Location: Asia

Developer sees off nine rival bidders to secure prime Kowloon site at 38% above the top end of market estimates, paying the highest resi land rate in the district in nearly five years.

Raffles-branded project takes European and urban titles at inaugural awards programme for booming sector.

Luxury property network launches Shanghai outpost.

London ranks third in new Savills study of the locations best placed to attract and retain younger HNWIs, as vast wealth shifts across borders and generations.

Ultra-luxe hotel group expands global resi portfolio as UHNWIs maintain strong appetite for branded format.

Singapore Land Group's Marina Square will include a 49-storey residential tower alongside reworkings of three 'tropical modernist' hotel buildings.

Global brokerage network follows Bangkok launch with move into booming island market.

Hui Ka Yan, once Asia’s richest man, pleaded guilty to eight charges after the spectacular rise and fall of his property empire.

Latest performance & forecasts: Tokyo tops Savills' H1 index as London and Dubai lose ground, while Cape Town is tipped to lead global prime resi growth over the rest of the year.

Savills flags diversification over volume as the defining trend in APAC's branded residential sector.

International estate agency brand opens licence on Thailand's biggest island.

Beijing is said to be pursuing HNWIs for unpaid tax on overseas assets going back decades.