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Phuket hotel demand remained static in 2014 mid-year report

Phuket hotel demand remained static in 2014 mid-year report

Following a politically tumultuous first half of the year, Thailand’s popular resort destination island of Phuket suffered a mid-year slump in tourist arrivals, reflected by a negative operating trend in hotel performance.

Malaysia leads Southeast Asian house price growth, per Knight Frank

Malaysia leads Southeast Asian house price growth, per Knight Frank

Price growth in Malaysia’s housing market grew by 8 percent in the year to June 2014, according to global property consultancy Knight Frank.

Singapore surpasses Hong Kong as Asia’s most transparent property market

Singapore surpasses Hong Kong as Asia’s most transparent property market

Singapore outranked Hong Kong for the second time since 2010 in the eighth edition of the biennial Global Real Estate Transparency Index published by consultancy firm JLL.

Malaysia to take centrestage at Singapore iProperty expo

Malaysia to take centrestage at Singapore iProperty expo

Malaysian real estate will be in the spotlight at the latest iProperty International Property and Investment Exhibition, which returns to Singapore this month.

Market round-up

Market round-up

BPO is driving real estate growth in the Philippines and Asian buyers turn from Sydney and Melbourne to smaller Australian cities in this week’s Market round-up.

Gold Coast resort sale set to expand the Komune brand

Gold Coast resort sale set to expand the Komune brand

The Komune Resort in Coolangatta, Queensland has been put on the market to further expand the Komune brand globally and attract more investors in key beachfront locations.

Leading Edge: Are Asian buyers being set up for a fall in Melbourne?

Leading Edge: Are Asian buyers being set up for a fall in Melbourne?

An influx of new projects in Melbourne, Australia’s second largest city, is raising questions about long-term sustainability.

Why invest in Australia?

Why invest in Australia?

Global investors are eyeing the Australian commercial property sector for its strong investment fundamentals, a falling dollar, strategically targeted taxation concessions and a reduction in domestic competition for primary assets.

Bishopscourt in Sydney's eastern suburbs

Anglican history on sale in Australia

A heritage residence known as Bishopscourt in Sydney’s Eastern suburbs was recently put on the market and is expected to draw keen interest from domestic and international investors.

Perth project to attract investor interest 

Perth project to attract investor interest 

Investors as well as owner-occupiers are tipped to flock to a new A$32 million (US$29 million) boutique apartment development in Northbridge, Perth amid predictions the area is set to enjoy strong growth.

Skye by Crown

Sydney’s Skye by Crown lures Hong Kong and Singapore buyers

Leading Australian property firm Crown Group’s latest Sydney development attracted more than US$20 million in apartment sales in Hong Kong and Singapore during the launch earlier this month. “It is encouraging to see such a strong response to Crown Group’s apartments from buyers in Singapore and Hong Kong,” said Crown Group CEO Iwan Sunito. ”They want [...]

A buoyant Shane Warne at the Australian Open

Shane Warne puts Melbourne mansion up for sale

Shane Warne has put his heritage-listed mansion up for sale in Melbourne, Australia with an asking price believed to be about US$15 million. The house unofficially went on the market last August, but estate agent Jonathan Dixon from JP Dixon has confirmed the Brighton home is now officially listed for sale. “We are now getting [...]

Ex-billionaire Tinkler puts Queensland mansion up for auction

Ex-billionaire Tinkler puts Queensland mansion up for auction

Nathan Tinkler is putting his US$5.2 million Queensland, Australia estate up for sale. It will go on auction June 15. The former billionaire coal tycoon Tinkler is currently facing severe financial fallout as liquidators of his company Mulsanne Resources are suing him. He’s been forced to sell off other assets including his horse racing empire. [...]

All that glitters

All that glitters

The global economy has propped up luxury homes and given them safe haven status among the world’s super rich. In 2012, just over a quarter of high net wealthy individuals factored in their main residence and second homes to store wealth in tangible assets and this trend is expected to increase as they add to their residential portfolios in 2013.

Investors in Singapore and Malaysia broaden their horizons

Investors in Singapore and Malaysia broaden their horizons

The property markets in Greater Kuala Lumpur and Iskandar Malaysia are expected to generate more sales in the next year, particularly from Singaporean investors, reported FMT News. The recent announcement of infrastructure developments that will reduce travel time between Malaysia and Singapore is fuelling sales, according to property consultants at Knight Frank Malaysia. Iskandar would [...]

Some investors are turning their attentions towards alternative markets like London due to cooling measures in Singapore and Hong Kong

Investors shift focus as a result of cooling measures

Overseas property firms are taking advantage of the cooling measures recently introduced in Singapore and Hong Kong, reported the South China Morning Post. The latest round of cooling measures were introduced to curb the high demand for property. Authorities doubled the stamp duty in Hong Kong as well as tightening mortgage restrictions, and Singapore’s government [...]

SNH's first NEXT branded hotel is currently being refurbished in Brisbane, Australia.

Mixed-use development to rise in Colombo

SilverNeedle Hospitality (SNH) recently announced plans for the development of a mixed-use project in Sri Lanka’s capital city, Colombo. SNH, based in Singapore, are collaborating with Sri Lanka-based ABANS Group as part of a joint venture partnership. Situated in Colombo’s central business district, the development will comprise a 200 room NEXT Hotel, a four-storey lifestyle [...]

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New translation technology to boost Australian real estate

Various Melbourne-based real estate agents have signed up for a new translation service, which transforms their listings into audio-visual presentations that can be heard in various Asian languages. This move comes alongside growing demand for Australian real estate from Chinese and other Asian buyers, reported Property Observer. The automated service takes images and editorial provided [...]

Results of the survey offered good and bad news for the global property market

A mixed bag of news for the global property market

According to the most up-to-date survey of global house price movements by Global Property Guide, there is both good and bad news according to figures based on the world’s housing markets during the full year up to quarter three, 2012. With the majority of the bad news focused on Europe, the scale of the European [...]

Melbourne is fast becoming a popular investment choice for Malaysian property buyers

SP Setia plans to head down under

Malaysian property developer SP Setia Bhd is seeking to expand its property investment portfolio in Australia, said its president and CEO Tan Sri Liew Kee Sin. The Sun Daily reported the group was also interested in expanding its footprint in the UK and China amid its venture in the development of the China-Malaysia Qinzhou Industrial [...]