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Category: PROPERTY

Posted on January 28, 2025

Dubai rent hikes to slow down in 2025 as property market set for record supply

The Dubai real estate market is expected to stabilise in 2025, with rent increases slowing down. Industry executives attribute this to an abundant supply of new properties and the implementation of …

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Posted on January 28, 2025

Russian government delegation makes first official visit to Syria since Assad’s fall

It is the first such delegation to visit Syria since the fall of former President Bashar Assad, an ally of Moscow, in December in a lightning rebel offensive. Assad took refuge in Russia after his …

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Posted on January 28, 2025

Malaysia’s Crescendo sells more land in Johor to Microsoft

Malaysian property development firm Crescendo Corporation has sold land in Johor to Microsoft. In a Bursa stock exchange announcement this week, Crescendo said its Paranoramic Industrial Development …

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Posted on January 28, 2025

IJM Land and Astro present ‘Love’s in the Air Share Feng Nian’ for Chap Goh Mei 2025

Ushering in the Year of the Snake, Malaysia’s leading property developer, IJM Land Berhad, is set to bring Seremban to life with its much-anticipated annual Chap Goh Mei celebration. Scheduled for 15 …

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Posted on January 28, 2025

Govt plans big tax reductions on property transactions

The government is considering significant tax cuts on property transactions, including reductions for high-value properties and advance tax for filers. Learn how these changes aim to boost the real …

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Posted on January 28, 2025

China Vanke’s Hong Kong shares climb after reshuffle of top management

Property developer China Vanke’s Hong Kong shares firmed on Tuesday following a change of top management that reinforced government support for the company to contain its liquidity risks. State-backed …

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Posted on January 28, 2025

Hong Kong’s Property Distress Is Catching Up With City’s Banks

Distressed property sales in Hong Kong are beginning to bite banks that used to be well protected against loan losses. Most Read from BloombergWhat Happened to Hanging Out on the Street?Vienna …

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Posted on January 28, 2025

Another Chinese Builder Is Facing a Cash Crisis

China Vanke, one of the country’s largest developers, cleared out its top executives and said it anticipates a $6.2 billion loss, a sign the property meltdown is still raging.

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Posted on January 28, 2025

Kyrgyzstan’s President Japarov demotes liberal democracy in favour of a “traditionalist” ideology

Kyrgyzstan’s Democracy Score, calculated by Freedom House, fell from 1.68 to 1.64 in 2024, reflecting the suppression of civil society, independent media, and judicial independence under Japarov …

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Posted on January 28, 2025

Dubai real estate: DLD opens freehold property conversion for Sheikh Zayed Road, Al Jaddaf – everything you need to know

Dubai’s freehold conversion of properties on Sheikh Zayed Road and Al Jaddaf is set to boost investment and attract global buyers – but what does this mean for owners and residents?

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