Monaco remains the costliest city for real estate in 2024, with $1 million buying just 205 sq ft. Meanwhile, Dubai, Seoul, and Manila lead in price growth for luxury properties. Indian cities like …
India has 191 billionaires with combined wealth of Rs…; millionaires’ population rise 6 per cent
The combined wealth of Indian billionaires ranked the country third globally, behind the US (USD 5.7 trillion) and China (USD 1.34 trillion).
India’s millionaire population rise 6% in 2024; number of billionaire reaches 191: Knight Frank
Number of Indian high-net-worth individuals (HNWIs), those having assets more than $10 million, rose 6% last year to 85,698, according to Knight Frank.
Hong Kong retail property fund Bridgeway sells Jordan shop at 30% discount
Bridgeway, managed by veteran investor Edwin Lee, sold the shop for HK$18.7 million (US$2.4 million) after acquiring it for HK$27.5 million A veteran Hong Kong property investor has sold a shop in …
Billionaire’s Adviser At The Center Of Singapore Property Giant’s Boardroom Battle Resigns
An adviser at the center of the City Developments boardroom brawl between billionaire Kwek Leng Beng and his son, Sherman, has resigned a week after the family feud became public.
Dubai’s residential property market secures record-breaking 169,000 transactions in 2024
Dubai – Dubai’s residential property market soared to new heights in 2024, with a record-breaking 169,000 sales – an increase of 42% on 2023, says leading real estate advisory and property consultant, …
Knight Frank: Malaysia’s rich getting richer, gobbling up prime property
The number of high-net-worth individuals (HNWIs) in Malaysia is on the rise, aligning with a global trend of increasing wealth accumulation, according to Knight Frank’s Wealth Report. It it, the …
Bukit Aman targets property owners, JMBs, and security firms over scam call centres
Bukit Aman is taking a firm stance against scam call centres by pushing for property owners, joint management bodies (JMBs), and security companies to …
Boutique Group reports 60 percent completion of Red Palace Hotel, Riyadh
The upcoming property is expected to set a new pricing benchmark in Saudi’s luxury hospitality sector. Boutique Group reports 60 percent completion of Red Palace Hotel, Riyadh. Boutique Group, …
China to give cities more room to purchase unsold homes
It also pledged to “effectively prevent debt defaults by real estate companies”. Read more at straitstimes.com.