International News
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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VINGROUP MOVES INTO AUSTRALIAN MARKET
Vingroup, Vietnam’s top property developer, has entered the Australian market after a $16 million land deal in Sydney’s central business district, according to The Australian newspaper. It was reported that Vingroup will build a hotel complex in the city. A 172-room hotel was proposed for the 1,030 square metre land, but no approval has been […]
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ISSUES FACING REAL ESTATE IN AEC
A recent CBRE study, ‘ASEAN Economic Community: A boost to South East Asian real estate’, noted a number of challenges and opportunities facing the sector with the advent of the AEC. Transparency in markets was highlighted as a challenge with Cambodia in particular needing to create an atmosphere more conducive to doing business. A lack […]
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