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3094 real estate brokers working in the Dubai real estate market

The Dubai Land Department has reported that 3,094 real estate brokers are currently registered in Dubai's Real Estate Regulatory Agency.

Builders object to HK property curbs

Major property developers in Hong Kong raised objections to the government's recently announced measures to curb skyr...

The Cheung Kong Center stands in Central. Major developers in Hong Kong joined hands to object to the government's recently announced cooling measures to curb home prices. [Photo/Agencies]

Property prices down by 0.6%

Residential property prices fell in October, bringing an end to a three month upswing in house values. The Residen...

Property prices down by 0.6%

Darwin is Australia’s ‘property powerhouse’

While many overseas buyers are heading to Australia’s more popular state capitals – Perth, Sydney and Melbourne – it ...

Darwin is Australia’s ‘property powerhouse’

Spain plans residency rights for non-EU overseas property buyers

Spain is gearing up to offer automatic residency rights to property investors from outside the European Union who pay...

Spain plans residency rights for non-EU overseas property buyers

Industry News


Residential Property News


Property Report
Quick, buy something!
Quick, buy something!

It was just a matter of time; Singapore introduced the latest round of cooling measures in the beginning of October and last Friday Hong Kong then followed suit, imposing a 15 percent tax on foreign buyers. In both instances, the measures are inte...

Investing in real estate? Here's how to minimise risks on road to property ownership

If you're a first time buyer scouting for the best property in town, is the deluge of marketing offers leaving you overwhelmed? Here is a survival guide to help you make safe real estate investments and not get swayed by marketing gimmicks.

Commercial & Industrial Property


Legal & Financial


Dim property outlook for office and retail sectors

The property market might be displaying resilience amid a global economic slowdown, but experts say both the office and retail segments face weakness ahead.

Man charged for posing as a property agent

SINGAPORE - The Council for Estate Agencies (CEA) has filed charges against a man who illegally posed as a property agent.

Projects & Investment


Hotels & Resorts


Cayo: Buying a strata property takes extra care

Vancouver, B.C.- Many first-time condo buyers rationalize a potential purchase something like this: “I’m paying $1,200 a month in rent,” they say. “The mortgage on a sweet little place of my own will be $1,000 a month. So I’ll be saving $200.

First Hyatt Regency planned for Bangkok

The first Hyatt Recency Hotel will be opened in Bangkok in 2017, marking an integral step towards the brand's distribution in one of Asia's key markets.

Building Design & Improvement


Commentary & Analysis


Danielle LeClair in her living room. (Colby Ware, Baltimore Sun / June 26, 2012)

Among all the lovely, quirky, industrial, upscale, up-and-coming and historic Baltimore neighborhoods, Danielle LeClair chose Highlandtown for the nearby park — and the parking.

Real Estate Investment outlook for Asia in 2H2012

Macroeconomic outlook We see the global economic climate for the second half of 2012 as “not pretty” as Europe is headed for a recession, while the United States is facing anemic growth at best, and slowing growth rates in Asia. Nonetheless, Asia...

Property Shows & Events


United States


This Robinson personal helicopter is one of the scores of lifestyle assets to be on display at the SMART property expo in Phuket. Photo: Richard Yeowart

PHUKET: Fancy an opportunity to test drive a super car? Or go for a ride in a private helicopter? Or how about enjoying a cruise on a marquee yacht such as the 80-foot Emily Rose?

Study: Local taxes reduce property taxes

INDIANAPOLIS (WISH) - A new study of Indiana taxes finds that Local Option Income Taxes are complicated and confusing, yet effective.

Canada


United Kingdom


Property taxes set to rise in Toronto

If you’re thinking of buying a property in the Canadian city of Toronto then you could shortly face a higher tax bill. Property taxes in the Ontario city are set to rise thanks to a 22.8 per cent rise in the average value of a property in the city...

London property prices prop up UK average: Cebr

Although the price of a typical UK home rose by 1.7 per cent in the 12 months to September, meaning the average property now costs £233,000, the Office for National Statistics’ monthly house price index suggests this is largely due to London and t...

Europe


United Arab Emirates


Property developer ‘shocked’ at radio interview by Lucinda Creighton, court hears

PROPERTY developer Michael O'Flynn told the High Court today of his shock when he heard a radio interview two years ago in which a Fine Gael TD referred to him when talking about low standards in public life.

