https://www.scmp.com/rss/44/feed All the latest international property market news, advice on moving house, new homes, lettings and rentals search en https://assets-v2.i-scmp.com/production/static/img/icons/scmp-meta-1200x630.png https://www.scmp.com Cheryl Arcibal Cheryl Arcibal Nearly one-fifth of surveyed companies in the Asia-Pacific region believe wider adoption of artificial intelligence will reduce their real estate needs, a new study by CBRE has found. More than half – 56 per cent – held a neutral view, believing either that AI had no impact on office space demand or that it was too early to determine its effect, according to the property consultancy’s poll of corporate real estate executives in the region. The remaining 25 per cent said AI adoption would require... https://www.scmp.com/business/article/3367940/will-ai-adoption-shrink-office-space-asia-pacific-firms-are-fence-survey?utm_source=rss_feed https://www.scmp.com/business/article/3367940/will-ai-adoption-shrink-office-space-asia-pacific-firms-are-fence-survey?utm_source=rss_feed Fri, 18 Sep 2026 10:00:06 +0000 Cheryl Arcibal Cheryl Arcibal Comments by US Federal Reserve chairman Kevin Warsh at its annual economic policy symposium in Jackson Hole last month have reinforced expectations of an impending interest rate rise in the world’s largest economy, which would have significant impacts on assets and investors around the world. While the Fed kept its target rate in the range of 3.5 to 3.75 per cent at its meeting in July, Warsh’s comments last month about it having work to do in controlling inflation have heightened expectations... https://www.scmp.com/business/article/3366386/which-overseas-property-markets-will-be-winners-and-losers-if-fed-raises-us-rates?utm_source=rss_feed https://www.scmp.com/business/article/3366386/which-overseas-property-markets-will-be-winners-and-losers-if-fed-raises-us-rates?utm_source=rss_feed Sun, 06 Sep 2026 08:00:08 +0000 Peggy Ye Peggy Ye The owner of Hong Kong’s iconic Peninsula hotel plans to invest HK$2.1 billion (US$268 million) to renovate its flagship hotel in the city and its Tokyo property, betting on the long-term strength of the luxury travel market despite geopolitical uncertainty and volatile consumer demand. Hongkong and Shanghai Hotels (HSH), which owns and operates The Peninsula hotel chain, announced the renovation plan on Wednesday alongside interim results showing a return to profit after stronger performances... https://www.scmp.com/business/companies/article/3363063/peninsula-group-renovate-hong-kong-flagship-tokyo-hotel-us268m-project?utm_source=rss_feed https://www.scmp.com/business/companies/article/3363063/peninsula-group-renovate-hong-kong-flagship-tokyo-hotel-us268m-project?utm_source=rss_feed Wed, 05 Aug 2026 11:00:10 +0000 Zhu Wenqian Zhu Wenqian Foreign purchases of US homes fell to their second-lowest level on record between April last year and March, although Chinese buyers remained the largest spenders as they bought higher-priced properties primarily in California, a new report found. Chinese buyers, last year’s top group, fell to third place in terms of home buying volume, behind Canada and Mexico. India and the UK were in fourth and fifth spots, according to a report on international transactions by the National Association of... https://www.scmp.com/business/article/3362454/foreign-buying-us-homes-falls-14-chinese-remain-top-spenders-despite-state-curbs?utm_source=rss_feed https://www.scmp.com/business/article/3362454/foreign-buying-us-homes-falls-14-chinese-remain-top-spenders-despite-state-curbs?utm_source=rss_feed Fri, 31 Jul 2026 00:00:38 +0000 Peggy Ye Peggy Ye Hongkong Land will acquire Singapore’s Wheelock Place for about S$1.1 billion (US$900 million) through its Singapore Central Private Real Estate Fund (SCPREF), marking the fund’s first acquisition since its launch in February. The mixed-use commercial property on Orchard Road is being acquired from an entity owned by Hong Kong-listed Wharf Real Estate Investment Company, according to a statement released by Hongkong Land on Thursday. The transaction is expected to conclude by the end of... https://www.scmp.com/business/banking-finance/article/3362425/hongkong-land-acquires-singapores-wheelock-place-us900m-deal?utm_source=rss_feed https://www.scmp.com/business/banking-finance/article/3362425/hongkong-land-acquires-singapores-wheelock-place-us900m-deal?utm_source=rss_feed Thu, 30 Jul 2026 12:46:20 +0000 Cheryl Arcibal Cheryl Arcibal The US-Israel war on Iran has cooled demand for homes in Dubai as buyers hold off on making purchases and businesses delay relocations of executives and staff to the Middle East, according to analysts. The hostilities began in February with strikes in Tehran and later developed into a wider regional conflict. “While citywide sales volumes were down just 13.6 per cent year on year in the first half of 2026, activity weakened markedly in May and June, with the number of homes changing hands... https://www.scmp.com/business/article/3361877/demand-dubai-homes-cools-middle-east-conflict-drags?utm_source=rss_feed https://www.scmp.com/business/article/3361877/demand-dubai-homes-cools-middle-east-conflict-drags?utm_source=rss_feed Sun, 26 Jul 2026 10:00:06 +0000 Cheryl Arcibal Cheryl Arcibal Mainland Chinese immigrants were estimated to