Transaction volume in key markets across Asia declined by 24 percent, year-on-year, in the third quarter this year, signaling that some property investors could be interested in other overseas markets.
Investors are looking beyond London and embracing the enduring charm of the English countryside.
A 25-acre estate in Beverly Hills has been introduced to the luxury real estate market for USD195 million, making it the most expensive private residence for sale in the United States.
Luxury homebuyers in Phnom Penh will soon have more options to choose from as a new high-rise condominium project opens and another one launches this month.
Ultra high-end residential real estate buyers will soon be able to join auctions for the most prime properties at Luxury SQft, a new website that specialises in luxury real estate.
Ayala Land Premier this week announced that it had sold the country’s most expensive condominium unit to date, with a price tag of nearly PHP200 million (USD4.5 million).
With the rising popularity of online realty in mainstream markets, global property website operators REA Group and RE/MAX recently announced the expansion of their businesses in North America.
An array of foreign investments is currently driving real estate momentum across Asia-Pacific.
A South Korean pension management group recently announced its USD322 million investment scheme in the German property market.
Germany’s revitalised property market is attracting a new wave of affluent investors.
Dubbed the Asian Wolf by economists, Mongolia has made its way out of the wilderness and on to the investment radar.
A group of real estate agents from Miami, Florida is planning a visit to China on the third week of October to attract a wealth of offshore Chinese investors.
California-based real estate firm Century 21 enters the emerging Cambodian property market with today’s formal opening of its local operations in the country.
The search for international residential properties by Chinese investors has recently expanded to the United Kingdom’s prime regional markets, according to global real estate advisory firm Savills.
Some top-tier cities in the Asia-Pacific region are not planning to ease restrictions in the residential property market any time soon, according to industry experts.
An influx of wealthy Chinese investors from Mainland China, Hong Kong and Taiwan are hoping to boost the real estate markets in United States and Japan by purchasing high-end and luxury properties.
Several Asia-based property firms are mulling global expansion by targeting regional and foreign markets.
UMLand Bhd of Malaysia and Asset Homes of India are expanding their operations overseas by launching new offices in Singapore and Dubai, respectively.
A historic nine-storey penthouse apartment at New York City landmark Woolworth Building is being offered for sale for USD110 million, a record for lower Manhattan.
A six-bedroom property in Sydney became this year’s most expensive Australia home sale after being acquired for an estimated AUD30 million (USD27.79 million).