All posts in "International"
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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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Tanah Merah Site Launched For Sale

By Kim Wong / 3 years ago

UPDATED: A residential site at New Upper Changi Road/Bedok South Avenue 3 (Parcel B) was launched for sale by public tender today, revealed the Urban Redevelopment Authority (URA). The 2.4ha site which could yield about 570 housing units was made available for sale on the reserve list of the second half 2015 Government Land Sales […]

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Famed Developer Sells $25m Bungalow

By Kim Wong / 3 years ago

Luxury property developer Simon Cheong recently sold a good class bungalow (GCB) that he built along King Albert Park within the Bukit Timah/Clementi Road vicinity, reported The Business Times. The property was sold for $25 million, which works out to $1,493 psf based on the freehold land area of 16,750 sq ft. Completed in late […]

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Tanjong Pagar Centre To Be Completed By Mid-2016

By Kim Wong / 3 years ago

SINGAPORE, Jan 13 — The S$3.2 billion(S$1=RM3.05) Tanjong Pagar Centre in which the Employees Provident Fund (EPF) holds a 20% stake, is on schedule for completion by mid-2016. GuocoLand (Singapore) Pte Ltd’s Managing Director Cheng Hsing Yao said a wide range of tenants would be moving in progressively. “For the office space, the tenants coming […]

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Thailand Property To See Growth In 2016

By Kim Wong / 3 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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Grim 2016 For Private Housing Market

By Kim Wong / 3 years ago

The overall 2015 price fall of 3.7 percent is the lowest decline for private home prices for more than two years, revealed PropNex Realty citing latest flash estimates of the Urban Redevelopment Authority (URA) price index. However, this still reflects the current languid market sentiment and the sustained impact of the cooling measures, noted the […]

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S’pore Home Prices Downtrend

By Kim Wong / 3 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 / 3 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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Shortage Of Care Homes In UK Create Opportunities For Investors

By Kim Wong / 3 years ago

UK is facing a growing shortage of elderly care homes creating significant opportunity for investment and development. Knight Frank’s latest UK Healthcare Report states, the UK’s population of over 65’s is forecast to grow by 10% over the next five years; however the number of new care home registrations is significantly decreasing. Research shows there […]

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Indonesia Struggles With 13.5M Housing Backlog

By Kim Wong / 3 years ago

Indonesia’s government is struggling to tackle the country’s housing backlog of 13.5 million units as it has only been able to supply 50 to 62.5 percent of the total annual demand, reported the Jakarta Globe. After President Joko Widodo was elected in October 2014, he promised to build one million homes to address the yearly […]

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