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Posted on February 21, 2023

HSBC CEO flags improvement in China property market outlook

SINGAPORE (Reuters) -HSBC Holdings PLC Group CEO Noel Quinn indicated on Tuesday that China’s commercial property sector was on the mend, after the bank booked higher-than-expected charges in the …

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Posted on February 21, 2023

Can The Maldives cure me? I went to find out

“The first dedicated wellness retreat in the Maldives,” they said. “Nonsense,” I said. Every Maldivian island and their dog has “well-something” splashed …

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Posted on February 21, 2023

Our View: House insists on trying to fool EU on VAT on properties

It is quite astonishing how the political parties are pretending not to understand the issue of reduced VAT on the purchase of a primary residence, which the government has been at pains to settle for …

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Posted on February 21, 2023

Seasonal workers evacuated from Shearwater property after inspection alleges ‘high risk to health and wellbeing’ of occupants

An inspection at a property accommodating seasonal workers in Tasmania’s north allegedly found a potential threat to life The workers are participating in a scheme which delivers jobs for Pacific and …

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Posted on February 21, 2023

Vancouver Housing Authority master lease agreement to add affordable housing

As housing costs in Clark County become increasingly unaffordable for many residents, the Vancouver Housing Authority is using an innovative way to put more below-market-rate housing on the ground.

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Posted on February 21, 2023

Is Singapore too expensive to live in? A look at cost of living in the country in 2023

Most expats rent a home in Singapore. Be warned — it’s not cheap. If you’re planning on renting, here are some factors for you to consider: What type of property do you want to live in — public or …

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Posted on February 21, 2023

UAE’s luxury homes capture the attention – but do not ignore mid-priced options

Whether on rental income or property values, mid-market could even outpace inflation … This is perhaps the most poignant preamble in beginning to describe the dynamics in the UAE real estate sector.

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Posted on February 21, 2023

Over half of Dubai property owners would sell their units this year, YouGov study shows

Survey commissioned by Metropolitan Homes also finds 90% would purchase another property in the Emirate after selling their existing one …

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Posted on February 21, 2023

Local realty company enters MoU to bring in more China investment

Locally-owned real estate firm Zillennium Group announced that it has entered into a “strategic partnership” with Yunan-based “Maocutong [China] Industrial Group” (“MCIG”) to bring in more Chinese …

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Posted on February 21, 2023

South Korea’s ‘jeonse’ rent-free renters hit by property downturn

A downturn in South Korea’s home prices is causing pain in the country’s unusual rent-free rental system that benefited landlords and tenants alike during a long surge in residential property prices.

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