• Fri
  • Oct 31, 2014
  • Updated: 1:06am

Anup Pankhania had to cut the offer price for flats he is developing in London's Bloomsbury district by as much as £500,000 (HK$6.24 million) because of a luxury-home tax that does not exist yet...

29 Oct 2014 - 5:28am

Singapore landlords are tapping the fourth-lowest local borrowing costs in Asia to fund record overseas purchases of hotels, office blocks and luxury apartments as property prices fall at home.

29 Oct 2014 - 4:37am

As recently as January this year, houses in Detroit, Michigan, were being touted for as little as US$1. This month, the stakes were raised - on behalf of an overseas owner, an agent was offering...

29 Oct 2014 - 5:28am

Google is accelerating a real estate deal spree, spending US$585 million to buy more than half of a Silicon Valley office park and agreeing to lease an entire campus in development to make space...

29 Oct 2014 - 5:28am

Sales of new single-family homes climbed to a six-year high in the United States last month, but a sharp downward revision to August's sales pace indicated the housing recovery remains tentative...

29 Oct 2014 - 5:28am

When Bobby Berk first started working as an interior home designer, the teenage children of his clients would stay in the background, deferring to the choices of their parents when it came to...

29 Oct 2014 - 5:28am

The Kenyan government is negotiating with local banks to reduce the interest lenders charge on mortgages to single digits as authorities try to make buying a home affordable in East Africa's...

29 Oct 2014 - 5:28am


Today's Poll

  • Yes: 68%
  • No: 32%
30 Oct 2014
  • Yes
  • No
Total number of votes recorded: 484

It was, by his own account, a chance encounter that turned former soldier Kushal Pal Singh into the man who built a city from nothing and made billions.

22 Oct 2014 - 5:16am

London home sellers raised asking prices by the most in more than a year this month as a seasonal surge in demand led a rebound in the capital's property market.

22 Oct 2014 - 5:16am

The new administrative measures for outbound investment issued by the Ministry of Commerce came into effect on October 6.

22 Oct 2014 - 4:58am

Almost a third of the home loans written last month by a mortgage provider in Australia part-owned by Macquarie Group were to Chinese investors, the chairman of the firm said.

22 Oct 2014 - 5:28am

The drop in mortgage rates below 4 per cent has cut into Debra Shultz's sleep. The New York City banker is busier than she has been in months, working with three dozen homeowners eager to lower...

22 Oct 2014 - 5:16am

In a week when stock markets were roiled over concern that the global economy is faltering, homebuilders in the United States had the biggest gain in almost nine months.

22 Oct 2014 - 6:30am

There's nothing like uncertainty to set markets wobbling, and Britain's property sector is no exception.

22 Oct 2014 - 5:16am

Outbound property investment from China may set a fresh record this year after Beijing's move to simplify approvals, according to Cushman & Wakefield, the world's largest private real estate...

22 Oct 2014 - 4:59am

Mainland investors have acquired seven Australian hotels worth more than A$197.8 million (HK$1.3 billion) this year, accounting for 28 per cent of transactions by value.

22 Oct 2014 - 5:04am

Builders started work on more homes in September and American consumers this month were the most optimistic in seven years, signalling the US economy will ride out a global slowdown.

20 Oct 2014 - 5:39am

Canadian concerns about a housing bubble are overblown in a country where credit growth is modest and the job market is stable, says Bank of Nova Scotia chief executive Brian Porter.

15 Oct 2014 - 5:09am

John Purnell, 75, and his wife Patricia, 72, moved into a factory-built house in a converted trailer park west of Sydney this year, eschewing traditional retirement communities and other homes in...

15 Oct 2014 - 5:09am

The Greek fund charged with selling state assets will attempt to raise €400 million (HK$3.89 billion) by securitising real estate in a move designed to attract investment to the debt-stricken...

15 Oct 2014 - 5:09am

London house prices dropped for the first time in almost four years and the outlook for the city's property market is fading, according to the Royal Institution of Chartered Surveyors.

15 Oct 2014 - 5:09am

The Silk Road is probably the oldest expression relating to the opening up of business channels between Asia and the West. The expression and the concept have certainly evolved through the...

15 Oct 2014 - 11:48am

Beijing's latest move to simplify approval procedures for outbound investments will put mainland investors in a more competitive position in the global market and speed up the pace of investment...

13 Oct 2014 - 4:02am

Singapore's listed developers and real estate investment trusts face their heaviest burden of near-term maturities on record just as home prices drop.

13 Oct 2014 - 4:52am

It was once the headquarters of the Cadbury confectionery company in England, the place where the famous Milk Tray brand of chocolates, among others, was said to have been invented.

11 Oct 2014 - 3:18am

In Asia's real estate market, deal making just hit a record. More is coming. Property deals in Asia reached a record US$34 billion last quarter, a turnaround from the global financial crisis.

10 Oct 2014 - 6:07am

Twenty-one cranes loom over the south bank of the River Thames. Here, in the biggest concentration of residential projects in London, developers are steaming ahead just as prices are starting to...

8 Oct 2014 - 7:16am


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