Prime Minister Shehbaz Sharif spoke today with his Myanmar counterpart Senior General Min Aung Hlaing and conveyed deepest condolences over the loss of precious lives and property due to the …
Thailand passes quake stress test, but property and investor cracks show
BANGKOK] Thailand’s capital may have dodged large-scale damage from Friday’s (Mar 28) Myanmar earthquake, but the collapse of a 30-storey building under construction – killing at least 18 people – …
India’s real estate investment surges 88% YoY in APAC region
V. Nagarajan Real estate investments in the Asia Pacific market increased 12 per cent year-on-year to reach $155.9 billion in 2024, according to …
China’s New Home Sales Fall as Sluggish Demand Weighs on Market
China’s residential sales fell again in March, suggesting the recovery in the property sector remains frail. The value of new home sales from the 100 largest property companies declined 11% to 318 …
China property giant Vanke reports annual loss of $6.8 bn
Debt-laden Chinese property giant Vanke reported annual losses of 49.5 billion yuan ($6.8 billion) on Monday, citing falling sales and shrinking profit margins despite Beijing’s attempts to revive the …
Healthier property sector key to boosting growth
Potential homebuyers look at a property model in Taiyuan, Shanxi province. WEI LIANG/CHINA NEWS SERVICE This year’s Government Work Report, for the first time, proposed stabilizing the real estate …
Angang Steel 2024 Net Loss More Than Doubles; Weighed by China’s Property Crisis
Angang Steel, the listed arm of China’s second-biggest steelmaker, saw its 2024 net loss more than double as the company navigated China’s property crisis and ongoing uncertainties surrounding U.S.
There is a gap in new legislation regarding buffer zone property
The amendment to the legislation that took place on February 24 (Law 9(I)/2024) no longer allows the sale of immovable property located in areas not controlled by the Republic of Cyprus of a judgment …
Lao PM expresses condolences over earthquake in Myanmar
Lao Prime Minister Sonexay Siphandone extended condolences to Myanmar’s State Administration Council Chairman Senior …
Standing tall: UAE developers aiming to make billions in sales from skyscrapers
Demand for homes in super tall towers being built in the UAE continues to increase, with developers expecting billions of dirhams in sales from a property boom in the Emirates. Dubai is already home …