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Vietnamese splash the cash

Vietnamese splash the cash

Bich Ngoc VIR 08.02.2010

Developers of high-end real estate projects in Vietnam used to focus mainly on overseas Vietnamese and foreign customers as potential buyers.

Gulf region is still popular among real estate investors, study shows

The Gulf region offers good value for money for real estate investors at present with two thirds of would be property...

Gulf region is still popular among real estate investors, study shows

Hong Kong Real Estate Investors On A Buying Spree

Lured by lax monetary policy, and discounts of up to 50% on luxury property, Chinese mainlanders have been on a buyin...

Hong Kong, China

AOCAP Sales & Marketing Forum to be absorbed into October Conference

The Absolute World Group, organisers of Asia´s annual AOCAP Conference, recently announced that due to a prolonged pe...

AOCAP Sales & Marketing Forum to be absorbed into October Conference

London property Printworks well received

High-end London project, Printworks, by developer First Base, has sold 19 units in Singapore over the weekend, says S...

London property Printworks well received

Industry News


Consumer News


Asian Real Estate Investment Market Buoyed in 3Q

The Asian real estate investment market continued to gain momentum in the 3Q of 2009 as capital values generally stabilised, sentiment improved and the bid-ask spread narrowed, particularly for quality yield-accretive assets in prime locations.

Real people: how to survive a property crash

There are thousands of couples in Britain like Phoebe Oliver, 35, and her husband Jamie, 39, who after weighing up their chances of building up a traditional pension pot decided instead to put their life savings into property.

More homebuyers begin their quest in cyberspace Sam Spatter THE PITTSBURGH TRIBUNE-REVIEW
Sales Fade As First-Time Homebuyers Give Up on Credit Steve Cook Real Estate Economy Watch
First-time homebuyers find warm, cozy market MELINDA MAWDSLEY The Grand Junction Daily Sentinel

The Housing Crisis


Commercial Property


State home sales and prices fall in 2nd quarter

Homes sales and home prices fell in Wisconsin during the second quarter, compared to the second quarter of 2008, according to a report from the Wisconsin Realtors Association.

Jones Lang LaSalle investigates banks’ attitude to commercial property lending in the UK

Jones Lang LaSalle has published a survey-based analysis of the UK banking sector’s approach to commercial property lending between now and 2011.

U.K. Home Prices Get Lift ILONA BILLINGTON and ANITA LIKUS The Wall Street Journal
How to prevent flipping fraud Michael Braga, Chris Davis & Matthew Doig Herald Tribune

Loans & Financing


Taxes


Tips for getting the best foreclosure deals

Foreclosure. It seems like half the country is in it and the other half is trying to make a killing on it.

Boston Real Estate and Tax Saving Tips

If you haven’t filed your taxes yet don’t worry you still have until April to get everything together. The folks over at Mortgage Fit have given us some great tax tips. One thing is for sure whether your buying a home in Boston or Quincy you may w...

Insurance


Legal News


Zurich’s Property Investors Unit to become Real Estate Insurance

From mid January 2010, Zurich’s Property Investors Unit (PIU) is changing its name to Real Estate Insurance (REI).

Nominees will need to find 'real' Thai partners, says JFCCT

Foreign firms using Thai nominees to hold property should restructure their holdings and seek Thai partners to legalise their investments, said Patima Jeerapaet, chairman of the property committee of the Joint Foreign Chambers of Commerce in Thail...

Agents & Brokers


Developers


Staff Writer Property Report
JLL expands portfolio across Asia Pacific
JLL expands portfolio across Asia Pacific

Jones Lang LaSalle’s Property and Asset Management team expanded its portfolio of space under management to exceed 500 million sq ft across Asia Pacific in 2009.

Mr Somboon shows off a mural displaying the evolution of Pruksa, which recently changed the English spelling of its name from ‘Preuksa’.

Pruksa Real Estate Plc (PS) is the low-cost leader among real estate developers and the second largest developer by sales on the Stock Exchange of Thailand. It develops townhouses, detached houses and condominiums, focusing on Bangkok and its subu...

