Huge Olympic boost for 2020 city
Property prices, particularly of land, are set to skyrocket in either Istanbul, Madrid or Tokyo later this week when the host city for the 2020 Olympic Games is announced.Richard Way, Editor at The Overseas Guides Company, said: "Property investors are waiting to see which city the...
Continue Reading • 3 Sep 2013
More sales for Bali's best residences
What is the only integrated residential estate in Bali, Ayana Residences, has reported sales of 75 percent of its stage one development, including the US$3.2 million sale of its luxurious penthouse.Ayana Residences, a new residential complex on the grounds of the luxury Ayana Resort and Spa in...
Continue Reading • 3 Sep 2013
Sell-out for Sydney's Barangaroo
Many Southeast Asian property buyers and investors were left disappointed when units at one prime Sydney development were sold out in just four hours of opening for simultaneous sales in Singapore, Australia and Hong Kong last Saturday.Every apartment at the first phase at much-anticipated...
Continue Reading • 2 Sep 2013
Singapore tempts Myanmar buyers
EXCLUSIVE: What is believed to be one of the first Singapore property exhibitions in Myanmar took place last weekend, when three Wing Tai Singapore condominium projects were showcased in Yangon by the ERA real estate agency.The event featured three Singapore properties – L’Viv,...
Continue Reading • 29 Aug 2013
London interest remains strong
London property investor interest from Southeast Asia shows no signs of stopping according to a central London real estate agency that recently held a series of road shows in the region.Attendance at Benham and Reeves Residential Lettings' latest series of property investment seminars in South...
Continue Reading • 29 Aug 2013
Myanmar mulls new property tax
Despite the advice of experts not to interfere, Myanmar’s government may impose new property taxes amid fears that spiralling property prices could discourage foreign companies from investing in the country.Land prices in Yangon, Myanmar’s largest city and former capital, have...
Continue Reading • 27 Aug 2013
No sign of Philippine property bubble
Real estate experts have found no signs of a property market bubble in the Philippines following a recent gathering of industry players in Manila.The Bangko Sentral ng Pilipinas meeting discussed major price changes in the real estate sector and equities market. A panel of experts debated whether...
Continue Reading • 20 Aug 2013
Growing Aussie interest in the UK
After selling properties throughout Southeast Asia, Knight Knox International is seeing a surge in interest in the UK property market from Australian property buyers and investors. The company, which offers a range of U.K. buy-to-let and student accomodation property investments, reported high...
Continue Reading • 20 Aug 2013
Rare Cairns beachfront land for sale
A rare slice of Australian beach front land about an hour from Cairns international airport is being offered for sale by Expression of Interest by Colliers International Cairns.The 45.84 hectare site is currently operating as an 80-site caravan and camping park and covers two titles. The property...
Continue Reading • 15 Aug 2013
Overseas buyers driving prices, deals in London
Prime central London markets in the Kensington, Notting Hill (pictured) and Holland Park areas have seen both prices and transactions rising steadily over the last 12 months, with overseas buyers largely being responsible for the upward trends.Nick Crayson of London property specialists Craysons,...
Continue Reading • 15 Aug 2013
Foreigners look for bargains in Spain
As a result of the economic crisis, Spain’s luxury property market is attracting wealthy foreign buyers on the lookout for quality homes that are being sold at a discount of almost 20 percent.Aside from its climate, foreign buyers are especially drawn to the country following a...
Continue Reading • 15 Aug 2013
Perth top for overseas buyers
Perth (pictured) has been named as the top destination is Australia based on its position as the most-searched place for property buyers and investors over the last 12 months.TheMoveChannel.com, which charted activity on its website over the last 12 months, showed that the capital of the Western...
Continue Reading • 15 Aug 2013
Call for Aussie election to focus on housing
Australia’s Housing Industry Association (HIA) has called on political parties to embrace election polices to promote a housing led recovery in the economy after Prime Minister Kevin Rudd yesterday called a General Election for September 7."Residential building is one of the few...
Continue Reading • 6 Aug 2013
UK Minister: No ban on foreign buyers
The United Kingdom’s Housing Minister Mark Prisk has – finally – rejected calls to curb foreign ownership of London new builds, after apparently being sympathetic to the idea. The Minister's spokesman confirmed the news in a message to asset management company London Central...
Continue Reading • 2 Aug 2013
Go ahead for Melbourne Docklands renewal
The Docklands area of Melbourne continues to cement its position as Australia's premier urban renewal precinct with Planning Minister Matthew Guy recently announcing planning approval for an AUD130 million hotel and housing development.The 37-storey residential and hotel building will comprise of...
Continue Reading • 2 Aug 2013
French gay village gets the green light
The gay community are the latest group to fuel the booming retirement property market, which already offers developments catering to art enthusiasts, musicians, military veterans and university alumni. According to research by Stonewall, the U.K. lesbian, gay and bisexual charity, there are...
Continue Reading • 1 Aug 2013
Law change debated in Indonesia
A bill currently being drafted by the Indonesian government is giving hope that foreign buyers, could soon own properties in the country.Existing rules that allow foreigners to occupy a building or land for 25 years are now being revised and awaiting approval from the House of...
Continue Reading • 1 Aug 2013
Branded buyers look to Vietnam
Investing in Vietnamese property, especially along the country’s fabled Central Coast, has never been more popular with foreign investors, according to Vietnam Sotheby’s International Realty.The company noted that Asia-based investors from Hong Kong, Singapore, and mainland China are...
Continue Reading • 1 Aug 2013
Archetype wins Myanmar contract
Archetype Group has announced it has signed a contract for project management services on what will be the tallest building in Myanmar, The news, coming just months after the company opened an office in the country, was awarded following a successful design review.Located in close proximity to...
Continue Reading • 1 Aug 2013
Big drop in Aussie new home construction
New residential construction in Australia has plummeted across the nation, according to data from PRDnationwide's most recent Quarterly Economic and Property Report.The news from the Australian real estate agency noted that during the March 2013 quarter, the total value of residential...
Continue Reading • 26 Jul 2013