URA lifts ban on new hotels, hostels and serviced apartments in Boat Quay, Beach Road areas

The government will also pilot schemes in some precincts to test how space can be used to make the city centre more vibrant

The asset up for sale comprises the Sheraton and Four Points by Sheraton Tung Chung and was first put up for sale by Shimao.

Hong Kong’s second-largest hotel risks being seized by banks

Lenders seek receivers for 1,200-room property to speed up sale and recover funds

UK house prices fell by a monthly 0.1% in May, the same as in April, representing the third consecutive month-on-month fall, Halifax said.

UK house prices fall unexpectedly as market feels Iran war impact

Average mortgage rates have climbed by almost a full percentage point since the start of the conflict

Among its other findings, the watchdog said Prince William (left) and his wife Kate (right) were paying £307,200 a year to The Crown Estate in rent for their new home Forest Lodge.

UK’s spending watchdog shines light on royals and their properties

In its most detailed review yet, it examines agreements the family has with the Royal Household and The Crown Estate

STRAIGHT TO YOUR INBOX

Tuesdays: Exclusive real estate and property news analysis.

Paypal co-founder Peter Thiel's family office is joining Citadel Securities and Microsoft in the 55-storey tower.

Paypal co-founder Peter Thiel’s family office pays record rent for top Miami tower

He is paying about US$250 psf for 18,158 sq ft of space, roughly five times the city’s average office lease

Fuji Media is set to take the unusual step of re-opening the first round of bidding for its real estate subsidiary to allow more time to evaluate the offers.

Fuji Media’s real estate unit attracts 1 trillion yen bids

More than 15 firms submit bids for Sankei Building

The pair of freehold bungalows in Belmont Road will be torn down by the Ong family members to build new houses.
SINGAPORE PROPERTY

Lian Beng Group’s Ong family members pick up two bungalows in Belmont Road for S$60 million

The price works out to S$1,437 psf on the total land area of 41,741 sq ft

The transactions mark a a significant ramp-up in the group's exposure to Australia’s hospitality sector.

Jaleel family’s JD Properties buys 2 Australian hotels for A$100m

These acquisitions come just six months after the group’s purchase of a Brisbane property for A$34 million

New York City Mayor Zohran Mamdani last month released a US$22 billion housing plan that aims to build 200,000 new affordable homes.

Bank CEOs press Mamdani to get more New York housing built

Housing supply growth requires faster permitting, not extra cash

New Zealand's building industry has struggled through a period of high interest rates, followed by a mix of geopolitical concerns that hit buyer confidence and weighed on the residential property market.

New Zealand home building hits 10-year low as house prices stall

The volume of residential construction falls 5% to NZ$17.6 billion in the 12 months through March