International News
Banda Malaysia Facing Collapse
The largest real estate project in Malaysia faces collapse after the government cancelled the contract with the Chinese-Malaysian developer in May after it failed to meet payments.
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Incomplete Projects Hamper Vietnam
Despite Vietnam’s real estate market grabbing attention and headlines for its strong performance in recent years, prospects in the north continue to be hampered by large numbers of incomplete projects.
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Thai Realty Market Rebounding
The condominium market in Bangkok has experienced a slight upturn in Q1 2017 thanks to growing demand and a slowing in new projects coming online.
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Rentals Driving Yangon Market
With a vibrant rental sector driving the Yangon market, Myanmar real estate experts believe this trend could catalyse investment into residential developments and construction of new units.
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Hong Kong Market Hits Record Highs
Residential property values in Hong Kong are now 75.9 percent higher than they were 20 years ago when the city was handed over to Chinese rule according to JLL’s Land and Residential Market Review.
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China Pledges Usd122bn at Silk Road
As world leaders gathered in Beijing for the Silk Road Summit in May, Chinese president Xi Jinping pledged USD122bn for infrastructure projects under the ‘One Belt, One Road” (OBOR) initiative.The Chinese strategy sees high-speed railways, bridges, roads, ports, industrial parks, oil pipelines and power grids now being built across the ancient Silk Road routes from […]
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False Concrete Tests Nab 21
21 people have been arrested in Hong Kong for corruption after allegedly submitting false concrete strength tests on the 30km-long mega bridge being built to connect Hong Kong to Zhuhai and Macau. The 55km project involves a 29.7km bridge, artificial islands and a 6km+ section of underwater tunnel beneath one of the world’s busiest shipping […]
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Thailand Seeks Private Investment for Airports
Thailand is seeking private investment to expand 28 regional airports and develop one new site in an effort to become the main aviation hub in Southeast Asia. The Department of Airports will draw up business plans for each of the 800 hectare sites to be published at the end of July. The public sector budget […]
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Chinese Mega-project Questioned
A Chinese mega-development in Myanmar is under the spotlight for its impact on the environment.The USD10 billion Kyauk Pyu Special Economic Zone development on the Myanmar coast in the northwestern state of Rakhine includes a 770km pipeline which pumps oil across Myanmar to southwest China as part of the ‘One Belt, One Road’ (OBOR) initiative.The […]
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Manila Tower Restarts After Court Decision
Construction on a controversial tower block that ‘photobombed’ the National Matyr’s Monument in the Philippine capital Manila can restart after a Supreme Court ruling. The 49-floor Torre de Manila condominium project became known as “Pambansang Photobomb” (the “national photobomb”) and saw construction halted in June 2015 for violating building regulations. The Supreme Court saw a […]
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