Yes, prices CAN drop!
DOWNWARD CORRECTION OF PRICES BEING FELT IN RESIDENTIAL POCKETS WITHIN SELANGOR The infallibility of house prices is a belief that is more grounded in the track record of the Malaysia housing industry, and not necessarily rooted in fact. As a rule of thumb, house prices in key urban centres... Read more
Singapore’s Monetary Authority not budging on cooling measures
In what could be seen as a blow to optimism among developers in the Island Republic, the Monetary Authority of Singapore (MAS) recently announced that the country’s property cooling measures are here to stay. The move goes against the grain of expectations from the market, which has been performing... Read more
Lessons on how not to be victims of success
REDEVELOPMENT CAN REVIVE A LANDSCAPE, BUT THERE ARE IMPORTANT PITFALLS TO CONSIDER TOO   BY Zoe Phoon The High Line in New York City in the US is a 1.45-mile long public park built on a disused historical freight rail line elevated above the streets on Manhattan’s West Side. Opened... Read more
Singapore poised for rebound, say analysts
The long downtrend period for Singapore’s housing market may be coming to an end, say market watchers, noting that there are now signs of a potential rebound. In an interview with CNBC, Cushman & Wakefield’s managing director of Asia Pacific research Sigrid Zialcita told the news network that she... Read more
Average house prices STILL on the rise globally
BY Chris Prasad The overall climate of political and economic uncertainty has done little to slow down rising house prices globally, says international property firm Knight Frank. In its latest Global House Price Index report, the firm’s global research shows that average house prices around the world rose at... Read more
HK residential prices up 5% in 2017
Jones Lang LaSalle’s year-end Residential and Land Market Review 2016 predicts that residential prices in Hong Kong will rise by about 5 per cent next year. According to the financial and professional services firm land prices rebounded in the second half of 2016 as more prime sites were made... Read more
Naza unfazed by current oversupply of office space
BY Roznah Abdul Jabbar The concern about oversupply of office space in the city and whether that will affect the sale of new office projects will always be there but there are ways to address it, according to Naza TTDI Sdn Bhd’s deputy executive chairman and group managing director... Read more
Empty homes taxed in Vancouver
Canada is starting to get aggressive about foreign property purchases, especially in some of its major cities. Just a few months after the city of Vancouver in British Columbia decided to impose an additional property transfer tax on overseas property buyers – no less than 15 per cent of... Read more
Auction market to fire up
BY Chris Prasad While rising non-performing loan (NPL) figures do not paint a pretty picture for the overall economy, some property market experts predict that there could be an unintentional positive flipside to the situation. Industry professionals engaged in the secondary market believe that the threat of increased loan... Read more