A Russian buyer recently bought a seven-bedroom home at Hamilton Terrace in St Johns Wood for 25 million pounds. Photo: Aston Chase

Russians own US$10.7 billion of property in UK, says Aston Chase

New laws cracking down on ‘dirt money’ in response to Russia’s invasion of Ukraine will lead to a shift of wealth out of the UK capital, says the property agency.

1 Mar 2022 - 3:08PM

Who were the buyers of Hong Kong’s 5 priciest homes in 2021?

More record-breaking deals are expected in 2022, as developers tend to sell new luxury homes slowly to generate the highest price possible. Moreover, with the border with China expected to open in the new year, mainland buyers are expected to return to Hong Kong and drive up sales.

More record-breaking deals are expected in 2022, as developers tend to sell new luxury homes slowly to generate the highest price possible. Moreover, with the border with China expected to open in the new year, mainland buyers are expected to return to Hong Kong and drive up sales.

31 Dec 2021 - 1:30PM

Rising UK interest rates won’t lead to price drop anticipated by Hongkongers

Any interest rate hike in the United Kingdom is unlikely to have a significant impact on home prices, offering a limited upside for Hongkongers who are looking to move to Britain under the BN(O) scheme and buy property there, according to analysts and agents.

Any interest rate hike in the United Kingdom is unlikely to have a significant impact on home prices, offering a limited upside for Hongkongers who are looking to move to Britain under the BN(O) scheme and buy property there, according to analysts and agents.

17 Nov 2021 - 8:01AM

Singapore developer GuocoLand offers flats that double up as offices

As working from home goes mainstream amid the pandemic, a Singaporean developer has designed flats that enable owners to run an office from home.

As working from home goes mainstream amid the pandemic, a Singaporean developer has designed flats that enable owners to run an office from home.

10 Nov 2021 - 9:38AM

Hong Kong house prices fall by the most in nearly a year as buyers retreat

Lived-in homes prices fell 0.4 per cent in September, the most since October 2020, with market observers blaming the slump on weakening stock market sentiment.

Lived-in homes prices fell 0.4 per cent in September, the most since October 2020, with market observers blaming the slump on weakening stock market sentiment.

27 Oct 2021 - 11:12PM

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Pui O, on Lantau Island, was previously popular with airline employees for renting houses because of its proximity to the airport. Photo: Sam Tsang

Lantau’s popularity grows among bankers, lawyers as pilots desert island

Rents in Lantau have fallen by 10 to 15 per cent since the first quarter of last year as airline industry employees left in droves amid the downturn.

27 Oct 2021 - 11:05AM

Hongkongers relocating to the UK are abandoning inner London homes

Hongkongers relocating to the UK are now buying property outside inner London, their preferred investment destination.

Hongkongers relocating to the UK are now buying property outside inner London, their preferred investment destination.

28 Oct 2021 - 10:57AM

Trudeau’s plan to stop foreigners buying Canadian homes may ‘create more panic’

Trudeau, who is seeking a third term as prime minister during next week’s federal election, pledged on the campaign trail to impose a two-year ban on foreigners from buying homes in Canada.

Trudeau, who is seeking a third term as prime minister during next week’s federal election, pledged on the campaign trail to impose a two-year ban on foreigners from buying homes in Canada.

22 Sep 2021 - 4:29PM

Thai developers to auction flats online in attempt to overcome supply glut

Thai developers are trying to trim their inventory of unsold flats by auctioning them online next month. It may interest Hongkongers planning to emigrate or seeking cheaper retirement homes.

Thai developers are trying to trim their inventory of unsold flats by auctioning them online next month. It may interest Hongkongers planning to emigrate or seeking cheaper retirement homes.

12 Sep 2021 - 3:17PM

Hong Kong expats among emigrant populations most likely to leave

Expats living in Hong Kong are among emigrants populations globally that are most likely to go back and buy property in their home countries, according to a survey conducted by property consultancy Knight Frank.

Expats living in Hong Kong are among emigrants populations globally that are most likely to go back and buy property in their home countries, according to a survey conducted by property consultancy Knight Frank.

