Avg monthly rentals for luxury residential prop up 17-26% across 7 cities: Anarock
Housing rentals in key luxury markets saw better year-on-year growth between 2014-2020 than average capital prices in the same localities, it added.
For Rent Real Estate Sign in Front of House
Average monthly rentals for luxury residential properties rose 17-26 per cent in the last six years across seven major cities while capital value has appreciated maximum by 15 per cent, according to property consultant Anarock.
Housing rentals in key luxury markets saw better year-on-year growth between 2014-2020 than average capital prices in the same localities, it added. The average rentals for a house of minimum 2,000 sq ft size in the top seven cities key luxury hotspots rose anywhere between 17 per cent to 26 per cent in 2020, as compared to 2014. In the same period, average capital prices in these micro-markets saw a maximum rise of 15 per cent and some even saw a marginal dip, said Anuj Puri, Chai
The Straits Times
Families progressively moving into units at three of 12 launched public housing projects
The more than 2,000 Build-To-Order flats that have been completed are spread across three projects - Alkaff Vista, Alkaff LakeView and Alkaff CourtView - which were launched for sale by the HDB in 2015. The flats in the 93ha Bidadari estate have been highly sought after by home seekers.PHOTO: CHIU TENG CONSTRUCTION
Artist s impressions of Alkaff Lake (above), which will be part of the upcoming Bidadari Park, and Alkaff CourtView. The 10ha park will be a centrepiece of the estate. PHOTOS: HDB
Artist s impressions of Alkaff Lake, which will be part of the upcoming Bidadari Park, and Alkaff CourtView (above). The 10ha park will be a centrepiece of the estate. PHOTOS: HDB
Redefining the meaning of elegant living, a magnificent collection of four and five-bedroom houses sits in an exclusive new development in the northwest New Territories. 30 luxury houses offer premium facilities and home comforts to those in search of a luxurious place to call their own while on nature’s doorstep, surrounded by greenery.
A Location That Speaks For Itself
As one of the most sought-after suburban neighbourhoods in Hong Kong, the northwestern New Territories is home not only to striking mountain vistas and picturesque views, but also a whole host of hiking trails for nature lovers to enjoy. Tai Lam Chung Reservoir (nicknamed Thousand Island Lake) is a short distance away, accessible via Section 10 of the MacLehose Trail, which also serves as a great introduction to the scenic country parks across the region. Hong Kong Gold Coast, where beaches, restaurants, supermarkets and shops abound, is a short drive away.
Investment Week is hosting its Global Emerging Markets Briefing at a pivotal time for investors as they start to position for the recovery from the Covid-19 pandemic, although risks remain.
During this interactive briefing, we will hear from a number of global emerging market managers about their response to the extraordinary events of the past year and their outlook for the rest of the year and beyond.
The managers will identify where they are seeing the biggest opportunities and risks at the moment in emerging markets and explain the role their strategies could play in client portfolios.
Attendees will also get the chance to network with peers, quiz our speakers, as well as benefit from CPD points
Properties in Hong Kong are among the priciest in the world, and a luxury apartment in Mid-Levels one of the city’s most upscale residential neighbourhoods has now been crowned the most expensive in Asia.
The apartment, which is known as part of the 21 Borrett Road luxury residential project by Hong Kong tycoon Victor Li’s CK Asset Holdings, was sold for a record-breaking US$59 million to an unidentified buyer on Monday, as first reported by
Sitting on the 23rd floor of the 21 Borrett Road project, the 3,378 sqft flat comes with five bedrooms and various lavish amenities, including a swimming pool, a private terrace, as well as three parking spaces.