Severe supply issues in Yangon
The extreme lack of supply in Yangon’s condominium market has been highlighted by new research from real estate agency Savills.According to the latest briefing covering the second half of 2014, the city’s primary condominium market consisted of approximately 3,464 units from 19...
Continue Reading • 26 Jan 2014
No to Malaysia pre-launch sales ban
A Malaysian industry expert and analysts believe that prohibiting pre-launch sales of residential units will not address the excessive speculation in the market.Earlier this week Minister in the Malaysia's Prime Minister’s Department, Datuk Seri Abdul Wahid Omar, said pre-launch sales by...
Continue Reading • 25 Jan 2014
CapitaLand buys Ningbo residential site for $232m
CapitaLand China, a subsidiary of CapitaLand, has acquired a prime residential site in Ningbo for S$232 million.Located in Sunjia, Jiangbei District, the site measures 57,369 sq m and was secured in a government land tender.The developer plans to build about 1,100 units of small and medium-sized...
Continue Reading • 24 Jan 2014
London, Dubai take centre stage
Overseas property exhibitions featuring London and Dubai take centre stage in Singapore this weekend.Goodman’s Fields, Berkeley Group’s landmark development in Aldgate, London, will be showcasing its recently launched next collection of apartments, Meranti House – the first...
Continue Reading • 24 Jan 2014
Aspial to build Melbourne's tallest tower
After clinching a development site in Melbourne's Southbank district for AU$42.3 million (S$47.93 million), Singapore developer, Aspial Corporation, plans to build the tallest tower in the city."We are truly humbled, yet excited to be involved in this monumental project. It is certainly a...
Continue Reading • 23 Jan 2014
Developers tackle London challenge
At least one Singapore developer, along with others from Malaysia, China and Qatar, hold twice the number of housing development sites in London versus local housing associations and affordable house builders.Media reports citing data from CBRE pinpointed the fact that, although some have been...
Continue Reading • 23 Jan 2014
Bangkok rents rise for the first time in 20 years
Residential rentals in downtown Bangkok rose for the first time in 20 years during 2013, according to data released by CBRE Thailand. Sales prices also rose, resulting in condominium yields remaining stable at around 5.3 percent, according to the international real estate advisor.The company...
Continue Reading • 23 Jan 2014
Portugal project to tempt buyers
EXCLUSIVE: Singapore investors will get one of the first opportunities to learn about Portuguese property investments this weekend when an award-winning project is launched in the city-state.To meet growing interest amongst its clients seeking investment opportunities in the European country,...
Continue Reading • 22 Jan 2014
Thai sales to drop 40% says agency
Thailand’s Agency for Real Estate Affairs Company (AREA) has predicted that property sales figures will drop by up to 40 percent if the current political situation continues - with this news coming prior to yesterday's introduction of a State of Emergency in Bangkok and its...
Continue Reading • 22 Jan 2014
Singapore fund targets Chiang Mai
Singaporean private fund Terrasia is set to build a housing development in Chiang Mai, northern Thailand, through a joint venture with Thai developer Srangdee Development Co after previously partnering to develop a condominium development in Bangkok's Thonburi district.Srangdee...
Continue Reading • 21 Jan 2014
Berkeley set for landmark launch
Goodman’s Fields, Berkeley Group’s landmark development in Aldgate, London, will be showcasing its recently launched next collection of apartments, Meranti House. Located in the U.K. capital’s premium neighbourhood, Goodman’s Fields will provide more than 920 homes, three...
Continue Reading • 21 Jan 2014
More Chinese look to prime London
Property buyers and investors from mainland China are in a “frantic” rush to join those from Singapore and Hong Kong by increasing their focus on United Kingdom property.Prime central London estate agency, W.A.Ellis, has conducted research in conjunction with independent property...
Continue Reading • 20 Jan 2014
Fewer 'foreign first' London sales
Fewer London property projects will be sold overseas ahead of sales in the U.K. after a number of top U.K. developers signed a pledge to ensure local buyers will have the opportunity to invest at an early stage in new projects.The move came into effect on January 1 and is spearheaded by the House...
Continue Reading • 17 Jan 2014
London back in the spotlight
London property opportunities will again be in the Singapore spotlight this weekend with three significant developments being showcased by buyers and investors in the city-state. Holding its ‘World Premier Launch’ in Singapore will be Eight Artillery Row (pictured) in SW1. The...
Continue Reading • 17 Jan 2014
New taxes to hit French buyers
Property buyers and investors considering France should take note of new taxes which could make their property purchase more expensive than they planned.Richard Way, Editor at The Overseas Guides Company, told PropertyGuru: “High earning residents aren’t the only people in France to...
Continue Reading • 16 Jan 2014
Move over BRICs, it's time for MINT
Move the BRICs out of the way, now it’s time for property investors to add some MINT to their property investment portfolio.Investors have long been familiar with the term BRICs, which economist Jim O’Neill coined to refer to the emerging economies of Brazil, Russia, India and...
Continue Reading • 16 Jan 2014
Bangkok buyers largely undeterred
EXCLUSIVE: Despite the Bangkok shutdown making newspaper and television headlines around the world, there has been little impact for Singaporean property buyers who are considering investing in the Thai capital.Singapore real estate agency Trillion Property, which currently has about 150 buyers...
Continue Reading • 15 Jan 2014
Prime London price growth slows
Prices of the best homes in prime central London ended the year 7.5 percent higher year-on-year, having recorded a 0.8 percent rise in December, according to research from Knight Frank.The monthly rise was the highest since March and ended a ten-month slowing in the rate of annual growth, which...
Continue Reading • 14 Jan 2014
Buyers focus on Japan
EXCLUSIVE: Singapore property buyers and investors were snapping up Japanese properties at the first Japan property exhibition to take place in Singapore this year.The event, held by the ECG agency and featuring Tokyo property Concieria Mita in Minato-Ku, was attracting significant interest and a...
Continue Reading • 14 Jan 2014
TDSR is hurting overseas deals
EXCLUSIVE: Hong Kong has ousted Singapore as the preferred first Asian sales destination for many London developers as a direct result of the implementation of Singapore’s Total Debt Service Ratio (TDSR) The cooling measure, which was introduced on June 29, 2013, was intended to limit the...
Continue Reading • 14 Jan 2014