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Singapore’s Housing Market Among The Weakest: Knight Frank

By Kim Wong / 3 years ago

Prices of private residential properties in Singapore continued their downward trend, falling by 3.6 percent in the fourth quarter of 2015 from the previous year, according to Knight Frank’s latest Global House Price Index. On a quarterly basis, prices slipped by 0.2 percent from Q3 2015. Singapore was ranked 51st out of the 55 housing […]

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Foreigners Shying Away From US Property

By Kim Wong / 3 years ago

The US National Association of Realtors (NAR) has stated that demand from foreign buyers is weakening, with the strong US dollar and rising home prices forcing some investors to look at other countries that offer more value, reported The Wall Street Journal recently. Many experts had predicted that foreigners would flood the US property market […]

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How Do Oil Prices Influence The Dubai Real Estate Market

By Kim Wong / 3 years ago

In January 2016, benchmark crude reached a 12 year low with prices falling under $30 a barrel because of oversupply in the market driven by the decision of OPEC to defend market share and not reduce supply. Decrease in the price of oil has many multiplier effects we will try and examine how a low […]

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Melbourne’s Auction Market Leaves A Firm Stamp At The Summer Finale

By Kim Wong / 3 years ago

Melbourne’s robust home auction market has ended summer with a steady result despite a surge in listings – particularly in the inner suburbs Low interest rates have kept the market bubbling along this year so far in what clearly remains a sellers’ market. andrew-wilson These conditions are likely to continue through autumn with confidence reinforced […]

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What Causes Housing Markets To Boom And Bust?

By Kim Wong / 3 years ago

Property booms occur after prolonged periods of little to no growth, and as you can see from the graph below. Really big booms, which is where every property rises everywhere, are quite rare events. The catalyst may be a population boom, housing grants, rising incomes or falling interest rates, but the stats tell the story. […]

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Property Overview 2016 (Part 2)

By Kim Wong / 3 years ago

» General outlook of the local property scene up north and down south WHILE last week we shared the general Malaysian property market outlook as reported by CH Williams Talhar & Wong’s (WTW), this week, we take a closer look at what can be expected in the northern purlieus in Penang and down south in […]

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Property Overview 2016 (Part 1)

By Kim Wong / 3 years ago

» General overview of the local property development scene OVER the next few weeks, theSun shares CH Williams Talhar & Wong’s (WTW) property market 2016 report. Kicking off the series, we begin with a couple of words from WTW’s managing director Foo Gee Jen. “With the Malaysian Economy further battered by the twin shocks of […]

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2016 Predictions for Housing & Real Estate

By Kim Wong / 3 years ago

In the year of 2016, it’s important to understand what the housing market will look like for renters, buyers, and sellers. Zillow Chief Economist Svenja Gudell shares her predictions for the new year. –ZILLOW

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Felcra Bhd Identifies 18 Areas For Second Generation Housing Projects

By Kim Wong / 3 years ago

SEREMBAN, Jan 18  — Felcra Bhd (Felcra) has identified 18 areas nationwide in preparation to build some 2,207 homes for second generation of Felcra settlers starting this year. Its chief executive officer Datuk Ramlee Abu Bakar said the housing projects were underway in Sri Makmor, Pahang and Seberang Perak. “In Negeri Sembilan 100 houses will […]

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Malaysian Property Market Weakness Seen Continuing

By Kim Wong / 3 years ago

PETALING JAYA: Hard statistics and anecdotal evidence suggest demand in the property market has continued to weaken, according to Maybank Investment Bank Research. The firm also said reported loan default cases and the rise in the number of properties up for auction pointed to a challenging market environment. “From our discussions with the bankers and […]

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