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HCMC buyers scour in vain for apartments priced under $120,000

HCMC buyers scour in vain for apartments priced under $120,000

Homebuyers are having a difficult time finding apartments under VND3 billion (US$120,000) in HCMC, where developers are prioritizing higher-end segments.
Luxury apartment costs up to $15,000 per sqm

Luxury apartment costs up to $15,000 per sqm

'Gangnam Style' PSY's $1.6M villa seized over unpaid fines for building code violations

'Gangnam Style' PSY's $1.6M villa seized over unpaid fines for building code violations

HCMC rents surge 20% in 10 months

HCMC rents surge 20% in 10 months

The cost of renting rooms in Ho Chi Minh City has risen by 20% in the first 10 months, reaching a minimum of VND3 million (US$118) per month, a report has shown.
November 27, 2024 | 07:09 pm PT
Property developer Agile’s chairman loses $16M over Hong Kong luxury flat fire sales

Property developer Agile’s chairman loses $16M over Hong Kong luxury flat fire sales

Chen Zhuolin, chairman of Chinese property developer Agile Group, has sold nine flats in a luxury project in Hong Kong at 53-63% discounts, incurring losses of HK$123 million (US$15.8 million).
November 26, 2024 | 07:28 pm PT
$15M apartment of incarcerated casino mogul Alvin Chau’s mistress Mandy Lieu remains unsold

$15M apartment of incarcerated casino mogul Alvin Chau’s mistress Mandy Lieu remains unsold

A luxury apartment previously owned by Malaysian-American model Mandy Lieu, the former partner of Macanese casino mogul Alvin Chau, remains unsold, with its price tag of HK$120 million (US$15.4 million).
November 26, 2024 | 03:10 pm PT
High-end, luxury apartments dominate Hanoi’s supply

High-end, luxury apartments dominate Hanoi’s supply

All 30,000 new apartment units scheduled to be launched in Hanoi next year will be in the high-end and luxury segments, a report shows.
November 22, 2024 | 05:35 am PT
HCMC downtown rentals among world’s highest

HCMC downtown rentals among world’s highest

Dong Khoi Street in HCMC’s District 1 has the 14th highest rents in the world, while Hanoi’s Trang Tien Street ranks 18th in Asia-Pacific, a new report shows.
November 21, 2024 | 08:00 pm PT
Neymar acquires Dubai penthouse valued over $54M

Neymar acquires Dubai penthouse valued over $54M

Brazilian football player Neymar has broadened his real estate portfolio by acquiring a penthouse in Dubai priced at 43 million pounds (US$54.4 million).
November 21, 2024 | 03:10 pm PT
China’s tycoons sell luxury Hong Kong homes at steep discounts

China’s tycoons sell luxury Hong Kong homes at steep discounts

Some wealthy Chinese have been selling their high-end homes in Hong Kong, one of the world’s most expensive luxury property markets, at fire sale prices this year.
November 19, 2024 | 03:32 pm PT
Da Nang new apartment sales soar as confidence in market returns

Da Nang new apartment sales soar as confidence in market returns

Around 1,060 new apartments were sold in Da Nang City in the third quarter, 2.8 times the number from a year earlier, according to property consultancy DKRA Group.
November 15, 2024 | 03:50 pm PT
Foreigners’ growing interest in Vietnam real estate market

Foreigners’ growing interest in Vietnam real estate market

When Oliver Bennett found a suitable apartment in HCMC’s Thu Duc City, he quickly bought it though, at VND6 billion (US$237,150), it exceeded his budget by a billion
November 15, 2024 | 12:07 am PT
Hong Kong actress Dada Chan loses over $205K on abandoned penthouse deal

Hong Kong actress Dada Chan loses over $205K on abandoned penthouse deal

Actress Dada Chan has backed out of a penthouse purchase in Hong Kong’s neighborhood of Tai Kok Tsui, forfeiting a deposit of HK$1.6 million (US$205,628).
November 14, 2024 | 06:11 pm PT
Apartment prices in Thu Duc City near $4,000 per square meter

Apartment prices in Thu Duc City near $4,000 per square meter

The average price of apartments in HCMC’s Thu Duc City rose 13% year-on-year to nearly VND100 million (US$3,950) per square meter in the third quarter.
November 13, 2024 | 04:00 pm PT
HCMC retail space fully leased despite high prices

HCMC retail space fully leased despite high prices

HCMC’s retail space occupancy is nearly 100% despite high rentals as supply flatlines and fails to meet rising demand.
November 13, 2024 | 01:18 am PT
Tenants disappointed as 'premium' apartments fail to deliver

Tenants disappointed as 'premium' apartments fail to deliver

After living for nearly four years in an apartment complex in Tay Ho District, Hanoi, Thanh Hoa still feels “cheated” by the quality of the building.
November 10, 2024 | 03:00 pm PT
Why Hanoi apartment prices rise despite supply jump

Why Hanoi apartment prices rise despite supply jump

Some 19,000 apartments entered the Hanoi primary market in the first nine months of 2024, the highest number in five years but not enough to keep prices steady.
November 9, 2024 | 09:00 pm PT
Bi Rain and Kim Tae Hee's Seoul property value surges by $34M in 3 years

Bi Rain and Kim Tae Hee's Seoul property value surges by $34M in 3 years

The value of a Seoul property owned by South Korean stars Bi Rain and Kim Tae Hee has risen by nearly $34 million over the past three years, now estimated at 140 billion won (around $102 million).
November 7, 2024 | 07:22 pm PT
Vietnam has 25,900 unsold properties nationwide

Vietnam has 25,900 unsold properties nationwide

The national inventory of unsold apartments, individual houses, and land plots reached 25,900 units by the end of September, up 52% from three months earlier.
November 6, 2024 | 05:34 am PT
Elon Musk buys $35M estate for 11 children and their mothers

Elon Musk buys $35M estate for 11 children and their mothers

Elon Musk, the world’s richest man, has reportedly bought a $35 million estate in Austin, Texas, to accommodate his large family, which includes three former partners and at least 11 children.
November 3, 2024 | 11:48 pm PT
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