Londoners forced to rent will fuel boom in apartment investment

More people will have to rent in London. Photo: Bloomberg

Londoners are increasingly becoming tenants whether they like it or not after the British capital's average home price passed £500,000 (HK$6 million) last month.

Wednesday, 12 June, 2013, 4:07am

Manhattan apartment rents rise sharply, close on record

Manhattan rents close to hitting new high

The median monthly rent climbed 6.7 per cent from a year earlier to US$3,195, according to a report last week by appraiser Miller Samuel and brokerage Douglas Elliman Real Estate. The number of new leases signed was up 10 per cent year on year at 3,697.

17 Apr 2013 - 5:31am

Hong Kong investors take a shine to UK student studio flats

More and more Hong Kong investors are turning to a new type of British property asset: student studio apartments.

Located in purpose-built blocks or converted buildings, student studio apartments can be purchased for less than £50,000 (HK$586,000), making them less costly to buy than most mainstream British homes.

20 Mar 2013 - 5:22am

Mumbai vegetarians attempt to keep meat-eaters out of apartment blocks

Malabar Hill is an affluent area of Mumbai and has some the city's most expensive real estate. Photo: Bloomberg

Mumbai's vegetarians can be a pushy lot, commonly using their clout to prevent meat-eaters from renting or buying flats in the complexes where they live. The aim is to turn their apartment blocks into vegetarian enclaves.

8 Dec 2012 - 3:34am

An eco-friendly lifestyle

Gateway Apartments use LED light bulbs.

Showering instead of taking baths and minimising the use of air conditioners are a few of the things we can do at home to protect our planet. Some serviced apartments are also adopting green measures to help residents reduce their carbon footprints.

Located in the heart of Tsim Sha Tsui, Gateway Apartments has a 200-square-metre solar panel system.

21 Sep 2012 - 11:08am

Bid to increase HK housing supply by making factory conversions easier

Carrie Lam aims to overcome obstacles. Photo: Felix Wong

The government will relax the building and town planning rules to make it possible to convert old private industrial buildings into "transitional accommodation" to help the housing supply.

8 Sep 2012 - 2:50am

Demand for luxury flats to rent still strong, Kerry Properties says

Three flats in the luxury Tavistock development on Tregunter Path, Mid Levels, are available for leasing. Photo: Jonathan Wong

Demand for luxury rental properties remains strong, with Kerry Properties re-leasing flats in its "super deluxe" Tavistock development in Mid-Levels at a 30 per cent premium on expiring leases.

22 Aug 2012 - 2:22am

How subdivision of flats yields higher profits

Subdividing of old flats, like those in Sham Shui Po, is rife.

Demand for subdivided flats has mushroomed over the last decade, bolstered by immigration from the mainland and a recognition among owners that subdividing flats could make for big profits, says Institute of Surveyors spokesman Vincent Ho Kwok-kwan.

Older buildings are easier to subdivide than new ones, he says, making Sham Shui Po a hub for low-income housing.

19 Aug 2012 - 10:26am

CHIC and luxurious

Chic apartments in convenient locations are selling like hot cakes at premium prices, as investors target single-block luxury flats.

15 Aug 2012 - 10:54pm

Thinking outside the box for storage solutions

The problem of storage is something of an absurdity in Hong Kong. Despite a common lack of storage, shopping remains a prime pastime for many here. Something has to give.

But apartments won't suddenly double in size and the city's passion for fashion doesn't show any signs of abating. Which is why many rely on interior designers for solutions.

15 Aug 2012 - 10:43pm

HOME comforts

Business executives on solo assignments are a key segment of the serviced apartment market, but people forget their needs are just one part of the sector's overall picture.

20 Jul 2012 - 12:00am

SAFE haven

Research by Knight Frank has found the Singapore government's cooling measures are working. Lending restrictions, additional taxes and protection from 'hot foreign money' have indeed slowed sales figures and lowered prices.

20 Jul 2012 - 12:00am

Poor thrown aside in flats crackdown

Hongkongers were relieved when the government cracked down on old buildings jammed with illegally partitioned flats early this year. Two deadly fires last year had roused public concern, and the forced demolition seemed reasonable - except to many of those who were forced to leave their humble homes.

16 Jul 2012 - 12:00am

Creative designs for modern lifestyles

Companies go to great lengths to achieve the right look and feel for serviced apartment interiors, with a view to combining style, function and the best possible use of space. In doing this, the guiding principle may be to adopt a distinct design theme and palette throughout, or allow for greater flexibility and individual choice.

13 Jul 2012 - 12:00am

Public Eye

Development minister needs to fall on his sword

11 Jul 2012 - 12:00am