private home

 
 

Crowds jostle for Hong Kong flats, no end in sight to housing boom

HONG KONG, Jan 13 — Hong Kong’s red-hot property market kicked off 2018 with hundreds queuing to buy flats in the first major property launch of the year today, backing expectations strong demand will further lift record prices by 5 to 20 per…


Singapore property seen on path to recovery after prolonged slump

SINGAPORE, January 10 — Singapore’s housing market is expected to build on its recovery over 2018, analysts say, as private home prices marked their first annual rise in four years. After hitting a record peak in the third quarter of 2013, a…


Home demand in outer Australian cities prolongs building boom

SYDNEY: On the edges of Sydney, where Australia’s biggest city is sprawling across paddocks and market gardens, demand for new homes is running harder than tradesmen can lay bricks. As home prices have soared in established suburbs – values have doubled in Sydney since 2008 and nearly so in Melbourne – buyers seeking the ‘Australian […]


US economy sees 3pc growth, shrugging off hurricanes

WASHINGTON, Oct 27 — The US economy continued to expand at a robust three per cent clip in the third quarter despite back-to-back hurricanes, official data showed today, hitting President Donald Trump’s growth target for the second time since…


Singapore’s hidden home-sharing economy is quietly on the rise

SINGAPORE, Oct 12 — Sizing up the home-sharing industry in Singapore has become the economist’s puzzle as the aspiring “Smart Nation” grapples with resistance to next-door strangers. Despite government rules restricting the likes of Airbnb Inc…


Singapore’s home prices rise, snapping record four-year decline

SINGAPORE, Oct 2 — Singapore’s home prices rose for the first time in four years, snapping a record decline and adding to signs that the property market is rebounding. An index tracking private residential prices gained 0.5 per cent in the…


Singapore private home sales in May fall 3.2pc y/y

SINGAPORE, June 15 — Sales in Singapore of private homes by developers fell in May from a year earlier, government data showed today. Developers sold 1,024 units in May, down 34.3 per cent from the revised 1,558 units in April and 3.2 per cent…


【Wow】 Hong Kong car park space sells for record US$664,200

HONG KONG, June 14 — A parking spot in Hong Kong was sold for HK$5.18 million (RM2.8 million), setting a record in the city where authorities are struggling to contain soaring property prices. The financial hub is one of the most expensive…


Major Hong Kong banks raise mortgage rates following HKMA

HONG KONG, May 27 — Some of Hong Kong’s largest commercial banks in the mortgage loans market said they would raise interest rates following the latest round of mortgage tightening measures by the city’s de facto central bank. Banks have…


Singapore private home sales in April doubles from year earlier

SINGAPORE, May 15 — Sales in Singapore of private homes by developers more than doubled in April from a year earlier, government data showed today. Developers sold 1,555 units in April, a 12.6 per cent fall from the 1,780 units in March, but…