Prices for new apartments in Seoul's mid-to-low tier areas are rising, with some exceeding 1.8 billion won. This trend is driven by a combination of factors including overall market growth, a shortage of new constructions, and specific development projects. Experts note that new apartments are increasingly setting benchmarks for pricing in these regions.
Small apartments, including studios and one-bedroom units, now make up 60-70% of Russia's primary housing market. This trend is driven by high property prices and mortgage rates, forcing buyers to prioritize affordability over space. Developers are responding by reducing the number of larger family-oriented units in new projects.
Economist Yulia Kuznetsova states that buying apartments for rental income is no longer a profitable investment for Russians due to taxes, maintenance, and other costs. Bank deposits and bonds now offer better returns.
Kyiv residents are clearing debris and repairing apartments after a massive Russian missile and drone attack that killed at least five people in the capital and 12 in Dnipro. Ukraine's president called for more air defenses as Russia escalates its air campaign.
Prima Bay, a new development in Halong Marina, offers nearly 3,000 hotel-style apartments inspired by the "Prima dell’alba" philosophy. Designed by Massimo Mercurio, the project features unique architecture, extensive amenities, and aims to capitalize on limited coastal land and growing tourism demand in Quang Ninh.
The ACT government is proposing significant changes to its Territory Plan to allow townhouses, terraces, and low-rise apartments on all residential blocks, aiming to enable 30,000 new homes by 2030. The reforms aim to increase housing choice and address the 'missing middle' housing gap.
Equity Residential and AvalonBay announced a $52 billion all-stock merger, creating one of the largest US real estate companies with over 180,000 apartments. Analysts see it as a defense against privatization and a move to reduce costs, potentially sparking more consolidation in the sector.
Tamsui Station is the most affordable MRT station in Taipei for studio apartments, with an average monthly rent of NT$9,242. The report analyzed rental data within 800 meters of MRT stations over the past year.
A Grattan Institute report warns Australia could waste $5.2bn building 86,000 unwanted car parking spaces in five years. It recommends scrapping minimum parking requirements for new builds to reduce housing costs and increase supply.
Tanya Dubash, Godrej family scion, has purchased two luxury sea-facing apartments in Mumbai's Worli for over Rs 294 crore. The deal, valued at over Rs 2.5 lakh per sq ft, is among India's most expensive residential transactions.
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...
U.S. rent growth has slowed to its weakest pace since 2020, with asking rents at approximately $1,910, up just 1.8% year over year as of March. Nearly 40% of rental listings now offer concessions like free rent or waived fees as landlords compete for tenants in a cooling market. The surge in multifamily construction, with 608,000 units completed in 2024, has created more supply and improved affordability, though markets like New York City and San Francisco remain tight.
A drone attack on a residential building in Yekaterinburg, Russia on April 25 damaged 44 apartments and injured nine people, with one hospitalized for smoke inhalation. Regional governor Denis Pasler said 81 residents were evacuated and experts found no risk of building collapse.
Pooja Dadlani, long-time manager of Shah Rukh Khan, along with her husband Hitesh Prakash Gurnani and father Mohan Seoram Dadlani, has invested in three apartments in Mumbai’s Bandra area, with the total transaction value pegged at Rs 38.21 crore. The investment has been structured across the family, with Pooja Dadlani, her husband, and her father purchasing one apartment each.
