Property Market
Nova Group plans B6.5bn expansion in ThailandStaff Reporter 31.08.2010 | Hong Kong's property bull market 'peaked': RBSChris Oliver MarketWatch 05.05.2010 |
 Rony Fineman, president of Pattaya-based Nova Group announced plans to develop nine projects in Pattaya and Bangkok worth a combined B6.5bn in the next two years. The Nova Group currently owns three hotels, and a serviced apartment in Pattaya and has undertaken a number of condominium developments in Thailand's busy seaside resort. |  Hong Kong's property market appears to have reached its high tide mark, according to research by the Royal Bank of Scotland. |
UK Government eyes better returns from propertyGraham Ruddick Telegraph 03.01.2010 | Property market rush expected before stamp duty holiday ends Financial Advice 15.11.2009 |
 The Government could look to take advantage of the downturn in the property market by acquiring assets and starting new developments – despite Britain's bulging budget deficit. |  The UK government is tonight under renewed pressure from consumer groups in the UK with the forthcoming ending of the stamp duty holiday on 31 December. Under recent regulations introduced by the government, homes with a the value of under £175,000 will not attract stamp duty if the deal is completed prior to 31 December at which point the system reverts back to "normal". However, there are calls for the stamp duty exemption to be extended as not all analysts are convinced that the UK property market has turned the corner. |
Colliers Reports Improvements on UK Commercial Property Market E1 BTL Finance News 11.11.2009 | Survey shows industrial markets in Asia-Pacific bottomingStaff Writer Property Report 11.11.2009 |
 Colliers CRE – a leading British property consultant – published a report revealing that the UK commercial property market has seen the fastest recovery of property values in the past months. |  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. |
Singapore central bank wary of property market speculation Reuters 11.11.2009 | China’s Real Estate Sector Posts Strong Growth REUTERS 10.11.2009 |
 Singapore’s central bank warned that more measures may be needed to curb the risk of renewed speculation in the country’s property market, buoyant by low borrowing costs. |  BEIJING — China’s real estate sector powered ahead in October, suggesting that private sector investment was starting to contribute more significantly to an economic recovery led so far by government spending. |
Bangkok's high-end condo targeting niche market MCOT News 09.11.2009 | |
 Home building market is poised to grow further in 2009 after its combined market value exceeded its target of 11 billion Baht. With improving economy, a research finding that 50% of the targets plan to build new homes in 2010 as well as the fact that home building prices are revised up from 1-2 million Baht to 2-3 million Baht range, the market value in 2010 is now projected at 12 billion Baht. |  Against the backdrop of the country's economic slowdown, luxury condominiums are mushrooming, particularly in the heart of the Bangkok metropolis, targeting affluent potential buyers. |
