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Aussie property boom causes rift between haves and have-nots

straitstimes.com

Aussie property boom causes rift between haves and have-nots

- Unlike the majority of Australians in their 20s, Mr Jeremy Iannuzzelli proudly lives in his own home despite soaring property prices. In fact, the 28-year-old accountant does not just own his three- bedroom house in south-west Sydney but also an eye-watering portfolio of 12 properties. The line-up, which comprises five in Sydney, two in Melbourne and five in the state of Queensland, is worth A$5 million (S$5

Categories: Real Estate | 
Places: Oceania |  Australasia |  Australia |  Asia |  Singapore | 

Ask the Law: Rent includes fees for using facilities on premises

gulfnews.com

Ask the Law: Rent includes fees for using facilities on premises

- I live in Dubai. A year ago, I rented a flat from one of the real estate offices. I signed a tenancy contract for a period of two years. When I signed my tenancy contract, the real estate office officials told me verbally that car parking and swimming pool are free of charge. However, this has not been mentioned in the tenancy contract

Categories: Real Estate | 
Tags: Buildings |  Tenants | 
Places: Asia |  Mideast |  United Arab Emirates | 

Here’s The Salary You Need To Earn To Afford These Homes In Singapore

sg.yahoo.com

Here’s The Salary You Need To Earn To Afford These Homes In Singapore

- Buying a home is one of the biggest and most important financial decisions we have to make in our lives. In addition to paying for a home that is within the top five to 10 most expensive real estate markets in the world, we will very likely have to take up a home loan that will stretch for the next 20 to 30 years of our lives

Categories: Real Estate | 
Tags: Real Estate Markets | 
Places: Asia |  S.E. Asia |  Mainland |  Singapore | 

Here's another sign Singapore's housing market is recovering

todayonline.com

Here's another sign Singapore's housing market is recovering

- SINGAPORE — Chalk up another sign Singapore’s housing market is recovering: Redevelopment deals are back. After slowing to a trickle the past three years as housing prices fell, four redevelopment deals - where a group of owners band together to sell entire apartment blocks at a hefty premium - have been struck already this year, with a combined value of S$1

Categories: Real Estate | 
Tags: Real Estate Markets | 
Places: Singapore |  Mainland |  S.E. Asia |  Asia | 

Top 3 reasons why Dubai residents complain about their neighbours

gulfnews.com

Top 3 reasons why Dubai residents complain about their neighbours

- Dubai: Hundreds of Dubai residents are ringing up Dubai Municipality with complaints against their neighbours, an official said on Wednesday There has been an increase in the number of reports and complaints received from home owners affected by their neighbours. Complaints against bachelors living in residential areas topped the list, followed by reports of neighbours raising animals at homes and planting Damas trees, Ibrahim Al Dashti, Head of Municipality Call Center said in a press release

Categories: Real Estate | 
Places: United Arab Emirates |  Mideast |  Asia | 

Rabri Devi Wants Domestic Goddesses For Minister-Sons (Mall-ing Not Ok)

ndtv.com

Rabri Devi Wants Domestic Goddesses For Minister-Sons (Mall-ing Not Ok)

- Patna: Highlights Sons' brides should not frequent malls: Rabri Devi Her two sons are ministers in Bihar government They own plot of land that was being developed as mall Rabri Devi is looking for wives for her two sons who are ministers in Bihar. Mall-going women will not be considered. Curious since the sons in question own a two-acre plot of land on the outskirt of Patna that was being developed as Bihar's largest mall till the centre last month stopped construction because of reported violations of environmental laws

Categories: Family & Parenting |  Real Estate | 
Tags: Sons |  Family |  Shopping Malls |  Buildings | 
Places: Bihar |  East |  India |  S. Asia |  Asia | 

PropNex merges with Dennis Wee Group to become Singapore's largest property agency

channelnewsasia.com

PropNex merges with Dennis Wee Group to become Singapore's largest property agency

- SINGAPORE: Property agency PropNex Realty on Monday (Jun 12) announced its merger with Dennis Wee Group (DWG), making it the largest property agency in Singapore. DWG's 1,071 agents will be transferred to PropNex, which currently has 5,855 agents - giving the entity a combined 6,926 agents. The transition is expected to be completed by end-July. DWG said on Monday it is confident that the majority of its agents will cross over, and it is currently in the process of signing over agents to PropNex

Categories: Real Estate | 
Places: Singapore |  Mainland |  S.E. Asia |  Asia | 

Chinese developer submits top bid for landed housing site in Hougang

todayonline.com

Chinese developer submits top bid for landed housing site in Hougang

- SINGAPORE — A landed housing site in Hougang attracted keen interest by the close of tender yesterday, with the top bid coming from a group led by a Chinese developer amounting to S$75.8 million, Urban Redevelopment Authority data showed. The 99-year leasehold site, released from the Confirmed List of the 1st half 2017 Government Land Sales (GLS) programme, sits on about 144,221 sqf that can be developed into about 50 homes

