Singapore 

Property: Are executive condominiums worth buying?, Singapore News

Executive condominiums (ECs) were originally introduced to cater to the aspirations and needs of the so called “sandwiched” class – those whose household incomes exceed the ceiling for public housing, but are not yet able to comfortably afford a private condominium. Currently, the monthly household income ceiling to qualify for an EC purchase is set at S$14,000, while it is S$12,000 for those purchasing the Housing and Development Board’s (HDB) Build-to-Order (BTO) flats. Over the years, 66 ECs have been successfully launched. To date, 63 of them have been completed.…

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Home 

South Koreans plough into offshore property markets as mainland Chinese pare down investments

Mainland China’s investments in overseas properties plunged last year amid stringent capital controls and a push by the government to get companies to put their money into belt and road infrastructure projects instead.The vacuum left behind has opened up opportunities for other Asian countries to increase their global real estate portfolios, according to analysts. South Korea in particular has benefited.In 2018 and the first quarter of this year South Koreans spent US$3.47 billion on overseas… Source link

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Vietnam 

Domestic property market stable in Q1 – Economy – Vietnam News | Politics, Business, Economy, Society, Life, Sports

    The domestic property market showed stable development in the first quarter of this year. – Photo danangz.vn HÀ NỘI — The domestic property market showed stable development in the first quarter of this year with the emergence of potential new property trading regions. So said experts at a press conference on the first-quarter performance of Việt Nam’s property market held by the Việt Nam Association of Realtors (VARS) in Hà Nội on Tuesday. According to VARS, the national real estate market continued its stable development. Potential real estate markets…

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Vietnam 

VN property market unlikely to see big dip, says Savills global chief – Economy – Vietnam News | Politics, Business, Economy, Society, Life, Sports

  Việt Nam is one of Asia’s most vibrant property markets and a long-term strategic area for Savills. Mark Ridley, newly appointed Group CEO for Savills, spoke to Việt Nam News reporter Thu Hằng about how to attract foreign investment into the Vietnamese real estate market during a visit to HCM City last week. How do you see Việt Nam’s property market? What factors will help it attract FDI in the next few years? Việt Nam has come a long way since our office opened in 1995. It is now…

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Property 

New transport projects will create nine hubs in Hong Kong, boost property, says Colliers International

New railway lines and road networks will lead to the emergence of nine office, retail, business and cultural hubs in Hong Kong over the next five to seven years, according to a new study by property consultancy Colliers International Hong Kong.Property in the districts of Admiralty and Tamar, Wan Chai, Central and Western districts, Eastern districts, West Kowloon, Kowloon City, Sha Tin, Tuen Mun and Hung Shui Kiu and Lantau North will report a boost in prices amid improved potential, the study… Source link

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Home 

Impact of low interest rates on Asia-Pacific commercial property prices likely to be limited, says UBS

The pause in US Federal Reserve interest rate increases is unlikely to boost commercial property prices in Asia-Pacific, according to a new report from UBS.Citing historically low rental yields, driven in part by high pricing, the report noted that in Asia-Pacific cities outside Australia, the “marginal benefit from an extended period of low interest rates is very limited”.“Yields across most APAC markets are at their lowest in the last 10 years. Obviously, that does not mean prime yields… Source link

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Home 

UK property asking prices rise in sign housing market has bottomed out

Asking prices for British homes rose by the most in over a year in the four weeks to April 6, a survey showed, adding to other tentative signs that the housing market may have passed the worst of its slowdown ahead of Brexit.The 1.1 per cent monthly rise in asking prices was a bigger increase than usual at the start of the spring season and reduced the fall in prices in annual terms to 0.1 per cent, property website Rightmove said.Britain’s housing market has stumbled since the 2016 Brexit… Source…

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Vietnam 

Hà Nội retail property market performs well in Q1 – Economy – Vietnam News | Politics, Business, Economy, Society, Life, Sports

    Hà Nội saw good performance in the retail property market in the first quarter of this year. – Photo internet     HÀ NỘI – Hà Nội’s retail property market performed well in the first quarter of this year, however challenges remain from the development of e-commerce, experts said. Total stock was about 1.4 million sq.m, including supply of 16,000 sq.m from one project in inner Hà Nội, according to Savill Việt Nam’s report on the capital’s property market in the…

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Vietnam 

Green construction adds value to property, protects environment: conference – Economy – Vietnam News | Politics, Business, Economy, Society, Life, Sports

  A panel discussion at a conference on green building in HCM City yesterday where experts stressed the benefits of adopting such standards. – VNS Photo Việt Dũng HCM CITY — Adopting green building standards and certifications is highly desirable, especially with rising energy costs and pollution, experts told a conference in HCM City yesterday. Nguyễn Thanh Xuyên of the city Department of Construction, said green construction is a rising global trend to combat climate change and pollution, but the number of green buildings in Việt Nam is low since it…

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Home 

What does China’s move to relax residency curbs mean for the property sector?

China’s top economic planner National Development and Reform Commission (NDRC) on Monday released an urbanisation plan that will see cities relaxing residency curbs on domestic migrants. The policy will have huge implications for the property sector that could boost prices in many cities while hardly causing a flutter in others. We break it down for you.What is the policy about?It is China’s urbanisation mission in 2019. The NDRC has ordered all cities with a population under 3 million to … Source link

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