India’s largest property developer DLF expects to review offers from potential partners, as it works on a project to build luxury flats in a slum area of Mumbai that marks its return to the city, it …
Macau gaming revenue up 11.6% in July, portending stronger H2
Macau gaming has generated more than MOP132 billion in gross revenue, more than 61% of government forecasts for the year.
Sales of villas, luxury homes rise to 3-year high in Hong Kong on demand by wealthy buyers
HK$500 million each were registered in the first half, a jump of 23.3 per cent from the same period last year, Centaline said Sales of villas, bungalows and luxury homes in Hong Kong soared to a three …
Hong Kong’s $32 billion pile of bad debt spurs talks to form ‘bad bank’
Hong Kong’s banks are coming under increasing pressure to offload loans backed by real estate assets. Read more at straitstimes.com. Read more at straitstimes.com.
Why Dubai and Bahrain’s luxury Islands are the new playground for India’s billionaires
Ultra-wealthy Indians are quietly acquiring private island properties in Dubai and Bahrain, drawn by freehold ownership, lifestyle privacy, and capital growth. Multi-million-dollar villas and plots in …
Austell City Council votes to raise property tax by more than 150%
The hike is expected to cost the average homeowner nearly $600 more per year, as the city grapples with a $1.6 million budget shortfall due to lower-than-expected gas utility revenue.
Singapore Luxury Condos’ Early Struggle Shows Boom’s Limits
A large-scale luxury development in Singapore sold only a tiny fraction of units when it started accepting bookings, reflecting the struggles of the priciest segment in the city-state’s otherwise …
Dubai first-time buyer scheme hopes to lure Brits, and keep them
A new first-time buyer scheme in Dubai will keep expats in the country for longer and is likely to help lure even more ambitious Brits …
Syria working on overhaul of income tax system
Syria is preparing a major overhaul of its income tax system to stimulate private sector activity and boost economic growth. The draft of the new income tax system is open for public input until July …
Why did Israel bomb Syria? A look at the Druze and the violence in Suwayda
Syria, on Wednesday, strongly condemned Israeli attacks, denouncing the strikes as a “dangerous escalation .” The Ministry of Foreign Affairs accused Israel of pursuing a “deliberate policy” to …