Place your advert here on Overseas Property Mall
by Overseas Property Mall on Wednesday, March 10th, 2010 in Luxury Property, Vietnam Property
Vietnam’s luxury property sector has been surprised by a rise in local Vietnamese buyers, filling the void left by the exodus of foreigners at the tail end of 2008.
Last year saw locals buy into the Hyatt Regency Residence and Ocean Villas in Danang or Sanctuary Ho Tram Resort in Ba Ria Vung Tau province where an apartment is priced at at least $180,000 and a villa up to $1.7 million.
by Overseas Property Mall on Wednesday, March 3rd, 2010 in China Property, International Real Estate Trends
In what is one of the biggest ironies the world may have ever seen, because of stimulatory measures taken to stave off the effects of the financial crisis, several countries are now having to act quickly to avoid their housing markets overheating, and to curb the same irresponsible subprime lending practices that caused the crash in the first place.
by Overseas Property Mall on Wednesday, February 3rd, 2010 in China Property
The Chinese housing market is seeing phenomenal growth in prices. Despite the global slowdown, property prices in Beijing and Shanghai have quadrupled in recent years, threatening to push house prices beyond the reach of Chinese families.
Because of this, and the fact that most people expect the phenomenal growth to continue, thousands of Chinese families are stretching themselves very thin to buy a house now, for fear that prices will spiral out of their reach in the coming months and years.
by OP-Mall on Saturday, December 12th, 2009 in Hong Kong Property, South-East-Asia Property
The Hong Kong Monetary Authority, the city’s central bank, last month imposed tighter mortgage restrictions, which Hong Kong Chief Executive Donald Tsang said were to stave off a big property bubble following soaring prices this last year. He told attendees at a business lunch: “We do not want to see a huge property bubble developing in Hong Kong,” having earlier said that he wasn’t sure whether a bubble was forming or not.
by OP-Mall on Sunday, October 25th, 2009 in Hong Kong Property, Luxury Property
When I was a kid, if you saw “Made in Hong Kong” stamped on the underside of anything, that pretty much assured it was cheap and badly made. You certainly could not apply that to the Conduit Road 39 building in Hong Kong, where a 6,158 square foot duplex apartment has just sold for US$56.5 million. That’s a lot of square feet, but that’s also a lot of money – and the developer Henderson Land thinks it’s a record not just for the city but for anywhere in the world.
The apartment was bought by a company whose money comes from mainland China, according to the developer, but more than that they either don’t know or won’t say.
by Overseas Property Mall on Wednesday, October 7th, 2009 in Kuala Lumpur Property, Malaysian Property
The Malaysian real estate industry is debating whether or not c– “speculators” — should be allowed to buy in the country. They are worried that foreign investors speculative buying will push prices up and damage the health of the real estate industry. Currently driven almost entirely by resident Malaysians, the Malaysian property market is one of the least volatile in the world.
by OP-Mall on Monday, September 28th, 2009 in Japan Property, Tokyo Property
Land prices in Japan have seen the biggest drop in five years as more discouraged buyers and tighter markets cut off funding to developers. In the 12 months leading up to June this year the average price has dropped 4.4 percent. This reflects an 18 month spell of decline said the Ministry of Land, Infrastructure, Transport and Tourism in a report.
by ssims on Wednesday, August 5th, 2009 in KLCC Property, Kuala Lumpur Property, Malaysian Property, South-East-Asia Property
Kuala Lumpur’s property developers are taking simmering projects off the backburner and readying to launch new developments as the local property market picks up.
For the past year, developers have shelved plans for new building and consolidated by selling homes that were ready-built.
As demand for residential mortgages picks up, developers are opening show homes and testing the water by inviting prospective buyers to sign registers of interest.
Most developers have a tipping point of registrations that then kicks off development.
Kuala Lumpur’s housing market is mainly focused on a young, well-paid local population moving in to the city for work in hi-tech and financial sectors.
by OP-Mall on Tuesday, July 14th, 2009 in Singapore Property
A recent survey by the Asian Real Estate Association has uncovered a disturbing trend for Singapore investors. It seems that the city’s property has disappeared from the radar screen of most non-listed institutional investors and fund managers.
Follow @OverseasPM on Twitter!
Subscribe to Us via Email:
Privacy guaranteed. We will not share your information.
We're looking for professionals in real estate to share their experiences with our readers. If this interests you, we invite you to contact us.