have bought as much as C$5.7 billion (US$4 billion) worth of homes in Canada last year, making them a key group of non-local investors propping up the residential property market, according to one estimate. Ottawa barred most foreigners from purchasing homes in 2023 to cool soaring prices, initially imposing the restriction for two years before extending it until 2027. The ban, however, exempted students, foreign workers and permanent residents. “A... https://www.scmp.com/business/article/3361175/chinese-immigrants-emerge-pivotal-players-canadas-property-market-amid-foreign-ban?utm_source=rss_feed https://www.scmp.com/business/article/3361175/chinese-immigrants-emerge-pivotal-players-canadas-property-market-amid-foreign-ban?utm_source=rss_feed Mon, 20 Jul 2026 12:00:10 +0000 Cheryl Arcibal Cheryl Arcibal Australia’s tourism appeal and property price correction are reinforcing the case for mainland Chinese and Hong Kong investors to buy homes down under, according to agents. Education had long been a major draw for many mainland and Hong Kong buyers, but the country’s tourist attractions, relaxed lifestyle and moderating property prices in major cities such as Sydney and Melbourne were burnishing its appeal as a top investment destination, agents said. “Who wouldn’t like to look out from their... https://www.scmp.com/business/article/3360988/tourism-appeal-adds-australias-edge-drawing-mainland-chinese-hong-kong-homebuyers?utm_source=rss_feed https://www.scmp.com/business/article/3360988/tourism-appeal-adds-australias-edge-drawing-mainland-chinese-hong-kong-homebuyers?utm_source=rss_feed Sun, 19 Jul 2026 01:00:10 +0000 Cheryl Arcibal Cheryl Arcibal Berkshire Hathaway’s all-cash acquisition of home builder Taylor Morrison for US$6.8 billion is likely to trigger more investment in the US housing market, as institutional confidence in the segment encourages more home purchases in the world’s largest economy by local and overseas buyers, according to analysts. The US-based conglomerate made the investment in May, deepening its bet on the US residential property market. It marked the first multibillion-dollar acquisition under CEO and president... https://www.scmp.com/business/article/3359411/berkshire-hathaways-multibillion-dollar-buy-taylor-morrison-boost-us-housing-market?utm_source=rss_feed https://www.scmp.com/business/article/3359411/berkshire-hathaways-multibillion-dollar-buy-taylor-morrison-boost-us-housing-market?utm_source=rss_feed Sun, 05 Jul 2026 12:00:09 +0000 Cheryl Arcibal Cheryl Arcibal With Japan imposing higher visa fees for tourists from July while moving away from an ultra-loose monetary policy, foreign investors must prepare themselves for both direct and indirect impacts on their real estate assets, according to agents and analysts. There is a dearth of data on the total number of homes bought by non-residents in Japan, but agents said the two main reasons for purchasing were to either use them as a primary base while they explored the country’s tourist destinations, or... https://www.scmp.com/business/article/3358584/will-japans-tourist-visa-fees-interest-rate-policy-impact-its-booming-property-market?utm_source=rss_feed https://www.scmp.com/business/article/3358584/will-japans-tourist-visa-fees-interest-rate-policy-impact-its-booming-property-market?utm_source=rss_feed Sun, 28 Jun 2026 01:00:08 +0000 Cheryl Arcibal Cheryl Arcibal Thailand’s crackdown on a loophole that effectively bypasses its restrictions on land ownership by foreigners is causing prospective buyers to delay purchase decisions on luxury villas in resort destinations such as Phuket and Koh Samui, according to agents. Bangkok has stepped up its scrutiny of business and property ownership in the country, with the Department of Business Development (DBD) flagging 11,426 companies on Koh Phangan and Koh Samui where foreigners hold stakes, accounting for... https://www.scmp.com/business/article/3357761/thai-property-crackdown-foreign-buyers-hit-pause-villas-nominee-loophole-closes?utm_source=rss_feed https://www.scmp.com/business/article/3357761/thai-property-crackdown-foreign-buyers-hit-pause-villas-nominee-loophole-closes?utm_source=rss_feed Sun, 21 Jun 2026 03:30:09 +0000 Cheryl Arcibal Cheryl Arcibal Asia-Pacific cities account for 39 per cent of the top global financial services companies and about 36 per cent of the world’s leading financial centres, Colliers said. Supported by strong labour markets and venture capital activity, cities such as Singapore, Beijing, Shanghai and Hong Kong ranked among the region’s top talent hubs. However, New York emerged as the clear leader in the property consultant’s report, scoring 4.6 out of a possible 5, followed by London with a mark of 3.9 and... https://www.scmp.com/business/article/3356653/asia-pacific-home-more-third-worlds-top-finance-centres-colliers?utm_source=rss_feed https://www.scmp.com/business/article/3356653/asia-pacific-home-more-third-worlds-top-finance-centres-colliers?utm_source=rss_feed Wed, 10 Jun 2026 11:31:46 +0000 Cheryl Arcibal Cheryl Arcibal Hong Kong families in the United Kingdom and Canada are facing deep uncertainty due to shifting immigration policies and the rising cost of living, and some are looking for alternative destinations to settle. Property agents said Spain’s Non-Lucrative Visa (NLV), designed