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Posted on April 18, 2023

China’s Q1 property investment falls 5.8 y/y

China’s property investment fell 5.8% from a year earlier in the first three months of 2023, from a 5.7% decline in January-February, official data showed on Tuesday.

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Posted on April 18, 2023

Hong Kong Mansion Sells for $74 Million After Border Reopens

A new mansion in Hong Kong has sold for HK$577 million ($73.5 million) in a sign activity in the luxury property market is starting to pick up following the reopening of the city’s borders.

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Posted on April 18, 2023

Hong Kong police arrest 10, recover HK$4 million from online scams on 52 victims totalling HK$31 million

Suspects, aged between 19 and 60, detained on suspicion of money laundering and obtaining property by deception.

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Posted on April 18, 2023

Foxconn founder, seeking Taiwan presidency, has no plan to visit China

Terry Gou, the billionaire founder of major Apple Inc supplier Foxconn , has no plan for now to visit China, he said on Tuesday, in his bid to become the presidential nominee of Taiwan’s main …

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Posted on April 18, 2023

Swimming pool law damaging Cyprus property and tourism

Both tourism and the property market in Cyprus are being damaged by outdated and unworkable laws governing swimming pools, which have seen many complexes closing theirs over the last few years. The …

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Posted on April 18, 2023

Singapore real estate is soaring: Check YoY returns, rental income | Can Indians buy property in Singapore? DECODED

According to the data released by Singapore’s Urban Redevelopment Authority’s (SURA) rental index, Singapore’s residential property prices surged by a whopping 29.7 per cent year-on-year in the year …

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Posted on April 18, 2023

UAE property developer DAMAC to sell 3-yr Islamic bond Tuesday

Dubai-based real estate developer DAMAC plans to sell a benchmark-sized three-year Islamic bond, or sukuk, on Tuesday, a bank document showed, following a series of investor calls and meetings that …

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Posted on April 18, 2023

Dubai property prices to continue rallying in 2023 – Here’s why

Prices are likely to be remain high because about 80% of property sales in Dubai are cash based and so less impacted by interest rates, investors will continue to be drawn by attractive rental yields …

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Posted on April 18, 2023

Residential property close to Dubai metro outperforms market

CBRE concludes that properties located within a 15-minute walk of the metro experienced an average price growth of 26.7 per cent …

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Posted on April 18, 2023

Iconic DIFC Property Burj Daman Set For Drastic Price Increase, 40% Appreciation Forecast

Driven Properties, a leading real estate brokerage, has made a bold prediction that the prices of apartments in the prestigious Burj Daman buildi …

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