According to a new report by global real estate consultant Knight Frank, with capital growth in most prime residential markets around the world shrinking in 2019, the global economic landscape looks markedly different from that a year ago. In 2018, economists predicted ‘the new normal’ – that of higher interest
The average annual price appreciation for all 150 cities tracked by the latest Global Residential Cities Index was 4.3 percent According to international property consultant Knight Frank’s latest Global Residential Cities Index, Manila leads the annual world rankings for the second consecutive quarter with price growth of 22% in the
Singapore property consultant Edmund Tie is reporting this week that despite a global COVID-19 outbreak, ample liquidity and a low-interest environment during the Coronavirus outbreak has continued to support investments in the commercial property sector in Q2 2020. Singapore’s Investment Sales With investors adopting a wait-and-see stance, compounded with no
Hong Kong homes prices dipped in April, with analysts predicting the market to come under renewed pressure from Beijing’s controversial plan to impose a security law tailor-made for the recession-hit city. The index for used homes fell 0.13%, according to data released by the Rating and Valuation Department on Friday.
The impact of coronavirus pandemic on the real estate sector in the Asia Pacific was felt deeper in the second quarter this year than in the previous quarter. That contributed to as much as 32 percent year-on-year decline in the first half in real estate investment. The industry is evolving
Thai developers want to see Baan Dee Mee Down and other incentives extended until the end of the year as the country starts to recover from the COVID-19 pandemic. The program was part of the government’s property stimulus package that launched late last year. Baan Dee Mee Down provided registered
As homeowners rethink their surroundings and rush to relocate, companies are offering creative ways to help ease a fraught process. Dan Feder, a graphic designer, and his husband, Don Bacigalupi, a museum director, have lived in the Hancock Park neighborhood of Los Angeles for two years. But they started looking
Digital tech has had a transformative effect on myriad industries, and real estate is one area in which the emergence of modern software solutions has allowed for some significant improvements for businesses and their clients alike. To demonstrate just how impactful the current era has been, here is a look
One of the troubling aspects of the coronavirus shutdowns has been that the pandemic has pulled back the curtain on the haves and have-nots. The crisis is testing resilience across all sectors of the economy, including the housing market. White-collar professionals with job security, the ability to work from home
Several countries in Southeast Asia made notable improvements when it came to real estate transparency, according to a recent JLL report. The Global Real Estate Transparency Index 2020, a biannual research project from the consultancy, found that many countries in the region made significant progress over the past two years.
