More Asian buyers look to Europe
By Romesh Navaratnarajah:More Asian property investors are showing renewed interest in European properties as the financial crisis there has encouraged developers to offer discounted prices.Analysts have noted that Asian investors are now eyeing properties that they would have avoided before...
Continue Reading • 25 Jul 2012
Trusted award for American Standard
American Standard collected a ‘Trusted Brand Award’ for the fifth consecutive year at a ceremony in Bangkok recently.Craig McEachern (pictured left), Managing Director of American Standard B&K (Thailand) Plc., recently received the accolade from by Sue Carney (middle right),...
Continue Reading • 17 Jul 2012
Positive outlook for Vietnam's property market
The Vietnam real estate market is witnessing positive signs for residential apartments in the low to medium range. Since interest rates fell to 11 percent, positive changes have been seen in the market.According to recent research from the market research division of Batdongsan.com.vn, interest...
Continue Reading • 15 Jul 2012
THB 721 million for a one-bed condo
By Romesh Navaratnarajah:Sotheby’s Japan has listed an apartment worth a staggering 1.8 billion yen (THB 721 million), possibly the most expensive one-bedroom condo in the world.The unit is located at “The House Minami Azabu”, one of the most luxurious condo complexes in the...
Continue Reading • 13 Jul 2012
New law to benefit Myanmar investments
Myanmar’s new investment law, expected in the next couple of months, will likely start to open the country to foreign engagement, according to Colliers International Thailand.It will replace the 1988 Foreign Investment Law which some still regard as a worthy piece of legislation that...
Continue Reading • 11 Jul 2012
Chinese firms embrace CRE strategies
Chinese firms are increasingly embedding corporate real estate (CRE) strategies into their businesses and embracing outsourcing, mirroring overseas trends in response to organic growth, M&A activity and cost pressures, according to a new survey published today by Jones Lang LaSalle.The...
Continue Reading • 11 Jul 2012
Uptick predicted for Vietnam
Improving macroeconomic fundamentals have seen residential property buyers exploring the Vietnamese market for opportunity, although a wide-scale increase in transaction volumes is still someway off, according to new research from CBRE Vietnam.Vietnam’s slow economic recovery has continued...
Continue Reading • 10 Jul 2012
More Asians look for international luxury homes
By Andrew Batt:Asian users of Te Atrium, an international property portal devoted exclusively to the luxury sector, are expected to increase substantially in coming months.The website, which was launched less than 12 months ago and is headquartered in Rome, was founded and developed by Davide...
Continue Reading • 8 Jul 2012
Growth in Prime London property slows
By Andrew Batt: London's prime residential property values rose by an average of 0.9 percent in the second quarter of 2012, and the 6.0 percent annual price growth was at its lowest level since September 2009, according to new analysis from international real estate adviser Savills.Despite this,...
Continue Reading • 29 Jun 2012
Modern living in a French cave
By Andrew Batt:For an alternative to modern living this three-bedroom cave home in France might be the answer, although don’t expect to have to skimp on the necessities of comfortable living.This well designed troglodyte home offers stunning views over the Loire valley are to die for....
Continue Reading • 29 Jun 2012
Britney's Long Island home for sale
International music superstar Britney Spears' US$2.5 million house on the North Shore of Long Island, has been put up for sale by parents of her husband-to-be, Jason Trawick.The two-acre property overlooking Conscience Bay is regarded as a getaway abode for Spears and her two sons. According to a...
Continue Reading • 27 Jun 2012
Paris takes top spot for student housing
London has been overtaken by Paris as the top spot for student housing according to research from Knight Frank.Its high cost of living was cited as the main reason for its decline from the number one position. Vienna, Dublin and Barcelona complete the top five positions.James Pullan, Head of...
Continue Reading • 26 Jun 2012
Soneva Group to focus on private residences
The Soneva Group, the new company formed following the divestment of the Six Senses and Evason brands, has announced it is to focus on developing resorts with private residences.The move will see the Soneva Group relinquish management of Soneva Gili, which is being sold by majority shareholders...
Continue Reading • 25 Jun 2012
Prime London rentals drop; first time in two years
By Andrew Batt:Rental growth in prime Central London has slipped back into negative territory for the first time in two years, down -0.4 per cent year-on-year, according to the Savills Prime Rentals Index. This is despite a rise of 2.3 per cent in the first six months of 2012, reflecting weak...
Continue Reading • 25 Jun 2012
Singaporeans look to Vietnam
By Romesh Navaratnarajah:Vietnam’s low interest rates and falling inflation have led to renewed interest from many Singaporean investors, according to a report by Savills. Positive foreign direct investment and well-balanced trade have also helped to strengthen the Vietnamese dong against...
Continue Reading • 24 Jun 2012
Top U.S. locations for foreign buyers
By Andrew Batt: A new report published by U.S. real estate portal Inman News has highlighted the top ten locations in the United States for global property buyers and investors.According to the report, foreign buyers account for a small but growing segment of overall U.S. property sales. Of the...
Continue Reading • 24 Jun 2012
A lofty price to park your car
By Andrew Batt:A garage in the heart of central London is on sale for a whopping £525,000 - three times the national average house price in the United Kingdom.The freehold double garage, which is located close to Harrods on Rysbrack Street, measures 6.4 metres wide by 4.75 metres deep. It...
Continue Reading • 24 Jun 2012
UK remains top for wealthy expats
By Andrew Batt:According to recent data obtained by leading commercial law firm Pinsent Masons, the United Kingdom remains one of the most sought after expat destinations.The number of high net worth investors being issued investor visas to stay in the U.K. rocked over seven-fold - from 43...
Continue Reading • 24 Jun 2012
More Indonesians eyeing London homes
London property agents are seeing increasing numbers of enquiries from Southeast Asia, with the number of buyers and investors from Indonesia increasing every week.Charles Smith, Managing Director of U.K.'s Sotheby’s International Realty, speaking exclusively to Rumah.com, said, “We...
Continue Reading • 24 Jun 2012
International buyers dominate London
International buyers have been key players in the London residential market, according to a recent report by Savills Research.“The amount of international equity flowing into prime London's newly built market continues to increase, with UK buyers a minority,” it noted.Savills said...
Continue Reading • 24 Jun 2012