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The latest report from the Deutsche Bank Research Institute reveals a significant dip in the average price of city-center apartments in Hong Kong, which now stands at US$25,946 per square meter, a sharp decline from $31,943 in 2020. This shift positions Hong…
As retail dynamics continue to evolve across Asia, innovation and adaptability remain at the forefront of success. In a recent development, a wave of retail businesses is harnessing the power of artificial intelligence (AI) to enhance customer experience and…
The luxury housing market in Bangkok and its outskirts remains a beacon for high-potential buyers, with units priced at 10 million baht and above continuing to draw interest. A recent report by Knight Frank reveals that demand has surged, reaching nearly…
The residential landscape for luxury housing in Thailand is witnessing a remarkable transformation. A recent report by Knight Frank reveals that the number of luxury properties valued at 10 million baht and above has surged from 12,349 units in 2019 to an…
Vietnam’s consumer price index (CPI) experienced a modest bump of 0.16% in May compared to the previous month, largely fueled by rising costs in rental housing, home maintenance materials, electricity, and dining out. This increase marks an ongoing trend in…
As part of its ambitious expansion strategy, Nam Long ADC—the real estate arm of Nam Long Group—has announced that the EHome product line will play a vital role in targeting the homeownership aspirations of young families in bustling urban centers and…
For the second year in a row, Singapore’s private residential homes were the most expensive in the Asia-Pacific region, with a median price of US$1.3 million in 2023. The price is the highest out of the 48 cities in 11 countries in the report published…
As the business landscape in Hong Kong continues to evolve, the demand for flexible and cost-effective office solutions has increased, leading to the rise of co-working spaces and serviced offices. While both options offer several benefits, it is important to…
Experts say that taxing housing will help make the real estate market more transparent and prevent speculation, but it is necessary to digitize data, ensure fairness, and avoid overlapping taxes. The government plans to enact a new law on real estate taxation…
The number of house and apartment transactions in the north and the south in 2022 fell to the lowest level in 5 years, according to report by real estate agencies. The report said that the apartment market in Ho Chi Minh City and in some southern provinces…
When beautifying our homes, we have many options to choose from. Among the most popular choices for home gardening improvements, though, includes the use of pergolas. When fitted and installed correctly, pergolas can add freshness and charm to our outdoor…
As of September this year, furniture giant Ikea will offer sustainably generated energy to Swedish households in a move to diversify its business and offer a green approach to power supply. The STRÖMMA offer will be made in partnership with local energy…
Ikea’s shopping malls business – one of the world’s largest – has kicked off the sales process for some 500 flats at its first-ever mixed-use retail and residential development, in Changsha, southern China. Cindy Andersen, MD at Ingka Centres since February,…
The Philippines is an Asian country in the Pacific Ocean. It is made up of around 7400 islands and is categorized into three geographical divisions known as Luzon, Visayas, and Mindanao. The country covers an area of 300,000 square kilometers and has a…
In the first six months, 7,040 new high-end housing units were launched in HCMC, up 123 percent year-on-year, accounting for 59 percent of new supply. Mid-range supply rose 295 percent to 4,908 units, accounting for 49 percent of new supply, while no new…
Economic stability, positive investor sentiment, strong demand, and a diverse range of products are keeping the property market robust. The assumption that Covid-19 would cause the market to slump has proven baseless, and market research aftermarket research…
