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Thailand’s 3rd wealthiest billionaire Charoen Sirivadhanabhakdi’s consortium offers $380M bid for prime Singapore land

Thailand’s 3rd wealthiest billionaire Charoen Sirivadhanabhakdi’s consortium offers $380M bid for prime Singapore land

A consortium including Frasers Property, controlled by Thai billionaire Charoen Sirivadhanabhakdi has outbid eight competitors with a SGD491.5 million (US$386 million) offer for a prime land lot in Singapore.
Ex-wife of Evergrande’s chairman Hui Ka Yan spent $67M on luxury London apartments months after company defaulted

Ex-wife of Evergrande’s chairman Hui Ka Yan spent $67M on luxury London apartments months after company defaulted

Vinpearl resorts of Vietnam's richest man Pham Nhat Vuong breaks ground on $1.7B tourism complex in Da Nang

Vinpearl resorts of Vietnam's richest man Pham Nhat Vuong breaks ground on $1.7B tourism complex in Da Nang

Chinese actor Chi Zhongrui promotes real estate development despite fortune of billionaire wife, 11 years his senior

Chinese actor Chi Zhongrui promotes real estate development despite fortune of billionaire wife, 11 years his senior

Actor Chi Zhongrui, famed for playing Tang Sanzang in the 1986 TV series “Journey to the West,” has drawn attention for promoting real estate despite being married to billionaire Chen Lihua.
June 23, 2025 | 08:18 pm GMT+7
Paris Hilton buys $63M Beverly Park mansion from Chinese billionaire’s family after losing Malibu home in wildfire

Paris Hilton buys $63M Beverly Park mansion from Chinese billionaire’s family after losing Malibu home in wildfire

American socialite Paris Hilton has purchased a US$63 million Beverly Park estate from a firm controlled by Chinese billionaire Xu Hang’s wife after losing her Malibu home in the Los Angeles wildfires.
June 22, 2025 | 04:18 pm GMT+7
138 luxury apartments sold at record-low prices within hours at Hong Kong project led by billionaire Cheng family’s New World

138 luxury apartments sold at record-low prices within hours at Hong Kong project led by billionaire Cheng family’s New World

The first batch of apartments at the Deep Water Pavilia luxury residential project, built by a New World Development-led consortium in southern Hong Kong Island, sold out within hours at record-low prices.
June 16, 2025 | 05:48 pm GMT+7
Pop star Karen Mok buys $10.8M luxury apartment in Hong Kong prime area

Pop star Karen Mok buys $10.8M luxury apartment in Hong Kong prime area

Hong Kong pop star and actress Karen Mok Man-wai has purchased a high-end apartment in the city for HKD85 million (US$10.8 million), as celebrities and investors snap up prime properties at bargain prices.
June 16, 2025 | 02:42 pm GMT+7
Billionaire F1 heiress Petra Ecclestone gives up sale of $200M London mansion

Billionaire F1 heiress Petra Ecclestone gives up sale of $200M London mansion

Petra Ecclestone, British heiress and daughter of Formula 1 billionaire Bernie Ecclestone, is pulling her GBP175 million (US$201 million) mansion in London off the market.
June 16, 2025 | 06:29 am GMT+7
Singapore swaps prime land with Malaysian billionaire king’s son for historic family lot

Singapore swaps prime land with Malaysian billionaire king’s son for historic family lot

Singapore’s government is exchanging a plot of land in one of its most expensive residential areas with the eldest son of Malaysia’s billionaire king for a larger vacant lot owned by his family for over a century.
June 13, 2025 | 11:29 am GMT+7
Government seeks to bring down property prices to make housing more accessible

Government seeks to bring down property prices to make housing more accessible

The government has directed ministries and other agencies to pinpoint the causes of escalating property prices and propose measures to stabilize them.
June 11, 2025 | 05:14 pm GMT+7
Thai developers turn to Phuket, targeting US and Chinese buyers as Bangkok market cools