for retirees and anyone who can support themselves without employment, had become one of their top choices. The NLV provides a pathway for citizens outside the European Union and the European Economic Area who have enough... https://www.scmp.com/business/article/3355359/spains-property-market-sees-boost-hongkongers-others-depart-uk-and-canada?utm_source=rss_feed https://www.scmp.com/business/article/3355359/spains-property-market-sees-boost-hongkongers-others-depart-uk-and-canada?utm_source=rss_feed Sun, 31 May 2026 01:30:14 +0000 Daniel Ren Daniel Ren Chinese companies have found it difficult to secure offices, logistics facilities and retail space when expanding their footprints abroad, forcing some to put their global expansion plans on hold due to failed property strategies, according to a JLL report. The real estate services firm said 82 per cent of corporate respondents in a survey reported either paying more than expected to buy or rent properties, or wasting time in failed searches or prolonged furnishing, representing a stern... https://www.scmp.com/business/china-business/article/3354678/property-challenges-put-chinese-firms-go-global-plans-risk-jll-says?utm_source=rss_feed https://www.scmp.com/business/china-business/article/3354678/property-challenges-put-chinese-firms-go-global-plans-risk-jll-says?utm_source=rss_feed Mon, 25 May 2026 03:00:06 +0000 Cheryl Arcibal Cheryl Arcibal The artificial intelligence boom is partially spurring investment in Asia-Pacific’s data centre properties with a record US$11.6 billion worth of capital poured into the segment in 2025, according to CBRE. In Hong Kong, while AI-related demand is unlikely to be met because of technical limitations, leasing of data centre space was supported by “hyperscale CSPs (cloud service providers), mainland Chinese technology and e-commerce companies and financial institutions”, the property consultancy... https://www.scmp.com/business/article/3354407/ai-boom-fuels-us116b-data-centre-investment-asia-pacific-hong-kong-eyes-niche-role?utm_source=rss_feed https://www.scmp.com/business/article/3354407/ai-boom-fuels-us116b-data-centre-investment-asia-pacific-hong-kong-eyes-niche-role?utm_source=rss_feed Thu, 21 May 2026 23:00:10 +0000 Peggy Ye Peggy Ye The liquidators of China Evergrande Group are seeking 57 billion yuan (US$8.4 billion) from three PricewaterhouseCoopers (PwC) entities in one of the largest corporate lawsuit claims in Hong Kong, arguing the firm’s global coordinating arm assumed responsibility for audits linked to the collapsed developer’s accounting scandal. Evergrande’s liquidators, Tiffany Wong and Eddie Middleton of Alvarez & Marsal, were pursuing the claim against PwC International, PwC Hong Kong and PwC China jointly,... https://www.scmp.com/business/article/3353983/evergrande-liquidators-seek-us84-billion-pwc-entities-hong-kong-lawsuit?utm_source=rss_feed https://www.scmp.com/business/article/3353983/evergrande-liquidators-seek-us84-billion-pwc-entities-hong-kong-lawsuit?utm_source=rss_feed Mon, 18 May 2026 10:03:29 +0000 Cheryl Arcibal Cheryl Arcibal The Asia-Pacific region’s commercial property investments surged in the first quarter, according to data tracked by analysts, as early signs of recovery in office and retail segments across Hong Kong and mainland China boosted deal volumes. Total investment in offices, retail spaces, industrial units, data centres, hotels, apartments, senior housing and other asset classes climbed 22 per cent to US$51.1 billion from the same period in 2025, data from MSCI showed. Hong Kong contributed US$1.8... https://www.scmp.com/business/article/3353239/hong-kong-mainland-china-spur-surge-asia-pacific-commercial-property-deals?utm_source=rss_feed https://www.scmp.com/business/article/3353239/hong-kong-mainland-china-spur-surge-asia-pacific-commercial-property-deals?utm_source=rss_feed Tue, 12 May 2026 09:00:08 +0000 Cheryl Arcibal Cheryl Arcibal Hong Kong’s Tsim Sha Tsui has retained its title as Asia’s priciest luxury retail strip, commanding €16,160 (US$18,980) per square metre in annual rents, as the city remains among the world’s most active markets in terms of new high-end store openings, according to Savills. London’s Bond Street replaced Tsim Sha Tsui as the top global luxury retail property market with rents of €19,228 per square metre per year, according to the ninth edition of the UK-based property consultancy’s Global Luxury... https://www.scmp.com/business/article/3353134/hong-kongs-tsim-sha-tsui-tops-asia-luxury-retail-rents-bond-street-worlds-priciest?utm_source=rss_feed https://www.scmp.com/business/article/3353134/hong-kongs-tsim-sha-tsui-tops-asia-luxury-retail-rents-bond-street-worlds-priciest?utm_source=rss_feed Mon, 11 May 2026 08:35:05 +0000 Cheryl Arcibal Cheryl Arcibal China has become one of the largest sources of investment in land parcels and other properties in Singapore, as the safe-haven status of Southeast Asia’s top financial hub continues to attract global capital, according to analysts. China-linked developers and business entities have become more active in the market, said Alan Cheong, executive director for research and consultancy at Savills Singapore. “Chinese developers who have had experience in Singapore are now familiar with the