Hong Kong, among the world’s least affordable property markets, is in a rare downturn and its extent can be seen in the stark impact on the city’s luxury real estate.
Hong Kong October home prices drop 2.4%, biggest fall in 4 years
Home prices in the financial hub have fallen 10.5 per cent in the first 10 months of this year. Read more at straitstimes.com.
Winding-up lawsuit against Evergrande in Hong Kong adjourned to March 20
Hong Kong’s High Court on Monday adjourned a winding-up lawsuit against China Evergrande Group to March 20, 2023 to enable the embattled Chinese property developer to firm up its debt restructuring …
These are the successful owner sale auction listings in Singapore in Q3
A property was sold for S$3.6m, 20.8% higher than its opening price. Among owner sale listings in Singapore, Knight Frank says most property types increased from the previous quarter as public belief …
Turkmenistan to host first large scale solar plants
Abu Dhabi-based renewable energy developer Masdar and Turkmenistan‘s power utility Turkmenenergo have signed a joint development agreement for a 100 MW solar park in Turkmenistan. The agreement …
Saudi Arabia’s Dar Al Arkan, ROSHN to develop exclusive residential villas
More than 30,000 homes will be built, intended to bring a new way of sustainable, integrated living to the Kingdom’s capital Saudi Arabia’s Dar Al Arkan, ROSHN to develop exclusive residential villas …
South Korean house prices drop by most since 2013 as credit woes mount
Forward indicators suggest that the housing market correction is likely to deepen. Read more at straitstimes.com.
Australia is the West’s weak link against Iran’s aggression – opinion
Australia is the weak link in the West’s response to Iran’s human rights violations. What do the innocent residents of Kyiv, sheltering from Russian drone attacks, have in common with the brave women …
A nascent ascent for Philippine property
Amid soaring commodity prices and global geopolitical headwinds, the Philippines remains as one of the fastest growing economies in the region, primarily backed by resilient personal consumption …
It’s time to end Israel’s suppression of Palestine – EDITORIAL
November 29, is recognized by the United Nations (UN) as the day of solidarity with the Palestinian people. The date of November 29 was chosen because of its meaning and significance…. ..