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Property Overview 2016 – PART 3

By Kim Wong / 4 years ago

HAVING gone through the property outlook in the Klang Valley, Penang and Johor over the last few weeks, we cross over to the east to explore what is expected of the market in 2016 for Sabah and Sarawak. Sabah According to the CH Williams Talhar & Wong (WTW) 2016 Property Market report – “Sabah property […]

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The Next Real Estate Collapse

By Kim Wong / 4 years ago

As daily commutes go, I have nothing to complain about when I point my car toward Sovereign HQ each morning. The traffic congestion on Interstate 95, South Florida’s main artery, is horrendous. So I take the scenic route, the coastal beach road known as A1A. The views of the Atlantic Ocean are nice. But more […]

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Thailand Property To See Growth In 2016

By Kim Wong / 4 years ago

Several property firms are predicting that Thailand’s real estate market will see growth of around five to ten percent in 2016, with Greater Bangkok expected to lead the charge, reported The Nation. The government’s investment in infrastructure projects across the country is just one reason for the positive outlook this year. “When the government starts […]

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S’pore Home Prices Downtrend

By Kim Wong / 4 years ago

SINGAPORE: The property market is poised for further slides this year, with weak economic growth and rising interest rates likely to drag prices south. National Development (MND) Minister Lawrence Wong said recently it was too early to talk about unwinding cooling measures and suggested these steps would dampen demand. As at the third quarter of […]

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China’s Losses Could Be London’s Gain

By Kim Wong / 4 years ago

Further economic woes in China could help London’s prime property market overcome its Stamp Duty slowdown   The Stamp Duty may not saddle London’s luxury market for much longer. CityWire parses the latest research from Savills showing that prime property prices have had a rough year in England’s capital, with homes valued at £5 million […]

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Return of the Single Female Homebuyer

By Kim Wong / 4 years ago

It could be a good year for women looking to buy real estate, particularly in cities where their incomes are rising faster than those of single men.   For decades, single women played an important role in the U.S. housing market, buying more homes than single men. But after the housing crisis, lenders made it […]

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Experts Forecast Lower Loan Growth

By Kim Wong / 4 years ago

Loan growth in Singapore is expected to fall to five percent for the whole of 2015, but this could decline further next year, reported Channel NewsAsia citing experts. “Between 2013 and 2015, while domestic growth has slowed down, overseas growth was able to compensate for slowness in domestic growth. But now, with China-led regional slowdown, even […]

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Tougher times Ahead For Housing Market

By Kim Wong / 4 years ago

Analysts expect Singapore’s private housing market to face tougher times next year, with the lacklustre economic environment dampening sentiment further, reported TODAYonline. The US Federal Reserve’s decision to raise interest rates and the existing property curbs could see prices drop by up to eight percent in the next 12 months. JLL’s National Director for Research and […]

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DTZ Property Times: Q3 2015 Kuala Lumpur

By Kim Wong / 4 years ago

The Malaysian economy expanded by 4.9% y-o-y in Q2, the smallest growth since Q4 2013. The unemployment rate remained unchanged at 3.1%. The Ringgit recorded a year-to-date drop of 27% against the US dollar, driven by the devaluation of the Renminbi amid concerns on China’s economic growth, weakened investor sentiment, and low oil prices. Investment […]

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UK Tax Hike To Impact Overseas Buyers

By Kim Wong / 4 years ago

The UK government’s plan to raise sales taxes on second homes in Britain will also cover buyers living abroad, reported Bloomberg. In November, UK Chancellor of the Exchequer, George Osborne, said buyers of second homes as well as buy-to-let properties within the UK will have to pay stamp-duty sales tax that is three percentage points higher […]

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