In a move to stimulate the property market and encourage homeownership among low-income Indonesians, the government of Indonesia has announced a series of property tax incentives. Beginning November …
Indonesia announces plan to spur property market
The Indonesian government has announced a plan to boost the property market by covering the value-added tax (VAT) and the 4 million IDR (252 USD) administration fee for low-income home buyers.
India’s real estate market booms on NRI demand, Gulf expats lead investment surge
Industry players expect up to 30% jump in expat purchases in the last quarter of 2023, despite spike in home prices and no discount offers or freebies by developers …
China’s Property Crisis Is Haunting Its Economy. Here’s One Glimmer of Hope.
China’s retail sales—a proxy for consumption—and services were bright spots in the third quarter’s economic data.
Xi Jinping Is Looking for Someone to Blame for China’s Property Bust
With China’s property bust threatening to sink the country’s economic recovery, Xi Jinping is looking for someone to blame.After putting the billionaire founder of Evergrande, a heavily indebted property firm,
China’s troubled property giant Country Garden has reportedly defaulted on a bond payment
The world’s second largest economy is dealing with a real estate slump that has crippled massive developers like Country Garden and Evergrande.
U.S. and China commercial property markets face headwinds but UOB is optimistic on Southeast Asia
Commercial real estate markets in the U.S. and China are economic pain points to monitor in a higher-for-longer rate environment, said Singapore’s United Overseas Bank. But the bank remains optimistic about one key region, citing investment flows …
China’s expanded Reit programme to ease funding for commercial property landlords, widen choices for investors
The property sector is undergoing policy adjustments and the CSRC is loosening restrictions around the funding issue, according to Shen Meng, director at Beijing-based investment firm Chanson & Company.
Billion dollar money laundering case: Police seize cars worth S$4.8 million from property | Video
Singapore police seized four cars worth about S$4.8 million, including two Rolls-Royces and a Porsche, from a property along Third Avenue on Wednesday (Oct 25). This was part of the S$2.8 billion …
Laos Braces for Typhoon Koinu: A Tale of Preparation and Resilience
In the heart of Southeast Asia, the people of Laos are preparing for a potential onslaught of Typhoon Koinu. From October 9 to 15, the typhoon is expected to unleash rain, thunderstorms, and strong …