A breakneck surge in residential rents hammered Singapore’s tenants with increases of about 21% in the first nine months of 2022 – and the pain looks set to continue this year.
Yemen rebels, Saudis in back-channel talks to maintain truce
Amid Yemen’s longest-ever pause in fighting — more than nine months — Saudi Arabia and its rival, the Iranian-backed Houthi rebels, have …
This CNY Video Perfectly Captures The Beauty Of Celebrating Chinese New Year In Malaysia
Only in Malaysia will you witness an open house with people from all walks of life. Follow us on Instagram , TikTok, and Telegram for the latest stories and breaking news. This Spotlight is sponsored …
Uzbekistan: Controversial Tashkent chief sacked, shamed, possibly detained
As gas shortages leave Tashkent residents freezing amid the harshest winter in 15 years, the city’s business-magnate mayor has been kicked out into the cold. President Shavkat Mirziyoyev had stood by …
This is where India’s super rich put their money – they love property more than western counterparts
India’s ultra-high net worth individuals love buying property as an investment and own 5 homes on average as compared to their western counterparts. Where else do they put their money?
India’s rising home prices, rentals a new inflation threat
Housing has turned sticky and is being watched closely for indications of second-order effects, a senior official aware of the Reserve Bank of India’s (RBI) thinking said. Urban housing inflation rose …
China’s economy grew 3% in 2022, weighed down by Covid rules and property slump
China reported GDP growth for 2022 that beat expectations as December retail sales came in far better than projected.
China’s 2022 property investment falls for first time since 1999
China’s property investment fell 10.0% year-on-year in 2022, the first decline since records began in 1999, compared with a decline of 9.8% in the first 11 months of the year, official data showed on …
China Bad-Debt Firms Plan Property Support of Up to $24 Billion
Chinese financial regulators and the nation’s biggest bad-debt management companies plan to offer as much as 160 billion yuan ($24 billion) of refinancing support to high-quality developers in the …
China property sector’s drag on economic growth in 2023 lower than 2022
The Chinese property sector’s drag on economic growth will be significantly lower than 2022, and demand for genuine and improved housing is huge, which will effectively support the industry, Kang Yi, …