Month: January 2025
Christie’s International Real Estate Expands into Hong Kong, Enhancing Its Asian Market Presence
Christie’s International Real Estate has officially entered the Hong Kong market as part of its ongoing expansion in Asia. This move marks a significant step in the company’s strategy to increase its global footprint, particularly in the fast-growing real estate sector across Asia. Hong Kong is an important global financial center, and its real estate…
Real Estate Sector Urges Government to Enhance Affordable Housing Support in Union Budget 2025
The real estate sector has asked the Finance Minister to increase the monetary limit for affordable housing. This would allow more people to access housing at affordable prices. The sector also seeks tax incentives to support the growth of affordable housing in India. The current limits for affordable housing do not match the rising costs…
Recent Notable Hotel Transactions, Projects, and Developments in Kuala Lumpur
Recently, several significant hotel transactions have taken place in Kuala Lumpur. These deals highlight the city’s strong hotel market despite global economic challenges. The transactions include both sales and transfers of ownership, showcasing investor interest in the city’s hospitality sector. One of the major transactions was the sale of the Four Points by Sheraton hotel. …
Chinese Companies Complete Energy Projects Adding 24 GW of Capacity in Belt & Road Countries
Chinese companies have recently installed 24 gigawatts (GW) of energy capacity in countries participating in the Belt and Road Initiative (BRI). This energy capacity includes various power plants and renewable energy projects like solar and wind farms. The initiative, launched by China in 2013, is aimed at boosting infrastructure and economic development across Asia, Africa,…
Vietnam’s Ready-Built Industrial Supply Reaches 15.2 Million Square Meters
Vietnam’s ready-built industrial supply has hit a new milestone of 15.2 million square meters. This marks significant growth in the country’s industrial real estate sector. The rise in available space comes as demand for industrial properties increases, driven by the country’s expanding manufacturing and export industries. The ready-built industrial supply includes warehouses, factories, and production…
Sydney’s New Metro Project and Its Impact on the Office Market
Sydney’s new metro system is set to change the city’s office market in significant ways. The metro, which is currently under construction, will provide faster and more convenient transportation across the city. This new transit option will make areas previously considered less accessible more attractive to businesses and workers. One major change will be in…
Two Major Data Center Projects Unveiled in Thailand
Thailand has announced the development of two large data center projects, marking a significant step in the country’s digital infrastructure growth. These centers aim to meet the increasing demand for cloud computing and data storage in Southeast Asia, positioning Thailand as a key player in the region’s tech development. One of the projects will be…
Sustainability and Factors Driving Tokyo Condominium Prices to Record Heights
Tokyo’s condominium prices have reached an all-time high, and several key factors are contributing to this trend. Limited land availability, increased demand, low-interest rates, and rising construction costs have all played important roles. Additionally, sustainability concerns have become more prominent in shaping the development and pricing of these properties, as both buyers and developers turn…
Factors Driving Hong Kong’s Sustainable Property Market Recovery in 2025
Hong Kong’s property market is expected to recover in 2025. Several key factors will contribute to this recovery, including economic growth, changing policies, and shifting demand trends. These factors are set to shape the property market in the coming years. One of the main drivers of the recovery is the expected growth in Hong Kong’s…
Tokyo Residential Occupancy Rates Slip to 96.6% in Q4 Amid Sustainability Challenges
Tokyo’s residential occupancy rates experienced a slight decrease in the fourth quarter, reaching 96.6%. This is a drop from previous quarters, signaling a small shift in the demand for housing in the city. The rate has been affected by both supply-side and demand-side factors in the real estate market. The increased supply of new residential…