• Fri
  • Jul 25, 2014
  • Updated: 8:13am
International Property

Overseas developers tout property projects to Hong Kong investors

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.

Wednesday, 5 June, 2013, 4:40am

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

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

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

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

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

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

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

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

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

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