Malaysians go mad for Miami homes
EXCLUSIVE: Property buyers from Malaysia were extremely active in searching for Florida property during August, with searches from the country ranked seventh globally according to the 30,000-member Miami Association of Realtors.Despite the weakening of the Brazilian currency in recent months,...
Continue Reading • 4 Oct 2013
Golden opportunities not to be missed at India Property Show
Asia’s leading real estate portal PropertyGuru will hold its second India Property Show at Suntec Convention Centre Level 3, Summit 1 this weekend (5-6 October) from 1pm to 7pm on Saturday and from 11am to 7pm on Sunday. The exhibition will showcase premium developments from Delhi, Mumbai,...
Continue Reading • 4 Oct 2013
Dubai's housing prices still trail peak
While property prices in Dubai have recorded robust growth in the last 12 months, they are still lower than during the 2008 boom, revealed a report from consultancy Asteco. Specifically, sale prices of villas and apartments soared 26 percent and 42 percent respectively, while rents jumped 19...
Continue Reading • 3 Oct 2013
Malaysian developer terminates $1.66b project
Mah Sing Group is terminating its RM4.3 billion (S$1.66 billion) Meridian @ Senibong project in Iskandar Malaysia, after failing to obtain written consent from neighbouring developers for the construction of road accesses. The proposed project was supposed to feature a hotel, serviced residences,...
Continue Reading • 1 Oct 2013
Priciest US home for sale
River House Residence already owns the title of the largest single family residence in Manhattan, and now - at US$130 million - it also holds the record for the most expensive property listing ever to appear in the United States.The large townhouse was opened in 1931 and is designed by famous...
Continue Reading • 1 Oct 2013
Singaporeans look to New Zealand
Singapore has overtaken Japan as the fourth-largest foreign investor in New Zealand, according to figures from Statistics New Zealand which show total foreign direct investment from Southeast Asia hit NZ$4.4 billion (S$4.58 billion) in the year to end of March, up from NZ$2.8 billion (S$2.9...
Continue Reading • 30 Sep 2013
Upcoming exhibitions to draw many Russian investors
With the winter season approaching, property exhibition organiser aiGroup has announced a series of overseas shows catering to the growing demand among Russians for property abroad.First up is the Moscow Overseas Property & Investment Show which will be held on 11 and 12 October at the...
Continue Reading • 30 Sep 2013
Investor demand at all-time high
The western English town of Exeter will be in the Singapore spotlight this weekend as the focus of the latest student accommodation property investment opportunity to be exhibited in the city-state. The studios and two-bedroom apartments that are available from Vita Student, one of the...
Continue Reading • 27 Sep 2013
Asia sales top 80% for London developer
U.K. developer Regal Homes has revealed it has just two units remaining for sale at its Banyan Wharf project (pictured) in Shoreditch, London, following recent successful sales exhibitions in Singapore and Hong Kong.More than 80 percent of the sales for units at Banyan Wharf to date have come...
Continue Reading • 27 Sep 2013
$1 price tag for Eminem's childhood home
Fancy buying a celebrity’s former house (pictured) for US$1? Believe it or not, that’s the asking price for the property where rapper Eminem once lived in as a teenager. Located in the northeastern section of the US city of Detroit in a neighbourhood that has fallen on hard times,...
Continue Reading • 26 Sep 2013
Millenium & Copthorne launches new hotel in Chengdu
Global hotelier Millennium & Copthorne Hotels (M&C) has launched its first M Hotel branch in Chengdu over the weekend, as a strategy to strengthen its presence in China. M Hotel Chengdu is the group’s second hotel under the M Brand and the first M hotel outside Singapore.M&C...
Continue Reading • 25 Sep 2013
Fines if you fail to scoop the poop
Dog owners in one United States condominium face being fined up to US$1,000 (S$1,253) if they fail to scoop the poop.The Grande at Riverdale, an eight-storey four building development in northern New Jersey, will be using DNA testing to identify errant dog owners. They will face a US$250 (S$313)...
Continue Reading • 24 Sep 2013
Spain's Golden Visa a step closer
Spain’s ‘Golden Visa’ – which will enable property investors to obtain a visa to live and travel within the European Union - is one step closer following the ratification by the Congress of Deputies.The new act will become law once it has been signed by the King.Under the...
Continue Reading • 24 Sep 2013
Student owners reminded of fire risk
Many property buyers from Southeast Asia have purchased student accommodation investments in what has been one of the best-performing property asset classes over the past two years – and with thousands of students in the United Kingdom starting their new academic year this week owners are...
Continue Reading • 23 Sep 2013
Sales success in Sydney's Wolli Creek
The appeal of new apartments in Sydney's Wolli Creek hasn't been lost on buyers with more than 80 percent of the first release of studios, one- and two-bedroom apartments at the area's latest new development, Southbank (pictured), already sold.The overwhelming sales success of Building A, which...
Continue Reading • 23 Sep 2013
Best value tag for Singapore
New York has displaced London as the world’s second most expensive city to rent business and residential space for employees, behind Hong Kong which retained top spot, while Singapore offers businesses locating in the city the best value accommodation in relation to the size of its...
Continue Reading • 23 Sep 2013
London: Five years after Lehman
Normal 0 false false false EN-SG X-NONE X-NONE MicrosoftInternetExplorer4 In the wake of the five year anniversary...
Continue Reading • 20 Sep 2013
Sky-high S'pore property prices to benefit Malaysia
Singapore’s skyrocketing property prices will benefit Malaysian properties, especially those located within Iskandar Malaysia, revealed Credit Suisse.“Singapore has the means but lack of land, while Johor has abundance of land but lack of means,” said Yvonne Voon, Equity...
Continue Reading • 20 Sep 2013
Indonesia to tighten rules on home loans
Indonesia’s central bank plans to revise the rules on the disbursement of housing loans starting next month, according to media reports. The first mortgage will be disbursed based on a property’s percentage level of completion, while subsequent housing loans will be disbursed only...
Continue Reading • 18 Sep 2013
Vietnam govt to make foreign property buying easier
A new law currently under review by the Vietnamese government could see many of the cumbersome foreign property buying restrictions removed as early as next year.The ruling, which focuses on allowing foreign individuals to buy accommodation in Vietnam, would clear some of the issues that...
Continue Reading • 16 Sep 2013