Contractors & Builders


Projects & Investment


Land & Houses boss predicts a tough year ahead for Thailand’s smaller developers

The boss of one of Thailand´s top property developers is predicting a tough year ahead for small and medium-sized developers in the Kingdom.

Thai home-building innovator targets India, Vietnam

Pruksa Real Estate, Thailand’s biggest property developer and manufacturer of prefab homes, is targeting affordable housing markets in India and Thailand.

Building & Improvement


Hotels & Resorts


The Six Risks of Risk Free Real Estate Investing Techniques

There seems to be a lot of talk lately about “no-risk” real estateinvesting techniques. I’ve heard this talk before but it seems much more abundant as of late. Maybe it’s the economy and all the fear the downturn has generated, or just the new fla...

Baan Taling Ngam Resort on Koh Samui to be first local Lehman Brothers asset put on the block

Baan Taling Ngam Resort on Koh Samui, owned by the defunct Lehman Brothers (Thailand), will be offered for tender later this month.

Like Art? You’ll Love Our Condos ALISON GREGOR The New York Times
When Disaster Strikes Cory Cunningham Commercial Investment Real Estate

Property Management


Commentary & Analysis


Jumeirah Group wins long-term deal to manage luxury Thai hotel

Dubai — Jumeirah Group, the Dubai-based luxury hotel operator and a member of Dubai Holding, yesterday said it has won a long-term deal to manage Thailand’s Country Group’s luxury hotel in Bangkok.

Too soon to buy property and tours

I AM worried about two emerging trends that may cause people to believe that the worst is over for Singapore?s economy.

Property Shows & Events


Green Building


Duncan Worthington Asia Property Divorce
Judges for Thailand Property Awards 2009 announced
Judges for Thailand Property Awards 2009 announced

Following the largest number of nominations ever this year, the entry deadline has now passed and the judging has begun. A team of independent judges have been appointed to carry out judging on the 2009 Thailand Property Awards, and for the first ...

Climate Change Capital's green property fund has already bought prime office space in Edinburgh

A property fund set up to generate a return on investment by buying up prime commercial property assets in UK cities and then giving them a green makeover, has closed raising £69 million.

Architecture & Design


Luxury Property


The first time in Thailand, JARKEN launches the 4D “MINE” Series- the phenomenal super luxury in property industry - with expected revenue of 300 MB.

JARKEN Group of Companies is taking a firmer and more solid step into the year 2010 by launching “MINE” Series in 4D form of perfection, targeting only at the elite and aiming at 300 MB revenue.

celebrityhomephotos.com
CELEBRITY HOMES
CELEBRITY HOMES

Home & Garden


Vacation Homes


A one-of-a-kind home with spaces both soaring and intimate

Some property hunters are looking for tradition. Give them a Tudor, a Mediterranean or a Colonial and they're happy. Others have a hard time making up their mind what they want. Not the owners of 3125 Arlington Ave. They were so sure of their drea...

Property cheaper in Britons’ favourite hotspots

A STUDY of eight countries where the British traditionally buy holiday homes reveals that four have seen property price falls of as much as 30% in the past 12 months.

United States


Canada


U.S. trustee seeks bankruptcy denial for Capitol View developer

A U.S. trustee has filed a motion in U.S. Bankruptcy Court to deny Chapter 7 bankruptcy protection for the developer of Harrisburg's bohtched Capitol View Commerce Center project.

Sales of existing homes reached a record high for the month of December, according the Canadian Real Estate Association, with annual sales coming in above 2008 levels. Photograph by: Glenn Baglo, Vancouver Sun

VANCOUVER - Metro Vancouver’s real estate market warmed up considerably at the end of 2009, but likely won’t overheat as 2010 progresses, new data released Friday by the Conference Board of Canada suggests.

United Kingdom


Europe


Take the train to Penzance on an escorted rail tour

The latest deals, discounts and last-minute offers on cottages, rail journeys, hotels and attractions in Britain.

