Author Archive for PRSEA
Property prices expected to drop in Singapore
Home buyers and investors in Singapore expect new government measures to lower the cost of property in the next six months. The Additional Buyer’s Stamp Duty (ABSD) was highlighted as the main reason people believe property prices will decrease. The government introduced the ABSD for private property of between 3 per cent and 10 [...]
President of RICS honoured at award ceremony
The Royal Institution of Chartered Surveyor’s (RICS) global president, See-Lian Ong was named the ‘Prominent Player of the Year’ at the Malaysian Construction Industry Excellence Awards (MCIEA) 2011. Mr Ong has been working in the public and private sectors of the construction industry for the last 40 years. He has held many positions within [...]
Results of cross-market online property survey published
Malaysians remain upbeat about the property market despite the demand for houses priced around RM1 million (US$330,688) dropping and the threat of a property bubble according to the results of an online survey. The findings are part of the first cross-market online property survey conducted by the iProperty Group covering Singapore, Indonesia, Hong Kong [...]
Jones Lang LaSalle shows confidence in Bangkok property market
The property firm Jones Lang LaSalle Thailand is confident a property bubble remains impossible despite the oversupply of condominiums. The managing director of Jones Lang LaSalle, Suphin Mechuchep, talked about the strength of the Thai property market at an Investment Expo in Bangkok. “The Thai property market is active, particularly condominiums in inner Bangkok, [...]
Sansiri expanding in Phuket
Sansiri is preparing to launch its third starter-level home project in Phuket. The Habitia will be built on 46 rai of land near the British International School. The 244 semi-detached homes will have two floors on 140 square metre plots. Inside will be three bedrooms and two bathrooms, living room, kitchen, space for a [...]
MIEA claim Malaysia’s property sector is a safe investment
Malaysia’s real estate market compares favourably to other areas in Asia, which means buying property is a wise long-term investment claims Nixon Paul, president of the Malaysia Institute of Estate Agents (MIEA). Mr Paul highlighted the condominium market in Malaysia as a good investment over the next 10 years. “We are one of the [...]
Eton Properties to turnover 2,000 units
Eton Properties will deliver over 2,000 residential units housed in five condominiums in Manila this year. Last month 674 units in Belton Place in Makati City and 665 units in the West Tower of One Archers Place were turned over. Later this year the company expects to turnover 303 units in The Eton Residences [...]
Property boom predicted in the Philippines during 2012
The Philippine’s property market is bracing itself for a strong 2012 with interest rates down and an expected increase in foreign investment. The real estate firm CBRE believes the current economic downturn in Europe will force companies to outsource operations to Asia. “The outsourcing story is no longer questioned, just accepted—with the only question [...]
Hi life: The story behind the design
A story is what makes the difference between stuff and design, says British designer Alexander Lamont who is relaunching his company with a new name, website and product line. Property Report South East Asia sat down to talk with the designer about stories, materials and the new brand, Alexander Lamont.
New city plan speeds up development of condominiums
Property firms in Bangkok are moving ahead with the development of new condominiums before the limitations of the new city plan come into effect on May 15, 2013. The new city plan states that high-rise construction with utilisation space of more than 10,000 square metres in a middle-density population area, in the central business [...]
