UK student returns remain stable
Yields from United Kingdom student accommodation investments will remain stable during 2014 and rise, and returns will continue to outperform other sectors according to a new research report.Southeast Asia has seen a substantial increase in the number of student investment opportunities being...
Continue Reading • 31 Oct 2013
Malaysian tax will dampen demand
The recent announcement of a doubling of the Real Property Gains Tax (RPGT) in Malaysia - from 15 percent to 30 percent for properties sold within the first three years - will certainly put a damper on Singaporean property investors who look to Malaysia to make quick cash gains.Speaking to the...
Continue Reading • 31 Oct 2013
Foreign investors flock to Italy
Italy is becoming an increasingly attractive destination to foreign real estate investors, according to latest figures released by Real Capital Analytics Inc. The data shows that foreign investment in Italian commercial real estate totalled €2.75 billion between January and early October...
Continue Reading • 30 Oct 2013
Bangkok sees strong demand from S'pore
Singapore is set to be the second largest foreign market for Magnolias Ratchadamri Boulevard, one of the best-selling and most sought-after condominium developments in Bangkok.The appetite for premium overseas properties from property buyers and investors in the city-state, together with...
Continue Reading • 29 Oct 2013
Property down under attracting Chinese buyers
A new report from Colliers International has revealed that Chinese interest for commercial property in Australia is rising, due mainly to strong trade ties, new laws that stimulate overseas investment and restrictions which limit real estate purchases in China.“In 2012, Chinese outbound...
Continue Reading • 28 Oct 2013
Foreign buyers hit by Malaysia budget
The Malaysia 2014 Budget announced on Friday by the country's Prime Minister and Minister of Finance Datuk Seri Najib Tun Razak (pictured) saw significant changes made to property purchases, especially among overseas buyers. With effect from 1 January next year, the government will raise the...
Continue Reading • 28 Oct 2013
Croydon: London's Latest Investment Hotspot
Located just 13 minutes from London Bridge, the once rejected South London area of Croydon is entering a new era and rapidly becoming one of the UK capital’s most sought-after locations for property buyers. A major regeneration plan is set to improve transport links, improve public spaces...
Continue Reading • 24 Oct 2013
Thailand property tax hike mulled
Thailand’s Fiscal Policy Office Director has suggested that the country needs to revamp its entire tax structure, including upward adjustments to property and building taxes in the Kingdom.Somchai Satchaphong told reporters on Tuesday that the move is needed to accommodate the country's...
Continue Reading • 23 Oct 2013
Sunac: China home sales on the up
Chinese developer, Sunac China Holdings (Sunac) expects home sales to increase by at least 11 percent this year, on the back of robust demand from wealthy buyers, according to media reports.Sunac chairman Sun Hongbin said, for this year, the Tianjin-based developer expects home sales to exceed 50...
Continue Reading • 23 Oct 2013
Indonesia's property market to slow: Jones Lang
Demand for residential apartments and office units in Indonesia’s capital is expected to drop in the coming months as potential buyers adopt a wait-and-see approach amid stricter lending requirements, the declining rupiah and as they wait for new policies from the incoming government after...
Continue Reading • 21 Oct 2013
New NZ project launching in Singapore
Park Residences, Conrad Group’s newest residential project in Auckland, New Zealand, will launch this weekend (19-20 October) at the Regent Hotel in Singapore as well as the Mulia Hotel in Jakarta.Located in the central business district, the development will comprise 225 residential units...
Continue Reading • 18 Oct 2013
NZ home prices up 9.8% in Sept over last year
Housing prices in New Zealand hit a record high in September, according to the Real Estate Institute of NZ (REINZ).Based on REINZ’s index, prices moved up 0.8 percent month-on-month in September, or up 9.8 percent over the same period last year. At the same time, the number of homes sold...
Continue Reading • 14 Oct 2013
Latest phase of London's Beaufort Park launching in S'pore
The Carvell Apartments, the latest phase of the new Beaufort Park development in north-west London, will be launching this weekend (12-13 October) at Singapore's Regent Hotel. Located within easy access to Central London via a nearby underground tube station, the new phase comprises suites...
Continue Reading • 14 Oct 2013
Seaside villas in Bintan on sale with $435,000 starting price
Resort operator Bintan Resorts has launched the first seaside residential villas in Bintan's Lagoi Bay, dubbed Pantai Indah (pictured).Developed by PT Buana Megawisatama, a unit of Singapore-listed Gallant Venture, the 13ha project will be managed by Holiday Villa International.Comprising 139...
Continue Reading • 10 Oct 2013
Ascott secures 10th property in Thailand
Ascott, a unit of property giant CapitaLand, will manage a new 133-unit serviced residence project in the Sri Racha district of Thailand's Chonburi province. Scheduled to open in 2014, Citadines Grand Central Sri Racha is the 10th property in Thailand for the serviced residence operator and its...
Continue Reading • 10 Oct 2013
Mixed views on Johor's latest tax policy
Following the announcement of the latest tax policy in Johor which will see foreign buyers paying higher charges from next year, analysts and industry players expressed mixed reactions on how the policy is going to impact the market.Yesterday, the state government of Johor announced that the...
Continue Reading • 9 Oct 2013
Foreigners to pay more in Johor
Foreigners looking to buy a home in Johor will face significantly higher charges from next year when the current RM10,000 (S$3,900) charge is replaced with a processing fee based on a percentage of the property’s value.State Executive Councillor for Housing and Local Government...
Continue Reading • 8 Oct 2013
Asian buyers look beyond London
Asia-based buyers and investors are already looking far beyond London for their U.K. property purchases and investments.Singapore has seen a growing number of non-prime Central London investments being offered at overseas property exhibitions in the city-state this year, and now one...
Continue Reading • 7 Oct 2013
Double-digit sales for BKK's The Mark
EXCLUSIVE: Bangkok freehold condominium development The Mark (pictured) achieved double-digit sales to Singaporean buyers and investors last weekend in what will likely be its last property showcase in the city-state.The project in the Makkasan area of Bangkok currently has less than 30...
Continue Reading • 7 Oct 2013
Buyers take a bite of the Big Apple
Last week’s Singapore property exhibition featuring New York’s 50 United Nations Plaza development (pictured) marked a significant revival in interest in the Big Apple for buyers and investors from the city-state.For Doris Tan, Jones Lang LaSalle’s ‘Queen of Overseas...
Continue Reading • 7 Oct 2013