Property
Court Executes Ex-Hotel Sultan Land Worth Rp 28.9 Trillion
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The Central Jakarta District Court carried out the execution of land and buildings in the former Hotel Sultan area in Central Jakarta valued at Rp 28.9 trillion on 18 June 2026.
A new data review questions Cape Town Mayor Geordin Hill-Lewis's claim that foreign property buyers focus only on luxury homes. Daily Maverick examined Airbnb listings and found overseas hosts offering more modest flats in areas such as Gardens and Oranjezicht.
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The High Court has ruled that a marriage certificate is not the only factor considered when dividing property after a marriage ends. The decision recognises non-financial contributions such as caregiving and domestic work. It stems from a case involving two decades of family labour.
The Gujarat high court has set aside an order by the City Deputy Collector in Ahmedabad that blocked a property sale in the Gheekanta area. The court ruled that the official exceeded powers under the Disturbed Areas Act. The matter has been remanded for fresh consideration.
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Readers have submitted stories highlighting the emotional and financial challenges of buying first homes in South Africa. These accounts from different eras underscore sacrifice, strategic decisions, and persistent optimism in the property market. The narratives provide practical insights into navigating bond qualifications and market shifts.
The One Park Place development in Yau Tong has attracted strong demand, with 110 units sold soon after launch following discounts of up to 15 percent from developers Sino Land, CSI Properties, and MTR. This occurs amid expectations of interest rate cuts and rising demand, signaling hopes for market recovery in 2026. The sale, originally set for November 28, was postponed due to a deadly fire in Tai Po's Wang Fuk Court.