Thai developers turn to Phuket, targeting US and Chinese buyers as Bangkok market cools

Property developers are shifting their focus from Bangkok to Thailand’s southern island Phuket, seeking to capitalize on demand from tourists and retirees from China and the U.S.
June 9, 2025 | 04:54 pm GMT+7
Hong Kong’s prominent Ho Shung-pun family lists building for $44M after offloading luxury homes on the Peak

Hong Kong’s prominent Ho Shung-pun family lists building for $44M after offloading luxury homes on the Peak

The family of Ho Shung-pun, a prominent Hong Kong property clan, has listed a commercial building at HK$350 million (US$44.6 million) after offloading luxury homes on The Peak last year to repay debt.
June 6, 2025 | 06:46 am GMT+7
Hong Kong stock exchange operator HKEX’s chairman Carlson Tong sells luxury home for $9M

Hong Kong stock exchange operator HKEX’s chairman Carlson Tong sells luxury home for $9M

Carlson Tong, chairman of Hong Kong Exchanges and Clearing, has sold a luxury house in the city’s Pok Fu Lam area for HK$70 million (US$8.9 million), nearly three times its purchase price.
June 4, 2025 | 06:11 am GMT+7
Ho Chi Minh City to raise $1B by auctioning six land lots in Thu Duc

Ho Chi Minh City to raise $1B by auctioning six land lots in Thu Duc

Ho Chi Minh City aims to raise over VND25.4 trillion (US$1 billion) by auctioning six land lots in its Thu Duc city, including several prime locations in the Thu Thiem urban area.
May 31, 2025 | 11:42 am GMT+7
Sister of former Hong Kong chief executive Tung Chee-hwa acquires $15M flat

Sister of former Hong Kong chief executive Tung Chee-hwa acquires $15M flat

Shirley Peng, sister of former Hong Kong Chief Executive Tung Chee-hwa, reportedly purchased a HK$119 million (US$15.2 million) flat in the city’s affluent Mid-Levels neighborhood amid an ongoing property slump.
May 30, 2025 | 01:58 pm GMT+7
Hong Kong rich families offload luxury homes to repay debts

Hong Kong rich families offload luxury homes to repay debts

Some of Hong Kong’s richest families are selling their personal residences to manage rising debts as the city’s prolonged property downturn persists.
May 26, 2025 | 06:31 am GMT+7
Wife of Meitu billionaire co-founder Mike Cai Wensheng buys $60M Hong Kong house

Wife of Meitu billionaire co-founder Mike Cai Wensheng buys $60M Hong Kong house

The spouse of the co-founder of Chinese selfie app Meitu has purchased a HK$465.8 million (US$60 million) residence in Hong Kong’s prestigious Jardine’s Lookout neighborhood.
May 23, 2025 | 10:24 am GMT+7
Airbnb-like short-term housing lease ban reviewed for inconsistency with laws

Airbnb-like short-term housing lease ban reviewed for inconsistency with laws

The Ministry of Construction is reviewing regulations that prohibit the short-term lease of apartments to ensure they do not fall foul of laws.
May 19, 2025 | 11:18 am GMT+7
Trump Organization's $1.5B hotel, golf project approved in northern Vietnam

Trump Organization's $1.5B hotel, golf project approved in northern Vietnam

A 990-hectare urban, eco-tourism, and golf complex in the northern province of Hung Yen with a total investment of $1.5 billion has been approved for investment.
May 17, 2025 | 02:14 pm GMT+7
Hong Kong property slump hits real estate owned by celebrities and tycoons, including Nicholas Tse and Stanley Ho’s family

Hong Kong property slump hits real estate owned by celebrities and tycoons, including Nicholas Tse and Stanley Ho’s family

Hong Kong’s prolonged property downturn is dragging down the value of real estate owned by celebrities and tycoons, including actor Nicholas Tse and the family of late Macau casino magnate Stanley Ho.
May 14, 2025 | 10:55 am GMT+7
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