Categories: Real Estate | 
Tags: Land | 
Places: Asia |  S.E. Asia |  Mainland |  Singapore |  North-East Region |  Hougang | 

Chinese money lifts Singapore housing market sentiment

todayonline.com

Chinese money lifts Singapore housing market sentiment

- SINGAPORE — Chinese developers ploughed over US$5.1 billion (S$7.1 billion) into the Asia-Pacific residential market in the first three months of this year, a report from property consultancy Knight Frank showed yesterday. In Singapore, the wealthy Chinese builders have set records for residential land prices, both in Government Land Sales (GLS) tenders and in the collective sale market, helping to boost sentiment in the housing sector but squeezing the profit margins of local builders

Categories: Business |  Real Estate | 
Tags: Markets |  Real Estate Markets | 
Places: Asia |  S.E. Asia |  Mainland |  Singapore | 

Hired three contract killers to do job: Police on Man held for orchestrating murders of property dealer, his wife and 4 kids over Rs 2 crore land

indianexpress.com

Hired three contract killers to do job: Police on Man held for orchestrating murders of property dealer, his wife and 4 kids over Rs 2 crore land

- A 27-year-old man has been arrested for allegedly orchestrating the murders of a 45-year-old property dealer and his entire family so that he could take over the victim’s property and assets worth Rs 2 crore. Police said the accused, Sahib Khan alias Bunty, hired “three contract killers” to commit the crime. While the victim, Munawwar Hassan, was shot dead in his house on May 20, his wife and two daughters were killed on April 20 in Meerut and his sons were killed on April 23

Categories: Society & Culture |  Real Estate |  Law & Crime | 
Places: Asia |  S. Asia |  India | 

Malaysians turn to Australia’s booming property market

thesundaily.my

Malaysians turn to Australia’s booming property market

- PETALING JAYA: Local funds and developers are turning to the Australian commercial property market to ride on the boom Down Under and cushion the earnings fallout from the depressed local property market. The move by Malaysian investors were also due to property overhang, demand drop and moderating rental yields for commercial properties in the country. They are said to be pouring in billions in Australia's property development and snapping up projects in the last two years

Categories: Real Estate | 
Places: Oceania |  Australasia |  Australia |  Asia |  S.E. Asia |  Malaysia |  Malay States |  Central |  Selangor |  Petaling |  PJ | 

Mumbai only city in country to see luxury home prices up: Report

indianexpress.com

Mumbai only city in country to see luxury home prices up: Report

- Luxury home prices in Mumbai witnessed 1.1 per cent growth in the first quarter of 2017, making it the only city in the country that saw an increase in the luxury category, global property consultant Knight Frank said in a report. Mumbai ranked 24th among 41 global cities in the Knight Frank Prime Global Cities Index survey. Prices of luxury homes in Delhi and Bengaluru, the other two Indian cities on the global list, saw negative growth of -2

Categories: Real Estate | 
Places: Asia |  S. Asia |  India |  Western |  Maharashtra |  Konkan |  Mumbai | 

Fire safety team finds shortcomings at DC office building in Chandigarh

indianexpress.com

Fire safety team finds shortcomings at DC office building in Chandigarh

- Following the directions by UT Adviser to the fire department to conduct an inspection, the team Wednesday found shortcomings at the DC office building in Sector 17 that houses offices of UT Deputy Commissioner, Additional Deputy Commissioner and other senior officers. The inspection is being conducted to check whether fire safety is as per the norms suggested in the National Building Code

Categories: Society & Culture |  Real Estate | 
Places: Asia |  S. Asia |  India |  North |  Chandigarh | 

Manesar land deal scam: CBI questions former Hrayana CM Bhupinder Singh Hooda

dnaindia.com

Manesar land deal scam: CBI questions former Hrayana CM Bhupinder Singh Hooda

- Former Haryana Cheif Minister Bhupinder Singh Hooda was questioned by the CBI. The CBI on Monday questioned former Haryana chief minister Bhupinder Singh Hooda in connection with Manesar land deal scam. A CBI spokesperson said that he was being questioned. Hooda was recently quizzed by the agency in connection with alleged irregularities in the allotment of industrial plots in Panchkula. The agency had registered the case in September 2015 on allegations that private builders in conspiracy with unknown public servants of the Haryana government had purchased around 400 acres of land from farmers and land owners of village Manesar, Naurangpur and Gurgaon at throwaway prices

Categories: Real Estate | 
Tags: Land | 
Places: Asia |  S. Asia |  India |  North |  Chandigarh |  Haryana | 

New cap on tenants for private homes, deadline looms for agents, landlords to ink deals

straitstimes.com

New cap on tenants for private homes, deadline looms for agents, landlords to ink deals

- When she moved out of her family home last year, Ms Yvette Lim, 34, thought she could eventually sublet her old bedroom to help her family pay the rent. With a floor area of 4,500 sq ft, her spacious Choa Chu Kang house, where six of her family members now live, could easily accommodate a few more tenants, she calculated. But her plans have been dashed

Categories: Real Estate | 
Tags: Buildings |  Tenants | 
Places: Asia |  S.E. Asia |  Mainland |  Singapore | 

