Industry News

China’s urban fixed-asset investment up 26.6%

Staff writer Asia Pulse 11.03.2010

China´s urban fixed assets investment leaped 26.6 percent year on year (y-o-y) to 1.3 trillion yuan or US$190.3 billion in the first two months, highlighted by a prominent increase in property investment, the National Bureau of Statistics (NBS) announced Thursday.

Taiwan Prepares for the Arrival of Luxury Investors JONATHAN ADAMS The New York Times 11.03.2010	Property prices in UK’s most expensive street soar, survey reveals Property Wire 11.03.2010
TAIPEI — Taiwan’s luxury property market — long passed over by international investors — finally may be poised to attract overseas money, analysts here say.	The average cost of a property in the most expensive street in England and Wales has soared by £300,000 during the past year, according to new research.
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UK housing affordability hits 7-year high Sandy Smith HULIQ 11.03.2010	Can Your iPhone Tell You Which House to Buy? James R. Hagerty The Wall Street Journal 10.03.2010
A drop in both house prices and mortgage rates has improved the affordability of housing in the United Kingdom to its highest level since 2003.	For those seeking bargains in today’s bombed-out housing market, it helps to have strong nerves and a big wad of cash.
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Growing demand for fractional property in India FractionalLife.com 10.03.2010	Fraser Island assets up for sale Staff Writer Property Report 10.03.2010
$Growing demand for fractional property in India$ Country Club India, one of the fastest growing leisure and entertainment operators in Asia, is set to introduce fractional ownership properties to a range of its developments.	Kingfisher Bay Resort Village Pty Ltd have appointed exclusive agents Jones Lang LaSalle Hotels to market for sale their multi-award winning freehold and leasehold resort interests and associated businesses on Fraser Island.
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3 Real Estate Market Challenges to Tackle Throughout the Year Margaret Kelly RISMEDIA 10.03.2010	US house prices rise despite increase in distressed properties Property Showrooms 10.03.2010
RISMEDIA, March 11, 2010—It’s not likely anything could surprise us as much as the sheer magnitude of the slowdown we’re experiencing. Just be prepared for anything going forward.	Property investors in the US may be interested in news that house prices in the country experienced a five per cent rise in value during February, compared with last year.
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