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  • UK house-building hits post-financial crisis high
    〔REUTERS〕Britain built the largest number of new homes since the global financial crisis during the year to the end of March, annual figures showed on Tuesday, as the economy picked up and the government took steps to tackle Britain's housing shortage. A net 189,650 new homes were created in the 12 months to March 2016, up 11 percent from the same period in a year earlier and the highest since 223,530 extra dwellings were created in the 12 months to the end of March 2008. The official figures show the bulk of new housing came from the construction of 163,940 new homes, but a record 30,600 dwellings were converted from existing buildings such as office space following a relaxation of strict planning rules. .....詳全文
  • European Property Investors Look Beyond London
    “London can still offer long-term value,” says Richard Gwilliam, head of property research at London-based M&G Real Estate. But many investors are looking elsewhere, including other U.K. cities like Birmingham or Manchester, or other countries that were slower to recover from the 2008 financial crisis and the subsequent euro crisis, he says. For instance, Spain and Portugal were among the countries that suffered the most during the euro crisis, Mr. Gwilliam says. But now, with rents rising and their economies doing better, there are more solid opportunities in Madrid, Barcelona and Lisbon, he says. “There’s a rebound element to it.” .....詳全文
  • Want a Green Card? Invest in Real Estate
    〔The New York Times〕 Through a federal visa program known as EB-5, foreigners, more than 80 percent of them from China, are investing billions of dollars in hotels, condominiums, office towers and public/private works in the hope it will result in green cards. Twelve-hundred foreigners have poured $600 million into projects at Hudson Yards; 1,154 have invested $577 million in Pacific Park Brooklyn, the development formerly known as Atlantic Yards; and 500 have put $250 million into the Four Seasons hotel and condominium in the financial district. The list of projects involving EB-5 investments also includes the International Gem Tower on West 47th Street and the New York Wheel on Staten Island. .....詳全文
  • Vancouver home prices to fall as much as 20 per cent: bank
    〔Global News〕Canada’s National Bank is predicting home prices in Vancouver will fall as much as 20 per cent in the next year. In a report issued Friday, the financial institution reported Vancouver’s curious housing market will see an “imminent pullback” as the number of home sales continue to fall. .....詳全文
  • KSL to start construction of second mall by end 2015
    KUALA LUMPUR (June 23): Johor-based property developer KSL Holdings Bhd ( Financial Dashboard) plans to start the construction of KSL City Mall 2, expected to be one of the largest shopping malls in Klang, by the end of 2015. .....詳全文
  • Paramount Corp Eyes RM400 Million Property Sales In FY15 - See more at: http://www.iproperty.com.my/news/10314/paramount-corp-eyes-rm400-million-property-sales-in-fy15#sthash.jTrfTkNB.dpuf
    PETALING JAYA, June 3 -- Property and education group, Paramount Corp Bhd targets to achieve RM400 million sales from its property division in the financial year ending Dec 31, 2015 (FY15). .....詳全文
  • E&O’s 4Q profit doubles, proposes stock dividend
    KUALA LUMPUR (May 25): Eastern & Oriental Bhd’s net profit for its fourth quarter of its 2015 financial year has doubled to RM100.76 million from RM50.5 million in its previous corresponding quarter due to substantial divestment gains. Its revenue, however, declined nearly 38% to RM143.04 million from RM229.69 million a year ago. .....詳全文
  • MK Land net profit flat at RM15.69 million
    KUALA LUMPUR (May 25): MK Land Holdings Bhd saw its net profit remain flat at RM15.69 million in the third quarter of financial year 2015 ended March 31, 2015 (3QFY15) compared to RM15.68 million in the previous corresponding period as progress of construction in the property development segment were offset by higher loss from the leisure segment. .....詳全文
  • Tropicana’s earnings more than doubled to RM19.3 mil
    Maintain buy with an unchanged target price (TP) of RM1.95: In the first quarter of the financial year ending Dec 31, 2015 (1QFY15), Tropicana Corp Bhd’s core net more than doubled to RM19.3 million year-on-year (y-o-y) on the back of a 55% increase in revenue to RM390 million, as well as a small gain from the sale of land amounting to RM5.9 million. .....詳全文
  • MRCB targets RM910 mil sales this year
    KUALA LUMPUR (May 12): Malaysian Resources Corporation Bhd (MRCB) aims to secure RM910 million in sales from its 2015 launches worth RM1.3 billion in gross development value (GDV), according to a report in The Edge Financial Daily today. We are targeting to secure sales of about 70% to 80% of the total launches in 2015,” MRCB chief financial officer Ann Wan Tee was reported as saying yesterday. .....詳全文

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Real estate investors look to Southeast Asia
2017-01-11
〔THE CHINA POST〕 TAIPEI, Taiwan -- Facing a low-performing local real estate market, Taiwanese investors are reportedly putting their money abroad in up-and-coming development properties throughout Southeast Asia. Two large international real estate firms hosted separate press conferences on Tuesday to analyze the latest trend in real estate purchases. According to Executive Director David Chin (泰啟松) of Asia Pacific International Property, the firm, which specializes in real estate transactions in the Asia-Pacific region, made nearly NT$7.3 billion in sales.