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Housing developer gets life sentence for defrauding 1,000 people with nonexistent projects

Housing developer gets life sentence for defrauding 1,000 people with nonexistent projects

A property developer in southern Vietnam has been sentenced to life imprisonment for defrauding nearly 1,000 people out VND486 billion (US$18.54 million) by false claims about housing projects.
Hanoians cannot find new apartments for under $2,300 per square meter

Hanoians cannot find new apartments for under $2,300 per square meter

Hong Kong stock exchange operator's former CEO acquires luxury flat for nearly $6M

Hong Kong stock exchange operator's former CEO acquires luxury flat for nearly $6M

McDonald's to sell 8 Hong Kong retail spaces valued at $153M

McDonald's to sell 8 Hong Kong retail spaces valued at $153M

McDonald's Corp is planning to sell eight prime retail properties in Hong Kong with a total market value of around HK$1.2 billion (US$152.89 million), JLL, which has been appointed as the sole agent of the sale, said on Monday.
July 28, 2025 | 03:21 pm GMT+7
Singapore’s Green Bus Company founding family lists $47M bungalow for sale

Singapore’s Green Bus Company founding family lists $47M bungalow for sale

The family that founded Singapore’s renowned Green Bus Company has listed a bungalow for sale at SGD60 million (US$47 million) in a luxury area with low population.
July 25, 2025 | 10:18 am GMT+7
No new apartment under $1,500 per sqm in HCMC for 2nd year in a row

No new apartment under $1,500 per sqm in HCMC for 2nd year in a row

For a second year in a row no apartment project priced at under VND40 million (US$1,500) per square meter was launched in HCMC in the year’s first half.
July 23, 2025 | 11:21 am GMT+7
Morgan Stanley managing director spends $18.8M on two Hong Kong luxury flats

Morgan Stanley managing director spends $18.8M on two Hong Kong luxury flats

David Wraight, managing director at investment bank Morgan Stanley, has acquired two luxury flats in southern Hong Kong for HK$147.3 million (US$18.8 million).
July 23, 2025 | 11:07 am GMT+7
Downtown HCMC retail rents reach $300 per sq.m

Downtown HCMC retail rents reach $300 per sq.m

Retail space rents in central HCMC remain at a high US$300 per square meter per month due to strong demand from foreign brands and limited new supply.
July 23, 2025 | 06:53 am GMT+7
Bangkok condo supply slides to 16-year low

Bangkok condo supply slides to 16-year low

Bangkok’s condominium market reached an unprecedented 16-year low in supply in the second quarter of the 2025 financial year due to high interest rates and increasing construction costs.
July 22, 2025 | 11:08 am GMT+7
Late Indonesian billionaire Eka Tjipta Widjaja’s granddaughter buys $19M bungalow in Singapore

Late Indonesian billionaire Eka Tjipta Widjaja’s granddaughter buys $19M bungalow in Singapore

Mimi Yuliana Maeloa, granddaughter of the late Indonesian billionaire Eka Tjipta Widjaja, has spent S$25 million (US$19 million) on a good class bungalow in Singapore.
July 19, 2025 | 07:06 am GMT+7
Housing developers resort to livestreaming to sell

Housing developers resort to livestreaming to sell

Some housing developers are using livestreaming to sell their properties, but analysts dismiss this as a publicity stunt rather than any shift in sales strategy.
July 17, 2025 | 04:43 pm GMT+7
Macau property tycoon Loi Keong Kuong sells 5 Singapore houses at a loss

Macau property tycoon Loi Keong Kuong sells 5 Singapore houses at a loss

Macau property magnate Loi Keong Kuong and his family have sold five shophouses in Singapore’s Chinatown at prices ranging from 5% to 20% below their acquisition costs from a decade ago.
July 17, 2025 | 09:42 am GMT+7
Feel-good factors send southern apartment sales soaring

Feel-good factors send southern apartment sales soaring

Apartment demand in Ho Chi Minh City and other southern localities showed signs of strong recovery in the second quarter.
July 15, 2025 | 05:00 pm GMT+7
Singapore offers the most attainable homes among major Asian cities: report

Singapore offers the most attainable homes among major Asian cities: report

Singapore's public Housing & Development Board (HDB) apartments are the most attainable way to own a home in any major Asian city, according to a new report.
July 14, 2025 | 08:00 pm GMT+7
Kim Soo Hyun sells Seoul property for 165% profit amid legal challenges over underage dating allegations

Kim Soo Hyun sells Seoul property for 165% profit amid legal challenges over underage dating allegations

South Korean actor Kim Soo Hyun has reportedly sold a Seoul property for 8 billion won (US$6.3 million), making a 5.02 billion won profit, or a 165% return, after buying it for 3.02 billion won.
July 10, 2025 | 04:38 pm GMT+7
Foreign investment in Vietnam property doubles

Foreign investment in Vietnam property doubles

Foreign direct investment in Vietnam’s property sector jumped 2.4 times to US$4.8 billion in the first half this year, latest data shows.
July 9, 2025 | 07:48 am GMT+7
Interest rate falls further on subsidized loans for homebuyers under 35

Interest rate falls further on subsidized loans for homebuyers under 35

Social housing buyers aged up to 35 years are now eligible to borrow at 5.9% interest under a government program to help young people acquire homes.
July 7, 2025 | 04:52 pm GMT+7
South Korean actor Won Bin’s property value soars threefold

South Korean actor Won Bin’s property value soars threefold

The value of a building in Seoul’s Samseong-dong area owned by actor Won Bin has risen from 14.5 billion won (US$10.7 million) to 43.2 billion won, marking a threefold jump.
July 2, 2025 | 04:47 pm GMT+7
Hong Kong still world’s most expensive city to buy a home, beating Zurich and Singapore

Hong Kong still world’s most expensive city to buy a home, beating Zurich and Singapore

Hong Kong continues to boast the world's costliest homes, edging out Zurich and Singapore despite a 20% decline in prices since 2020, a new report shows.
July 1, 2025 | 09:46 am GMT+7
Son of HSBC Asia's chairman Peter Wong spends $29M on Hong Kong luxury homes

Son of HSBC Asia's chairman Peter Wong spends $29M on Hong Kong luxury homes

Jeremy Wong, son of Peter Wong, chairman of HSBC’s Asia subsidiary, has bought four luxury flats in Hong Kong this year, spending at least HK$231 million (US$29 million).
June 30, 2025 | 03:02 pm GMT+7
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