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International Property

International Property
Latest news and features on international property, including developers, buying habits and property price trends.
last updated:
9 September, 2024
People view the office buildings of the City of London from Parliament Hill in the Hampstead suburb of north London. Photo: AFP
Property financing

Will higher school fees, new taxes turn Hongkongers away from UK properties?

Additional education fees, a new tax scheme and slowing growth in rental rates could turn Hongkongers away from UK property.

Singapore

As Singapore home sales surge, is the government ready to hit the brakes?

TV shows and streaming video

US$83m house from Succession series among those destroyed in LA wildfires

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Architecture and design

Why this British couple went for a ‘midimalist’ home in Bath

After moving back to the UK from Hong Kong, Kate Sbuttoni mixed Asian aesthetics with her global treasures, creating an eclectic home.

Home in Bath, UK, of Kate Sbuttoni, founder of The Ginger Jar Lamp Co. Photo: Jake Eastham
TV shows and streaming video

Breaking Bad house is up for sale if you have US$4 million to spare

Single-storey house in Albuquerque, New Mexico, where Walter White lived and which has become a magnet for TV show’s fans, is on the market.

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Artificial intelligence

Chinese AI firm SenseTime reduces office space in Singapore

The retreat underscores the competition faced by SenseTime in a new AI era, and the changing fortunes of Singapore’s prime office market.

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Hong Kong property

Outlook for Hong Kong’s high-end homes to brighten in 2025

Luxury property prices to rise as much as 5 per cent next year, with rents also set to increase by the same level, Ricacorp’s Derek Chan says.

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View of residential buildings in Mid-Levels and The Peak, two sought after addresses in Hong Kong. Photo: Nora Tam
Serbia

Chinese firms seek European base for factories amid trade tensions, tariffs

European industrial real estate developer CTP expects increased demand from Chinese firms that do not want to get caught in the trade war.

China property

Dubai developers escalate efforts to sell properties to rich Chinese

Buyers are attracted to UAE city’s attractive rental yields and golden visa programme.

Architecture and design

Inside 740 Park Avenue, where NYC’s richest make their homes

The storied art deco building opened its doors in the 1930s and has played home to many a famous resident. Now a hotspot for finance magnates, a unit in this building costs almost US$50 million

740 Park Avenue is both a storied and ultra-exclusive New York City address. Photos: @brownharrisstevens, @francine.crocker.properties/Instagram
India

India’s luxury property market booming despite economic slowdown

Sales of luxury properties in India priced at US$470,000 and above surged by 37.8 per cent in January-September, according to real estate firm CBRE.

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Central Mumbai’s cityscape and skyline. Photo: Shutterstock
SCMP Exclusives

Exclusive | Rosewood Hotel Group targets Chinese travellers in Middle-East expansion

Hong Kong-based Rosewood Hotel Group was among the pioneering hoteliers to recognise the growing significance of the Middle East.

Asia housing and property

Chinese investors advised to tread carefully in Thai property market amid scams

Foreign buyers face legal hurdles and scams, risking significant financial losses, according to Thai law firm.

Hong Kong property

Hong Kong outshines Singapore as demand for flexible office space grows: report

Bengaluru and Makati are the hottest spots as demand surged by 107 and 47 per cent, respectively, according to a study.

People crossing a busy street in Central business district, Hong Kong , in October 2024. Photo: Dickson Lee
Banking & finance

US banks face rising distress as commercial property values slump

Smaller US banks ramp up loan modifications amid slumping commercial property values.

The Chicago skyline seen after a snowstorm. Photo: EPA-EFE
China property

Swire sees robust demand for flats at first mainland China residential project

Swire Properties said 94 per cent of the units at a residential project in Shanghai were sold.

Hong Kong property

Hong Kong’s hotel industry faces ‘worrying’ troubles in tax and Trump

A 3 per cent tax on hotel guests on January 1 and looming troubles from the Trump presidency could undermine the city’s tourism sector.

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Property investment

La Défense, Europe’s largest purpose-built business district, seeks Asian investors

Around 15 per cent of the office space in the business district is currently vacant because of weak demand.

Avenue Charles de Gaulle and the business district of La Defence, seen from Arc de Triomphe in Paris. Photo: Shutterstock
Hong Kong property

Hong Kong property deals hit 7-month high, but December slowdown looms

Some 7,689 real estate transactions worth US$8.2 billion were completed last month, according to the Land Registry.

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Luxury Hotels

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.

Singapore

Singapore spillover of data centres benefits Malaysia’s Johor

The trend comes ahead of an expected announcement of a special economic zone between both sides.

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The surge in data centre business in Johor has also driven up property transactions in the Malaysian state. Photo: EPA-EFE
China

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

The project, also called Khuzam Hills, comprises several phases, the first of which is scheduled for delivery in 2026, according to the website of Citic’s partner Rafal.

The exhibition booth of the Saudi National Housing Corporation at the Cityscape Global expo in Riyadh, Saudi Arabia on November 11, 2024. Photo: Instagram/saudinhc
Hong Kong property

China, Singapore key to Hongkong Land’s US$10 billion asset disposal goal

Analysts approve the developer’s ‘strategic pivot’, but caution that execution remains key to its success.

Property financing

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

Trump tax cuts, tariffs will keep interest rates high, but current owners will benefit from his presidency.

Architecture and design

Man caves: the members’ club you’ll never be turned away from

Miami-based interior designer Alfredo Paredes; Guillaume Coutheillas, founder of design firm FrenchCalifornia; and Benjamin Paulin of Paulin Paulin Paulin discuss trends in the trendiest of rooms

Man caves are trending and also changing, becoming more sophisticated as designers lean in to give them the air of a members’ club, office or home gym. Photos: Handout
Hollywood

Meet Anita Verma-Lallian, who just moved into Matthew Perry’s LA home

The Arizona businesswoman and Kamala Harris supporter is known for running Camelback Productions and Arizona Land Consulting, and recently moved into the late actor’s home after an off-market purchase.

Anita Verma-Lallian is the new owner of the late Matthew Perry’s home. Photos: TNS, @anitavermalallian/Instagram
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.

Malaysia

Kuala London: aspiration, class and the Malaysian dream of a British education

In a country still shaped by its colonial past, the pursuit of a UK education by Malaysia’s elites reveals a stark opportunity gap at home.

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