Hong Kong leader John Lee’s potential plan to ease property taxes for non-residents is likely to stabilize the housing market without stimulating prices that are being stunted by rising interest rates …
Chinese Local Governments Buying Houses To Aid Property Sector
Some local governments in China are buying homes in bulk from developers or encouraging state-owned entities to do so in their latest efforts to prop up the real-estate market, the Securities Times …
UAE property: ‘Can a landlord serve an eviction notice before a lease expires?’
He sent me a notarised eviction notice to vacate the property within 12 months. As stated in your previous columns for The National, the 12 months’ notice to evict a tenant should be served upon …
North Korea says it practiced firing cruise missiles able to carry nuclear weapons
North Korean leader Kim Jong Un oversaw the launch of two long-range strategic cruise missiles, state media reported on Thursday, calling it a test to confirm the reliability and operation of …
South Korean household loans shrink sharply in Sept as rates rise
SEOUL -South Korean households’ loans from banks fell by the biggest amount in more than a year in September amid rising interest rates and an extended property market slowdown, further clouding the …
Arms Smuggling Gang Disbanded in NW Iran
The Islamic Revolution Guards Corps (IRGC) dismantled an arms trafficking gang in Iran’s northwestern province of West Azarbaijan with links to terrorist groups and foreign spy agencies.
Billionaire Andrew Tan Boosts $970 Million Spanish Property Portfolio With New Shopping Mall In Madrid
Andrew Tan is expanding his privately held real estate portfolio in Spain with the recent opening of the group’s first overseas shopping mall in Madrid.
Indonesia’s China-funded rail project on track despite cost overrun
A high-speed railway project in Indonesia, part of China’s Belt and Road Initiative, is on track for a 2023 launch despite ongoing negotiations between the two countries about the project being …
Mumbai: Real estate body mulls lucrative offers for women homebuyers in property expo beginning Thursday
The real estate body Confederation of Real Estate Developers’ Associations of India- Maharashtra Chamber of Housing Industry (CREDAI-MCHI), which has organised a four-day property exhibition at the …
China’s property market: The frequently asked questions
Here are some answers to crucial questions about the risks related to the Chinese property market. What caused the property slowdown? Between 2010 and 2020, China saw a strong property market, with …