IBEC calls for 10% rebate on commercial rates for Irish retailers from cash-strapped local authorities

Retail Ireland, the IBEC group that represents the Irish retail sector, today urged that this year all local authorities give retailers a 10% rebate on commercial rates bill, given the very serious challenges the sector is facing. However, there i...

United Arab Emirates


Middle East


Shane McGinley Arabian Business
UAE real estate mergers seen rising in 2010
UAE real estate mergers seen rising in 2010

An increase in mergers and acquisitions will be one of the major trends to emerge in the UAE real estate sector in 2010, a senior management consultant has predicted.

Dusit International announces its first hotel in Saudi Arabia.

Dusit International, one of Asia’s leading luxury hotel groups, marks another major milestone in its expansion plan with the announcement of its seventh property in the Middle East, and the first hotel in Saudi Arabia.

Israel


India


Ahmet Kayhan, CEO, REIDIN.com.

Residential real estate investments in six major Turkish cities have caused a profit to the investors in real terms in April 2009, according to Reidin.com, the world's first and leading global online information services provider, with Istanbul an...

Real estate bubble building up again in Mumbai

Mumbai: Mumbai’s real estate prices have begun to run amok once again, suggesting that another realty bubble is in the making. In a quick reversal from last year’s recessionary trends, residential property prices which had dropped by almost 35% in...

Australia & New Zealand


China


Home is where the houses are ... Mosman, the suburb of the merchant bankers.

A cutback in executive performance payments has implications for those selling houses, writes Property Editor Jonathan Chancellor.

Real estate bubble likely in Taipei: expert

TAIPEI, Taiwan -- A housing bubble may plague Taipei City's real estate sector, which has seen a compound annual average growth of 11 percent, an official with Fitch Ratings warned yesterday.

Hong Kong


Singapore


Chinese buy HK luxury

Cash rich mainland Chinese buyers are snapping up luxury flats in Hong Kong which they regard as a good investment at a bargain price, according to research.

Staff Writer Property Report
URA launches site at Tampines
URA launches site at Tampines

The Urban Redevelopment Authority (URA) of Singapore launched the residential site at Tampines Avenue 1 / Avenue 10 for sale by public tender today.

Japan


South Korea


Number of Japanese living in condos increase

Families and single occupants living in condos accounted for 11.42 per cent of all households in Japan at the end of 2009, up 0.27 percentage point from a year earlier, data from Tokyo Kantei Co. shows.

Staff Writer Propert Report
S. Korea to spend US$1.5 bil on Marinas
S. Korea to spend US$1.5 bil on Marinas

The South Korean government said on Tuesday it will invest 1.7 trillion won (US$1.5 billion) into building dozens of marinas across the country over the next decade, as part of an effort to boost the maritime leisure industry and enhance the nati...

Taking aim at housing loans Jung Ha-won Joong Ang Daily
'Korea needs transparent property market' Cho Chung-un The Korea Herald
'Bubble Seven' Prime Properties Rising Back Yoon Ja-young The Korea Times
Kumho to Buy AIG Building in NY Yoon Ja-young the korea times

South East Asia


Central & South America


Golden Tulip signs two hotels in Pattaya.

Golden Tulip, the global hospitality management conglomerate, has continued its expansion into south east Asia with the signing of two hotels in Thailand´s popular resort destination of Pattaya.

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

South Africa


North Africa


Spain: Marketing properties to South Africans

South Africans wishing to acquire a property in Spain's sought-after Costa Blanco in southern Valencia, or Spaniards considering buying a property in South Africa, now have access to the expertise of Vincent Real Estate (www.vincent-realestate.com...

MOROCCANS OVERSEAS TO BENEFIT FROM GOV. MORTGAGE LOAN GUARANTEES

Loan guarantee for up to $100,000 & up to 25 years. The Moroccan government recently decided to give Moroccans Living Overseas the opportunity to benefit from the guarantee Fogarim" for their home loans.






 
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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.