Tokyo, London projects to tempt buyers
Two prime overseas property projects – one from Tokyo and one from London – will be tempting Singapore property buyers and investors at property exhibitions in the city-state over the coming weekend.Jones Lang LaSalle will be exhibiting Tokyo project Krono Residence - The Parkhouse...
Continue Reading • 30 Aug 2013
Singapore tempts Myanmar buyers
EXCLUSIVE: What is believed to be one of the first Singapore property exhibitions in Myanmar took place last weekend, when three Wing Tai Singapore condominium projects were showcased in Yangon by the ERA real estate agency.The event featured three Singapore properties – L’Viv,...
Continue Reading • 29 Aug 2013
London interest remains strong
London property investor interest from Southeast Asia shows no signs of stopping according to a central London real estate agency that recently held a series of road shows in the region.Attendance at Benham and Reeves Residential Lettings' latest series of property investment seminars in...
Continue Reading • 29 Aug 2013
Steep rise in Bangkok condo prices
Average prices for new condominium projects in Bangkok rose a staggering 21 percent quarter-on-quarter according to the latest research published by Colliers International Thailand.In its Bangkok Condominium Market Report covering the first half of 2013, Colliers revealed that the number of new...
Continue Reading • 27 Aug 2013
Myanmar to impose property tax soon?
Despite the advice of experts not to interfere, Myanmar’s government may impose new property taxes amid fears that spiralling property prices could discourage foreign companies from investing in the country.In fact, land prices in Yangon, Myanmar’s largest city and former capital;...
Continue Reading • 27 Aug 2013
UK stamp duty to hit almost every homeowner
Close to all (99 percent) of residential properties in London will be subject to stamp duty by 2018 and there will be a significant rise in owners paying higher taxes, according to the TaxPayers alliance, a British pressure group. Owners of homes valued at over £125,000 (S$249,649)...
Continue Reading • 27 Aug 2013
City Complex hits 80% sales
More than 80 percent of the City Complex Airport Link freehold commercial project in central Bangkok has been snapped up by eager investors, with less than 50 units currently available for sale.The commercial development (pictured), located in the prime central Bangkok area of Pratunam, has been...
Continue Reading • 26 Aug 2013
One Direction rents LA pad for S$35,000 a week
British boy band One Direction was renting a luxurious mansion (pictured) in Los Angeles at an eye-popping S$35,000 during a week-long tour, media reports said. Located in Santa Monica, the Titanic-style property offers panoramic 360-degree views of the canyon, revealed property website Celebrity...
Continue Reading • 26 Aug 2013
Centaline holds its first UK property event
Singapore’s Centaline Property Agency, part of one of the largest real estate agencies in Hong Kong and Greater China, held its first ever UK property exhibition in the city-state last weekend.The exhibition attracted steady interest from local buyers and investors for units at the G-Suite...
Continue Reading • 26 Aug 2013
Buy a house in Europe and get a visa
In a bid to support their battered property markets, southern Europe’s cash-strapped governments are wooing wealthy Chinese buyers by providing visas to those purchasing prime real estate, media reports said.Portugal, Greece and Cyprus offer resident permits to foreign buyers, while Spain...
Continue Reading • 23 Aug 2013
Asian funds eyeing overseas property investment
Asian insurance companies and pension funds, especially in Singapore, Malaysia, China and Korea, are showing increased interest for overseas homes, according to New York-based investment banking and commercial brokerage firm, Brookfield Financial (Brookfield).Brookfield said the residential...
Continue Reading • 23 Aug 2013
Developer refutes 'building has no lift' claim
A building in Spain has made the news after it was reported its design does not include elevators. Located in the coastal city of Benidorm, the Edificio Intempo (pictured) is 200m high and is set to become the tallest housing project in Europe. “We are constructing the highest residential...
Continue Reading • 23 Aug 2013
Sports stars selling million dollar homes
Filipino boxing superstar Manny "Pacman" Pacquiao has listed his California mansion (pictured) for US$2.7 million (S$3.5 million), according to media reports.Located at Hancock Park in Los Angeles, the two-storey house which was once featured on MTV Cribs, has five bedrooms and 5.5...
Continue Reading • 22 Aug 2013
HK cooling measures here to stay
The Hong Kong government is unlikely to relax its market cooling measures unless property prices decline further, analysts said.“We are only likely to see some relaxation in the measures once home prices have fallen by 15 to 20 percent - and even then the administration will be careful...
Continue Reading • 21 Aug 2013
Sales at Johor project soar to more than 50%
The Country Garden @ Danga Bay project in Johor Bahru has attracted strong interest from buyers with over 5,000 units sold, or more than half the total of 9,000 units ahead of its completion in 2018. Demand for the RM18 billion (S$7 billion) development came mainly from Malaysians, but...
Continue Reading • 19 Aug 2013
3 new China properties for Ascott
The Ascott Limited (Ascott), the serviced residence arm of CapitaLand, has clinched contracts to manage three new properties in China.This is expected to generate 567 apartment units in key cities across the country. Slated to open in 2017, the 250-unit Somerset Swan Lake Hefei is Ascott's...
Continue Reading • 16 Aug 2013
Perth top for overseas buyers
Perth (pictured) has been named the top destination is Australia based on its position as the most-searched place for property buyers and investors over the last 12 months.TheMoveChannel.com, which charted activity on its website over the last 12 months, showed that the capital of the Western...
Continue Reading • 15 Aug 2013
Chinese developer unveils coastal city in Iskandar
Country Garden last Sunday launched its mega project at Danga Bay in Johor Bahru. The Hong Kong-listed developer deployed 10 coaches to transport Singaporeans from five pick-up points in the city-state to the Country Garden @ Danga Bay showflat, located approximately five minutes away from...
Continue Reading • 14 Aug 2013
China's new home sales slip in July
Sales of new homes in China fell marginally in July on an annual basis after rising for 17 consecutive months, the E-house China R&D Institute report revealed. Overall, new residential transactions across 30 major cities dropped by 9.7 percent to 14.77 million sq m. Of this, 2.67 million sq m...
Continue Reading • 14 Aug 2013
Foreign buyers snapping up Spanish homes
As a result of the economic crisis, Spain’s luxury property market is attracting wealthy foreign buyers on the lookout for quality homes that are being sold at a discount of almost 20 percent.Aside from its climate, foreign buyers are especially drawn to the country following a change in...
Continue Reading • 14 Aug 2013