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Five Bedroom Hong Kong Flat Sells for THB 1.8 Billion

Category: Real estate, Posted:17 Oct 2009 | 10:33 am

A new record in the robust Hong Kong housing market has been set as a 5 bedroom 572 square meter Mid-Levels flat has sold for approximately THB1.8 billion. This equates to just over THB 3.2 million per square meter, which when you consider that the high end luxury villas here sell for THB 150,000-250,000 and premium Bangkok units in the region of THB 250,000 the number is astonishing. The Hong Kong press has reported that Chief Executive Donald Tsang has warned of a possible property bubble which is being fueled by Mainland Chinese buyers. So next time someone says property is expensive just have a reality check in Hong Kong.

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C9 Hotelwork’s Releases Philippines Branded Residences Report

Category: Real estate, Posted:25 Feb 2024 | 19:51 pm The Philippines branded residences market is experiencing a significant maturation, impacted by urbanization and a post-pandemic shift in lifestyle changes. The market is poised for a high level of growth. C9 Hotelworks newly released Philippines Branded Residences Market Update shows a 105% increase in the pipeline, translating to an additional 5,599 units supplementing the current […]
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Phuket’s Largest Highway Interchange Expected To Attract Largescale Development

Category: , Posted:10 Feb 2024 | 09:42 am The release of plans for a massive highway interchange in North Phuket is spurring development activity in the Mai Khao area. A Mueang Mai interchange on the road leading to Phuket International Airport on the island’s main North-South artery will also have a  direct connection to the East Coast spur highway 4027.  (CLICK to see […]
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GOCO Hospitality Inks Deal With Singapore Temasek to Expanded Wellness Resorts in Thailand and Southeast Asia

Category: , Posted:07 Feb 2024 | 10:33 am Leading Bangkok-based wellness group GOCO has signed a deal with Singapore’s Temasek private equity group via The Fullerton Fund. The injection of funds into GOCO is reportedly ‘high eight figures’ and will fund expansion in Thailand and Southeast Asia into hospitality assets. Two acquisitions are expected to be announced in March by Founder and CEO […]
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