rules,... https://www.scmp.com/business/article/3352046/singapores-safe-haven-status-draws-more-chinese-capital-property-sector?utm_source=rss_feed https://www.scmp.com/business/article/3352046/singapores-safe-haven-status-draws-more-chinese-capital-property-sector?utm_source=rss_feed Sun, 03 May 2026 02:00:09 +0000 Morning Studio editors Morning Studio editors Saudi Arabia is poised to become the world’s next major real estate investment hub, following record-breaking transactions at Cityscape Global, a Riyadh-based mega-event and platform for international exhibitors and investors shaping the future of global urban planning. The four-day event last November reinforced its position as the largest real estate exhibition globally, achieving US$63.2 billion in transactions – almost 1 billion dollars up on the previous year; it also drew institutional... https://www.scmp.com/native/property/international/topics/riyadhs-real-estate-showcase/article/3344678/global-real-estate-event-riyadh-sees-record-transactions-amid-growing-influence-sector?utm_source=rss_feed https://www.scmp.com/native/property/international/topics/riyadhs-real-estate-showcase/article/3344678/global-real-estate-event-riyadh-sees-record-transactions-amid-growing-influence-sector?utm_source=rss_feed Mon, 27 Apr 2026 04:00:08 +0000 Cheryl Arcibal Cheryl Arcibal Mainland China’s population of ultra-high-net-worth individuals (UHNWIs) – those with assets exceeding US$30 million – has grown by 23 per cent over the past five years to 121,677, and is projected to expand a further 18.8 per cent to 144,602 by 2031, according to Knight Frank. Despite that growth, China’s share of global UHNWIs edged down by one percentage point to 17 per cent this year and was expected to fall further to 15 per cent by 2031, as rapid wealth creation in the United States... https://www.scmp.com/business/article/3351114/mainland-chinas-ultra-wealthy-numbers-rise-hong-kong-tipped-faster-growth?utm_source=rss_feed https://www.scmp.com/business/article/3351114/mainland-chinas-ultra-wealthy-numbers-rise-hong-kong-tipped-faster-growth?utm_source=rss_feed Thu, 23 Apr 2026 07:00:03 +0000 Peggy Ye Peggy Ye Global flexible workspace operator WeWork is expanding in Hong Kong as companies scale back long-term office commitments, opening its fifth site in Causeway Bay to tap rising demand for short-term, flexible space amid economic and geopolitical uncertainty. The new location at Soundwill Plaza II Midtown, owned by Soundwill Holdings, was previously occupied by another co-working operator. WeWork secured the site after competing with several rivals. “In the current uncertain market outlook,... https://www.scmp.com/business/companies/article/3351036/wework-finds-new-lease-life-hong-kong-global-uncertainty-drives-demand?utm_source=rss_feed https://www.scmp.com/business/companies/article/3351036/wework-finds-new-lease-life-hong-kong-global-uncertainty-drives-demand?utm_source=rss_feed Wed, 22 Apr 2026 13:00:15 +0000 Peggy Ye Peggy Ye Rents in Hong Kong’s luxury housing market are rising as supply tightens, with returning overseas professionals heating up the competition to secure prime homes. The rebound is most evident in traditional upscale districts such as The Peak and Southside, where leasing activity has picked up sharply this year. Transactions reached 108 in the first quarter, with more than 40 per cent involving monthly rents above HK$100,000 (US$12,760), according to Midland Realty. At the centre of the surge is... https://www.scmp.com/business/companies/article/3349068/return-overseas-hires-meets-tighter-housing-supply-driving-hong-kong-luxury-rents?utm_source=rss_feed https://www.scmp.com/business/companies/article/3349068/return-overseas-hires-meets-tighter-housing-supply-driving-hong-kong-luxury-rents?utm_source=rss_feed Mon, 06 Apr 2026 02:00:08 +0000 Cheryl Arcibal Cheryl Arcibal A proposed cap on the ground rents paid by leasehold homeowners in England and Wales is seen as favouring foreign property investors, including those from Hong Kong and mainland China, but another measure tightening rules in setting rents is dampening demand ahead of its implementation, according to analysts. An estimated 203,000 homes in England and Wales are registered to owners with an overseas address. Hongkongers hold 14 per cent, making them the largest group of foreign investors in the... https://www.scmp.com/business/article/3349067/how-changes-home-rental-laws-england-will-impact-hong-kong-mainland-investors?utm_source=rss_feed https://www.scmp.com/business/article/3349067/how-changes-home-rental-laws-england-will-impact-hong-kong-mainland-investors?utm_source=rss_feed Sun, 05 Apr 2026 08:00:07 +0000 Aileen Chuang,Peggy Ye Aileen Chuang,Peggy Ye For Hong Kong’s Topaz Family Office, investing in hotels in Japan holds up as a sound decision even as a Middle East war clouds the macroeconomic environment. The wealth manager has made Japan a central plank of its pivot into hospitality and real estate over the past two years, driven by a sharp post-pandemic tourism rebound. The investment thesis now looks increasingly robust thanks to multiple structural tailwinds and a growing pool of institutional capital flowing into the same trade. “Japan... https://www.scmp.com/business/markets/article/3346535/japan-hotels-keep-luring-hong-kong-families-global-investors-despite-geopolitical-strains?utm_source=rss_feed