Posts Tagged ‘Real Estate’

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Price is right for 2010 home sales: observers

Price is right for 2010 home sales: observers
Markets are stabilising and developers here are ready to roll out pricey homes. Industry watchers are keeping their fingers tightly crossed for the high-end residential sector, which could see more launches next year if economies sail smoothly towards recovery. Full story

Office rents may end long slide to basement

Office rents may end long slide to basement
The Singapore office market has seen its prospects improve dramatically since a gloomy start this year. Full story

Shama chosen to operate new luxury service Bangkok residence.

Colliers International has appointed Hong Kong-based specialised serviced residence operator Shama to operate a luxury service residence that is set to open in Bangkok early in 2010. Full story

New investment projects in Thailand are expected to become reality late next year.

New investment projects in Thailand are expected to become reality late next year.
New investment projects in Thailand are expected to become reality late next year or early in 2011 as long as the ongoing political turmoil and the Mab Ta Put problem are effectively addressed, according to Thai Chamber of Commerce (TCC) chairman Dusit Nonthanakorn. Full story

Let property assessment be more transparent

Let property assessment be more transparent
THE system of property taxation in Singapore, apart from hotels, relies on an assessment of the 'market rent' of a property called the annual value (AV). A rate (currently 10 per cent) is then fixed to the AV to arrive at the annual tax payable. Full story

Singapore Real Estate Prices Surging

Singapore Real Estate Prices Surging
After residential property prices in Singapore surged 15.75% in Q3 2009, the government warned against speculation, and the formation of a property bubble. From a six-year low of 953 housing units sold in Q4 2008, sales soared to 10,120 units in Q2, and 11,518 units in Q3 2009. Full story

ERA keen on second homes

The recovering Thai economy is likely to stimulate property sales, prompting the real estate brokerage ERA Franchise (Thailand) to expand into resales and rentals of second homes and resort units in tourist locations. Full story

Barclay’s survey shows Singapore’s wealthy optimistic about property prices

A survey by Barclays Wealth and the Economist Intelligence Unit found Singapore´s wealthy among investors around the globe optimistic about value of their properties to rise in the next cuople of years, reported Bloomberg. Full story

Singapore property portfolios

Singapore property portfolios
Singapore investors are not alone in their love for property. Those in Hong Kong have also allocated 25 per cent of their portfolios to property, according to a survey of high net worth individuals conducted by Barclays Wealth. Full story

Cambodia allows foreigners to own property

The Cambodian government on Friday approved a draft law allowing foreign ownership of buildings such as apartments and office buildings to boost economic growth, the country's cabinet said. Full story
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