International News
The 16th PropertyGuru Asia Property Awards Grand Final celebrates the Gold Standard bearers of real estate
THE BEST OF ASIA DISTINGUISHED IN CELEBRATORY VIRTUAL FINALE OF THE 2021 PROPERTYGURU ASIA PROPERTY AWARDS SERIES • Mekong Land Development Co., Ltd. from Cambodia won the title of the Best Breakthrough Developer (Asia) • Country winners from Vietnam, Mainland China, Hong Kong, Singapore, Philippines, Thailand, Cambodia, and Greater Niseko (Japan) collect coveted regional accolades […]
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UN-Habitat, S. Korea to Build Floating City, Pioneering New Living Amid Rising Sea Level
A floating city is planned to be built offshore of South Korea’s Busan city and will become a model floating city for city development to coastal cities around the world amid the issues of rising sea levels and climate changes. The project is a cooperation between UN-Habitat, the South Korean government, and Oceanix, a company […]
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Real Estate Crisis Could Drag China’s Economic Growth Down to Lowest Level Since 1990s
Experts have projected that China’s economy could slow down to the lowest level seen since way back in the 1990s, mainly due to its new policies to reduce dependence on the property sector. Beijing’s pressures on the real estate sector such as increasing tax, restricting mortgage, among other policies, could cut their growth forecasts in […]
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China to Expand Property Tax Trail to Check Speculation
The Chinese government has decided to expand the property tax trail, which is a part of reforms in the sector aimed to promote “rational housing consumption”. China’s top legislature, the National People’s Congress Standing Committee, on Saturday approved the latest plan, according to Xinhua. The announcement comes with President Xi Jinping pushing for more “common […]
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Lavish Lennar Community in Miami, Florida
Golden Gate Global works closely with Lennar to offer real estate investors exclusive opportunities for U.S. home purchases through Lennar’s extensive inventory of residential communities in 21 states of the USA. Demand for U.S. real estate among Asian investors has steadily increased in recent years. Hugging Florida’s southeast Atlantic coastline, the vibrant metropolis of Miami […]
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Bangkok Home Prices Dive Down as Pandemic Continues
Prices of homes in Bangkok have dived compared to emerging cities in Southeast Asia, as the COVID-19 cases in Thailand continue to spike, reported Investvine. According to a study entitled ‘Global Cities Q3’ by Juwai IQI, home prices in Bangkok shrunk by 6% in Q1 2021 year-on-year, with references to condominium prices in the central […]
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Regional Commercial Real Estate Investment Begins to Recover in H1
Despite the disruption of COVID-19, commercial real estate has seen a recovery during the first half of 2020, with investment in Asia Pacific commercial real estate reaching US$83.5 billion, a 39% year-on-year growth. This growth has brought the figure close to pre-pandemic levels, according to the real estate firm JLL. Volumes from January to June […]
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Forbes Reveals Five Key Real Estate Tech Tools Industry Professionals Should Explore
As the world is moving toward digitalisation, real estate industrial players must also keep themselves in trend, or otherwise will lose competitiveness. Forbes has recommended five new tech tools that real estate professionals should explore: 1.Virtual Tours As the COVID-10 pandemic has prevented clients and brokers from meeting in person, this tool is a new […]
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Thailand’s Property Developers Adopt Cryptocurrency
Some property developers in Thailand have allowed buyers to use cryptocurrency to pay for their home purchases, reflecting Thailand’s real estate market’s moves toward the digital economy. The firms taking the lead in this project include AssetWise, SC Asset Cooperation Plc, and Sansiri Plc, according to the Bangkok Post in June. The project aims to […]
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LABS Group to Auction World’s First NFT Resort in Indonesia, Name Cambodia as Next Target
By LABS Group/ACCESSWIRE LABS Group, an end-to-end blockchain property investment platform, will begin its auction of the world’s first-ever community-owned resort and Rewarding Timeshare (RTS) non-fungible token on 15 July 2021. The Kunang Kunang Glamping is a brand new resort located in Banyuwangi, Indonesia and is developed and operated by LABS Group partnered with Gravity […]
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