International

Business

Hongkongers pour fresh capital into Japan’s booming hospitality sector

The favourable view of Japan’s hospitality sector is underpinned by the country’s improving economic prospects.

2 Dec 2024 - 6:00AM

International Property

Citic enlarges Saudi Arabia footprint with 3,500-flat Riyadh project

19 Nov 2024 - 1:56PM

International Property

Why Trump election is good and bad for Chinese property investors in the US

11 Nov 2024 - 7:01AM

Business

Hong Kong property

As Hong Kong and Singapore age, health businesses loom larger in property market

As the average age in Hong Kong and Singapore rises, landlords and developers need to become more in tune with the medical industry.

3 Nov 2024 - 9:30AM

People cross the street in Central. Photo: Eugene Lee

Business

International Property

Could India surpass China as an Asian real estate investment hotspot?

India’s booming economy and growing demand for office space are making it a magnet for many global players.

28 Oct 2024 - 9:36AM

China Business

International Property

Data centres push Asia’s cross-border property investment towards 2-year high

Anticipated growth of 50 per cent will drive 2024 cross-border investments to about US$48 billion, according to Knight Frank.

16 Oct 2024 - 3:56PM

Business

International Property

Japanese hotels a magnet for Hong Kong investors to diversify, mitigate risks

Japan’s low interest rates and booming tourism are attracting investors like the Chiu family and Dorsett Hospitality International.

7 Oct 2024 - 1:24PM

The night shopping street at Dotonbori, a famous destination for tourists in Osaka. Photo: Shutterstock

Business

International Property

Hotels in Japan, China, draw investors as travel fervour improves returns

Japan is the favourite investment target amid a surge in tourism, a weak yen and low interest rates.

15 Sep 2024 - 12:00PM

A woman looks across Tokyo from the Bunkyo Civic Center Observation Deck on August 28, 2024. Photo: AFP

Business

Hong Kong property

Chinachem’s Nina Hospitality aims to move up market, eyes overseas expansion

Nina’s managing director said it is looking at expanding on the mainland and overseas, while becoming an upscale hotel group in Hong Kong.

8 Sep 2024 - 5:00PM

Business

International Property

Homebuyers flock to city centres as demand wanes for flats close to nature

That shift has become evident in metropolises across the UK and Australia, as well as in compact cities like Singapore and Hong Kong.

1 Sep 2024 - 11:30AMvideocam

Business

International Property

Singapore stays ahead of Hong Kong in JLL’s real estate market transparency list

Australia, New Zealand, Japan and Singapore are the best four among Asia-Pacific property markets in JLL’s latest transparency survey. The UK, France and US top the list globally.

28 Aug 2024 - 1:52PMvideocam

People gather next to the Merlion statue at the Marina Bay Waterfront Promenade in Singapore on August 7, 2024. Photo: AFP

China Business

China property

Hilton aims to add 100 new China hotels a year

The operator, which expanded 367 per cent since late 2018, says it will focus on niche brands to cater to individual needs and preferences.

26 Aug 2024 - 4:03PM

Hilton opened the Conrad Chongqing, its 700th hotel and 15th Conrad hotel in China on August 16. Photo: Hilton

Business

International Property

Manila’s gaming ban has property developers eyeing new growth

SM Prime is relying on fundamentals and remittances to drive growth as Manila prepares to kick out Chinese workers in the online gambling industry.

19 Aug 2024 - 9:32AM

Entertainment

American cinema

For sale, ghost-free, house in California where Poltergeist was filmed

It’s the first time the house in California has been put up for sale since the release of the classic 1982 horror movie Poltergeist, in which it was home to ghosts and inter-dimensional portals.

20 Aug 2024 - 12:17PM

Business

International Property

UK property market sees green shoots as buyers eye rate cut, lower mortgage rates

Hong Kong- and mainland China-based buyers could return to UK property markets on prospects of lower interest rates and mortgage costs.

22 Jul 2024 - 9:30AM

The Ariel, a 23-storey residential tower with 167 units comprising studios and flats with one-to-three bedrooms with an area of between 400 and 2,071 sq ft, in Television Centre in White City, London, is being marketed with prices starting at £590,000 (US$762,000). HANDOUT PHOTO

Business

International Property

Chinese top buyers of US property for 11th year, but Canadians dominate volume

Demand for US homes from Chinese buyers affected by a strong dollar and higher prices, which caused investments to slump by over 40 per cent year on year, according to US real estate association.

19 Jul 2024 - 6:12AM

A “for sale” sign in the neighbourhood of Seattle. Foreigners accounted for 2 per cent of the US$2.1 trillion existing US residential market. Photo: Bloomberg

Business

Hong Kong property

Hong Kong, mainland China weigh on Asia-Pacific office rents: Knight Frank

Beijing, Shanghai, Hong Kong and Guangzhou had the sharpest declines among 23 cities in the second quarter, consultancy Knight Frank says.

18 Jul 2024 - 10:30AM

Companies

International Property

Start-up PlanetDao sees abandoned Japanese temples as hot tourism investments

Company wants to turn a growing number of vacant temples and onsens into unique lodgings, with buy-in starting at 34,540 yen (US$217).

14 Jul 2024 - 12:35PM

Business

International Property

Central London home prices drop as UK election creates uncertainty

Prices fell slightly amid ‘a degree of caution’ in the market, Savill’s says. Meanwhile the new government’s proposed tax on school fees may hit Hongkongers who send their children to the UK.

