Property prices in Australian capital cities down month on month for first time in a year
04 June, 2014
Property values in Australia’s capital cities have seen their first month on month fall for a year, down 1.9% compared with May 2013, the latest published figures show.
Economists signal that Spanish property market is on the verge of recovery
04 June, 2014
The downward trend in the property market in Spain is drawing to a close and it is unemployment that is hindering a full recovery, according to the International Monetary Fund.
Chinese central bank urges lenders to expedite home loans
04 June, 2014
The People’s Bank of China (PBOC) is persuading lenders and financial institutions to accelerate the housing loan process especially for first-home buyers to alleviate the cooling Chinese property market.
Myanmar’s first major property expo underway
04 June, 2014
Myanmar’s first major real estate and construction expo, Real Estate Show Myanmar 2014, kicks off in Yangon today alongside the second annual Myanmar Urban Development Conference.
Tokyo voted world’s smartest city for third straight year
04 June, 2014
The annual Cities in Motion Index, released by the IESE Graduate Business School at University of Navarra, has named Tokyo as the world’s smartest city for the third consecutive year.
Manila welcomes increase in real estate investment
04 June, 2014
The Philippines has experienced a rise in foreign real estate investments after being touted as one of the region’s leading emerging markets for investors, according to Berlin-based property website Lamudi.
Bangkok market hit by political woes but other areas remain unaffected
04 June, 2014
The hospitality and condominium markets in Bangkok have been directly impacted by the ensuing political turmoil, although some prime real estate segments remain largely unaffected, according to CBRE Research Thailand.
Luxury real estate portfolio targets Asian markets
04 June, 2014
Chicago-based real estate network Luxury Portfolio International recently set up a corporate office in Singapore to extend its coverage to established and emerging Asian markets.
Singapore’s ONE°15 set to build Vietnamese luxury marina resort
04 June, 2014
Luxury resort developer and operator ONE°15 Marina Club of Singapore this week signed a memorandum of understanding to build Vietnam’s latest integrated marina resort.
Tenants begin occupation of Phnom Penh’s ‘tower of glass’
03 June, 2014
Vattanac Capital Tower, a long-anticipated gleaming tower that dominates the city’s skyline from Monivong Boulevard, continues to attract tenants to its commercial office space. The most recent tenants to occupy the building are Qatar Airways and investment company One Asia Capital, with Qatar occupying 180 square metres of office space and One Asia Capital taking 262 square metres.
