A property for wine lovers
CBRE Australia has been appointed to sell a gateway development site in Victoria’s renowned wine region, the Yarra Valley.The 1,029 sqm property at 4 Bell Street benefits from a high profile position with vast frontage onto two major thoroughfares in the heart of Yarra Glen – the...
Continue Reading • 8 May 2014
Look again at HCMC
Many people are questioning whether now is the time for property investors to return to the Vietnamese market.Marc Townsend, Managing Director of CBRE, said: “The property market sees many good pedestals, from the economy’s recovery to support policies, etc. It is the time for...
Continue Reading • 7 May 2014
Property will be key issue for British electors in 365 days from now
In one year from now the British electorate will go to the polls, and property issues are more than likely to be high in their minds.According to the latest research from Knight Frank annual price growth in prime Central London was 7.5 percent for the third consecutive month in April, a...
Continue Reading • 7 May 2014
First overseas show for Rumah
Rumah.com – PropertyGuru Group’s market-leading portal in Indonesia and sister website of DDproperty.com – is holding its first International Property Show in Jakarta this week.The overseas property event, which is taking place at the Sky Bridge West Mall Grand Indonesia, is...
Continue Reading • 2 Apr 2014
Why Istanbul property is booming
Property prices in the Turkish city of Istanbul have risen more than 20 percent in the last 12 months alone, but what’s driving the boom in real estate there?According to the Istanbul-based property firm Universal 21 the city outpaced all others in Turkey for property price growth, and was...
Continue Reading • 27 Mar 2014
Aussie overseas buyers in the spotlight
Australian property purchases made by overseas buyers and investors are in the government spotlight amid fears that local buyers are being priced out of the market.A national parliamentary committee is examining the increase in overseas property buyers and investors, particularly those from...
Continue Reading • 25 Mar 2014
NSW property boom is peaking
The real estate market in New South Wales, Australia, is booming according to local real estate agents there, but less than one in five expect the current market conditions to continue for the rest of this year.The bi-annual survey from Which Real Estate Agent surveyed Australian real estate...
Continue Reading • 24 Mar 2014
India buyers focus on Hyderabad
Investors in Indian property have their eye firmly fixed on Hyderabad, according to new research from TheMoveChannel.com.The capital of Andhra Pradesh will become the capital of India´s new state, Telangana, this summer, and 10 percent of buyers are already searching for opportunities,...
Continue Reading • 20 Mar 2014
UK property tax loophole closed
Overseas property buyers and investors who use companies to make their U.K. property purchases were targeted in yesterday’s Budget statement.Finance Minister George Osborne announced changes to Stamp Duty on properties that are purchased through companies, and thereby closing a tax...
Continue Reading • 20 Mar 2014
Short-term dip in overseas interest
EXCLUSIVE: Overseas interest in Thailand property dipped last month according to the monthly Top of The Props chart produced by the U.K.-based overseas property portal TheMoveChannel.com.Thailand’s place in the list of most-searched countries on the website dropped three places to 11th...
Continue Reading • 13 Mar 2014
Foreigners flock to Florida property
The U.S. state of Florida attracted the largest share of foreign buyers than any other state during 2013.Data from Florida Realtors also confirmed that the state ended last year with more closed sales, more pending sales and higher median prices than during 2012.The number of closed sales...
Continue Reading • 26 Feb 2014
THB1 million a month for UK condo
A five-bed penthouse in the most expensive apartment block in the world has been put on the rental market for the equivalent of more than THB1 million per month.The property, which also boasts a further five reception rooms (pictured), six bathrooms, access to wine cellars and two parking...
Continue Reading • 25 Feb 2014
One in three affluent Asians buying overseas
More than one third of affluent Asians have overseas property investments, with Australia being the number one destination regionally according to new research from HSBC.In the survey a total of 37 percent of survey respondents said they already own overseas property, and many also indicated they...
Continue Reading • 24 Feb 2014
London project targets Thais
A British developer is targeting Thai property buyers and investors for its latest project in the centre of London.Land Securities has seen growing interest from Thais in its overseas property investments over the last few years, and Tom Eshelby, Residential Director, unveiled its latest...
Continue Reading • 19 Feb 2014
Strong interest in UK student sector
EXCLUSIVE: A U.K. student accommodation developer has hailed its first property exhibition in Bangkok a success after attracting strong interest from Thai property investors.The event, which took place last weekend and was hosted by Sincere Real Estate, featured several luxury student...
Continue Reading • 18 Feb 2014
Sales boom in London, Miami, NY
Sales of luxury homes in three international property hotspots surged during 2013 while median prices remained relatively constant, according to a new report published by Christie’s International Real Estate and Strutt & Parker.In London, Miami and New York, the three cities in...
Continue Reading • 10 Feb 2014
Sochi sees the Olympic Effect
Sochi, the host city of the 22nd Winter Olympic Games, is already seeing benefits to its property sector as the world's spotlight falls on the south west Russian resort city.Perched on the Black Sea coast, Sochi is one of the few areas of Russia to enjoy a subtropical climate, meaning it...
Continue Reading • 10 Feb 2014
Ban UK overseas buyers: report
A report published today suggests that the U.K. should ban overseas property purchases by non-European Union residents.In its Finding Shelter report, the influential right wing organisation Civitas, the Institute for the Study of Civil Society, urges the U.K. government to introduce a...
Continue Reading • 3 Feb 2014
Myanmar agents look for tax cut
Real estate agents in Mandalay, Myanmar’s second city, are set to petition authorities to cut the current 37 percent property transaction tax. The tax, imposed in August 2012, replaced a top rate of 15 percent and was widely criticised as detrimental to the property market.Following...
Continue Reading • 29 Jan 2014
Penang property prices booming
Property prices in Penang have significantly increased, especially in the capital Georgetown, based on the lack of prime land on the island as well as the skyrocketing land prices.Notably, prices have increased by more than 500 percent on the island while Seberang Prai saw prices soar by 700...
Continue Reading • 28 Jan 2014