Asian investors are widening their search for value added properties in the United States.
The economic pedestal on which India has stood for the last two decades has started to look somewhat shaky of late as the country attempts to tackle increasing inflation rates, spiralling GDP growth and a looming currency crisis brought on by the global downturn.
In part two of a legal Q&A on estate rules, we address buy-to-let issues in Hong Kong and strata living matters in Singapore.
This column is entitled “Buyer Analysis”, and why not indeed. It is vitally important to properly analyse all information before making any kind of investment, and especially when it comes to real estate. On a personal level, I should probably spend a bit more time on the ‘analysis’ part of buying – but maybe it [...]
The Trump Hotel Soho in New York City is offering its Presidential Penthouse up for sale for the first time, with an asking price of USD50 million. The Trump Hotel’s 46-storey tower,developed with Sapir Organization and Bayrock Group LLC, is located in the tony neighbourhood of Soho, and the penthouse spans the top two floors—a [...]
With Southeast Asia’s urban property markets hot to the point where governments have to impose restrictive measures to cool down frenzied investment; resort properties have become a popular alternative for buyers looking to maximise capital.
Based in Hong Kong for the past 12 years, David Crane has become something of an expert when it comes to property investment in one of Asia’s most dynamic economic markets. In recent years, he has focused particularly on the emerging Clear Water Bay luxury residential market, an area he now calls home.
Property management is one of the biggest challenges facing Bangkok’s otherwise gleaming property market.
Thailand Knight Frank has published a report on the Pattaya condominium market for the first half of 2013. According to the data, the cumulative supply of Pattaya condominiums at the end of 1H 2013 was recorded at 40,939 units, increasing by 32.9 percent over the end of H2 2012. Approximately 10,153 units from 20 condominium [...]
Bangkok The residential market in Bangkok continues to expand in the second quarter albeit at a slower pace with 1,600 unit launches in the CBD vis-a-vis 3,000 units in Q1, according to data from DTZ Research. The data shows the revival of the areas along Chao Phraya river, particularly with the major launch of new [...]
Sansiri is currently promoting its newest condominium project to overseas buyers, starting in Singapore at the end of the month with a two day showcase of Baan Mai Khao Phuket at the St. Regis Hotel on 27-28 July. Baan Mai Khao Phuket is the first freehold beach condominium development in Thalang district, a beachfront community [...]
By Liam Aran Barnes Considered by many to be one of the world’s finest natural harbours, Manila Bay has, for centuries, played an integral role in the Philippines’ economy and commerce. In recent years, however, the bay has started to redefine itself as a luxury hangout for the country’s nouveau riche, complete with sailing clubs, [...]
According to the World Economic Forum (WEF) biennial report, Singapore ranks first in Asia in terms of travel and tourism competitiveness and tenth among all 140 countries and regions around the world. However, this meteoric rise in tourist arrivals and revenues can’t continue at such break neck pace much longer. Back in September 2009 in [...]
Q Langsuan, a prime condominium project on Bangkok’s Langsuan road is currently touring Asia’s largest cities to draw in foreign investors. The freehold condominium is conveniently located close to Chitlom and Rajadamri BTS skytrain stations and a full range of 5 star amenities at prestigious hotels such as Hotel Muse, Centre Point Langsuan Hotel, Four [...]
Colliers International has opened a new office in Yangon – the first global property consultancy firm to do so – and appointed Tony Picon as managing director, according to to a company announcement. The office comes on the back of Myanmar’s strong growth potential and aims to support businesses entering the emerging nation and establish [...]
Mammoth Empire Holdings Sdn Bhd, the developer of Empire Subang, recently entered into a joint venture with Iskandar Investment Bhd to build a RM4 billion (US$1.25 billion) mixed use development in Iskandar Malaysia, reported local newspaper The Sun Daily. Construction on the project, to be located next to Legoland Malaysia is scheduled to begin in [...]
Hong Leong Holdings recently launched One Balmoral, a freehold condominium along Balmoral Road. The project’s 91 units come in one- to four-bedroom configurations ranging in size from 592 to 1,658 square feet with prices starting at S$1.5 million for a one-bedroom apartment to S$4.3 million for a four-bedroom unit. Located a short distance from Orchard [...]
The former residence of the French ambassador is being put up for tender after being vacant for more than a decade, according to Channel NewsAsia. The 106-year old white bungalow at Gallop Road on Holland Road will have a guiding rent of S$50,400 per month. It is now a state building managed by the Singapore [...]
Amid another round of cooling measures, Singaporean developers are luring buyers with discounts on their completed penthouse units. Savills Singapore reported that City Developments Limited has offered five percent discount on some of its completed penthouses including units at Shelford Suites, a 77 unit exclusive freehold condominium development on Shelford Road; Wilkie Studio, a contemporary [...]
Reports pouring in for Q1 2013 have spelled good news for Dubai’s property market. Prior to getting a head start in the current year, many experts were of the opinion that 2013 would be the year when the market would pick up but the fast pace of recovery in Dubai has positively startled everyone. The [...]