International News
Vingroup Starts Work on Car Factory
Vietnam: Vingroup, Vietnam’s largest property developer announced that it had started construction on an enormous car factory in the north of the country in September. The first phase of construction on the 335-hectare site is worth USD1 – 1.5 billion and is part of an overall push by the company to expand into the heavy […]
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Ww2 Bomb Kills Worker on Malaysia Rail Site
Malaysia: An explosion from a World War II-era bomb killed one worker and seriously injured two others on the construction site of a new underground station in the Malaysian capital Kuala Lumpur in October. A Bangladeshi worker died in hospital after the blast from the unexploded ordnance. During the Second World War Kuala Lumpur was […]
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Myanmar Construction Trends Remain Positive
A new report on Myanmar’s construction industry predicts a slowing in growth over the next five years following five years of solid positive growth. Timetric’s Construction in Myanmar – Key Trends and Opportunities to 2021 report showed sustained growth in the period 2012-2016 of 10.33 percent, despite a downturn due to political tensions in 2015-2016, […]
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China Punishes 31 Responsible for Deaths of 73
The Chinese government has ordered ‘coercive measures’ on 31 people it has held responsible for an accident on a construction site in November 2016 that killed 73 people. The deaths were caused by the collapse of a cooling tower at a power plant which was under construction in Southern China. Two more workers were injured […]
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Philippines Flooded With Chinese Contractors
The Philippines’ huge infrastructure construction program has attracted so much interest from Chinese contractors, that the government has requested assistance from China to screen companies applying for projects.A combination of Philippines President Duterte’s USD180bn ‘Build, Build, Build’ program and the Chinese One Belt, One Road initiative has created one of the largest infrastructure construction booms […]
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Top 10 World’s Highest-priced Office Market
Prime Office Rents Showed Strongest Growth In Tech & Media Hubs... text coming soon!
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Myanmar Facing Housing Shortage
Myanmar’s recent economic growth has focused attention on its future housing needs amid fears of a medium term shortage.
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Vietnam Property Attracts Foreign Investors
Vietnam’s tiger economy status in the real estate sector continued to gain strength in the first half of 2017 by attracting high levels of foreign direct investment (FDI).
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Sc Capital Establish Usd1bn Reality Fund
SC Capital Partners has launched a USD1 billion real estate fund to further expand its property portfolio in Asia Pacific and Southeast Asia.
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Green Light For Myanmar Development
The Myanmar government has given the green light for a huge mixed-use development in Bago Region between Yangon and Mandalay.
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