth-infested mansion

The seller was found to have known about the issue since 2018 but failed to tell Iya Patarkatsishvili and Yevhen Hunyak.

Property financing

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.

American cinema

Audrey Hepburn lived here: Swiss villa on market for US$21 million

Hollywood actress spent her last 30 years at 18th century farmhouse near Lake Geneva with extensive gardens, 8 bathrooms and 12 bedrooms.

La Paisible, the Swiss villa formerly owned by screen icon Audrey Hepburn, has hit the market. The actress owned the 18th century farmhouse near Lausanne from 1963 until her death in 1993. Photo: Knight Frank
Asia housing and 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
Architecture and design

Crazy new Dubai mega mansions cater to owners’ wild requests

Dubai developers are going to extraordinary lengths so that their luxury homes can compete with those in cities like New York and Hong Kong.

Tokyo

Tokyo’s prime office rents rise, but vacancy rates tell a different story

Rents for prime office space in Japan’s capital increased by 5.2 per cent in last year’s third quarter, the most in eight years.

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Mainland China

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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An aerial view of a luxury residential neighborhood in Bangkok. Photo: Shutterstock Images
China property

Embattled Chinese developer Vanke suffers Fitch Ratings bond downgrade

S&P Global also downgrades indebted builder’s bonds two notches on concerns about the company’s liquidity.

Property financing

Will higher school fees, new taxes turn Hongkongers away from UK properties?

Additional education fees, a new tax scheme and slowing growth in rental rates could turn Hongkongers away from UK property.

Singapore

As Singapore home sales surge, is the government ready to hit the brakes?

Singapore authorities have sought to calm the housing market by introducing multiple rounds of cooling measures in recent years.

In Singapore, more new homes were sold in the last quarter of 2024 than the first three combined. Photo: Reuters
TV shows and streaming video

US$83m house from Succession series among those destroyed in LA wildfires

The house, with six bedrooms and 18 bathrooms, was bought for US$83 million in 2021, and appeared in the season four premiere of Succession.

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Succession star Sarah Snook at the San Onofre estate in an episode that aired in 2023. Photo: HBO
Architecture and design

Why this British couple went for a ‘midimalist’ home in Bath

After moving back to the UK from Hong Kong, Kate Sbuttoni mixed Asian aesthetics with her global treasures, creating an eclectic home.

TV shows and streaming video

Breaking Bad house is up for sale if you have US$4 million to spare

Single-storey house in Albuquerque, New Mexico, where Walter White lived and which has become a magnet for TV show’s fans, is on the market.

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Artificial intelligence

Chinese AI firm SenseTime reduces office space in Singapore

The retreat underscores the competition faced by SenseTime in a new AI era, and the changing fortunes of Singapore’s prime office market.

Singapore’s skyline. Photo: AFP
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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View of residential buildings in Mid-Levels and The Peak, two sought after addresses in Hong Kong. Photo: Nora Tam
Serbia

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

European industrial real estate developer CTP expects increased demand from Chinese firms that do not want to get caught in the trade war.

China property

Dubai developers escalate efforts to sell properties to rich Chinese

Buyers are attracted to UAE city’s attractive rental yields and golden visa programme.

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