The 66-year-old owner surrendered to the police after a stand-off that lasted more than four hours. Read more at straitstimes.com.
Vietnam sees 82 per cent rise in ultra-high-net-worth individuals
The number of Vietnamese individuals with a net worth exceeding $30 million has increased by 82 per cent in just five years, according to Knight Frank.
No easy fix for Vietnam as economy slows on weaker exports, property woes
Signs of weakness are widespread across the economy as exports dropped sharply on sagging global demand, weakening imports indicated a contraction in factory output and new bank lending tumbled. For …
Fatal stabbing of teen girl in public sparks outrage in India
After a teen girl was fatally stabbed in public over the weekend in Delhi, outrage regarding violent crimes against women and concerns about their safety have risen in India.
India’s Bengaluru may need $339 million to fix drainage, avoid flooding – report
India’s Bengaluru may need nearly 28 billion rupees ($339 million) to restore a drainage network damaged by rapid real estate development as repeated floods threaten to disrupt work and life in the IT …
Mumbai property market stamp duty collection records best-ever May
Mumbai, the countrys largest and most expensive real estate market, continued its record-setting spree by scaling a new peak in terms of stamp duty collection for the month of May despite higher …
Money Mind – 5 things about Singapore’s soaring rents
Private rental prices in Singapore surged by 29.7 percent in 2022, according to data from the Urban Redevelopment Authority. Will this growth continue – and could there be any respite for tenants?
Global HNWIs to pour $2.5bn in Dubai property in 2023: Knight Frank
The world’s wealthy have been increasingly targeting Dubai’s luxurious homes, primarily situated in the city’s most desirable districts …
UAE residents can now top up their monthly income by capitalising on the sizzling real estate market through a new referral programme
The Metropolitan Group is launching a partner programme to offer referral fees for UAE residents who refer clients or friends looking to buy property in the UAE …
World’s super rich to spend $2.5 billion on Dubai property in 2023
Global high-net-worth individuals (HNWIs) plan to spend $2.5 billion on Dubai property this year, a report has found.About 22 per cent of the HNWIs are prepared to commit $5 million to $10 million on …