Oman unveils Musstir Heights, a OR300m ($779m) luxury mountain destination in Al Jabal Al Akhdar with more than 750 villas …
South Korea’s punitive real estate tax faces reform calls
A call to reform South Korea’s real estate tax system from a “punitive system” to a “fair system” emerged on the 11th. Critics argue that the current system, which operates a progressive national real …
Kuwait targets gold and property fraud
The issue has become even more important after international money laundering watchdog the Financial Action Task Force put Kuwait on its “grey list” in February, alongside the …
Dubai developer Emaar posts rise in quarterly profit
Developer said some impact has been observed during the Middle East conflict in hospitality and certain entertainment businesses.
Japan’s 9 Million Abandoned Homes Are Turning into an Economic Crisis
Across Japan’s shrinking rural towns and aging suburban districts, abandoned homes are quietly reshaping the country’s property market, forcing policymakers, banks, developers, and local governments …
China’s bond market faces climbing re-defaults as property crisis drags on
Re-defaults erode credit differentiation as homebuyer confidence weakens under slow income growth and high leverage, analysts warn.
Oman unveils OMR 300M Musstir Heights project in Jabal Akhdar
The Sultanate of Oman has announced the “Musstir Heights” project, a landmark OMR 300 million development to be established in Jabal Akhdar within the Al Dakhiliyah Governorate, unveiled during the …
Dubai property market ‘shows signs of stabilisation’
Dubai’s property market is showing early signs of stabilisation approximately 67 days into the regional conflict, according to betterhomes’ latest monthly market webinar held on Thursday (May 7).
Cambodian Microfinance Loans Based on Rising Land Prices Point to Further NPL Increase
Over-optimistic assumptions about the transformative impact of microfinance loans on the incomes of borrowers have been a consistent feature of the industry for years. Over-valuation of the assets …
People Power Party urges reform of South Korea’s punitive real estate tax
A call to replace South Korea’s current “punitive tax system” with a “fair tax system” emerged on the 11th. The argument emphasizes the need to reform the existing system, which uniquely operates a …