Property prices in Dubai will rise this year and next at a slower pace than previously thought as higher mortgage rates and the cost of living crisis will reduce foreign demand, a Reuters poll of …
Saudi’s PIF launches real estate registration services company to bolster digitisation
The company aims to build a comprehensive real estate registration database covering data of property units across the kingdom.
Saudi Public Investment fund to develop real-estate digital platform
The National Real Estate Registration Services Company will also work to improve the quality of services and access for beneficiaries by developing procedures and mechanisms for registration.. Saudi …
Historic Yangon villa where Aung San Suu Kyi was held for 15 years under threat
Ousted leader’s estranged brother has won a court case allowing villa, considered a symbol of democracy in Myanmar, to be sold …
Is Turkey a sanction evasion haven for Russia?
Although Turkey in the past six months has tried to present itself as an honest and neutral power broker that mediates between Russia and Ukraine – and actually …
China pledges $43.5m in aid to Pakistan
China will provide another 300 million yuan ($43.5 million) of emergency supplies to Pakistan to help the latter tackle devastating floods. Luo Zhaohui, chairman of the China International Development …
Youngsters set to take over Indonesian housing market
JAKARTA: Amid ongoing recovery in the domestic-property industry, younger generations are expected to take over the majority of the housing-market share; but reduced buying power means government …
Why Japanese developers are key players in Indonesia’s residential market
They are responsible for 5% of the condo units in Greater Jakarta. Foreign investors are drawn to the business opportunities available in Indonesia because of the country’s socioeconomic profile.
Rate hikes unlikely to dent housing demand in India, Bengaluru to lead price rises: Reuters poll
Relatively late compared with other central banks in raising interest rates, the RBI has raised the repo rate from a pandemic-era record low 4.00% to 5.40% over the last four months. It is expected to …
China’s 2022 property sector outlook worsens, home prices seen falling
Woes in China’s residential property market are expected to deepen this year as homebuyers remain cautious, with economists now expecting home prices to fall in 2022 and betting on a faster drop in …