Brits hot for Spanish property
By Andrew Batt:British property buyers were snapping up Spanish property last month according to data estate agents and developers, with Russian and Chinese buyers being targeted for future sales.A study by Spanish real estate agent Inmoaction revealed that 56 percent of British buyers enquiring...
Continue Reading • 17 Sep 2012
Property in Dubai is back
By Andrew Batt:Before the global market crash in 2008, Dubai’s property market was booming. Lavish launch parties, celebrity guests and limitless marketing budgets were the norm; allowing real estate companies to reap the rewards and live the high life in one of the largest ex-pat...
Continue Reading • 14 Sep 2012
Growing interest in Malaysian property
EXCLUSIVE: By Andrew Batt:Interest in Malaysian property among overseas property buyers and investors grew slightly in August according to the latest Top of the Props report by TheMoveChannel.com, a leading overseas property website.Malaysia reached 40th place in the most-searched countries in...
Continue Reading • 14 Sep 2012
Green light for UK's tallest tower
By Andrew Batt:The U.K. government has given the green light to One Nine Elms which, at 200 metres will be the tallest residential tower in Western Europe.In what is the first demonstration of the government's new hands-off approach to planning and housing delivery, ministers have confirmed that...
Continue Reading • 13 Sep 2012
A unique approach to property marketing
By Andrew Batt:One real estate company has come up with a unique way to overcome the enormous challenges all agents face in grabbing the attentions of prospective property purchasers.SpotBlue, a U.K. agent that specialises in Turkish real estate, has commissioned a poem to promote one of its...
Continue Reading • 6 Sep 2012
Singapore agents banned from offering free gifts to clients
By Romesh Navaratnarajah:Singapore real estate agents have been ordered not to offer free gifts or cash vounchers in an attempt to lure potential clients. The trend has caught the attention of the Council for Estate Agencies (CEA), prompting it to release a circular last week calling the practice...
Continue Reading • 30 Aug 2012
Thailand property sales to overseas buyers on the rise
EXCLUSIVE: By Andrew Batt:Increasing sales of property in Thailand have contributed to a record-breaking month for global property investment firm Knight Knox International.The U.K.-based company sold 120 units during the month – a 20 percent increase on its previous record-breaking month...
Continue Reading • 30 Aug 2012
Foreign demand returns to Singapore
By Romesh Navaratnarajah:Foreign buyers have shown renewed interest towards non-landed private homes in Singapore after a decline in demand due to the additional stamp duty imposed last December.In Q2 2012, Malaysians accounted for the largest share of foreign buyers in Singapore at 6.3 percent,...
Continue Reading • 29 Aug 2012
Pattaya property buyers look inland
By Andrew Batt:Pattaya property buyers and investors are snapping up non sea view condominiums in greater numbers, according to research from Knight Frank Charterted (Thailand).Risinee Sarikaputra, Associate Director of Research and Valuation, presented research which showed there are currently...
Continue Reading • 29 Aug 2012
How investors in Spanish property are cashing in
By Andrew Batt: Ratings agency Fitch issued a warning earlier this month about Spain's €100 billion bank rescue fund not being enough, yet Spanish banks are still handing out 100 percent finance on certain property developments to help encourage property investors and recoup some of their...
Continue Reading • 29 Aug 2012
Florida is first choice for US buyers
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Continue Reading • 28 Aug 2012
New record for Asia's priciest condo
By Romesh Navaratnarajah: A high-end apartment located in the upmarket Peak residential area in Hong Kong has been sold for a record HK$470 million, a price that is believed to be the most expensive for an apartment in Asia.Hong Kong media reported that an unidentified buyer paid a psf price of...
Continue Reading • 28 Aug 2012
London Olympic lettings hype fails to deliver
The hype surrounding short-term Olympic property lettings appears to have been groundless, with not one of more than 2,000 people who registered with one London estate agency expressing any interest in short term lets over the period of the games.Mariella Petralia, Divisional Lettings Director...
Continue Reading • 22 Aug 2012
US home buyers and sellers more dissatisfied
A new study from the United States of America shows that home-buyer satisfaction is at an all-time low, and that home-seller satisfaction is also declining.The Home Buyer/Seller Satisfaction Study, published by J.D. Power and Associates, found that overall satisfaction among home buyers is at its...
Continue Reading • 21 Aug 2012
Beyonce and Jay-Z splash THB12 million on holiday rent
By Romesh Navaratnarajah: Pop superstar Beyonce Knowles and husband Jay-Z are renting out a 31,000 sq ft mansion (pictured) in the Hamptons near New York City for a staggering US$400,000 (THB 12.59 million) just for the month of August. Dubbed the Sandcastle, the property will be the...
Continue Reading • 7 Aug 2012
Significant rise in interest seen in Thai property from overseas
EXCLUSIVE:Thailand remained the most popular destination in Asia for overseas property buyers and investors, with a sharp increase in interest levels being seen during July. In the monthly ‘Top of the Props’ league table for the most searched countries on TheMoveChannel.com, a leading...
Continue Reading • 7 Aug 2012
London remains home of world's most expensive address
London’s Kensington Palace Gardens remains the home of the most expensive address in the world according to a survey of record prices for residential real estate in ten ‘world class’ cities published by Savills.The top price of £8,500 per square foot was set in 2008 and...
Continue Reading • 6 Aug 2012
US$100m for NY Penthouse
By Romesh Navaratnarajah:The most expensive apartment in New York City, a penthouse (pictured) occupying the top three floors of CitySpire condominium in Manhattan, is on the market for a whopping US$100 million.Designed by internationally acclaimed interior designer Juan Pablo Molyneux, the...
Continue Reading • 6 Aug 2012
Thai interest in London is growing
Average house prices in Central London have increased over the last quarter by 4 percent to £881,437,at the same time that interest from Thai buyers is starting to increase.New research from CBRE showed the borough of Kensington & Chelsea recorded the greatest uplift of 7.5 percent...
Continue Reading • 3 Aug 2012
Batman mansion up for sale
By Widya Sharkawi: Not only does Bruce Wayne lead an extravagant lifestyle of riding luxurious cars, throwing lavish parties and, of course, practising masked vigilantism equipped with gadgets that flaunt technological sophistication, the alter ego of Batman is also the owner of a mansion worth...
Continue Reading • 30 Jul 2012