8 Jul 2024 - 9:00AM

An aeriel view of London in August 2019. Photo: Reuters

Business

International Property

Bali property heats up as Asian investors chase high rental yields

Buyers from Hong Kong and Singapore, where rental yields stand in the low single digits, are showing particular interest, agents say.

1 Jul 2024 - 11:30AM

A beach in Bali. The housing market on the Indonesia island is gaining momentum, according to property agents. Photo: Handout

Business

International Property

Australia’s tighter immigration policy poses risk to luxury home market

Canberra’s withdrawal of a golden visa scheme and its decision to cap its migrant intake could hurt high-end home sales as Asian buying could shrink.

16 Jun 2024 - 10:00AM

Business

Hong Kong property

Hong Kong is Asia’s busiest ‘super-prime’ housing market: Knight Frank

With 132 transactions in the year to March, Hong Kong beat its main rival, Singapore, which recorded 88 deals in what the property consultancy referred to as the super-prime residential market.

4 Jun 2024 - 7:00AMvideocam

Banking & Finance

Banking & finance

Singapore’s OCBC mulls refurbishment options for iconic headquarters, CEO says

OCBC’s headquarters complex consists of the 52-storey OCBC Centre and smaller buildings nearby. As the buildings are designated historic structures, the bank has to be careful with the makeover, CEO says.

4 Jun 2024 - 12:48PM

OCBE Centre, the headquarters of OCBC Group, was designed by architect I. M. Pei. Photo: Handout

International

Hongkongers pour fresh capital into Japan’s booming hospitality sector

The favourable view of Japan’s hospitality sector is underpinned by the country’s improving economic prospects.

Citic enlarges Saudi Arabia footprint with 3,500-flat Riyadh project

Why Trump election is good and bad for Chinese property investors in the US

As Hong Kong and Singapore age, health businesses loom larger in property market

As the average age in Hong Kong and Singapore rises, landlords and developers need to become more in tune with the medical industry.

Could India surpass China as an Asian real estate investment hotspot?

India’s booming economy and growing demand for office space are making it a magnet for many global players.

Data centres push Asia’s cross-border property investment towards 2-year high

Anticipated growth of 50 per cent will drive 2024 cross-border investments to about US$48 billion, according to Knight Frank.

Japanese hotels a magnet for Hong Kong investors to diversify, mitigate risks

Japan’s low interest rates and booming tourism are attracting investors like the Chiu family and Dorsett Hospitality International.

Hotels in Japan, China, draw investors as travel fervour improves returns

Japan is the favourite investment target amid a surge in tourism, a weak yen and low interest rates.

Chinachem’s Nina Hospitality aims to move up market, eyes overseas expansion

Nina’s managing director said it is looking at expanding on the mainland and overseas, while becoming an upscale hotel group in Hong Kong.

Homebuyers flock to city centres as demand wanes for flats close to nature

That shift has become evident in metropolises across the UK and Australia, as well as in compact cities like Singapore and Hong Kong.

Singapore stays ahead of Hong Kong in JLL’s real estate market transparency list

Australia, New Zealand, Japan and Singapore are the best four among Asia-Pacific property markets in JLL’s latest transparency survey. The UK, France and US top the list globally.

Hilton aims to add 100 new China hotels a year

The operator, which expanded 367 per cent since late 2018, says it will focus on niche brands to cater to individual needs and preferences.

Manila’s gaming ban has property developers eyeing new growth

SM Prime is relying on fundamentals and remittances to drive growth as Manila prepares to kick out Chinese workers in the online gambling industry.

For sale, ghost-free, house in California where Poltergeist was filmed

It’s the first time the house in California has been put up for sale since the release of the classic 1982 horror movie Poltergeist, in which it was home to ghosts and inter-dimensional portals.

UK property market sees green shoots as buyers eye rate cut, lower mortgage rates

Hong Kong- and mainland China-based buyers could return to UK property markets on prospects of lower interest rates and mortgage costs.

Chinese top buyers of US property for 11th year, but Canadians dominate volume

Demand for US homes from Chinese buyers affected by a strong dollar and higher prices, which caused investments to slump by over 40 per cent year on year, according to US real estate association.

Hong Kong, mainland China weigh on Asia-Pacific office rents: Knight Frank

Beijing, Shanghai, Hong Kong and Guangzhou had the sharpest declines among 23 cities in the second quarter, consultancy Knight Frank says.

Start-up PlanetDao sees abandoned Japanese temples as hot tourism investments

Company wants to turn a growing number of vacant temples and onsens into unique lodgings, with buy-in starting at 34,540 yen (US$217).

Central London home prices drop as UK election creates uncertainty

Prices fell slightly amid ‘a degree of caution’ in the market, Savill’s says. Meanwhile the new government’s proposed tax on school fees may hit Hongkongers who send their children to the UK.

Bali property heats up as Asian investors chase high rental yields

Buyers from Hong Kong and Singapore, where rental yields stand in the low single digits, are showing particular interest, agents say.

Australia’s tighter immigration policy poses risk to luxury home market

Canberra’s withdrawal of a golden visa scheme and its decision to cap its migrant intake could hurt high-end home sales as Asian buying could shrink.

Hong Kong is Asia’s busiest ‘super-prime’ housing market: Knight Frank

With 132 transactions in the year to March, Hong Kong beat its main rival, Singapore, which recorded 88 deals in what the property consultancy referred to as the super-prime residential market.

Singapore’s OCBC mulls refurbishment options for iconic headquarters, CEO says

OCBC’s headquarters complex consists of the 52-storey OCBC Centre and smaller buildings nearby. As the buildings are designated historic structures, the bank has to be careful with the makeover, CEO says.

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