26 Aug 2021 - 10:24AM

Supply of luxury Hong Kong homes to hit new high after demand more than doubles

The supply for luxury homes in Hong Kong’s ultra-exclusive neighbourhood of The Peak is likely to hit its highest level since 2016, after demand spurred sales of mansions and high-end flats in the district by more than double in the 12-month period ending in June, according to Colliers.

The supply for luxury homes in Hong Kong’s ultra-exclusive neighbourhood of The Peak is likely to hit its highest level since 2016, after demand spurred sales of mansions and high-end flats in the district by more than double in the 12-month period ending in June, according to Colliers.

23 Aug 2021 - 9:22PM

Super-rich Australians help Sydney emerge as hottest luxury homes market

The absence of foreign homebuyers – including those from China – has not prevented Sydney from copping the crown of being the world’s top prime property market, according to Knight Frank.

The absence of foreign homebuyers – including those from China – has not prevented Sydney from copping the crown of being the world’s top prime property market, according to Knight Frank.

24 Jul 2021 - 1:20PM

London homes of the rich and famous draw Hong Kong buyers

Astute investors from Hong Kong see them as a sound investment whose resale value is likely to be boosted by their celebrity associations, according to property agency Aston Chase.

Astute investors from Hong Kong see them as a sound investment whose resale value is likely to be boosted by their celebrity associations, according to property agency Aston Chase.

12 May 2021 - 12:41PM

Growth in Shenzhen luxury home prices beats Hong Kong, London and New York

The soaring prices in Shenzhen have started to limit the options for affluent Chinese looking to upgrade their living space.

The soaring prices in Shenzhen have started to limit the options for affluent Chinese looking to upgrade their living space.

7 May 2021 - 11:42PM

Hongkongers have bought US$1.3 billion worth of London homes since July

Between July 2020 and March 2021, Hongkongers bought 1,932 units or 4 per cent of London homes, according to Marc von Grundherr of Benham and Reeves.

Between July 2020 and March 2021, Hongkongers bought 1,932 units or 4 per cent of London homes, according to Marc von Grundherr of Benham and Reeves.

4 Jun 2021 - 9:50PM

Developers go pet-friendly in designs amid shift in work-from-home policy

An increasing number of housing estates in Hong Kong are becoming more pet friendly in a nod to homebuyers and residents who have adopted cats and dogs during the coronavirus pandemic, developers said.

An increasing number of housing estates in Hong Kong are becoming more pet friendly in a nod to homebuyers and residents who have adopted cats and dogs during the coronavirus pandemic, developers said.

21 Apr 2021 - 12:42PM

French, Hongkongers help turn London into busiest luxury property market

French and Hongkongers helped power a 3 per cent gain in luxury home transactions in London last year, according to Knight Frank, helping the UK capital topple Hong Kong as the busiest market.

French and Hongkongers helped power a 3 per cent gain in luxury home transactions in London last year, according to Knight Frank, helping the UK capital topple Hong Kong as the busiest market.

14 Apr 2021 - 5:04PM

Israel’s Tel Aviv becomes the latest target of Chinese property buyers

The expansion of trade and business relations with China is helping drive interest in Israeli real estate as Chinese firms deploy more executives to Tel Aviv.

The expansion of trade and business relations with China is helping drive interest in Israeli real estate as Chinese firms deploy more executives to Tel Aviv.

30 Mar 2021 - 10:07AM

Thai developer eyes Hong Kong, foreign buyers as Covid-19 slams home demand

Dusit International is turning to offshore buyers for about 40 per cent of the residential units at its US$1.48 billion Dusit Central Park development in Bangkok. A slump in tourism is hastening its diversification efforts.

Dusit International is turning to offshore buyers for about 40 per cent of the residential units at its US$1.48 billion Dusit Central Park development in Bangkok. A slump in tourism is hastening its diversification efforts.

30 Mar 2021 - 8:43AM

Singapore’s bungalow prices soar as tycoons lead buying interest

The ultra-rich are attracted to Singapore by the government’s Global Investor Programme, which allow next-generation business owners and founders of fast-growing companies including family offices to be granted permanent residence (PR) status.

The ultra-rich are attracted to Singapore by the government’s Global Investor Programme, which allow next-generation business owners and founders of fast-growing companies including family offices to be granted permanent residence (PR) status.

23 Mar 2021 - 10:39PM