Industry News

National house price register to be set up

Thu, 11 Mar 2010 02:01:22 -0600

Government says time for delivery uncertain because of data protection legislation, writes EDEL MORGAN McGRANE

Guidance note issued to assist valuations of incomplete property.

Wed, 17 Feb 2010 02:42:16 -0600

Thai lenders and the investment community will find it easier to set internationally recognised values on investment property under construction, thanks to a new guidance note issued by the International Valuation Standards Council (IVSC).

Strong recovery in real estate investment as investor confidence returns, says report.

Tue, 16 Feb 2010 02:27:38 -0600

Asian real estate investment markets posted a strong recovery in the second half of 2009 after witnessing a difficult start to the year, according to data released today by CB Richard Ellis. Investment turnover bottomed out in the first quarter but improved thereafter as investor confidence gradually returned, underpinned by the strong rebound in the equity markets, the persistence of low financing costs and a stabilizing trend in price levels across key markets.

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

Tue, 09 Feb 2010 03:16:17 -0600

The Gulf region offers good value for money for real estate investors at present with two thirds of would be property buyers intending to purchase in the region in the future despite being more aware of the risks involved, according to a new report.

Asian Real Estate Investment Market Buoyed in 3Q

Mon, 16 Nov 2009 03:04:09 -0600

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.

Survey shows industrial markets in Asia-Pacific bottoming

Thu, 12 Nov 2009 02:52:05 -0600

Colliers International’s latest bi-annual survey on the industrial real estate costs in Asia Pacific concluded that the industrial markets across the region are showing signs of bottoming after being hit by the global financial crisis in September 2008.

Promising investment destinations ready for discovery at MIPIM Asia

Wed, 04 Nov 2009 02:58:14 -0600

At this year’s edition of MIPIM Asia, a range of new property developments in Asia-Pacific will be presented and unveiled. Here is a short selection of some of the most promising projects and investment areas to be discovered at the Hong Kong Convention and Exhibition Centre from November 18-20.

CapitaLand plans listing 'CapitaMalls Asia'

Tue, 06 Oct 2009 04:26:43 -0500

CapitaLand Limited announced that CapitaLand Retail Limited, its wholly-owned subsidiary, has obtained a letter of eligibility-to-list to list its shares on the Main Board of the Singapore Exchange Securities Trading Limited (SGX-ST). CapitaLand Retail Limited will be renamed CapitaMalls Asia Limited (CapitaMalls Asia).

Asia property market recovery well underway, according to industry experts

Wed, 02 Sep 2009 04:32:52 -0500

Asia's property market is making a strong comeback with renewed buying interest for residential property powering sales on expectation that the economic downtrend is bottoming out, it is claimed.

Australia property firms see pick-up, shares rise

Thu, 27 Aug 2009 03:16:25 -0500

SYDNEY, (Reuters) - Three Australian property firms gave cautiously optimistic outlooks for the local real estate market on Thursday, sending shares in the sector higher.

Singapore Real Estate Sales On Record Pace

Thu, 27 Aug 2009 03:00:49 -0500

Unlike most of the property markets elsewhere in the world, Singapore's real estate market is booming with sales expected to set new records this year. Property sales soared in July, increasing by 50 percent from June to July as investors bought reasonably priced property in the luxury and middle-class price ranges. See the following article from Property Wire for more.

Thai property market recovering but global downturn and political unrest has pushed prices in some areas down to 2007...

Thu, 27 Aug 2009 02:37:01 -0500

The condominium market in Thailand is showing signs of an early recovery as selective investors return to buying properties and real estate stocks, it is claimed.

Used-home sales off 20-25%

Thu, 27 Aug 2009 02:32:42 -0500

Inspection service will help buyers

Demand for mass market homes stable: Wing Tai

Wed, 26 Aug 2009 03:04:17 -0500

SINGAPORE'S property market looks set for recovery, although the ride ahead is not likely to be smooth, according to the chairman of property developer Wing Tai Holdings.

Property sales soar in Singapore

Wed, 26 Aug 2009 02:58:01 -0500

Residential property sales in Singapore have soared, reaching a record high since the country's Urban Redevelopment Authority began recording figures.

Land near mass transit holding up

Wed, 26 Aug 2009 02:45:09 -0500

The price of land in inner Bangkok and located close to the mass-transit system comes in at Bt400,000 to Bt600,000 per square wah, nearly the same as last year, says research by property developer and agency Aquarius Estate.

Phuket Ownership: Governor Admits to Concerns

Wed, 26 Aug 2009 02:40:28 -0500

THE Governor of Phuket, Wichai Praisa-nob, said today there was often a subtle, unwritten agreement that enabled foreigners to control what was done with land on Phuket.

Coldwell Banker Real Estate Launches International Home Search Application for iPhone and Android Devices

Tue, 25 Aug 2009 03:38:09 -0500

RISMEDIA,-Coldwell Banker Real Estate LLC announced the launch of the first-ever international home search application for iPhoneTM and AndroidTM-powered devices.