• Fri
  • Dec 26, 2014
  • Updated: 11:40pm
International Property

Auckland Art Gallery Toi o Tamaki is seismic success with its Maori soul

The entrance to Auckland Art Gallery Toi o Tamaki. Photo: Patrick Reynolds

Australian architecture firm Francis-Jones Morehen Thorp (FJMT) looked upon Auckland Art Gallery Toi o Tamaki and saw beyond the walls, upon which artworks had been hung for more than a century, to gaze deeper into New Zealand's soul.

Wednesday, 23 October, 2013, 12:29pm

Canadian home prices up, frustrating Hongkongers waiting to buy

The Canadian Real Estate Association says sales rose 9.4 per cent last month from July last year, when mortgage lending rules were tightened and guidelines introduced.

Canada's housing market has long defied predictions of an imminent United States-style collapse, and Hong Kong investors waiting for a correction to buy will be disappointed by the latest data.

31 Mar 2014 - 5:22pm 3 comments

Branz Azabu Mamiana-Cho

Branz Azabu Mamiana-Cho

[This article is sponsored by Jones Lang LaSalle] This new development is a renowned project located in a historical place of Minato Ku.

7 Feb 2014 - 9:37am

Overseas developers tout property projects to Hong Kong investors

A project in the Cape Verde islands is being touted to Hong Kong investors at an exhibition in the city. Photo: SCMP

Exhibitors from Japan, Dubai and Canada - who promoted properties in Hong Kong several years ago - had returned, according to Hoi Cheung, managing director of Smart Expo, and some 50 offshore properties were on offer at an exhibition he organised in the city this week.

5 Jun 2013 - 4:40am

Carlyle Group sells prime office tower in Manhattan for US$1.3 billion

The tower at 650 Madison Avenue in Manhattan. Photo: Bloomberg

Carlyle Group's US$1.3 billion deal to sell 650 Madison Avenue will set a record based on the per-sq-ft price for the office tower, driven by its retail space in the heart of midtown Manhattan's Plaza district.

5 Jun 2013 - 4:40am

'Shadow' homes could burden US housing agencies, report says

'Shadow' homes could burden US housing agencies, report says

Well over a million US homeowners are months behind on payments on government-backed mortgages, raising the risk federal housing agencies will face the cost of managing a fresh flood of foreclosed homes, two government watchdogs say.

5 Jun 2013 - 4:40am

London luxury market takes a hit

A jogger on Wandsworth Bridge in London, where prices stumbled last month, particularly in the high-end market. Photo: Bloomberg

Luxury homes in central London had the smallest annual increase last month since December 2009 on a decline in the Knightsbridge area, the site of Christian Candy's One Hyde Park complex, Knight Frank said.

5 Jun 2013 - 4:40am

Mortgage foreclosures surge in Northern Ireland

The Ardoyne area in Belfast is becoming more and more popular as the Northern Ireland economy strikes hard times. Photo: Wikipedia

Belfast retail worker Chantal McCarthy never thought she would have to find a new home at the age of 57, but her husband lost his job as a builder three years ago and their finances have since spiralled downward.

5 Jun 2013 - 4:40am 1 comment

Auckland's market mystery

Auckland has become a hot spot for mainland investors. Photo: Thinkstock

Reports of Chinese buyers snapping up large numbers of Auckland properties have been greatly exaggerated, according to a leading economist. Auckland is clearly the target for Chinese buyers. Recent sales data shows that 19 per cent of overseas buyers of property in the north island's largest city are from China, adding more fuel to an already hot market.

5 Jun 2013 - 5:04am

Property industry professionals in Malaysia see big pay rises

Property industry professionals in Malaysia see big pay rises. Photo: Bloomberg

Malaysian real estate professionals reported a year-on-year salary rise of 33 per cent, according to the annual Asia Rewards & Attitudes Survey, a study by Royal Institution of Chartered Surveyors and Macdonald & Company that measures salary growth. Second in the rankings was mainland China, where real estate professionals saw their salaries grow 10.5 per cent.

29 May 2013 - 3:21am

Australian firm eyes Chinese investors for property trust

Phillip Nyssen, director and founder of Property Joint Ventures

Property Joint Ventures, an Australian firm, hopes to exploit the growing interest in offshore property investments among wealthy mainland Chinese by offering them an opportunity to invest in its privately-run real estate trust.

29 May 2013 - 3:21am

Malaysia's biggest developer, UEM, taps buyers in land-starved Singapore

Kuala Lumpur is benefiting from Malaysia's foreigner-friendly policies. Photo: Bloomberg

UEM Land Holdings, Malaysia's biggest developer by market value, will start selling 4 billion ringgit (HK$10 billion) of new residential and commercial projects this year, targeting Singaporean buyers.

29 May 2013 - 3:21am

Office market in Perth, Brisbane to slump, bank says

Office rents in Brisbane could fall 6.4 per cent by next year as vacancies rise. Photo: SCMP

Vacancies in Perth's central business district will surge to 17.5 per cent in the next three years from 6.5 per cent now, and in Brisbane will soar by about 10 percentage points to 23 per cent, analysts led by Lou Pirenc wrote in a note this week.

29 May 2013 - 3:21am

Housing is becoming less affordable in Vancouver and Toronto, bank says

Vancouver remains the least affordable city to buy a house in Canada. Photo: Bloomberg

The costs of owning a detached bungalow in Vancouver take up 82.3 per cent of a typical household's income, up 0.1 percentage points from the previous quarter.

29 May 2013 - 3:21am

US housing supply suffers with homeowners lacking equity to sell and buy elsewhere

Las Vegas is one the major metropolitan areas in the United States with the highest negative equity rates. Photo: Getty Images

Forty-four per cent of homeowners with mortgages owed more than their properties are worth or had less than 20 per cent equity in the first quarter, the Seattle-based real estate data company said in a report.

29 May 2013 - 3:21am