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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
Chinese EV maker Nio has leased nearly 10,000 square metres of space from CTP in Budapest. Photo: CTP
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

Architecture and design

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

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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Central Mumbai’s cityscape and skyline. Photo: Shutterstock
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.

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.

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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.

People crossing a busy street in Central business district, Hong Kong , in October 2024. Photo: Dickson Lee
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.

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.

Avenue Charles de Gaulle and the business district of La Defence, seen from Arc de Triomphe in Paris. Photo: Shutterstock
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.

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.

The exhibition booth of the Saudi National Housing Corporation at the Cityscape Global expo in Riyadh, Saudi Arabia on November 11, 2024. Photo: Instagram/saudinhc
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.

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.

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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

Man caves are trending and also changing, becoming more sophisticated as designers lean in to give them the air of a members’ club, office or home gym. Photos: Handout
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.

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.

Li Ka-shing, left, with son Victor Li Tzar-kuoi. Photo: Dickson Lee
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.

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.

In partnership with:
SM Development and Federal Land
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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India’s real estate is emerging on the radar of global investors. Photo: Reuters
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
United States

China Construction US unit hit with US$1.6 billion fine over Bahamas project

New York judge’s ruling turned on whether losses in 1,000-acre tourism project stemmed from excessive debt or construction delays.

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