International News
Myanmar Real Estate Stabilising
Myanmar’s real estate sector is stabilising after heated growth and industry experts believe the market will now become stronger.After the lifting of sanctions and the subsequent influx of international investment earlier in the decade,
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Singapore Masterminds New District
Planning for an exclusive new district in Singapore is being led by Dutch company KCAP Architects & Planners according to the Singapore Urban Redevelopment Authority (URA).
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Capitaland Goes Grade a in Vietnam
CapitaLand, one of Singapore’s leading property developers, has purchased a site to build its first international Grade A office tower in Ho Chi Minh, Vietnam.
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ពានរង្វាន់អចលនទ្រព្យម៉ាឡេស៊ីកំពុងបន្តទៅមុខ
ការតែងតាំងបេក្ខភាពសម្រាប់ពានរង្វាន់អចលនទ្រព្យអាស៊ីប្រចាំឆ្នាំលើកទីបួន (ម៉ាឡេស៊ី) បានបើកទទួលអ្នកចូលរួម ដោយអ្នករៀបចំកម្មវិធីរំពឹងថានឹងទទួលបានជោគជ័យ យ៉ាងអស្ចារ្យលើសកម្មវិធីឆ្នាំមុន។
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Bechtel show interest in Long Thanh airport
Following the approval by the Vietnam National Assembly for construction of a huge new USD16 billion airport in Long Thanh outside Ho Chi Minh City in 2015, leading US engineering firm Bechtel visited Vietnam in December to gain more information about the plan. The visit sparked speculation that Bechtel is considering taking an equity stake […]
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HONG KONG PROPERTY SALES PLUMMET
A report on Hong Kong’s property market shows that home sales in the region’s powerhouse economy have plummeted 39 percent quarter-over-quarter to a record low in Q1 2016. JLL’s Hong Kong Property Index for Q1, 2016 shows that sales have dropped to an all-time low of 6,221 units. Joseph Tsang, Managing Director and Head of […]
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GOV. AIDS 22% THAI REVENUE RISE
Thanks to government measures to boost the property market, Thailand’s leading property developers saw their revenue rise by almost 22 percent year-on-year in Q4 2015.The government incentives made cuts in transfer and mortgage fees and gave a special interest rate for mortgages from the Government Housing Bank. According to Property Report, the net profit of […]
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ASIAN OUTBOUND INVESTMENT SETS RECORDS
A new CBRE report shows that Asian outbound investment into global real estate assets set new records in 2015. Asian outbound real estate investment in 2015 stood at a record $62.4 billion, a year on year increase of 37 percent. Markets with higher returns continue to lure Asian investors. “While we see dominance of the […]
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Huge Investment Drop Worries Malaysia
Malaysian authorities have expressed concern at the impact that a 70 percent drop in real estate investments between 2014 and 2015 may have on other areas of the economy. Approved investments in Malaysia’s real estate sector fell from $21.67 billion in 2014 to just $6.58 billion in 2015 according to the Malaysian Investment Development Authority […]
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CHINESE OFFERING UNITS ON MALAYSIAN ISLAND ECO-CITY
A Chinese developer is promoting residential units on a mega-project located on four artificial islands in the Johor Strait separating Malaysia and Singapore. Forest City is projected to be a $41 billion, 14 square kilometre self-contained eco-city scheme developed by Country Garden, though no units are yet completed as the islands themselves are still under […]
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