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Category: PROPERTY

Posted on February 3, 2023

One of Hong Kong’s priciest homes sells for US$16.6 million loss off of 2019 price, as luxury segment slumps

“The disposal at a loss was just in line with the market changes.” Luxury homes in Hong Kong are forecast to see a 1.5 per cent price decline this year, according to property consultancy Knight Frank.

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Posted on February 3, 2023

Hong Kong Luxury Home on the Peak Sold at $17 Million Loss

An ultra luxury apartment in Hong Kong’s Mount Nicholson development — one of the most expensive apartment projects in Asia — was recently sold for a loss of HK$130 million ($16.6 million) as the city …

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Posted on February 3, 2023

Liechtenstein hands over US$11m in Lafayette case

Liechtenstein has handed over to Taiwan about US$11 million deposited in the country as part of illicit kickbacks involved in the Lafayette frigate scandal dating back three decades, the Ministry of …

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Posted on February 3, 2023

Former Yerevan State University Rector Family Members Questioned Over Property Holdings

Armenia’s Prosecutor General’s Office (PGO) summoned family members of former Yerevan State University Rector Aram Simonyan for questioning regarding the financial source of certain properties they …

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Posted on February 3, 2023

Georgia House passes amended budget with cash for property, income tax breaks

The Georgia House on Thursday approved money for a $1 billion property tax break and $1 billion income tax break as part of a plan to amend this year’s budget to spend another $2.4 billion in …

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Posted on February 3, 2023

Oman banks lend record RO 10.542bn in personal loans in 2021

MUSCAT: Personal loans disbursed by licensed lenders in the Sultanate of Oman climbed 2.7 per cent to hit a new peak of RO 10.542 billion in 2021, …

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Posted on February 3, 2023

Israeli village on Lebanon border was isolated for decades. Now it’s a tourist hotspot.

IDF lifts visitation limits on Alawite village straddling border with Lebanon in the Golan Heights, turning the town into a tourist hotspot …

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Posted on February 3, 2023

Demolishing houses of suspects? Israel’s plans are illegal under international law

Collective punishment is banned not only by the instruments of international humanitarian law, but also by human rights conventions.

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Posted on February 3, 2023

Dubai real estate boom continues with $2.6bn of property deals in a week

Dubai real estate deals. The top three land transactions were a plot in Al Wasl sold for AED147.5m ($40.2m), followed by land that was sold for AED112m ($30.5m) in Island 2 and la …

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Posted on February 3, 2023

Yemen, Lebanon and Ukraine sites added to World Heritage in Danger list

Historic sites in Yemen and Lebanon have been put on the UN’s List of World Heritage in Danger. Being on the list gives sites access to enhanced international assistance, both technical and financial, …

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