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Jakarta property sector under pressure from COVID measures: Colliers International
Business 4 years ago

PREMIUM
Jakarta property sector under pressure from COVID measures: Colliers International

Occupancy rates for offices, shopping centers and serviced apartments have declined after the government tightened mobility restrictions in the third quarter of this year in response to a spike in virus cases.
Going beyond the housing backlog, Jakarta needs holistic strategy
Opinion 4 years ago

PREMIUM
Going beyond the housing backlog, Jakarta needs holistic strategy

The national government’s housing loan facility is a good start but ignores the urban population. 
Govt extends VAT cuts for new homes to year-end
Business 4 years ago

PREMIUM
Govt extends VAT cuts for new homes to year-end

The government has extended to December a VAT tax break on new houses, which has helped banks record second-quarter growth in housing loans.
Jakarta property market off to rough start this year
Business 4 years ago

PREMIUM
Jakarta property market off to rough start this year

Jakarta's property sector remains under pressure as occupancy rates for office and retail space are down, while the government incentive has yet to spur apartment sales.
$59 million Hong Kong apartment sale sets new Asia record
Business 5 years ago

$59 million Hong Kong apartment sale sets new Asia record

While there have been more expensive properties sold in Hong Kong, the 3,378-square-foot penthouse in the affluent Mid-Levels neighbourhood set a new benchmark for price per square foot at $17,500.
New York 'worst apartment ever' video bewilders TikTok
World 5 years ago

New York 'worst apartment ever' video bewilders TikTok

Its exact address is a mystery, and you won't find it listed on any rental sites, but that hasn't stopped a video of the tiny studio from being viewed 21 million times.
Mum in Sweden arrested for locking son up for decades
People 5 years ago

Mum in Sweden arrested for locking son up for decades

The reports said the mother had pulled her son out of school when he was 12 and kept him locked inside the apartment since then.
Foreigners can own apartments in certain areas under omnibus law
Business 5 years ago

PREMIUM
Foreigners can own apartments in certain areas under omnibus law

Other regulations only allow foreigners to possess property under the right of use.
Welcome to the jungle: Plants overrun Chinese apartment blocks
Lifestyle 5 years ago

Welcome to the jungle: Plants overrun Chinese apartment blocks

An experimental green housing project in a Chinese megacity promised prospective residents life in a "vertical forest", with manicured gardens on every balcony.
Jackie Chan's luxury Beijing condos up for auction in ownership row
Entertainment 5 years ago

Jackie Chan's luxury Beijing condos up for auction in ownership row

Two luxury Beijing apartments seized from martial arts film star Jackie Chan will be put up for auction for around $10 million due to an ownership dispute, according to court documents seen by AFP.
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