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Hong Kong land tender fails in property market setback
FROM Hong Kong in the Far East to New York the epicentre of US coronavirus outbreak, where buyers pay top dollar for real estate, the pandemic has upended the property sector of both destinations and others in between.
Covid-19 to impact co-living
KUALA LUMPUR: Property consultant Knight Frank Malaysia has revealed that 58% of respondents to its recent survey are exploring or planning to develop co-living/student accommodation
Leasing deals lose pace
Earlier this week, property consultancy Knight Frank said global companies are delaying making leasing deals in the Asia Pacific.
Office leasing dips as pandemic disrupts supply chain
PETALING JAYA: As the world takes on the largest ever work-from-home experiment, the demise of the office may yet prove to be an unlikely outcome.
Hong Kong home prices edge up but pressure remains
HONG KONG: Hong Kong private home prices reversed a fall in March to edge up 0.4%, as bargain-hunting drove transaction volumes to a four-month high, but analysts cautioned the improvements did not signal the market was bottoming out.
Hong Kong hotels on cliff edge from protests and pandemic
HONG KONG (Reuters): Hong Kong's distinction as a shopper's paradise used to draw tens of thousands of tourists to the city every month, but a year of anti-government protests stemming from the extradition bill incident and the coronavirus crisis are driving some hotels to the brink of financial ruin.
Johor office market needs demand drivers
PETALING JAYA: Unlike the Klang Valley where there is a massive supply of office space, the main issue in Johor is its lack of crucial demand drivers, property consultancies said.
Property firms confident of meeting short-term debts
PETALING JAYA: The property market is “sailing through a storm” with many uncertainties swirling about and buyers are unlikely to commit to big-ticket items like properties and hire purchases, UOB Kay Hian said in a report.
Bright spots in property market amid gloomy outlook, Knight Frank says
KUALA LUMPUR: Knight Frank Malaysia forecasts commercial property market in Penang, Johor and Sabah to remain in doldrums due to weak sentiment this year but there are some bright positive area amid the gloomy outlook.
Ultra-wealthy pull cash from mansions to buy beaten-down assets
FROM London townhouses to Parisian apartments, some of the world’s richest homeowners are turning to their real estate holdings to access cash.