Residential
These groups drive demand in Hong Kong’s luxury residential markets
Japanese expats favour West Kowloon whilst Mainland students dominate Hung Hom.
These groups drive demand in Hong Kong’s luxury residential markets
Japanese expats favour West Kowloon whilst Mainland students dominate Hung Hom.
This is the biggest en bloc deal in Singapore since 2018
Chuan Park condo was sold for $890m, the largest deal since Tulip Garden was sold 4 years ago.
Singapore HDB resale prices up 2.4% in Q3
Resale prices could rise by up to 10% for the whole year.
Jakarta apartment rents to rise 1-3% in the next three years
Competition is set to be tight as more new projects enter the market.
Singapore luxury apartment prices grow 2% to $3,200psf in H1
The most expensive penthouse was sold for almost $60m.
Hong Kong residential sales hit 4,137 units in August
NOVO LAND Phase 1B in Tuen Mun was oversubscribed by about 48 times.
Tokyo residential occupancy rate hits 96.4% in Q3
It’s still below pre-pandemic levels but the occupancy rates are set to remain stable.
Singapore GCB sales plummet 57.7% to $751.4m in H1 2022
Only 29 units of Good Class Bungalows were sold during the period.
Regional residential markets in Japan attracting more investment activity
Here are the recent landmark transactions in regional markets.
Tokyo residential rents inch up 1.7% in Q3
And average asking rents in the C5W submarket rose 1.5%.
Prime residential launches in Mumbai nearly tripled in Q2
Launches increased 192% to 3,044 units during the quarter.
Manila residential vacancy rate declines to 8.7% in Q2
It contracted by 72.8bps q-o-q, signalling an improvement in leasing demand.
HCMC high-end apartment rents up 2.1% in Q2
Leasing demand is back to pre-pandemic levels.
Singapore private new home sales plummet 48% to 437 units in August
This marks the lowest monthly sales in two years.
Singapore HDB resale volume down 1.7% in August
There were only 2,323 units transacted during the month.
Why Japanese developers are key players in Indonesia’s residential market
They are responsible for 5% of the condo units in Greater Jakarta.
Hong Kong residential sales down 23.9% to 3,671 units in July
The overall stamp duty revenue is at a 19-month low.
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Empire East Land Holdings lands two wins at Real Estate Asia Awards 2024
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Co-Written / Partner
The company believes innovation and data-driven strategies are paramount to a sustainable future.
The company believes innovation and data-driven strategies are paramount to a sustainable future.
