Bangkok prices up 5% in H2 2013
Residential property in Bangkok saw price rises of an average of between five percent and six percent during the second half of 2013, according to a survey conducted by the Real Estate Information Centre.The survey, which focused on detached houses, townhouses and condominiums in Bangkok and its...
Continue Reading • 13 Jan 2014
Turkish turmoil good for investors
Anyone with an interest in Turkey will have been monitoring news coverage closely, and what the fall in the value of the currency, the Turkish Lira, means for property investors in the country.The current political turmoil in Turkey threatens to undermine all the economic progress made in recent...
Continue Reading • 10 Jan 2014
Dubai to lead world price increases
Prime property prices in Dubai are predicted to be the best performing in 2014, according to predictions from Knight Frank in its Prime Global Forecast residential report.Homes in the emirate are expected to rise by between 10 percent and 15 percent this year, despite the introduction of new...
Continue Reading • 10 Jan 2014
Prolonged political fight 'will hurt' Thailand's property sector
The outlook for Bangkok’s property market this year will depend on how quickly and smoothly the current political situation is resolved.As Thailand’s economic growth softened throughout 2013 thanks to the combination of lacklustre export figures, rising household debt and declining...
Continue Reading • 10 Jan 2014
London best city for foreign investors
For the first time since 2009, London has been named as the best city for foreign property investors in a survey conducted by the Association of Foreign Investors in Real Estate (AFIRE).Intention to invest in property in the U.K. capital came out on top ahead of New York, San Francisco, Houston...
Continue Reading • 10 Jan 2014
Greenland buys London, eyes Singapore
Chinese state-owned property firm Greenland Holding Group is reported to be about to invest £1.2 billion in two property projects in London, and is keeping its eyes open for opportunities in Singapore.The firm will reportedly acquire Minerva’s Ram Brewery in Wandsworth for an...
Continue Reading • 10 Jan 2014
HK property sales hit 17-year low
Residential property sales in Hong Kong fell to a 17-year low last year as significant taxes on home sales, aimed at tackling rising prices, hit home in a big way.According to official information from the Hong Kong Land Registry, the total number of sales and purchase agreements concluded in...
Continue Reading • 9 Jan 2014
The worst places to invest in 2013
No property investor wants to miss out on the next big opportunity, but there are still some countries that, despite all the marketing hype, will leave you feeling the chill of recession long after you have parted with your cash.Although there are arguably many worse places in the world to put...
Continue Reading • 9 Jan 2014
EcoHouse plays catch-up, stops selling in Singapore
EXCLUSIVE: EcoHouse, the developer responsible for what was arguably Singapore’s top-selling overseas investment in 2012, has stopped selling its Brazilian property investments in Singapore.The reason for the halt in sales, according to a spokesperson for the company speaking to...
Continue Reading • 9 Jan 2014
S'pore firm to build mega project in Danga Bay
Singapore-based Hao Yuan Investment has acquired six parcels of waterfront land in Danga Bay, Johor for RM1.6 billion from Iskandar Waterfront Holdings (IWH), media reports said.The developer revealed that it will build an RM8 billion mixed-use development on the site over a period of eight...
Continue Reading • 27 Dec 2013
A reversal of tides for Iskandar
Johor, once regarded by Singaporeans as a backwater haven for car thieves, is now considered a property investment hotspot and a beacon of cooperation between two former rivals – Malaysia and Singapore.In fact, mega projects are sprouting across the Iskandar region and include the towering...
Continue Reading • 23 Dec 2013
China home prices soars amid signs of slowdown
While home prices in China rose at its fastest pace in November, there were also signs that the government's effort to cool the market may be starting to bite as monthly gains stood at its slowest this year, according to media reports. In November, average new home prices in 70...
Continue Reading • 19 Dec 2013
Chinese shift to Aussie commercial space
Chinese investors have been very active in the Australian residential space this year, and this trend is now starting to spill into the commercial property market according to new research from Colliers International. In 2013 the amount of Chinese direct investment in commercial property...
Continue Reading • 19 Dec 2013
Average UK prices to rise by 8%
Average house prices in the United Kingdom will see an increase of 8 percent next year, while the cost of renting a home is expected to rise by a further 2 percent, with growth is being driven by the acute imbalance between burgeoning buyer demand and sluggish supply with new instructions to...
Continue Reading • 19 Dec 2013
Double success for CBRE Philippines
CBRE Philippines has been recognised as the world’s Best Lettings/Leasing Agency for the second straight year, while it has also added a new feather to its cap as world’s ‘Best Property Consultancy Website’ for 2013 at the renowned International Property Awards...
Continue Reading • 18 Dec 2013
Mixed messages over latest political wranglings in Thailand
EXCLUSIVE: Thailand’s recent renewed thrust into the global media spotlight and the subsequent calling of a general election in early February has understandably unnerved a few property buyers and investors who were considering investing in the Land of Smiles.But for those who know...
Continue Reading • 17 Dec 2013
Savills opens in Myanmar
Savills, a leading global real estate service provider established in 1855, celebrated the opening of its new office in Yangon, Myanmar on 16 December 2013. This continues Savills regional growth and push into Indochina property markets. . The opening ceremony (pictured) was...
Continue Reading • 17 Dec 2013
US top place for Chinese buyers
The United States will be the top destination for Chinese property buyers and investors during 2013, and they are increasingly looking at new locations.New York is by far the most popular destination, according to research by China-based overseas property portal Juwai.com. Los Angeles and...
Continue Reading • 16 Dec 2013
Snapping up French history
Singapore property buyers and investors were able to buy a slice of French history when an 18th century chateau formed part of a French property exhibition in the city-state last weekend.Chateau De Rethondes (pictured), located 40 minutes from the French capital Paris, was offering...
Continue Reading • 16 Dec 2013
Dubai leads the world in price growth
Dubai, with a 28.5 percent rise in house prices in the 12-month period ending September 2013, lead the world according to the Knight Frank Global House Price Index.The report, which ranks house prices in 53 countries around the world, placed China (Beijing and Shanghai with a 21.6 percent rise)...
Continue Reading • 16 Dec 2013