https://www.scmp.com/business/markets/article/3346535/japan-hotels-keep-luring-hong-kong-families-global-investors-despite-geopolitical-strains?utm_source=rss_feed Sun, 15 Mar 2026 03:00:10 +0000 Peggy Ye Peggy Ye From Sydney to Hong Kong, wealth migration is reshaping the global super-luxury property market as activity picks up after two subdued years – though the dominance of relative newcomer Dubai is now being tested by the war in the Middle East. In Sydney, Peter Li, general manager at Plus Agency, said commission revenues on super-luxury homes had risen about 20 per cent from a year earlier. The firm, which handles more than US$300 million in annual sales, has hired six new staff members since... https://www.scmp.com/business/article/3345695/worlds-wealthy-relocate-rewriting-property-map-will-hong-kong-win-out?utm_source=rss_feed https://www.scmp.com/business/article/3345695/worlds-wealthy-relocate-rewriting-property-map-will-hong-kong-win-out?utm_source=rss_feed Sat, 07 Mar 2026 03:00:16 +0000 Cao Li Cao Li Singapore is the most expensive city in the Asia-Pacific region to outfit an office, driven by increased labour costs, a shortage of contractors and strict building standards, according to real estate consultancy Knight Frank. The city had the highest average fit-out cost at US$2,029 per square metre – ahead of Tokyo (US$1,994) and Taipei (US$1,593) – in the firm’s survey of 23 cities across Australasia, East Asia, Southeast Asia and India. It was also the most expensive place to set up an... https://www.scmp.com/business/article/3345398/singapore-offices-cost-most-outfit-asia-pacific-survey-says?utm_source=rss_feed https://www.scmp.com/business/article/3345398/singapore-offices-cost-most-outfit-asia-pacific-survey-says?utm_source=rss_feed Wed, 04 Mar 2026 08:30:32 +0000 Cheryl Arcibal Cheryl Arcibal As Hong Kong, mainland China and several other Asian markets usher in the Year of the Horse on Tuesday, the region’s commercial real estate sector is expected to draw increased cross-border capital, with certain segments set to outperform as mega-deals make a comeback, analysts said. Asia-Pacific was set to be a focus among global investors, with data cited by global commercial real estate consultancy Colliers showing that capital raised for the region’s property markets had surged by 130 per... https://www.scmp.com/business/article/3343573/asia-pacific-properties-set-steal-spotlight-mega-deals-return-year-horse?utm_source=rss_feed https://www.scmp.com/business/article/3343573/asia-pacific-properties-set-steal-spotlight-mega-deals-return-year-horse?utm_source=rss_feed Sun, 15 Feb 2026 06:00:12 +0000 Zhu Wenqian Zhu Wenqian Chinese companies are driving a fresh wave of investment in overseas properties, with new energy industrial facilities, cross-border e-commerce logistics centres, and smart city projects becoming investment hotspots, Knight Frank has said. Traditional residential development was on the wane, while industrial property, logistics real estate and commercial complexes were emerging as core investment priorities, according to a January report by the London-based property consultancy. It forecast that... https://www.scmp.com/business/article/3341527/chinese-firms-are-scoping-out-overseas-property-what-catching-their-eye?utm_source=rss_feed https://www.scmp.com/business/article/3341527/chinese-firms-are-scoping-out-overseas-property-what-catching-their-eye?utm_source=rss_feed Sun, 01 Feb 2026 08:00:10 +0000 Cheryl Arcibal Cheryl Arcibal Japan’s property market was less likely to deliver significant rewards to investors because of heightened geopolitical tensions with China, more than a tightened monetary policy, according to analysts. “The yield spread is likely to narrow as cap rates are unlikely to widen,” said Chinatsu Hani, head of research at Tokyo-based CBRE. “However, spreads should remain in positive territory.” The Bank of Japan in March last year began unwinding its nearly decade-long negative interest rate policy –... https://www.scmp.com/business/article/3339362/have-investors-missed-boat-japans-property-market-amid-tensions-china?utm_source=rss_feed https://www.scmp.com/business/article/3339362/have-investors-missed-boat-japans-property-market-amid-tensions-china?utm_source=rss_feed Sun, 11 Jan 2026 01:30:13 +0000 Advertising partner Advertising partner [The content of this article has been produced by our advertising partner.] Siam Piwat, Thailand’s leading real estate and retail developer, has long been recognized as a trailblazer redefining what world-class destinations can be. With NEXTOPIA, the company reinforces its role as a transformative force in the retail industry - creating a game-changing prototype that transcends physical design to spark imagination, inspire sustainable thinking, and open new possibilities for future... https://www.scmp.com/presented/property/international/topics/future-sustainable-living/article/3336575/nextopia-siam-piwats-game-changing-prototype-future-retail?utm_source=rss_feed https://www.scmp.com/presented/property/international/topics/future-sustainable-living/article/3336575/nextopia-siam-piwats-game-changing-prototype-future-retail?utm_source=rss_feed Thu, 18 Dec 2025 04:22:55 +0000 Cheryl Arcibal Cheryl Arcibal Hongkong Land is set to launch what it expects to be the largest