UK-based developers are ramping up sales launches and marketing promotions in Hong Kong as the weakened pound makes British property more attractive. Developers like Knight Dragon, chaired and majority-owned by Hong Kong billionaire Henry Cheng Kar-shun, and London Square have been actively…
Read moreThe Bank of England faces a deft balancing act as it tries to combat inflation while not sending the UK into a deep recession. This interest rate hike is the highest we’ve seen in over three decades and millions of…
Read moreThe branded residence sector is proving itself to be a ray of investment sunshine at present in an uncertain wider market, with 640 branded residential developments around the world, delivering nearly 100,000 homes, and the sector expected to double over the next…
Read moreImagine a world where people live in modern luxury homes perched above the sea. Fleets of “revolutionary living pods” with state-of-the-art technology and drones to deliver essentials will hit the market this year. Ocean Builders, a Panama-based company that specialises…
Read moreFor the housing market, the past few weeks did not start too badly, with the chancellor announcing surprise cut in stamp duty in his September 23 mini budget, reports Abode2. But it has, as everybody knows, it’s been downhill all…
Read moreKwasi Kwarteng’s mini-budget presents a mixed blessing offering, putting a strong new emphasis on economic growth, while whisking up an element of fear amongst us. The new policies – which include a reduction in income tax, reversing plans for tax-rises…
Read moreHouse prices in London are set to fall by 10% over the next two years after the Chancellor’s mini-Budget sent the mortgage market into meltdown. Higher interest rates and mortgage repayments, tighter lending and the cost-of-living crisis could mean “a year of pain”…
Read moreA significant sale has gone through in London’s Bayswater this week, Abode reports. A buyer has secured a near-7,000 sq ft duplex near Kensington Gardens, designed by Kelly Hoppen, which had been on the market at £11.75mn. The former Phillips…
Read moreLondon is in the midst of a “super-prime rental renaissance,” buoyed by strong demand from both domestic and American tenants, Abode2 confirms. Upper-end rents in the capital are expected to rise by a total 18.3% by the end of 2026. But…
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