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Cayo: Buying a strata property takes extra care

DON CAYO, VANCOUVER SUN 18.05.2012
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.

Photo Release: Oriental Residence Bangkok receives financial support from LH Bank

Ms. Valaithip Charanachitta, Managing Director of Thai Contractors Asset (2nd from right) and Mr. Jirawat Kateseang, Vice President of Marketing Communication of Amari Estates (far right) have jointly signed a cooperative agreement on financial support with LH Bank led by Mr.Somsak Hatsuwan, Vice President Consumer Loan Department 1 (far left) and Mrs. Chintana Klaisuwan, Senior Vice President Consumer Loan Group (2nd from left).

First-time buyers to get a leg-up to the property ladder

Housing minister Grant Shapps has unveiled the latest attempt to help first-time buyers get on to the property ladder. FirstBuy is part of a series of schemes designed to reduce the amount of deposit buyers need to raise, as well as providing equity to cover the cost of their new home which can later be bought back to give them full ownership.

Hong Kong rents climbing as financial professionals relocate from Tokyo due to disaster

Japan’s massive disaster has increased home rental prices in Hong Kong as foreign employees in the financial sector relocate to the city from Tokyo.

Singapore government announces more anti-speculation measures

Singapore’s government announced a new round of cooling measures yesterday aimed at keeping the property market stable and sustainable. The latest measures – the fourth round in 16 months – are as follows:

Monetary Authority of Singapore: Property prices will continue to grow

Real estate in Singapore is generally though of as being overpriced – but the country’s central bank has said that prices are set to keep rising in 2011.

Landlords report limited mortgage finance available

Simple Landlords Insurance 21.10.2010
Bank fears Nama will 'dump' properties at distressed prices

RESIDENTIAL MORTGAGES: BELGIAN BANK KBC is “uneasy” about loans to property developers that Irish banks have transferred to the National Asset Management Agency (Nama) because the so-called bad bank could start “dumping” them at distressed prices in the market.

Landlords report limited mortgage finance available

A survey of people with rented property insurance has shown that there is limited mortgage finance available, with 63 per cent of those asked voicing such opinions.

Uncertainty is top concern for Chinese bankers

Andrew Batt Property Report 19.10.2010
UAE mortgages surge Dh20b in seven months

Official statistics released today by the Central Bank of the UAE show that despite a slowdown in the country’s property market, mortgages extended by banks in the country increased by Dh19.7bn in the first seven months of 2010.

Uncertainty is top concern for Chinese bankers

Uncertainty in the property market remains Chinese bankers’ top concern, a survey by the China Banking Association and accounting firm PricewaterhouseCoopers has shown.


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