News

The much publicized Versace-branded Milano Residences luxury residential project in Manila is targeting Hong Kong buyers, the South China Morning Post has reported.

Property exhibitions in Singapore, Kuala Lumpur and Hong Kong have become an increasingly important source of London property buyers.

Sales prices in four major housing estates in Hong Kong surpassed previous records set in the boom of 1997, the South China Morning Post has reported.

With more and more property being brought by foreigners in Singapore, the increase in non-permanent residents buying property has outpaced that of permanent residents (PR) the Singapore Business Times has reported.

Hong Kong-based Summit Properties plans to unveil the first condominium-hotel development at Niseko ski resort in Japan.

The Ritz-Carlton Shanghai, Pudong, opening on 21 June, will be the luxury hotel brand’s second property in the city, and its seventh in China. Located in Shanghai ifc, the prime real estate in Lujiazui financial trade zone, the hotel and development is the work of architect Cesar Pelli.

London’s West End remains the world’s most expensive office market, according to CB Richard Ellis Group, Inc. (CBRE) Global Research and Consulting’s semi-annual Global Office Rents survey. Hong Kong’s Central Business District (CBD) has risen to second place pushing Tokyo’s Inner Central to third place. Mumbai is now in fourth position on the list while Moscow remains in fifth in the CBRE rankings, which tracks occupancy costs for prime office space in 176 cities around the globe.

Earlier this month W Hotels unveiled The Residences at W Bali – Seminyak, their first residential project in Indonesia.