Property prices fell in Dubai during the global financial crisis, but are now climbing up again Photo: Alamy

US bank Citigroup is gauging the strength of Dubai's real estate sector by working out how many expat children are enrolled in schools there.

Middle East


Israel


The consumer confidence index decreased seven points to 113 in Saudi Arabia, making it the fourth most optimistic market in the world. “Political turmoil in the Middle East and doubts towards future oil demand, which is indispensable for the Saudi economy, and subsequent austerity measures has led to depressed consumer sentiments in Saudi Arabia,” said Arslan Ashraf, Managing Director, Nielsen Saudi Arabia. (Photo: REUTERS/Hassan Ali)

Well, good news coming from the middle east. Saudi Arabian home lending is growing at the fastest pace in over four years in the second quarter of 2012, according to reports by Bloomberg. It's evidence that banks in the largest Arab economy are...

Bank of Israel Clamps Down on Mortgage Terms to Avoid Real Estate Bubble

Like numerous other countries fearing a residential real estate bubble through easy mortgage terms, the Bank of Israel is capping the loan-to-value term of mortgages at 33 percent to 40 percent. The bank is also increasing lenders' provision for ...

India


Australia & New Zealand


Jumeirah Group moves into India with Mumbai property

Jumeirah Group, the global hospitality company and a member of Dubai Holding, has signed a management agreement to operate a luxury hotel in central Mumbai, India.

NZ Property market heat no surprise

New Zealand's household incomes have increased by a third in the last four years, while average house prices have risen nationally by only 1.3 per cent in the same period, making recent real estate market buoyancy unsurprising, says Finance Minist...

China


Hong Kong


Despite the Chinese government’s efforts to rein in rising real estate prices, housing remains expensive and out of reach for the vast majority of Chinese. Above, people walk by a property billboard in Shanghai. (Peter Parks, AFP / Getty Images / August 27, 2012)

The curbs aimed at cooling China's overheated housing sector worked, but they also put the brakes on rapid growth. But boosting home sales could trigger class tensions.

From bankers to cage-dwellers, HK feels property price squeeze

HONG KONG (Reuters) - In a cramped space on the fifth floor of an old industrial building in Hong Kong, Huang Shaochang and his wife live in some of the priciest real estate per square foot in the world - a 35 sq ft room with a bunk bed and small TV.

Singapore


Japan


Property investors keen on Tiong Bahru

Tiong Bahru may have few amenities to boast about but that has not deterred property investors and tenants from scouting for homes.

AXA has created a new office property investment fund.

TOKYO-AXA Real Estate Investment Managers has launched the Tokyo Office Property Fund. At the first close of this fund, it provides US $126-million equity to invest in mid-size Tokyo office properties.

South Korea


South East Asia


Jeju island is often called the Hawaii of South Korea

The first phase of Berjaya Jeju Resort will be launched Berjaya Land Bhd (BLand) before the end of the year. The project has a total gross development value of US$3.5 billion and the first phase will involve 300 units of serviced apartments to be ...

Vietnam Empty Office Towers Show Dreams Turned to Rubble

From afar, the gleaming metal and glass edifices of Hanoi’s EVN Tower illustrate Vietnam’s rapid economic development. Up close, the rubble-strewn entrance and missing windows tell another story: one of loose lending and property speculation that ...

Central & South America


South Africa


W South Beach hotel opens July 2

Hip 408-unit hotel in Miami Beach joins the 517-unit W Fort Lauderdale that debuted in April

How to buy your first property

For first-time buyers taking their initial steps towards purchasing a property, there are a few essential aspects that should be considered beforehand such as whether the buyer is ready for the investment and well researched on all the types of op...

North Africa


Video


The Cityscape Egypt-Next Move real estate exhibition in Cairo hosted some of the biggest players in the sector. (Daily News Egypt Photo / Hassan Ibrahim)

CAIRO: The future is promising for Egypt, agreed a panel of local and foreign investors on Monday, but the exact timing of a recharged real estate boom, and the identity of the players involved, remain debatable.






 
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Disclaimer: The information presented and opinions expressed herein are those of the authors and do not necessarily represent the views of Estates Report and/or its partners.