In an effort to stimulate the property market and provide financial relief to home buyers, the government has reintroduced the Home Ownership Campaign (HOC), featuring stamp duty exemptions as well as Real Property Gains Tax (RPGT) exemption. In announcing the short term economic recovery plan, PENJANA, Prime Minister Tan Sri
[SINGAPORE] In property-crazed Singapore, owning real estate isn’t always the high-yielding investment you might think. The rate of return for private apartments in the city-state has slipped since 2011, when measures to cool the market were introduced by the government. In fact, some units now have a lower yield than
House prices up 5.69% y-o-y in Q1 2020 Nationwide house prices rose by 5.69% in Q1 2020 from a year earlier, an improvement from the previous year’s 2.21% increase and the biggest growth since Q1 2018. House prices increased 3.13% q-o-q during the latest quarter. Demand and supply rising In
Despite 39 Percent Sales Dip from Coronavirus According to the Miami Association of Realtors, Miami-Dade County home prices increased year-over-year in 2Q 2020. Miami single-family home prices increased 5.6% year-over-year, from $360,000 to $380,000. Miami existing condo prices rose 6.2%, from $247,000 to $262,250. Median prices have now increased for
As Malaysia’s first international financial district and Kuala Lumpur’s future CBD, TRX will strengthen Kuala Lumpur’s position as a leading centre for international finance and business. The financial district’s masterplan combines sustainability, attractive public realm and great connectivity to create a world-class international urban ecosystem at the heart of Kuala
Early on in the pandemic, reports of the death of the office appeared greatly exaggerated. But as Covid-19 lingers, and second infection spikes dot the global map, something is changing in how employees and employers view the workplace: It’s being seen as an option rather than a necessity for many
he biggest stories concerned the Stage 4 Lockdown in Melbourne and how this would affect our property markets and the economy. The underlying trend in prices have continued to soften in the wake of the pandemic, across the major capital cities barring Adelaide where prices have been more resilient. Since Australia’s international
When the COVID-19 pandemic hit New York City in the middle of March, the housing market was put on a prolonged pause while much of Manhattan emptied out and shelter-in-place orders were in effect. Now, with the city returning to some sense of normalcy, there are signals that Manhattan’s housing market is
Residential sales will continue to drop significantly until the outbreak is contained According to global property consultant JLL’s latest Hong Kong Residential Market Monitor report released this week, residential sales are anticipated to fall sharply in the short run, as new projects slated for sales will likely be postponed when the third
International property consulting firm Knight Frank is reporting this week that it has been no ordinary summer for London’s property market. Prices continue to recover from the depths of the lockdown in April 2020, with increases recorded in areas with more family houses and outdoor space. In fact, the problem
