Property-market insiders see positive signs following the reopening of the border, especially in luxury developments, but a full recovery is expected to take months amid high interest rates.
Hong Kong’s secret abandoned houses and places – this interior designer loves them so much, she held a luxury dinner at one
Urban explorer Sacha Yasumoto has visited over 250 abandoned buildings and places in Hong Kong and her recent ‘Dangerous Dinner’ took blindfolded guests for a luxury meal at one.
Hong Kong home sales could surge 50% as rates peak, border reopens
Property developers are already saying that they are seeing homes being sold at an accelerated pace in recent weeks. Read more at straitstimes.com.
Brunei seizes record haul of smuggled cigarettes
BANDAR SERI BEGAWAN, Jan 16 (Xinhua): A 40-year-old foreign man was detained by the Brunei authorities for allegedly smuggling 12,160 cartons, 269 packets and 80 sticks of cigarettes, local media …
Big Four Singapore Firms Lead on $1.6 billion Property Buyout
The $1.6 billion buyout, which is expected to be completed in March, marked the biggest real estate transaction in Southeast Asia in 2022.
Singapore property sector ‘resilient’ despite global slump; CDL and CLI preferred picks: Credit Suisse
Analysts are expecting the Singapore housing sector to show growth of 3% to 5% for 2023 even as the global market slump deepens.
Total property investment volume up 2.8% YoY to $29.1b in 2022
The investment market may remain in “price discovery mode” in the first half of 2023. The total property investment volume in 2022 increased by 2.8% year-on-year to $29.1b on the back of the active …
US sends artillery shells stockpiled in Israel to Ukraine
The United States is sending artillery shells stockpiled in Israel to Ukraine in an effort to refill the embattled country’s dwindling ammunition supplies.
U.S. sent Israel-stored munitions to Ukraine – New York Times
Although such supplies are under Israeli lock-and-key, “the Americans don’t need our permission to move them. These are American property,” David Ivry, a former director-general of Israel’s Defence …
Sri Lanka expropriation drums beat loud over privatized tea farms
Sri Lanka is planning to bring a law re-nationalize land in privatized tea farms according to plan proposed by ex-President Gotabaya Rajapaksa, Minister of Plantation Industries and Minister of …