Luxury Real Estate Blog and News
While the number of construction projects in the real estate market is notably large, no bubble burst such as the one that occurred in 2007 is to be expected, SEB economic analyst Mihkel Nestor said.
Kuwait’s property market has been hit by the increase in the number of expatriates leaving the country, with several apartments now lying “vacant”, local daily Kuwait Times reported.
Around 1.9 million expats have left Saudi Arabia in the past two years, with their exit taking a toll on the country's real estate market, a recent report found.
Zhuhai has announced a tender process for what will be one of the largest hotel and exhibition centres near the Hong Kong-Zhuhai-Macau Bridge.
According to Citibank, Hong Kong residents predicting a drop in home prices doubled to 56 percent from 28 percent last quarter.