A weakening local and regional market could spur more Chinese investors to look at foreign markets for opportunities this year. International property firm Jones Lang LaSalle predicts that Chinese investors are likely to buy $20 billion worth of properties overseas in 2015, up 21% year-on-year. Chinese overseas investment in real estate was nearly $16.5 billion... Read more
By Livian Lin Up until 2013, luxury property prices in Bali enjoyed 22% growth against the Asia Pacific average of 13.5%. Recently, however, the holiday hotspot in Indonesia has strained relations with its most frequent guest, Australia. Has this, along with the ongoing economic slowdown in Europe, affected its... Read more
By Roznah Abdul Jabbar Offices in three main cities in Asia – Hong Kong, Singapore and Tokyo top the chart as the most expensive, according to Knight Frank Asia Pacific’s Global Capital Markets Q1 2015 report. Of the three, Hong Kong is the most expensive, priced more than twice the rate of prime commercial properties... Read more
By Ernest Cheong One month after the implementation of the Goods and Services Tax (GST) on April 1, we are beginning to see its possible effects on consumer spending and property prices and how these may adversely impact the Malaysian economy at this critical stage when the economy is entering a recession. There is a perception... Read more