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Ngapali hotel market buoyed by resort regulars despite decreasing occupancy rates - Colliers International

Ngapali Hotel & Resort Annual Market 2017 Report advises hoteliers in Ngapali to introduce modern comforts, excursion programs, and upgraded amenities and services to attract tourists and facilitate marketability.

Markets

Seoul's luxury housing market ranks number 1 globally

Seoul leads annual house price ranking at 25% growth for Q1 2018 in Knight Frank's Prime Global Cities Index.

Markets

Asia Pacific shows fastest growth worldwide in flexible office spaces

Spotting the Opportunities: Flexible Space in Asia Pacific Report from JLL shows availability of flexible floor space has increased by 150% across Asia Pacific region.

News Roundup

http://www.scmp.com/news/hong-kong/community/article/2145594/hong-kong-makes-hk550-million-pledge-better-compensate

Hong Kong makes HK$550 million pledge to better compensate villagers forced to make way for new towns

Government says move is part of its ‘people-oriented philosophy’ and more than 8,000 households stand to gain from enhanced resettlement measures

South China Morning Post

http://www.thejakartapost.com/news/2018/05/10/apln-claims-75-of-reclaimed-land-buyers-remain-investing.html

APLN claims 75% of reclaimed land buyers remain investing

Property developer Agung Podomoro Land (APLN) has claimed that the majority of its customers who invest in reclaimed lands in North Jakarta have not pulled out their investments, despite policy uncertainty from the Jakarta administration.

The Jakarta Post

https://www.straitstimes.com/business/property/spores-old-shophouses-a-promising-haven-for-investment

Singapore's old shophouses a promising haven for investment

Deals exceeding $5m for such properties on the rise as interest in industrial spaces wanes

Straits Times

http://www.thejakartapost.com/news/2018/04/30/millennials-struggle-purchase-houses-prices-keep-soaring.html

Millennials struggle to purchase houses as prices keep soaring

As property and house prices keep soaring in the Greater Jakarta area, it is getting harder and harder for young middle-class workers to buy a place of their own.

Jakarta Post

https://www.straitstimes.com/business/property/singapore-still-needs-more-hotel-rooms-as-occupancy-to-stay-above-84-colliers

Singapore still needs more hotel rooms as occupancy to stay above 84%: Colliers

Singapore still needs a "significant" number of hotel rooms to keep pace with rising tourist numbers in future despite substantial growth in room supply over the last three years, according to real estate agency Colliers International.

Straits Times

http://www.scmp.com/property/hong-kong-china/article/2144379/heres-how-10-buyers-went-around-their-banks-and-ended

Here’s how 10 buyers went around their banks and ended up owning the world’s costliest tower

A consortium of property investors led by two Hong Kong tycoons yesterday closed their HK$40.2 billion (US$5.15 billion) takeover of Li Ka-shing’s The Center building, in an innovative bit of financial engineering that required them to put up capital equivalent to 20 per cent of their purchase.

South China Morning Post