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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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Posted on February 21, 2023

Korea Household Lending Drops for First Time Ever as Rates Climb

South Korea’s lending to households fell for the first time on record, highlighting the impact of the central bank’s 18-month tightening cycle that is also weighing on the nation’s property market.

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Posted on February 21, 2023

Iran to announce reciprocal sanctions in response to EU bans

Following her death, rioters went on a rampage, brutally attacking security officers and causing massive damage to public property. Dozens of people and security personnel were killed in the riots. On …

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Posted on February 21, 2023

Sri Lankan Prosecuted In Vietnam Over Property Theft

A Sri Lankan has been prosecuted in Vietnam on charges of property theft. The Hanoi People’s Procuracy prosecuted the …

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Posted on February 21, 2023

Property market is on the mend, likely to buck global headwinds

POSITIVE SIGNS Improving real estate prices and declining jobless rate bode well for the local property industry. —Graphics from Cushman & Wakefield  . Office vacancy rates across …

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Posted on February 21, 2023

Tears and photos as Japan sends giant panda ‘home’ to China

TOKYO, Feb 21 (Reuters) – With tears, waves and shouts of farewell from fans, a Japan-born giant panda set off for China … South Korea’s ‘jeonse’ rent-free renters hit by property downturn, article …

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Posted on February 21, 2023

These Japanese architects are now working on a Gurgaon residential project

They are better known for their stellar design of The Tokyo Sky Tree. Japanese design firm Nikken Sekkei is now working on the design, architecture, and interiors of Waterfall Residencies, a …

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