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2008/2009What an eventful year
by Dr Chua Yang Liang
Despite the weak economic outlook, 2009 took the property market by surprise doing much better than expected.

Asia Pacific’s major markets’ strain
by Dan Fasulo
Excluding China’s surging volume, country growth is hard to find.

Property prospects for Phuket and Krabi
by Nick Anthony and Tom Travers
Impact on Thailand’s property sector by the global economic crisis, and what to watch for in southern Thailand during 2010.

Ensure your deeds are in good order
by Julian Male
Thailand land registration and ownership: How good is your title?

Tax issues when buying overseas homes
by Paul Ashburn
Tax issues to consider when purchasing overseas property

The basics of expat financial planning
by Jerry Dingley & Tim Whiteley
Basic financial foundations are often overlooked by expats, but they are important for those living outside their own country.

 
 
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Asia Property Report - July 06 - News




Singapore ranks 18th in global ranking of retail rent

by Adley Low

Singapore ranked 18th position in a ranking of the world’s most expensive retail locations at end of quarter one-2009, moving up one notch from 19th position at end-2008, according to CB Richard Ellis’s (CBRE) latest Global Retail Market View.

CBRE survey finds that 38% of top global retailers have presence here.

At the end of second quarter, retail rents along Orchard Road was clocked at S$49.80 per sq ft per month.

This figure is down 3.9 per cent from the last quarter and 8.5 per cent lower than the same period a year ago.


The average super prime retail rental value along Orchard Road at the end of the first quarter was US$408 per sq ft per annum, or S$51.80 per sq ft a month.

In CBRE´s ranking of the top 15 Global Retail Cities as of the end of last year, Singapore emerged 11th. The figure was based on the percentage of leading global retailers present in the cities.

Ranking at number one, was London with 59 per cent, Paris was second with 50 percent, followed by New York at 47 per cent and Dubai at 46 per cent.

Singapore lost to tokyo by one per cent at 39 per cent.
 
 
 
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