All Entries in the "South Korea" Category
MIPIM Asia prepares to showcase developments from across Asia Pacific
Hong Kong’s West Kowloon Cultural District redevelopment, Taiwan’s Taichung Gateway District eco-project and Russia’s Northern Caucasus Resorts development, are among a host of major real estate initiatives that will be on show at the sixth edition of MIPIM Asia, the world’s property market in Asia Pacific, taking place in Hong Kong, in November. A supporter [...]
Investors see opportunities in Vietnam
Investors seeking new markets are eyeing Vietnam rather than the high prices of developed markets, said a project director of the major international property trade show MIPIM ASIA. “If looking at the Vietnamese market, one can see that there are still many opportunities for foreign investors which promise good profits for them,” William Young said [...]
Pacific Star: commercial properties to hold up in 2H
Pacific Star Group, one of Asia’s leading real estate investment houses, said Tuesday commercial properties in Asia will continue to do well in the second half of 2011. The group made the conclusion in its biannual Asia Property Outlook and Strategy report which highlights its key investment themes in regional real estate markets. According to [...]
BLand to start first project in South Korea
The first phase of Berjaya Jeju Resort will be launched Berjaya Land Bhd (BLand) before the end of the year. The project has a total gross development value of US$3.5 billion and the first phase will involve 300 units of serviced apartments to be completed within 24 months. The project has been delayed since it [...]
DTZ investment backs established Asian cities over emerging markets
Real estate adviser DTZ Holdings PLC favours investment in the commercial sector in established Asian cities over emerging markets reported Reuters. “What I like as a theme are the major cities in Asia-Pacific,” said David Schaefer, international director at DTZ Investment & Asset Management. “On major urban centres, we’re talking about Hong Kong, Singapore, Shanghai, [...]
Phnom Penh Tower construction to be completed by end of April
The construction of the 22-storey, US$60 million Phnom Penh Tower is scheduled to be finished by the end of April, The Phnom Penh Post has reported. “We already completed 95 percent [of the tower],” said Hong Youvoin, Marketing Manager of the South Korean company behind the tower, Hyundai Amco Co. “We’re preparing the grand opening [...]
Singapore home sales rise after fouth months of decline
Data from Urban Redevelopment Authority noted 1,386 private homes sales in March, up 25 per cent month-on-month
Property Report named Property Magazine of the Year
Accolade from Singapore’s Marketing magazine underlines position as the leading regional luxury property magazine.
South Korea cutting property taxes to prop up market
South Korea has announced that it will cut property purchase taxes in a move to offset tougher borrowing rules and keep the recovering housing market from losing strength, Reuters has reported. The measures come as President Lee Myung-bak and his ruling Grand National Party are suffering falling approval ratings due to rising inflation in the [...]
Green office building boom in Asia?
Asia may go through a boom in construction of green commercial buildings as demand for ecologically friendly office space grows, a global commercial real estate association has predicted. “A lot more companies are looking for green space, and Asia is growing, with more multinational corporations coming here,” said Michael Zamora, CoreNet Global board member and [...]
