Real Estate

Apple's Proposed HQ Like a 'Spaceship'

Skip ahead about 2,000 years and think of the ruins of buildings that humans (or otherwise) might experience -- much like travelers see the Acropolis today. Apple's newly proposed headquarters might spark speculation as to its purpose. A perfect c...

Oh la la — French sell diplomat’s Hong Kong home for top price

The French government sold its Hong Kong diplomat’s residence in the highly-sought after Peak district for a staggering HK$580 million (US$74.5 million) in the city’s surging market.

Lofts in Hong Kong: Living Large -- And Illegaly

Ellen Sheng The Wall Street Journal 01.06.2011
Lofts in Hong Kong: Living Large -- And Illegaly

Sky-high property prices are driving some Hong Kongers to turn to cheaper commercial or industrial property for home use. But while loft living in converted commercial buildings is popular in cities such as New York, there’s a hitch in Hong Kong: ...

China housing prices may be misunderstood

Chris Oliver MarketWatch 27.05.2011
China housing prices may be misunderstood

Negative outlooks on Chinese real estate have become increasingly popular recently, but they don’t match up with what’s really happening on the ground, or the story that lies behind subtleties of prices and other investment data that can sometimes...

Hong Kong Causeway Bay Shop Rents Set to Rise on Hysan Mall

Hong Kong's Causeway Bay, home to the world's third-most expensive shopping strip, is set for its biggest facelift in almost two decades with a new mall that may drive up rents in the area.

HSBC Says Hong Kong Mortgage Rates to Keep Rising as Liquidity Tightens

Stephanie Tong and Kelvin Wong 18.05.2011
HSBC Says Hong Kong Mortgage Rates to Keep Rising as Liquidity Tightens

Mortgage rates in Hong Kong, ranked the world’s most expensive place to buy a home by Savills Plc, may climb further as liquidity tightens among local banks, said HSBC Holdings Plc. (HSBA)

Facebook's Mark Zuckerberg buys house in Palo Alto, California

Long after he became a billionaire, Facebook CEO Mark Zuckerberg still rented modest digs. But now one of Silicon Valley's top tech celebrities has become a first-time homeowner, recently buying a large house in Palo Alto that is a 10-minute drive...

Hong Kong Home Sales Fall to 2-Year Low on Curbs, Rates

Hong Kong home sales fell to the lowest volume in more than two years in April as government curbs and rising mortgage rates sapped demand after a price surge since 2009.

Hang Lung Chairman Ronnie Chan Says There’s No Property Bubble in China

Ronnie Chan, chairman of Hong Kong- based developer Hang Lung Properties Ltd., said “humongous demand” from consumers and action by the central government reduce the chance that China’s property market will collapse.

HK mortgage loans in negative equity fall 50 pct in Q1

Christina Lo, Chris Lewis Reuters 03.05.2011
HK mortgage loans in negative equity fall 50 pct in Q1

Hong Kong reported 59 cases of residential mortgage loans in negative equity in the first quarter of 2011, down 50 percent from 118 cases in the fourth quarter of 2010.

Hong Kong Prime Residential Site Likely To Fetch HK$1.28 Billion In Government Auction

A prime residential site in Hong Kong is likely to fetch around HK$1.28 billion in a government land auction Wednesday, and analysts say the results of the closely watched sale will be a good barometer of the city's property market.

Hong Kong Housing Fever May Cool

Cathy Yan, Shai Oster The Wall Street Journal 27.04.2011
Hong Kong Housing Fever May Cool

Higher borrowing costs may finally lead to falling prices in the world's least-affordable housing market, one that so far has resisted government efforts to cool it down. Prices of Hong Kong properties jumped 24% last year on top of a 30% surge in...

Hong Kong: A property boom you can feel

In Hong Kong you can feel the current property boom. lentless hammering from new construction sites shakes the affluent streets of Mid-levels, a property hot-spot in a city that has become one the most expensive and least affordable place for hous...

UK's most expensive flat sold for £135.4 million

The UK’s most expensive flat has been sold in London for £135.4 million, according to Land Registry documents.

HK office rents top world survey for second year

Shu-Ching Jean Chen AsiaOne 16.04.2011
HK office rents top world survey for second year

CAVERNOUS flyovers and hidden stairways weave through the tightly-packed central business district of Hong Kong. They are the arteries of this city, linking to its most expensive office addresses, such as One IFC (International Finance Center), Tw...

Moody's downgrades China's property sector

Moody's Investors Service on Thursday downgraded China's property sector to "negative" from "stable" as it warned that rising interest rates and reduced bank lending would dampen demand.

US Malls Face Surge in Vacancies

KRIS HUDSON And MIGUEL BUSTILLO The Wall Street Journal 08.04.2011
US Malls Face Surge in Vacancies

Even as the economy picks up steam, many of the nation's malls and shopping centers are suffering a hangover due to changing consumer habits and the fallout from a massive building boom.

2700 flats coming on market in Hong Kong

At least four new property projects are expected to be marketed this month, adding up to 2,689 flats for sale - even as nervous sellers in the secondary market start cutting prices.

Russian billionaire pays record $100M for Silicon Valley home

JULIET CHUNG And S. MITRA KALITA The Wall Street Journal 01.04.2011
Russian billionaire pays record $100M for Silicon Valley home

A Russian billionaire investor paid $100 million for a French chateau-style mansion in Silicon Valley, marking the highest known price paid for a single-family home in the U.S. The purchase of the 25,500-square-foot home in Los Altos Hills, Calif....

Hong Kong House Prices May Fall 30% on Rates, Barclays Says

Hong Kong home prices are likely to fall as much as 30 percent as widening bank lending margins drive mortgage rates for new borrowers higher, according to Barclays Capital Asia Ltd.

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