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 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.
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 [...]
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 [...]
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 [...]
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 The Department of Treasury said an additional 73 proposed residential property sales were withdrawn voluntarily since former assistant treasurer Nick Sherry announced a [...]
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.