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Spain’s foreign property market hits nine-year high

Spain’s foreign property market hits nine-year high

Foreign investment in Spain’s residential market reached EUR6.45 million (USD8.95 million) in 2013—the highest in nine years—whilst domestic buyers struggle to purchase houses in their homeland.

Ayala Land opens Hong Kong office to attract more offshore investors

Ayala Land opens Hong Kong office to attract more offshore investors

Ayala Land Inc, a leading Philippine real estate developer, has opened its newest office on Des Veoux Road, Central Hong Kong to attract more offshore buyers for its high-end residential projects.

After December's cooling measures, it looks like less foreigners are jumping in to the Singapore market.

Foreigners in Singapore buying less in January

Early analysis suggests that foreign buyers are scooping up less of Singapore’s real estate in the new year. A caveats analysis by DTZ Research shows that the foreign buying share increased to 23 per cent in December, from 16 per cent in November, but early  January estimates show the share slipped to just 3 per [...]

Russians, Asia-based expats drive boom in Phuket demand

Russians, Asia-based expats drive boom in Phuket demand

A surge in interest from Russian buyers and expats working in Hong Kong and Singapore has seen property sales in Phuket speeding up. While buyers from more traditional markets such as the UK are still feeling the sting of the global financial crisis, these new customers are picking up the slack, according to the Bangkok [...]

Snooker legend Jimmy White buys condo in Pattaya

Snooker legend Jimmy White buys condo in Pattaya

The market for condos in Pattaya is seeing a resurgence lately from both Thai and foreign buyers, and is now adding another name to its register of local celebrities: snooker legend Jimmy White. White, winner of 23 professional titles and frequent visitor to Pattaya, has recently purchased a unit at The Palm Wongamat Beach, a [...]

Aussie government crackdown on foreign buyers blocks 15 property sales

Aussie government crackdown on foreign buyers blocks 15 property sales

An Australian government crackdown on non-Australians who attempt to buy property contrary to investment rules has blocked 15 property sales since it was announced nine months ago, the Age newspaper has reported. The Department of Treasury said an additional 73 proposed residential property sales were withdrawn voluntarily since former assistant treasurer Nick Sherry announced a [...]

Beijing Property – Foreign buyer restrictions lifted

Beijing Property – Foreign buyer restrictions lifted

Restrictions on foreigners buying real estate property in Beijing were called off as Beijing introduced a slew of measures Friday to revitalize the sluggish property market.