Rally on Azerbaijan’s Lachin-Khankandi road [close to the post of Russian peacekeepers temporarily stationed there] near Shusha continues despite the frosty weather, trend reports from the scene. The …
Stronger positive bias seen in domestic property market
Savills Malaysia sees the overall property market in the country “to be a direct extension of 2022” and that the bumpy ride will move into 2023 but with a stronger positive bias.
Pent-up demand will boost residential property sales in 2023
The demand for residential property remains resilient and the pent-up demand will result in improving sales in the first to the third quarter of 2023 in the segment, said property consultancy Savills …
Saudi Arabia’s Dar Al Arkan plans London listing for Dubai unit in Q1 2023
The news follows, Dar Al Arkan’s initial announcement in November 2022 about the developer exploring several strategic and capital markets options with regard to the international property development …
South Korea’s president promises to ease property curbs – newspaper
South Korean President Yoon Suk-yeol promised to keep easing restrictions on home buyers to achieve a soft landing of the property market, according to an interview with a major local newspaper …
Japan to offer families $11,000 per child to leave Tokyo
Japan’s shrinking and ageing population and the migration of younger people to the capital have disproportionately hit the regions beyond Tokyo, Osaka and a handful of other major cities.
Indonesia’s real house prices continue to fall
House prices were down by 3.48% during the year to Q3 2022. Indonesia’s housing market remains fragile, with the inflation-adjusted residential prices in the country’s 14 larg …
An outstanding year for India’s realty sector with bright prospects ahead
India’s real estate sector has been witnessing phenomenal growth since Q3 2021. The country’s booming real estate market offers endless investment opportunities, with a long-term growth trajectory …
Xi Jinping estimates China’s 2022 GDP grew at least 4.4%. But Covid misery looms
China’s economy grew at least 4.4% in 2022, according to leader Xi Jinping, a figure much stronger than many economists had expected. But the current Covid wave may hobble growth in the months ahead.
Hong Kong property expected to recover on China border reopening, finance chief says
Hong Kong Financial Secretary Paul Chan said he is optimistic about the city’s economic prospects for this year and expects the local real estate market to rebound after the China border reopens. Read …