Asia Pacific Residential
Real Estate News

Hong Kong's New Stamp Duty Tax Unlikely to Disrupt Housing Market

Hong Kong's New Stamp Duty Tax Unlikely to Disrupt Housing Market

The new measure imposing the 15% stamp duty on all residential transactions in Hong Kong involving first-time buyers purchasing multiple properties under a single instrument is unlikely to have a significant impact to market dynamics. Read More »


Record Land Sales Boost Hong Kong's Kai Tak Home Prices by 50 Percent

Record Land Sales Boost Hong Kong's Kai Tak Home Prices by 50 Percent

According to JLL's latest Hong Kong Residential Sales Market Report released this week, HNA Group and related companies have arguably succeeded in resetting prices in Kai Tak after snatching four residential plots. Read More »

Five of Top 30 of World's Most Dynamic Cities of 2017 in China, Says JLL

Five of Top 30 of World's Most Dynamic Cities of 2017 in China, Says JLL

The world's most dynamic cities in JLL's fourth annual City Momentum Index (CMI) share the ability to embrace technological change, absorb rapid population growth and strengthen global connectivity. Read More »

Cambodia Tops Global List of Five Best Places for U.S. Expats to Retire in 2017

Cambodia Tops Global List of Five Best Places for U.S. Expats to Retire in 2017

American retirees have identified the five most affordable havens on the planet where expats can upgrade their lifestyle, but do it on a budget as low as $1,500 a month. Read More »


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Global Property Spotlight

Central Florida Executive Resort-Style Residence Available

Central Florida Executive Resort-Style Residence Available

Expertly designed from the inside-out with a brilliant use of space and attention to detail in that each room shares many common features. Read More »

Last Updated May 10, 2017 9:00 AM ET

Asia Pacific Residential News Property News

According to JLL's Hong Kong Residential Sales Report released this week, JLL's mass residential capital value index climbed 0.5% over the last two months.

According to JLL in its Macau Year-end Property Review 2016, the Macau property market fell to its bottom in 1H16 but rebounded a bit in 2H16 with the launch of several new residential projects.

According to JLL's Hong Kong Residential Sales Market Report published this week, a rise in borrowing rates and stamp duty taxes are significantly impacting Hong Kong's residential market.

According to JLL's Year-end Hong Kong Residential and Land Market Review 2016, notwithstanding the latest stamp duty measure, residential prices are expected to rise up to 5% next year.

A newly launched index that derives the price of prime residential and commercial development land in 13 major cities across Asia, saw mixed results in the first half of 2016.

According to global real estate consultant JLL's Hong Kong Residential Sales Market Report, recent signs of stabilization of Hong Kong's residential property sales do not indicate the property market has turned a corner.

According to global real estate consultant JLL, mass residential property prices in May 2016 have dropped 8.3% on the year in Hong Kong.

Hong Kong is constrained by a weakening economy and uncertainties around the market continues, local developers are adopting an increasingly conservative bidding strategies in government land sales.

Hong Kong home sales dropped 39% quarter-over-quarter to an all-time low of 6,221 in the first quarter of 2016, as market uncertainties continued to deter buyers.

According to Pakistan property portal Zameen.com, when compared to a rather uneventful 2014, 2015 generally proved to be an exceptional year for Pakistan's real estate sector.

Global accountancy network BDO predict 2016 will be a year of uncertainty for the Asian Real Estate market.

CBRE reports that property prices in Australia's regional resource hubs have plunged by up to 74% over the past three years, as the market comes off its peak after riding the mining boom for more than a decade.

According to CBRE's newly released Global Living Report: A City by City Guide, Hong Kong continues to hold its position as the world's most expensive residential location with an average of $1,416 per sq. ft.

Miami, Manhattan, San Francisco and Los Angeles property markets have good reason to celebrate.

According to Juwai.com's Chinese Purchasing Intent Index for Thailand, the desire by Chinese to buy property in Thailand has outperformed that of larger countries.

The last couple of weeks have seen concerns over the state of the Chinese economy intensify. This is not surprising given the losses incurred in the Chinese stock market.

With the Chinese government proposing taking a significant step towards removing restrictions on the export of privately held capital under a program called the Qualified Domestic Individual Investor program.

Australian developers pounced on close to $4 billion of inner city residential sites in Sydney, Brisbane and Melbourne in the 12 months to April 2015, with offshore buyers leading the charge.


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