private real estate fund in Singapore, with more than S$8 billion (US$6.2 billion) in assets under management, including prime commercial projects in the waterfront Marina Bay district. At inception, the Singapore Central Private Real Estate Fund (SCPREF) would include one-third stakes in One Raffles Quay and Marina Bay Financial Centre Towers 1 and 2, the Hong Kong-based commercial landlord and developer said in a statement on... https://www.scmp.com/business/article/3336260/hongkong-land-poised-launch-us6-billion-singapore-property-fund?utm_source=rss_feed https://www.scmp.com/business/article/3336260/hongkong-land-poised-launch-us6-billion-singapore-property-fund?utm_source=rss_feed Fri, 12 Dec 2025 11:30:18 +0000 Cheryl Arcibal Cheryl Arcibal Hong Kong-based Chow Tai Fook Enterprises (CTFE), the private investment holding company of the Cheng family and the parent firm of debt-ridden New World Development (NWD), has no plans to sell its prized Rosewood brand, according to sources familiar with the matter. “Rosewood has delivered exceptional results in recent years and is one of the family’s most cherished luxury hotel brands,” a source said. The group’s properties were operating as usual, with strategic investments in nearly 30... https://www.scmp.com/business/article/3336121/rosewood-hotel-brand-hong-kongs-chow-tai-fook-not-sale-sources-say?utm_source=rss_feed https://www.scmp.com/business/article/3336121/rosewood-hotel-brand-hong-kongs-chow-tai-fook-not-sale-sources-say?utm_source=rss_feed Fri, 12 Dec 2025 01:41:35 +0000 Cheryl Arcibal Cheryl Arcibal Adrian Cheng Chi-kong, former heir apparent to Hong Kong property giant New World Development (NWD), has partnered with a Dubai royal and businessman to spruce up the retail, leisure and cultural offerings of Wafi City, one of the United Arab Emirates (UAE) city’s top shopping destinations. Cheng and Dubai Sheikh Mana bin Khalifa Al Maktoum, founder and chairman of the Wafi Group, signed an agreement to set up a new entity called Wafi Anime 11 in Dubai on Wednesday, according to a statement on... https://www.scmp.com/business/companies/article/3336095/adrian-cheng-signs-retail-partnership-wafi-group-headed-dubai-royal?utm_source=rss_feed https://www.scmp.com/business/companies/article/3336095/adrian-cheng-signs-retail-partnership-wafi-group-headed-dubai-royal?utm_source=rss_feed Thu, 11 Dec 2025 11:16:29 +0000 Cheryl Arcibal Cheryl Arcibal Prime office rents in Hong Kong and Singapore are expected to reach parity within two years, driven by diverging dynamics in demand and supply for office properties in the rival business hubs, according to CBRE. By the fourth quarter of 2027, tenants in premium office spaces in Hong Kong were set to pay just over US$122 per square foot per year, while those in Singapore would face slightly higher costs at about US$123 per square foot annually, said Ada Choi, head of research for Asia-Pacific at... https://www.scmp.com/business/article/3333789/hong-kong-and-singapore-prime-office-rents-set-equalise-2027-cbre-says?utm_source=rss_feed https://www.scmp.com/business/article/3333789/hong-kong-and-singapore-prime-office-rents-set-equalise-2027-cbre-says?utm_source=rss_feed Mon, 24 Nov 2025 01:30:15 +0000 Cheryl Arcibal Cheryl Arcibal Hong Kong’s Tsim Sha Tsui remained the world’s fourth most expensive retail strip with rents at US$1,515 per square foot per year, as two other core shopping districts in the city – Causeway Bay and Central – also ranked among the Asia-Pacific’s priciest shopping locations, according to Cushman & Wakefield. London’s New Bond Street jumped two spots from last year to emerge as the world’s most expensive retail district, according to the real-estate services consultancy’s 35th “Main Streets Across... https://www.scmp.com/business/article/3333415/hong-kongs-tsim-sha-tsui-holds-ground-worlds-fourth-priciest-shopping-district?utm_source=rss_feed https://www.scmp.com/business/article/3333415/hong-kongs-tsim-sha-tsui-holds-ground-worlds-fourth-priciest-shopping-district?utm_source=rss_feed Wed, 19 Nov 2025 09:53:57 +0000 Cheryl Arcibal Cheryl Arcibal Hong Kong remains one of the world’s least affordable housing rental markets as constrained median household incomes are unable to keep up with limited availability and high demand in the city, according to German asset manager DWS. Three of the five least affordable housing rental markets were in Asia, with Bangkok and Mumbai taking up the top two spots and Hong Kong coming in fourth, according to DWS’ report tracking 80 cities worldwide released on Friday. Mexico City and Johannesburg rounded... https://www.scmp.com/business/article/3330218/hong-kong-rents-fourth-least-affordable-globally-bangkok-tops-list-dws-study?utm_source=rss_feed https://www.scmp.com/business/article/3330218/hong-kong-rents-fourth-least-affordable-globally-bangkok-tops-list-dws-study?utm_source=rss_feed Fri, 24 Oct 2025 10:30:08 +0000 Cao Li Cao Li Zhang Xin, a Chinese property billionaire whose co-founded company Soho China was behind many projects that gave Beijing its futuristic skyline, has acquired land in a prestigious residential neighbourhood in New York City for a luxury condominium development. Manhattan-based Closer Properties, led by Zhang, acquired five adjacent parcels on the city’s Upper East Side in a cash transaction