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Posted on November 10, 2022

UAE Golden Visa reforms will drive Dubai real estate sector and holiday home growth

As the UAE continues to make it easier to live and work in the country through the Golden Visa programme, the real estate sector is set to benefit UAE Golden Visa reforms will drive Dubai real estate …

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Posted on November 10, 2022

DAMAC Properties launching Elegance Tower Downtown Dubai, branded by Zuhair Murad

With its prime location in the heart of the bustling downtown area the building offers the best views of the city …

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Posted on November 10, 2022

Ex-UK HC to SL, Gladstone, 87, in legal wrangle over property inherited from late wife

One-time British High Commissioner to Sri Lanka (1987-1991) David Gladstone, 87, has moved the High Court of UK to regain Wotton House, in Buckinghamshire, a Grade 1 listed mansion worth 15 mn pounds, …

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Posted on November 10, 2022

People run out of houses in panic after tremors of Nepal quake jolt Uttarakhand

PITHORAGARH/DEHRADUN: People ran out of their houses in panic at several places in Uttarakhand after a 6.3-magnitude earthquake, with its epicentre in neighbouring Nepal, hit the lower Himalayan …

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Posted on November 10, 2022

Korea Unveils $7 Billion in Financing for Property Market

South Korea rolled out fresh measures to help its struggling real estate market, after a decline in home prices worsened recently.

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Posted on November 10, 2022

Top Vietnam property developer faces cash crunch

HANOI: Vietnam’s second biggest listed developer, No Va Land, is firing staff and seeking urgent asset sales, company and industry sources say.

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Posted on November 10, 2022

UPDATE 2-Vietnam’s second-biggest property developer faces cash crunch -sources

Vietnam’s second-biggest listed developer, No Va Land, is firing staff and seeking urgent asset sales, company and industry sources said, as it struggles to pay creditors in the latest sign of …

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Posted on November 10, 2022

Vietnam property market faces downturn risks

Vietnam’s real estate market is at risk of a severe downturn that could be a drag on the economy as some property companies face a loss of liquidity and have to take “painful measures” to survive, …

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Posted on November 10, 2022

Property market could see a recession next year: realtor

With the way liquidity has been plunging in Vietnam’s property market, it could experience a recession next year, says Le Hoang Chau, chairman of the Ho Chi Minh City Real Estate Association (HoREA).

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Posted on November 10, 2022

Vietnam’s builder No Va Land faces cash crunch: Sources

The distress signals come amid turmoil in Vietnam’s property and credit market, heightened by the arrests of bosses of suspected of wrongdoing and a rapid fall in the value of the dong currency, after …

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