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Asia Property Report - October 22 - News
Capital bubbles in China have resulted from investors´ confidence in the real estate market, in which property prices keep surging, according to Shanghai Securities News.
Drawing a lesson from the sub-prime mortgage loan crisis in the United States, capital bubbles have come from the real estate market instead of the booming stock market in China because the former reflects the value change of land and property, the foundation of social credit.
China has not yet established a perfect social welfare system, and personal housing investment, a rational activity to protect oneself and to accumulate personal credit, is regarded as a kind of deposit.
The credit system in China has not yet developed fully, and the interest rate and exchange rate systems have not yet completely adopted to the general market principles. Meanwhile, the real estate market is relatively standardized, and becomes an important factor to measure the credit level of an individual or an organization.
The more land investors hold, the higher credit they would gain in banks, and their shares would probably welcome an ascent.
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Koh Samui’s famous luxury resort Baan Taling Ngam is reportedly up for sale.
Koh Samui resort remains an "attractive asset" in view of the current status of vacant possession with no international hotel chain, says industry expert....
MIPIM: Future of real estate
The economists Claude Smadja, Dr Marc Faber, famous for predicting the 1987 stock market crash, together with the astrophysicist Dr Benoit Famaey are among the eminent specialist...
Phuket gains a waterpark - Splash Jungle opens
West Sands, the luxury Residences, Resort and Water Park has splashed into 2010 by launching Phuket’s first state-of-the-art water park "The Splash Jungle" on January 29th,...
London property Printworks well received
High-end London project, Printworks, by developer First Base, has sold 19 units in Singapore over the weekend, says Savills....
Vacancy rates in the Bangkok office market rose 3.35% during 2009.
Rates rise during 2009 as firms cancelled expansion plans and froze recruitment for all but the most essential positions. Many embarked on efficiency drives to make better use of the space t...
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| Apartment / Condominium - Pattaya |
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Apartment / Condominium - Malaysia |
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Villa - Vietnam |
Price :
200,000 USD
House for sale in pattaya |
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Price :
980,000 USD
The Pavilion is situated in an exclusive area located in the shopping district of Bukit Bintang and the Golden Triangle District. The Pavilion, the retail development was opened in 2007 and was rated as a 5 Star retail mall with its many branded tenancy and diverse facilities. The Pavilion Residen |
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Price :
1,800 USD
Type: Villas in Tay Ho - West Lake
District: Tay Ho - WestLake
City: Hanoi
Price: USD $ 1,800
Available for: Lease
Description:
Nice villa in Dang Thai Mai Street, Tay Ho district with big court yard, lake view, roof terrace, it has 4 large bedrooms, 4 bathrooms, wooden floor, modern kitchen |
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