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New Zealand relaxes rules on foreigners owning property
New Zealand will allow wealthy foreign investors to buy property, partially reversing a seven-year ban that had aimed to cool soaring prices.
HCMC private homes cost 176 times average income
Property developers’ inventories soar to record levels
Rising prices take housing increasingly out of reach of young buyers
Even people with a monthly income of VND30 million (US$1,138), almost four times the national average, will have a hard time buying a house amid surging prices, analysts say.
September 1, 2025 | 06:15 am GMT+7
Creative lighting design transforms compact home into sunlit haven
A vertical lighting solution fills this house in Da Nang City with natural sunlight and greenery, compensating for its awkward location deep inside an alley.
August 28, 2025 | 12:32 pm GMT+7
Singapore billionaire Peter Lim's Thomson Medical unveils $4.3B mixed-use project in Malaysia’s Johor
Thomson Medical Group, controlled by Singaporean billionaire Peter Lim, has launched a project to build a private hospital and residential and commercial properties worth over RM18 billion (US$4.3 billion) in Malaysia's Johor state.
August 26, 2025 | 11:27 am GMT+7
Americans snap up almost half of foreign-owned apartments in Seoul
Nearly half of all apartments in Seoul owned by foreigners are held by U.S. nationals, who show a preference for the city’s high-value districts.
August 25, 2025 | 07:02 am GMT+7
Hanoi apartment rental yields trend downward as prices shoot up
The average rental yield for apartments in Hanoi is around 3.4%, lower than bank deposit interest rates and yields in other Asian markets.
August 24, 2025 | 12:12 pm GMT+7
Malaysian property giant UOA Group snaps up prime HCMC lot for $68M
Leading Malaysian developer UOA Group has acquired a prime land lot in HCMC for $68 million, making it one of the city’s largest real estate transactions this year.
August 19, 2025 | 04:24 pm GMT+7
Tenants struggle as Hanoi apartment rents skyrocket
After receiving notice that the rent for their apartment in Hanoi will increase by 15% once their lease expires, Hoang Phuc and his wife decided to move elsewhere.
August 17, 2025 | 08:31 am GMT+7
Apartment prices jump on secondary market as legal obstacles cleared in HCMC
The prices of older apartments in HCMC are surging by 15-20% following the resolution of legal obstacles, enabling the issuance of title deeds.
August 11, 2025 | 01:18 pm GMT+7
Singapore billionaire Kwek family’s CDL sets new record price for executive condo site with $610 psf ppr bid
City Developments, led by Singapore’s billionaire Kwek family, has set a new record price for executive condominium land in the city-state with its recent bid of S$782 (US$610) per square foot per plot ratio for a Woodlands site.
August 8, 2025 | 06:27 am GMT+7
60-year Deep Water Bay mansion of Hong Kong’s richest billionaire Li Ka Shing at center of false sale claims
Hong Kong billionaire Li Ka Shing’s family home of more than 60 years has recently drawn public attention after his son refuted online rumors falsely claiming the property was up for sale.
August 6, 2025 | 11:31 am GMT+7
World’s youngest self-made woman billionaire Lucy Guo buys Los Angeles mansion for nearly $30M
Lucy Guo, co-founder of artificial intelligence startup Scale AI and the world’s youngest self-made woman billionaire, has spent US$29.5 million on a mansion in Los Angeles’s Hollywood Hills neighborhood.
August 4, 2025 | 03:59 pm GMT+7
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.
August 2, 2025 | 09:13 am GMT+7
Hanoians cannot find new apartments for under $2,300 per square meter
Apartments priced below VND60 million (US$2,300) per square meter have virtually disappeared in Hanoi in recent times as the market moves relentlessly toward high-end, high-profit developments.
July 31, 2025 | 02:00 pm GMT+7
Hong Kong stock exchange operator's former CEO acquires luxury flat for nearly $6M
Francis Yuen Tin Fan, former CEO of the Hong Kong stock exchange's operator, and his wife have purchased a luxury apartment in the city for HK$46.5 million (US$5.92 million).
July 30, 2025 | 07:20 am GMT+7
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
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
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
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