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January, 19th
According to the new data released recently by Reserve Bank of India (RBI) wealthy Indians are pouring money into properties abroad. The figures show that spending on overseas property, stocks and gifts by Indians in the past five years has increased 30-fold. Outward remittance (investments or spending on assets and items abroad) under the Liberalized [...]
December, 13th
According to international property consultants, floods have had a vast impact on the property market in Thailand with sectors affected across the board. In the short term, residential project sales will slow down while the city is still affected by the floods, but in the medium to long term the crisis will have an impact [...]
May, 10th
Despite the government’s best efforts to cool the market, Chinese property prices continue to escalate, with the latest figures showing prices up 0.4% on average across 100 cities. That said: the 0.4% rise is slower than was seen the previous month, which could well prove to be one first signals that the cooling measures are [...]
April, 28th
The Cambodian property market began to finally recover in 2010, helped by the new foreign ownership law passed in May last year. Prior to the new law foreigners couldn’t buy property freehold in Cambodia, only on long-term leasehold tenures. With the new law foreigners can now buy property freehold, but not land, which limits buyers [...]
April, 26th
It’s expected that existing home prices in Taipei will fall for the second month in a row, marking the first two-month decline since the global financial crisis. This is due to a new housing tax deterring buyers. The average home price fell by 3.2% in March to $18,642 per ping which is the equivalent of [...]
April, 22nd
Hong Kong office space increased in cost by more than a third in 2010, with tenants now having to pay nearly double the cost of office space in London according to figures just released by Colliers International Research. Prime office space in Hong Kong now costs $2066.35 per square metre compared with $1523.31 a year [...]
April, 7th
Written by Robert Gardner Government measures to cool the housing market seem to have made many home buyers choose smaller properties. Experts think this is due to tighter loan to value ratio buyers with existing mortgages as the ratio was cut from 80% to 70% in August 2010 and then to just 60% in January [...]
April, 6th
Written by Shaun Thompson The Chinese government’s attempt to cool the property markets has led to foreign investors returning to the market to buy up distressed properties and/or shares in struggling development companies. These investors left the Chinese real estate market during the financial crisis in order to raise cash and take the profits, but [...]
April, 5th
April, 4th
Written by Lesley Graham Leading international property investment consultancy reports that investors are being put off making investments in Thailand by the country’s restrictions on foreign investment. “Restrictions on foreign investment in Thailand mean that overseas buyers are increasingly being put off purchasing real estate in Bangkok,” reads the report. It went on: “[Bangkok] did [...]
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