The US war on Iran has caused real estate prices to crash in Dubai. Between April and May, the volume of property sales in Dubai fell by 19%, following a 4% drop between March and April. The value of …
US-Iran peace deal: What it means for India’s real estate sector, construction costs and NRI demand
While the US-Iran peace deal and lower oil prices may ease cost pressures for real estate developers, the benefits are unlikely to be immediate, say experts …
Why $94,000 homes remain unsold in Malaysia
The rising property overhang is no longer simply a question of headline affordability. Read more at straitstimes.com. Read more at straitstimes.com.
What Does a 5.75% BI Rate Mean for Indonesia’s Property Market?
Bank Indonesia has raised the BI Rate to 5.75 percent since last May. What is the impact on commercial property?
Property inherited from parents: Check if you need to pay taxes on it
Inheriting property in India comes without inheritance tax, but beware of future taxation responsibilities. Local municipal bodies will impose an annual property tax. If you choose to rent out your …
Hong Kong’s commercial property slump enters new phase as lenders take tougher stance
Banks are prioritising loss control over loan extensions, forcing some owners to sell assets, restructure debt or surrender control.
Hong Kong home sales cool off over Dragon Boat holiday ahead of new projects
Three-day holiday weekend and rising prices following a strong May performance are cited as factors leading to sales cooling off in June.
Inside Michael Jordan’s $29 Million Property Portfolio
Michael Jordan may have retired from the NBA more than 20 years ago, but his empire is still putting up championship numbers. The Chicago Bulls icon spent the ’80s and ’90s collecting six titles, five …
Editorial: Cuba shows why North Korea sanctions must stay
Cuba has embarked on the most sweeping reforms and openings since its 1959 communist revolution. The parliament unanimously approved a reform package comprising 176 measures to overhaul the economic …
Dubai property prices show signs of shifting buyer sentiment
While March reflected the market’s immediate reaction, April and May showed greater consistency, giving the industry its clearest month-on-month read so far …