Andre Langos and Sam Smith have been jailed for defrauding five victims, four over 60, of over $6 million in a fraudulent property investment scheme. Judge Anne Barnett highlighted the profound financial and emotional impact on victims, sentencing Langos to eight years and Smith to seven.
Housing policy changes announced in the federal budget could make it easier for some to buy homes, but others are planning to sell before they lose too much.
Asia-Pacific’s commercial property investments surged in the first quarter, according to data tracked by analysts, as early signs of recovery in office and retail segments across Hong Kong and mainland China boosted deal volumes. Total investment in offices, retail spaces, industrial units, data centres, hotels, apartments, senior housing and other asset classes climbed 22 per cent to US$51.1 billion from the same period in 2025, data from MSCI showed. Hong Kong contributed US$1.8 billion, a 367...
Two men fleeced millions from five victims in a fraudulent property investment scheme, which one victim said had stolen half her superannuation and "ruined" her life.
Hong Kong’s commercial property market drew about US$1.6 billion in first-quarter investment, rising sharply from a year earlier, according to JLL and CBRE. Both firms cited stronger demand, improving liquidity and buying by end users and educational institutions.
