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Category: PROPERTY

Posted on November 16, 2024

Hong Kong’s Tycoons Are Selling Trophy Homes at Fire Sale Prices

China’s economic downturn has not been kind to the ultrarich who made their wealth on its rise. In their haste to cough up cash, Hong Kong’s luxury property market has had some fire sales.

( read original story …)



Posted on November 16, 2024

How Beijing Took Control of Hong Kong’s Financial Hub—and Left the West Behind

The world’s pre-eminent East-meets-West investment hub has become more Chinese as international financial institutions, corporations, and expatriates retreat …

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Posted on November 16, 2024

Developers free to make own decisions, John Lee says after Beijing official urges tycoons to take part in gov’t projects

Hong Kong property developers are free to make their own decisions, leader John Lee has said after a top Beijing official called on tycoons to get involved in the government’s infrastructure projects.

( read original story …)



Posted on November 16, 2024

Lui Che-woo, Hong Kong property and casino magnate of K. Wah and Galaxy, dies at age 95

Lui Che-woo (pic), who rose from humble beginnings to become one of Asia’s biggest casino magnates, with a portfolio of hotels, resorts and property in Hong Kong and Macau, has died. He was 95.

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Posted on November 16, 2024

Hong Kong residential property prices to rebound next year, though unsold inventory looms

Residential property prices in Hong Kong are set to rebound next year thanks in large part to lower interest rates, though a large cache of unsold inventory will keep a cap on gains.

( read original story …)



Posted on November 16, 2024

CK Asset: Watch Share Buybacks And Financial Outlook

Read here for an evaluation of CK Asset’s buyback yield and CHKGF’s financial prospects, retaining a Hold rating for CK Asset.

( read original story …)



Posted on November 16, 2024

Cyprus Business Now: property prices, startup news, LNG interest, FDI surge

Property prices in Limassol surged in 2024, with apartment prices up by over 20 per cent and house prices rising by 30 per cent, according to a report from Nicosia-based firm Landbank Analytics. The …

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Posted on November 16, 2024

Marcus Chu forecasts 2025 as a ‘boom year’ for Singapore’s private housing market

Meyer Blue: On October 5, UOL Group and its subsidiary, Singapore Land Group, launched this 226-unit, freehold luxury project on Meyer Road. Over 50% of the units sold within the first few days, with …

( read original story …)



Posted on November 16, 2024

Site of ancient, key battle in Iraq found by archeologists using spy satellite images

The Battle of al-Qadisiyah was fought in Mesopotamia — in present-day Iraq — in the A.D. 630s between Arab Muslims and the army of the Sassanid Persian dynasty during a period of Muslim expansion.

( read original story …)



Posted on November 16, 2024

Raising the roof: Building resilience through conserving historic homes in the Philippines

One of the best-preserved Spanish colonial towns in Asia that was damaged in a huge earthquake in the Philippines is being repaired with an eye to reducing the impact of future disasters thanks in …

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