Macau property prices will continue to rise

May 16, 2012 - Macau

Property prices in Macau will continue to rise this year says the president of Macau's Association of Real Estate Agents, Chong Sio Kin.

According to Chong Sio Kin prices will rise about 5-10 per cent, even though the government recently announced cooling measures to control growing speculation in the market.

As reported on the Macau Daily Times, the curbs will more affect the sales of luxury units as buyers avoid tax hikes and higher loan deposits by looking at the lower end, or at units priced below MOP3 million (US$373,740).

Price drop for Singapore’s private homes

May 01, 2012 - 新加坡

In the first three months of the year private homes in Singapore finally headed south after nine consecutive quarters of increase.

Figures released by the Urban Redevelopment Authority (URA) confirmed earlier flash estimates that prices fell by 0.1 per cent compared to the previous quarter.

Today Online reported that the latest statistics also revealed the growing popularity of "shoebox" apartments which are units smaller than 50 square metres and made up 27 per cent of sales in the first quarter.

Real estate booming in Perak, Malaysia

April 27, 2012 - 霹雳州

Perak is expecting a delivery of around 10,00 new residential units, up from 4,582 last year.

According to a report by the Finance Ministry of Malaysia, delivery of new units has been strong from 2007, when 9,747 units were delivered, 6,513 in 2008 and 8,496 in 2009.

Perak consists of 10 districts, with around 60 per cent of the launched units in the Kinta district where property prices have seen an increase of around 15 per cent over the past year.

Hanoi real estate market not ready for investors

April 25, 2012 - 河内

Hanoi's condo segment has experienced a free-fall in price in the primary market since the realty boom in 2007 according to an executive of CB Richard Elis Vietnam (CBRE).

Around 53 per cent of newly-launched apartments in the first quarter were priced at below VND 21 million (US$1,008) per square metre at favorable locations like My Dinh, Dinh Cong, and Cau Giay urban area.

According to the Vietnam Net, prices of housing products in the secondary market have still continued on a downstream, at around 11 per cent y-o-y.

Koh Samui cracks the investment code

April 23, 2012 - 苏梅岛

Thailand's top resort destinations have enjoyed a significant return to form this year with tourist arrivals in destinations like Koh Samui and Phuket reaching and even exceeding pre-global financial crisis levels.

Tourism is also driving property sector growth with new projects coming online, some of them carefully designed to match not only an increase in demand, but also a more sophisticated international clientele.

Property prices in Hong Kong predicted to fall 10% in 2012

March 28, 2012 - 香港

Residential property prices in Hong Kong, which rose the most globally in the past year, may need to fall as much as 10% in 2012 before buyers are lured back, according to international bank Standard Chartered.

"Most people are on the sideline. They are watching. They are waiting. In order for activities to go up, prices may have to come down to drive a little bit more interest."

Hong Kong property prices fell to a six month low in early November while the number of transactions the previous month fell to nearly a three year low.

Property prices expected to drop in Singapore

February 22, 2012 - 新加坡

Home buyers and investors in Singapore expect new government measures to lower the cost of property in the next six months.

The Additional Buyer's Stamp Duty (ABSD) was highlighted as the main reason people believe property prices will decrease.

Jones Lang confident about Bangkok property market

February 21, 2012 - 曼谷

The property firm Jones Lang LaSalle Thailand is confident a property bubble remains impossible despite the oversupply of condominiums.

The managing director of Jones Lang LaSalle, Suphin Mechuchep, talked about the strength of the Thai property market at an Investment Expo in Bangkok.

"The Thai property market is active, particularly condominiums in inner Bangkok, despite domestic political problems and sluggish Western economies.

Housing prices up 10 percent in Kuching amid strong demand

February 21, 2012 - 沙捞越

Prices are rising, but demand is not slowing, say housing authorities in Sarawak, Malaysia. The state may attempt to stabilise prices through water and electricity contributions.

Housing prices have increased by 10 percent in the past year due to demand from consumers as well as higher construction materials costs.

Expat demand boost luxury housing market in the Philippines

February 10, 2012 - 菲律宾

Expat infiltration has created a mini property boom in the Philippines. According to a report from the real estate advisory firm CB Richard Ellis Philippines, luxury apartment sales have remained robust.

This constant demand bares no influence on the high prices because they are in constant demand from foreigners.

With an influx of foreign companies, in particular business outsourcing companies (BPOs) contributes to the amount of foreigners buying leasing property as these employees have to be housed.