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Posted on January 18, 2023

Luxury property prices up 8-12% in 2022; surpasses 2015 peak level: India Sotheby’s International Realty

Prices of luxury properties appreciated by 8-12 per cent during the last year across major cities and have breached the 2015 peak level, according to India Sotheby’s International Realty.

( read original story …)



Posted on January 18, 2023

Luxury property prices up 8-10%, Delhi NCR, Mumbai top list: Report

In its annual report, India Sotheby’s International Realty (ISIR) said that 33 per cent of High-Net-worth Individuals (HNIs) and Ultra High-Net-worth Individuals (UHNIs) are willing to shell out more …

( read original story …)



Posted on January 18, 2023

China’s big spenders are trickling back to Hong Kong’s luxury property market, boosting analysts’ hopes for a slow recovery

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.

( read original story …)



Posted on January 18, 2023

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.

( read original story …)



Posted on January 18, 2023

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.

( read original story …)



Posted on January 18, 2023

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 …

( read original story …)



Posted on January 18, 2023

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.

( read original story …)



Posted on January 18, 2023

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.

( read original story …)



Posted on January 18, 2023

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 …

( read original story …)



Posted on January 18, 2023

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.

( read original story …)



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