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Investors have snapped up luxury condominiums in central Tokyo, betting on further price rises. (Photo by Ryuju Funatsu)
Property

Buying a condo in Japan costs 10 times average salary

Big-money property investors drive up housing market in Tokyo

12 December 2024
Spa Resort Hawaiians, an onsen hot spring resort in Fukushima prefecture, is famous in Japan for its hula shows. (Photo by Masamichi Hoshi)
Business deals

Fortress lands bid for Hawaiian-themed resort in Japan, adding to hotel, golf holdings

U.S. fund looks to energize property with launch of 11 million-member loyalty program

12 December 2024
Tokyo Station is the hub of Japan's railway network. In recent years, a number of luxury hotels have opened in the business district surrounding the site. (Photo by Kentaro Iwamoto)
Travel & Leisure

Tokyo's central business district grows into hotel hot spot

Singapore's Ascott ready to bring its most luxurious brand to Japan's capital

10 December 2024
China's financial regulator plans to enhance supervision and support the development of the country's property insurance industry, partly by encouraging foreign investment.
Property

China aims to boost foreign investment in property insurance market

Regulator will also support domestic groups with offshore expansion

6 December 2024
Vietnamese real estate tycoon Truong My Lan attends a court hearing in an appeal against her death sentence in a financial fraud case in Ho Chi Minh City on Dec. 3.
Crime

Vietnam gives death-row mogul chance at reprieve by paying $11bn

Property developer My Lan a poster child of communist country's graft crackdown

3 December 2024
Pedestrians walk past the logo of property developer Shimao Group in Shanghai in January 2022.
China debt crunch

Hong Kong court dismisses petition to liquidate China's Shimao Group

About 79% of developer's creditors support proposed restructuring

2 December 2024
Sale signs adorn residential buildings under construction in Huizhou, Guangdong province, China Oct. 10.
Property

China new home price rises faster in November, survey finds

Average price ups 2.4% from last year as string of policies may be lending support

1 December 2024
The offices of New World Development in Hong Kong on Sept. 27.
Companies

Hong Kong developer New World replaces CEO after two months

Echo Huang steps in for Eric Ma, who had taken over when scion Adrian Cheng resigned

29 November 2024
Chinese developers are shying away from new projects amid a protracted downturn in the property market.
China debt crunch

China stimulus hampered by plunge in land sale income

Local governments wary of issuing new bonds as main revenue halves from peak

29 November 2024
A Kokuyo office in Tokyo showcases the company's coworking space design. (Photo by Tokuyuki Matsubuchi)
Companies

Japanese maker of pens, notebooks and scissors tries hand at office design

Kokuyo sees future in services while seeking fresh growth in Southeast Asia, Oceania

28 November 2024
Seibu's Tokyo Garden Terrace Kioicho complex is located in central Tokyo near parliament. (Photo by Seibu Holdings/Kyodo)
Property

Blackstone wins first-negotiation rights for $2.6bn Tokyo deal

Seibu's sale of mixed-use Tokyo complex is part of a new corporate strategy

20 November 2024
Along with being an energy company, Tokyo Gas holds real estate, such as the Shinjuku Park Tower in Tokyo.  (Photo by Kosuke Imamura) 
Energy

Tokyo Gas shares jump 15% as Elliott buys 5% stake

Utility and U.S. activist investor reportedly discussing offloading real estate holdings

20 November 2024
Hong Kong, the world's most expensive commercial real estate market, is in the middle of its longest office downturn, with rents continuing to fall and the vacancy rate for top-grade locations reaching 17%. (Photo by Shinya Sawai)
Property

Hong Kong financial sector downsizing rekindles flexible office market

Major developers subdivide prime locations to minimize losses

16 November 2024
Residential buildings are pictured in Shanghai in late September.
China debt crunch

China unveils tax incentives to revive struggling property sector

Move adds to raft of stimulus measures to shore up world's No. 2 economy

13 November 2024
Prospects look at a model of Forest City in Johor Bahru, Malaysia in 2017. Years later, the project has drawn a fraction of the residents it envisioned.
Economy