Release of land paves way for high-tech farming

straitstimes.com

Release of land paves way for high-tech farming

- For the last 20 years, Mr Alan Toh has been diligently tending to his vegetable farm in Lim Chu Kang because he believes Singaporeans deserve fresh and quality local produce. But Mr Toh's Yili Vegetation will not be taking part when 12 new plots of farmland meant for leafy vegetable cultivation come up for bidding in August. Although his present lease ends in 2019, the 53-year-old said he cannot adopt high-tech farming methods, such as hydroponics or vertical farming

Categories: Real Estate | 
Tags: Land | 
Places: Asia |  S.E. Asia |  Mainland |  Singapore | 

Latest Stories

Home / Asia / Real Estate

Real Estate - Asia

  • Aussie property boom causes rift between haves and have-nots
    Aussie property boom causes rift between haves and have-nots

    , straitstimes.com

    Unlike the majority of Australians in their 20s, Mr Jeremy Iannuzzelli proudly lives in his own home despite soaring property prices. In fact, the 28-year-old accountant does not just own his three- bedroom house in south-west Sydney but also an eye-watering portfolio of 12 properties. The line-up, which comprises five in Sydney, two in Melbourne and five in the state of Queensland, is worth A$5 million (S$5

     

    Categories: Real Estate | 
    Places: Oceania |  Australasia |  Australia |  Asia |  Singapore | 

Residential

Property Markets

  • Aussie property boom causes rift between haves and have-nots
    Aussie property boom causes rift between haves and have-nots

    , straitstimes.com

    Unlike the majority of Australians in their 20s, Mr Jeremy Iannuzzelli proudly lives in his own home despite soaring property prices. In fact, the 28-year-old accountant does not just own his three- bedroom house in south-west Sydney but also an eye-watering portfolio of 12 properties. The line-up, which comprises five in Sydney, two in Melbourne and five in the state of Queensland, is worth A$5 million (S$5

     

    Categories: Real Estate | 
    Places: Oceania |  Australasia |  Australia |  Asia |  Singapore | 

Land

  • Chinese developer submits top bid for landed housing site in Hougang
    Chinese developer submits top bid for landed housing site in Hougang

    , todayonline.com

    SINGAPORE — A landed housing site in Hougang attracted keen interest by the close of tender yesterday, with the top bid coming from a group led by a Chinese developer amounting to S$75.8 million, Urban Redevelopment Authority data showed. The 99-year leasehold site, released from the Confirmed List of the 1st half 2017 Government Land Sales (GLS) programme, sits on about 144,221 sqf that can be developed into about 50 homes

     

    Categories: Real Estate | 
    Tags: Land | 
    Places: Asia |  S.E. Asia |  Mainland |  Singapore |  North-East Region |  Hougang | 

Residential Buildings

Housing

  • 2 new public housing projects to be built in Toa Payoh
    2 new public housing projects to be built in Toa Payoh

    , channelnewsasia.com

    SINGAPORE: Two new public housing projects will be built at Caldecott and Toa Payoh East in the next five to 10 years, announced the Housing and Development Board (HDB) on Saturday (Apr 22). The two projects could yield a few thousand units, said HDB. The Caldecott housing estate, which will be about 10 hectares, will be located next to Caldecott MRT station - along the Circle Line and the future Thomson-East Coast Line - and close to the Toa Payoh West Market and Food Centre

     

    Categories: Real Estate | 
    Tags: Housing |  Housing projects | 
    Places: Asia |  S.E. Asia |  Mainland |  Singapore |  Toa Payoh | 

Buildings

  • Majid Al Futtaim to build new mall in Ras Al Khaimah
    Majid Al Futtaim to build new mall in Ras Al Khaimah

    , gulfnews.com

    Dubai: The developer of Dubai’s Mall of the Emirates will be expanding its footprint in the UAE with the construction of a new mall in Ras Al Khaimah this month. Majid Al Futtaim, which has 21 shopping malls and three hotels in its portfolio, announced on Sunday its new community mall project that is expected to cost Dh68.5 million. The new shopping complex will have 5,494 square metres of gross leasable area, including a 1,178 Carrefour market, and will be home to 30 retail stores

     

    Categories: Real Estate |  Business | 
    Places: United Arab Emirates |  Mideast |  Asia | 

Commercial

  • Majid Al Futtaim to build new mall in Ras Al Khaimah
    Majid Al Futtaim to build new mall in Ras Al Khaimah

    , gulfnews.com

    Dubai: The developer of Dubai’s Mall of the Emirates will be expanding its footprint in the UAE with the construction of a new mall in Ras Al Khaimah this month. Majid Al Futtaim, which has 21 shopping malls and three hotels in its portfolio, announced on Sunday its new community mall project that is expected to cost Dh68.5 million. The new shopping complex will have 5,494 square metres of gross leasable area, including a 1,178 Carrefour market, and will be home to 30 retail stores

     

    Categories: Real Estate |  Business | 
    Places: United Arab Emirates |  Mideast |  Asia |