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Real Estate: New Home construction highest in 4 years

According to the Commerce Department today the new home construction is highest in four years in September. Housing starts in the U.S. surged 15 percent in September to the highest level in four years.

Home construction and renovation falls in Australia in first quarter of 2012

Preliminary figures published by the Australian Bureau of Statistics provide a disappointing update for residential construction in the March 2012 quarter, according to the Housing Industry Association, the voice of the country’s residential building industry.

Cambodia construction industry rebounding

Cambodia’s construction industry has experienced an 87 per cent increase in government-approved investment in the first five months of 2011 compared to the previous year.

Photo Release: Caterpillar’s Foundation Stone Laying Ceremony at Hemaraj RIL

Caterpillar Underground Mining Pty Ltd., an Australian subsidiary of Caterpillar USA - the world’s leading manufacturer of construction and mining equipment and a Fortune 500 company, recently held a Foundation Stone Laying Ceremony for its first manufacturing facility in Thailand at Hemaraj Rayong Industrial Land (Hemaraj RIL). Located on 140 rai of land, the facility is scheduled to begin operation in late 2012 and will produce a full range of underground mining articulated trucks and loaders, which are used by Caterpillar customers around the world in hard-rock underground mining applications.

W Bangkok gears up for completion in 2012

Kanchana Paha Property Report 09.03.2011
China mulls ban on foreign investment in villa construction

China is set to ban foreign investment in the construction of villas as part of ongoing efforts to cool the property sector.

W Bangkok gears up for completion in 2012

W Bangkok has been topped off and construction is on schedule for completion mid 2012.

Dubai Continues Building on Lower Construction Prices

Chris Hartley Financial Feed 25.02.2011

Raimon Land starts construction at 185 Rajadamri

Kanchana Paha Property Report 09.10.2010
Dubai Continues Building on Lower Construction Prices

Dubai’s property market collapse has not stopped developers from continuing with construction instead of dealing with legal obligation to give advance payments back to customers. Also, construction sites are active because of a drop in construction costs by 40%. So, projects are being completed at the lowest cost instead of waiting for upturn.

Raimon Land starts construction at 185 Rajadamri

Thailand’s high-end property developer Raimon Land has awarded the piling contract for its latest development 185 Rajadamri to Pylon Public Co., Ltd. The piling work commenced last Monday and will be completed in January 2011.

Malaysia to crack down on shoddy construction practices

Byron Perry Property Report 30.09.2010
Malaysia to crack down on shoddy construction practices

Malaysian Local Government and Housing Minister Datuk Wira Chor Chee Heung has warned that the government will take harsh measures against dodgy property development practices, the national news agency Bernama has reported.

Property hand-over procedures after construction – What needs to be considered?

Upon completion of construction works, a seller or contractor usually wishes to swiftly hand-over the completed property to its buyer and thereby trigger further payment obligations of the buyer.


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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.