Tag: property market
Singaporean families seek to work around cooling measures, including raised stamp duties on second and third homes, by buying properties for their children.
Economic growth slowed to 6.2% in the second quarter, its weakest pace in at least 27 years, as demand at home and abroad faltered in the face of mounting US trade pressure.
It urges state governments to follow the Johor model, which imposes a fee on developers to open up Bumiputera-status lots.
American buyers are second only to those from China on the list of biggest overseas purchasers of real estate in London's prime postcodes.
Chartered surveyor Ernest Cheong says stock market woes are compounding the problems of those who bought multiple properties and can't rent them out or sell them.
For the first time in a decade, about 79% of private apartments on the market were bought by Singaporeans.
BOVAEP adds that Malaysia is not the only country facing an economic slowdown.
The decline was driven by land and property values, and financial assets as pension funds were hit by stock market losses.
The project’s owner is separately seeking a buyer for the hotel portion of the development in a deal that could fetch as much as S$500 million.
The Malaysian Institute of Estate Agents suggests, however, that the government put more emphasis on the secondary or sub-sale segment of the market.
Property prices in the three Haryana cities that are closest to Delhi have risen by more than half in the past decade.
Government ministers must understand the market and think before giving their thoughts because whatever they say is construed as a potential policy.
The property market is set to improve, says a real estate group.
Rahim & Co says mixed results in the property market show it is adjusting to the current economic and political climate.
An NGO says the move will make it harder for Bumiputeras to own homes while a consumer group says it could result in lower prices.
This round of control measures on the real estate sector is unprecedented and the expectation that home prices will forever go up is now coming to a critical point.
Carmelo Ferlito says the government, in addressing revenue shortfalls, should instead consider reducing expenditure.
Jagdeep Singh Deo says the state government has implemented various cooling measures since 2014 to tackle the rise in property prices.
The chairman of a China-based website for buyers wishing to tap into overseas property markets says Malaysia is very attractive to foreign investors, including from China, because returns on properties are good.
News that the city's three biggest banks had lifted lending rates for the first time in 12 years saw Hong Kong shares ending lower on Thursday.
The moves by HSBC, Standard Chartered and Hang Seng Bank came after the Hong Kong Monetary Authority lifted its borrowing costs following an increase by the US Federal Reserve.
Singapore’s fertility rate, one of the world’s lowest, makes property demand highly dependent on immigration.
IDEAS says the government should allow the bubble to burst but be prepared to carry out remedial work to ensure the economy is not badly affected.
House Buyers Association says developers are unlikely to lower their profit margins on properties already built or under construction.