• Mon
  • Nov 24, 2014
  • Updated: 1:00pm
International Property

Philippines weighs up property cooling measures

The Philippine central bank is reviewing property loans data to determine whether cooling measures are needed to avert a bubble, Deputy Governor Nestor Espenilla said.

Wednesday, 1 May, 2013, 3:44am

Australia's housing investment 'won't fill' GDP gap from mining slowdown

Australian housing investment is unlikely to fill the void left in the nation's economic growth by a slowdown in the mining industry, says JPMorgan Chase.

1 May 2013 - 3:44am

Highs and lows across the region

So much has happened in the "post-Lehman" years. Among the good news for Asia-Pacific is that regional property markets have recorded the highest growth globally since 2008, with Hong Kong leading the pack with 82.6 per cent growth, followed by India with 61.7 per cent, Taiwan with 56.1 per cent, and the mainland (based on Beijing and Shanghai) with 49.2 per cent, according to Knight Frank.

1 May 2013 - 3:44am

Super-rich eye London's most expensive house

Wealthy Hong Kong and mainland buyers, who have been pouring their money into London's prime bricks and mortar, are now eyeing Britain's most expensive mansion. The house on Carlton House Terrace in central London has a price tag of £250 million (HK$2.95 billion).

24 Apr 2013 - 6:03am

German cities plan tighter rent laws

State governments that oversee housing rules in Hamburg, Berlin, Munich and other cities planned to make it illegal to raise rents by more than 15 per cent in three years, according to government officials.

24 Apr 2013 - 5:20am

Goodman to raise rents in Japan as land, building costs jump

Prices of land sites used for distribution centres and the cost of construction, which has increased as much as 20 per cent, are making development more expensive, said Paul McGarry, chief executive officer of Goodman Japan. Even as demand for modern warehouses and investor interest remain strong, the supply of such facilities will be limited, he said.

24 Apr 2013 - 5:20am

Sun shines on Miami real estate sector

Like the tide that laps Miami, Florida's famous coastline, the property cycle in America's "sunshine state" does tend to ebb and flow. The difference is that with real estate, you can never pick exactly when.

24 Apr 2013 - 5:20am

Council Tax changes in UK may hit Hong Kong property owners

Hong Kong owners of British property may find their costs rising following changes to local government charges which came into force last week. The charges, known as Council Tax, will be levied on all empty properties, including vacant rental homes. Occupied abodes will remain taxable in the same way as before.

17 Apr 2013 - 5:31am

Asking prices rise in UK amid shortage of homes on market

Prices sought rose 2.1 per cent this month from March to an average £244,706 (HK$2.9 million), the property-website operator said. In London they fell 0.5 per cent. Asking prices increased 6.9 per cent in the first four months of the year and were up 0.4 per cent year on year.

17 Apr 2013 - 5:31am

Manhattan apartment rents rise sharply, close on record

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

Singapore braces for further curbs after record home sales

Home sales rose to 2,793 in March, rebounding from a 14-month low in February and the highest since the Urban Redevelopment Authority started releasing the information in June 2007, according to data released today. Sales in February slumped to 712 units, the data showed.

17 Apr 2013 - 5:31am

Berggruen and partners betting 1 billion euros on distressed Portuguese assets

German-American billionaire Nicolas Berggruen and two Portuguese partners plan to spend as much as €1 billion (HK$10 billion) on real estate in the country, though they're not expecting to make a quick return.

17 Apr 2013 - 5:31am

Chinese investors eyeing Philippines

Disheartened by tight government controls in their domestic housing markets, investors from China, including Hong Kong, are looking overseas for alternatives. Among their targets is the Philippines, which posted one of Asia's highest economic growth rates last year.

10 Apr 2013 - 5:47am

'Modest' upward trend in UK house prices predicted

Prices rose 0.2 per cent from the previous month to an average £163,943 (HK$1.95 million), the mortgage unit of Lloyds Banking Group said. From a year earlier, values were up 0.3 per cent.

10 Apr 2013 - 5:47am

Office vacancies in Melbourne to surge amid glut, says Morgan Stanley

About 3.5 million sq ft of space is expected to come on the market between now and 2015 in Australia's second-biggest city, analysts led by Lou Pirenc wrote in a report.

10 Apr 2013 - 5:47am