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Hong Kong to invoke powerful housing law

Publication date 19 September 2019 | 14:47 | ICT

The head of Hong Kong's Development Bureau agreed at a meeting to invoke the Lands Resumption Ordinance in an effort to search land to remedy the region's housing shortage.



  • Singapore developers worry despite rise in private home prices

    Publication date 18 September 2019 | 21:45 | ICT

    Despite the first uptick in second-quarter private home prices in Singapore since last July’s cooling measures, lacklustre new home sales remain a key concern for developers, Real Estate Developers’ Association of Singapore (Redas)

  • Home prices stay stable in major Chinese cities

    Publication date 18 September 2019 | 21:43 | ICT

    China's property market maintained steady development last month, as housing prices remained stable in major cities.

  • Cambuild’19 exhibits property in Kingdom

    Publication date 18 September 2019 | 21:42 | ICT

    Cambuild’19, an annual international building and construction industry exhibition, attracted more participants this year, amid growth in the Kingdom’s real estate and construction sectors.

  • Experts: VN needs renewal of property market to lure more foreign capital

    Publication date 18 September 2019 | 19:12 | ICT

    Vietnam needs to renew its real estate market to attract more foreign investors and increase the quality of foreign direct investment (FDI) in the sector, according to experts.

  • Vue Aston building set to break ground in the fourth quarter

    Publication date 15 September 2019 | 22:41 | ICT

    The $1 billion, 39-storey Vue Aston building is set to begin construction in the fourth quarter of this year and be completed in 2022.

  • One-stop Singapore HDB sales portal to be rolled out by next year’s end

    Publication date 11 September 2019 | 21:41 | ICT

    A new Housing Board portal is set to be rolled out in Singapore by the end of next year for buyers and sellers to transact Housing and Development Board (HDB) flats on a single platform.

  • Experts say RRR reduction to help ease property sector pessimism in China

    Publication date 11 September 2019 | 21:40 | ICT

    The Chinese central bank’s move to cut the reserve requirement ratio will not become a stimulus for the property market, which is guarded against speculation, but the increased liquidity will help ease the pessimism clouding the mar

  • Thai condo developers told to up services

    Publication date 11 September 2019 | 21:39 | ICT

    Thai property developers must provide more amenities in new condominium projects to meet consumers’ demands, said Frank Khan, executive director and head of residential projects at Knight Frank Thailand.

  • Prices of Seoul apartments keep skyrocketing since 2017

    Publication date 11 September 2019 | 18:48 | ICT

    A large portion of South Korea’s online commenters say the Moon Jae-in government should be held accountable for letting housing prices spiral out of control since taking office in May 2017.

  • Kampong Chhnang-Kampong Thom road construction set for 2021

    Publication date 10 September 2019 | 22:42 | ICT

    A proposed $200 million road and bridge project linking Kampong Chhnang and Kampong Thom provinces could begin construction in 2021, said Ministry of Public Works and Transport Vasim Sorya.