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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.
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.
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.
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.
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.
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.
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.