Malaysia seeks to revive Forest City 'ghost town' as financial hub

Stalled project near economic zone with Singapore woos family offices with tax perks

13 November 2024
Shoppers flock to MAEX's Danyingone Wholesale Market in Yangon. (Photo by Sadachika Watanabe)
Companies

Myanmar produce market operator MAEX thrives amid civil unrest

Yangon company posts record profits on strong property and booth leasing business

10 November 2024
China is moving to clear away inventories of unsold or unfinished housing.
Economy

China fiscal stimulus faces skepticism in stock market

More debt, bank capital may not be enough to spur growth, analysts say

2 November 2024
Two members of the TCC group's founding family have played central roles in developing the One Bangkok complex. (Photo by Yuki Kohara)
Property

Thai group TCC's landmark complex tests generational leadership shift

Will One Bangkok show synergy between businesses divided among founder's heirs?

26 October 2024
Chiharu Fujioka, Mitsui Fudosan's executive managing officer, told Nikkei that rising interest rates won't impact the company in the short term. (Photo by Naoyuki Toyama) 
Property

Mitsui Fudosan will sell any property to boost capital efficiency: exec

Japanese developer sees hotel business getting lift from foreign tourists

25 October 2024
Japanese housing prices are on the rise, especially in high-demand areas like central Tokyo. (Photo by Mizuho Miyazaki)
Property

Japan's growing mortgages lift household debt above income

Younger families hit hard, with many having no plan for higher payments

22 October 2024
Stream article image
Podcast: News Roundup

Luxury homes on the rise in India

Tune in to Nikkei Asia's podcast, bringing the region's key news to global listeners

18 October 2024
Sun Hung Kai Properties' Cullinan Sky condo project has garnered attention recently for its unusually low prices. (Photo by Kensaku Ihara) 
Property

Hong Kong developers unload apartments at deep discounts

Sun Hung Kai homes sell out fast in sign market is trying to put the worst behind it

15 October 2024
Sales of expensive homes are piggybacking upon torrid Indian economic growth, rising salaries and the buoyant stock market. (Source photos by Getty Images and DLF)
Big in Asia

Indians splash out on larger, swankier homes as wealth spreads

Sellout successes fuel push by developer DLF into Mumbai and Goa markets

12 October 2024
Investors in Chinese stocks this week took notice of President Xi Jinping's hesitancy to address the economy's "difficulties" by taking bold fiscal measures. (Nikkei montage/Source photos by Reuters, Getty Images, and Yusuke Hinata)
China up close

Analysis: Chinese leaders finally admit economic 'difficulties'

Investors dump stocks as Xi Jinping stands unwaveringly behind his basic policies

10 October 2024
A giant Kuidaore Taro will be installed outside the renovated building. (Nomura Real Estate)
Travel & Leisure

Iconic clown to make giant comeback in Osaka's splashy Dotonbori

Kuidaore Taro seen as symbol of the city's food culture since 1950

10 October 2024
Estie's platform allows users to scan through a properties quantitative data, floor area, occupancy to tenants and more. (Nikkei montage/Source photos by Konosuke Urata, Vertex Growth and Estie)
Startups

Singapore's Vertex invests in Japanese real estate data provider

Funding deal highlights strong interest in Asia's most active property market

8 October 2024
An apartment building under construction in Beijing on July 29, 2023. More than 50 Chinese cities have introduced policies to boost the real estate market.
Economy

China home sales rise to 'varying degrees,' state media says

National Day holiday period significantly increases number of house visits

5 October 2024
Singaporean authorities announced on Oct. 4 tighter measures aimed at preventing money laundering in the real estate and legal industries.
Finance

Singapore to tighten anti-money laundering rules in property, legal sectors

Real estate brokers, lawyers will have to screen clients acting for third parties

4 October 2024
The 33-story Siam Patumwan House offers 51,000 sq. meters of leasable area. (Photo by Kenya Akama) 
Property

Siam Motors shifts gears to real estate with Thai office tower

$100m Bangkok property opens with Japanese partners among first tenants

4 October 2024