totalling US$62.5 million, it said in a statement on Wednesday. Closer, which develops, owns and operates... https://www.scmp.com/business/article/3330020/soho-china-tycoon-zhang-xin-buys-land-nycs-tony-upper-east-side-luxury-condos?utm_source=rss_feed https://www.scmp.com/business/article/3330020/soho-china-tycoon-zhang-xin-buys-land-nycs-tony-upper-east-side-luxury-condos?utm_source=rss_feed Thu, 23 Oct 2025 05:15:59 +0000 Cheryl Arcibal Cheryl Arcibal As Japan enters a new era with the likely election of Sanae Takaichi as the first female prime minister of Asia’s second-largest economy, is it time for property investors to end their enduring love affair with Japanese real estate? The 64-year-old Takaichi emerged last week as the leader of Japan’s ruling Liberal Democratic Party, paving the way for her to seek the premiership, although uncertainties remain following the collapse of a coalition with the party’s allies. Under an anticipated... https://www.scmp.com/business/article/3329467/china-hong-kong-property-markets-stabilise-it-time-investors-quit-japan?utm_source=rss_feed https://www.scmp.com/business/article/3329467/china-hong-kong-property-markets-stabilise-it-time-investors-quit-japan?utm_source=rss_feed Sun, 19 Oct 2025 01:30:14 +0000 Cheryl Arcibal Cheryl Arcibal Fancy living in a Snow White and the Seven Dwarfs-themed neighbourhood? How about an opulent flat influenced by the luxury fashion house Versace? If that is not your thing, what about a luxury abode with a layout approved by tennis legend Rafael Nadal? Branded residential property – projects affiliated with well-known international marques and built in partnership with a developer – continue to be dominated by hotel brands, as homebuyers prefer to obtain the same amenities or services from those... https://www.scmp.com/business/article/3327839/disney-versace-and-nadal-rise-branded-residences-and-why-hong-kong-outlier?utm_source=rss_feed https://www.scmp.com/business/article/3327839/disney-versace-and-nadal-rise-branded-residences-and-why-hong-kong-outlier?utm_source=rss_feed Sun, 05 Oct 2025 01:30:14 +0000 Morning Studio editors Morning Studio editors Located at the intersection of Singapore’s central business district and Marina Bay at 1 Prince Edward Road, an impressive integrated vertical city with 1.5 million sq ft of floor area is set to dominate the city skyline. Towering 305 metres above ground, The Skywaters will be Singapore’s first super-tall skyscraper – a title reserved for buildings of more than 300 metres, according to the non-profit Council on Tall Buildings and Urban Habitat. The 63-storey Skywaters, estimated to be completed... https://www.scmp.com/native/property/international/topics/singapores-super-tall-skyscraper/article/3326340/life-top-singapores-tallest-skyscraper-sets-new-standard-elevated-living?utm_source=rss_feed https://www.scmp.com/native/property/international/topics/singapores-super-tall-skyscraper/article/3326340/life-top-singapores-tallest-skyscraper-sets-new-standard-elevated-living?utm_source=rss_feed Mon, 29 Sep 2025 08:01:17 +0000 Cheryl Arcibal Cheryl Arcibal Now that the US Federal Reserve has embarked on a policy easing cycle, with some other central banks around the world following suit, property investors must treat these changes as temporary and remember that there is no substitute for proper research into specific markets and assets, according to consultants. The Fed cut its target rate by 25 basis points to a range of 4 to 4.25 per cent during the sixth meeting of the Federal Open Market Committee last week. The Fed’s easing was widely... https://www.scmp.com/business/article/3327073/fed-rate-easing-cycle-under-way-which-real-estate-markets-offer-value-money?utm_source=rss_feed https://www.scmp.com/business/article/3327073/fed-rate-easing-cycle-under-way-which-real-estate-markets-offer-value-money?utm_source=rss_feed Sun, 28 Sep 2025 01:30:14 +0000 Cheryl Arcibal Cheryl Arcibal The resumption of a policy easing cycle following the US Federal Reserve’s quarter-point interest-rate reduction is likely to spur more investments into property globally, according to analysts. For mainland China and Hong Kong, however, the impact could be less significant owing to fundamental and geopolitical strains, they added. “Rarely do central banks do ‘one and done’,” said Pamela Ambler, head of capital markets research for Asia-Pacific at JLL. “This [Fed] cut is likely to kick off a... https://www.scmp.com/business/article/3326288/feds-rate-cut-fuel-property-investment-globally-hong-kong-faces-hurdles?utm_source=rss_feed https://www.scmp.com/business/article/3326288/feds-rate-cut-fuel-property-investment-globally-hong-kong-faces-hurdles?utm_source=rss_feed Mon, 22 Sep 2025 00:30:12 +0000 Cao Li Cao Li A Hong Kong judge on Tuesday appointed China Evergrande Group’s liquidators as receivers of the assets of company founder Hui Ka Yan, following his failure to comply with a previous order requiring him to reveal all his worldwide assets valued at more than HK$50,000 (US$6,426). “There is a total failure on the part of Hui to comply with the disclosure order,” wrote Justice Herbert Au-yeung Ho-wing in a judgment from the Court of First Instance. “There is therefore a breach of the