Cuba to offer visa with property
Cuba has become the latest country to offer residency visa alongside property purchases made by overseas buyers and investors.The Caribbean island republic joins the likes of Spain, Portugal, Cyprus and Ireland as one of a growing number of countries that offer some form of residency visa with...
Continue Reading • 30 May 2014
HK 12 sqm shop sells for S$28m
A shop unit measuring just 12 sqm in Hong Kong’s Russell Street has been sold for S$28.86 million – equivalent to a staggering S$2.4 million per sqm – ranking it as the most expensive store anywhere in the world.The tenant in the record-breaking unit is a small electronic goods...
Continue Reading • 30 May 2014
Radiance to offer Sydney waterside living
Real estate firm CBRE has been appointed to market a new landmark residential development on the edge of Sydney’s Darling Harbour in what is touted to be one of the last remaining opportunities to own a slice of the city’s most sought after freehold, waterside real estate.Radiance,...
Continue Reading • 29 May 2014
New standard for London landlords
The Mayor of London has launched the U.K. capital's first ever rental standard, a city-wide badge of accreditation that aims to help millions of Londoners rent property with confidence, and to give the city's 300,000 landlords peace of mind that they are complying with the law and doing the right...
Continue Reading • 29 May 2014
Prime London to hit $21,120 psf
Property prices in London’s ultra-prime residential markets are predicted to hit £10,000 (S$21,120) per sqft within the next six months, with product rather than area driving rising prices.This prediction comes from Beauchamp Estates in its Spring 2014 Ultra Prime Market Insights...
Continue Reading • 28 May 2014
Scotland is best for UK student property investments
A new report has identified Scotland as offering some of the best investment opportunities to U.K. student accommodation property investors.In its annual report on the sector, real estate firm Savills revealed how student property investments reached £950 million during the first four month...
Continue Reading • 27 May 2014
London luxury at 190 Strand
An exclusive collection of luxury homes at 190 Strand in London will be showcased at a private preview in Singapore this week.The launch of 88 new apartments, penthouses and townhouses at Milford House and Savoy House represents a rare opportunity to own a home in prime central London, according...
Continue Reading • 26 May 2014
Thai coup: Price drops unlikely
The declaration of a coup in Thailand is predicted to eventually bring much-needed stability to the kingdom, but anyone expecting property prices to decline will likely be disappointed.Army Chief General Prayuth Chan-ocha announced on Thursday that the armed forces and police had formed a...
Continue Reading • 23 May 2014
Tax crackdown on Bali owners
Indonesia's Director General of Taxation has begun “sniffing out” illegal Bali villas owned by foreigners that are failing to pay taxes.Quoted by the State News Agency Antara, the director general of taxation for Bali, Sunarko, said in Kuta last month: “We will work together...
Continue Reading • 23 May 2014
Johor bans land sales to foreigners
The state government of Johor has prohibited locals from selling their land to foreigners.Mentri Besar Datuk Mohamed Khaled Nordin revealed that locals have been selling land to foreigners primarily due to its rising value. Three cases of locals trying to sell agricultural land have been recorded...
Continue Reading • 23 May 2014
Asian investment in Germany up 916%
Levels of Asian investment into Germany’s real estate markets have grown by an astonishing 916 percent since 2011 to reach US$1.27 billion as the end 2013, according to latest data from JLL.Over the last three years Asian capital sources into Germany have increased to include Chinese and...
Continue Reading • 21 May 2014
Thai Martial Law: Industry reaction
Whilst the full ramifications of the implementation of Martial Law in Thailand yesterday remains unclear, many in the property and real estate sector are welcoming the move towards greater stability that perhaps signals the beginning of the end to the current confrontations. The order,...
Continue Reading • 21 May 2014
Berkeley Homes is Brunei bound
Berkeley Homes, together with Singapore real estate agency Colliers International, will be making a second trip to Brunei this week after a number of successful sales were concluded during a previous venture to the state.The U.K. developer, which opened an office in Singapore last year to cater...
Continue Reading • 20 May 2014
S'poreans snap up units at Scottish student property investment
Property buyers and investors from Singapore and Malaysia have contributed to the five-month sell-out of a Scottish student property development.Clyde House in Glasgow (pictured) is the seventh development that developer Knight Knox International has sold out in partnership with Forshaw Land...
Continue Reading • 20 May 2014
Asian buyers eye London landmark
Buyers from Asia are expected to be first in the queue for an ultra-luxury residential scheme that has just been given planning permission in Central London, and what will be the most expensive apartment development so far in Westminster.London developer Galliard Homes has received planning...
Continue Reading • 20 May 2014
Towers to target London shortage
New research by CBRE has found that the resurgence of high rise living – driven by a need to build up rather than out – means that 13,600 residential units are currently under construction in new towers in London, with a further 70,000 units now in the planning pipeline....
Continue Reading • 19 May 2014
Rare HK development for sale
CBRE Hong Kong has been appointed as the sole agent for the sale of 16 Wang Fung Terrace (pictured), a new, en-bloc luxury residential development on Hong Kong Island. The property will be sold with vacant possession through tender which will close at 12 noon on Wednesday, June 11.Wang Fung...
Continue Reading • 16 May 2014
Singapore 9th for Chinese buyers
The United States of America was the number one overseas property buying destination for Chinese buyers and investors during Q1 2014, according to data from the country’s leading property website.America topped the list published by Soufun.com with 16.98 percent of Chinese overseas property...
Continue Reading • 16 May 2014
Stratford Central to tempt buyers
Stratford Central, one of London’s most exciting property developments in what is arguably the capital’s primary up-and-coming area, will be showcasing its investment opportunities in Singapore this weekend.The 31-storey Telford Homes development is set in the heart of Stratford in...
Continue Reading • 16 May 2014
Bangkok prices at two-year low
Average selling prices of newly launched property throughout Bangkok were at their lowest levels for more than two years during the first three months of this year.Colliers International Thailand, in its latest research report, noted that average prices in the City area were more than...
Continue Reading • 16 May 2014