court... https://www.scmp.com/business/banking-finance/article/3325738/hong-kong-court-names-china-evergrandes-liquidators-receivers-founders-assets?utm_source=rss_feed https://www.scmp.com/business/banking-finance/article/3325738/hong-kong-court-names-china-evergrandes-liquidators-receivers-founders-assets?utm_source=rss_feed Tue, 16 Sep 2025 10:01:32 +0000 Cheryl Arcibal Cheryl Arcibal South Korea’s new restrictions on foreign homebuyers are likely to cool housing prices in Seoul and neighbouring cities, according to property agents, following a surge in the number of buyers from mainland China and Hong Kong who bought homes in the middle and high-end segments of the market. Hongkongers and mainland Chinese had acquired 96,955 properties in South Korea as of May, a 78.5 per cent increase from the 54,320 real estate assets that they owned in 2020, according to a report by The... https://www.scmp.com/business/article/3325389/south-koreas-ban-foreign-homebuyers-cool-seoul-prices-chinese-investments?utm_source=rss_feed https://www.scmp.com/business/article/3325389/south-koreas-ban-foreign-homebuyers-cool-seoul-prices-chinese-investments?utm_source=rss_feed Sun, 14 Sep 2025 02:00:18 +0000 Cheryl Arcibal Cheryl Arcibal A venture capital firm backed by Qatar’s sovereign wealth fund is taking a minority stake in an AI-powered logistics technology start-up backed by Hong Kong’s wealthiest man, as it looks for investment opportunities in the Greater China region to more than triple its assets under management by the end of 2025. Doha-based Rasmal Ventures, backed by the Qatar Investment Authority (QIA), has invested US$2 million (HK$15.6 million) in Hong Kong’s Nexx, an 18-month-old start-up backed by Li... https://www.scmp.com/business/companies/article/3325067/qatari-fund-invests-us2-million-ai-start-nexx-backed-hong-kongs-wealthiest-man?utm_source=rss_feed https://www.scmp.com/business/companies/article/3325067/qatari-fund-invests-us2-million-ai-start-nexx-backed-hong-kongs-wealthiest-man?utm_source=rss_feed Wed, 10 Sep 2025 23:30:08 +0000 Nicholas Spiro Nicholas Spiro The facts speak for themselves. In 2019, investment transaction volumes in the office markets of central London and the New York borough of Manhattan reached US$17 billion and nearly US$16 billion respectively, according to MSCI. Last year, they stood at between US$2 billion and US$3 billion. The Covid-19 pandemic, which kept many workers around the world at home, sapped demand for office space. Meanwhile, the sharp rise in interest rates hurt the sector even more, reducing the value of office... https://www.scmp.com/opinion/asia-opinion/article/3324697/resilient-asia-shines-global-office-market-sees-signs-recovery?utm_source=rss_feed https://www.scmp.com/opinion/asia-opinion/article/3324697/resilient-asia-shines-global-office-market-sees-signs-recovery?utm_source=rss_feed Mon, 08 Sep 2025 08:30:07 +0000 Cheryl Arcibal Cheryl Arcibal Japan’s renewed economic vigour is spurring more investment in its property market, especially the multifamily segment, but the environment presents challenges for investors, according to Hong Kong-based Avatar Capital Partners. The world’s fifth-largest economy was attracting more property investment from both domestic and foreign capital, which required the asset-management firm to be savvy in its investment choices to secure assets, said Angel Li, a founding partner. Avatar said in July that... https://www.scmp.com/business/article/3323741/japans-property-market-booms-us228-billion-investment-surge?utm_source=rss_feed https://www.scmp.com/business/article/3323741/japans-property-market-booms-us228-billion-investment-surge?utm_source=rss_feed Sun, 31 Aug 2025 02:00:23 +0000 Reuters Reuters The property investment arm of Chinese e-commerce giant JD.com and two other firms plan to launch a Singapore-based real estate investment trust (Reit) with assets potentially valued at more than US$1 billion, said two sources with knowledge of the matter. JD Property, the unlisted infrastructure investment and asset management platform of JD.com, is setting up the Reit with Swiss investment firm Partners Group and EZA Hill Property, which is backed by Asian investment firm Hillhouse, the... https://www.scmp.com/business/banking-finance/article/3323417/jdcoms-property-unit-joins-two-firms-us1-billion-singapore-reit-sources-say?utm_source=rss_feed https://www.scmp.com/business/banking-finance/article/3323417/jdcoms-property-unit-joins-two-firms-us1-billion-singapore-reit-sources-say?utm_source=rss_feed Thu, 28 Aug 2025 02:09:15 +0000 Cheryl Arcibal Cheryl Arcibal For Mariana Zobel de Ayala, the chance to help develop the Philippines’ tourism industry by boosting Ayala Land’s investments in retail and hotel properties could not have come at a better time. As the senior vice-president for leasing and hospitality of one of the largest developers in the Philippines, Zobel de Ayala believes tourism will be a major driver of the country’s economic expansion. Ayala Land, which bought the 578-room New World Makati Hotel from distressed Hong Kong developer New... https://www.scmp.com/business/article/3322876/why-philippines-zobel-de-ayala-clan-betting-us25-billion-retail-hotels?utm_source=rss_feed https://www.scmp.com/business/article/3322876/why-philippines-zobel-de-ayala-clan-betting-us25-billion-retail-hotels?utm_source=rss_feed Sun, 24 Aug 2025 02:00:08 +0000