Real Estate

Real Estate

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Vietnam Corporations Line Up To Start Business With North Korea When Sanctions Fall

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Companies from Vietnam are eager to be among the first to do business with and in North Korea should international sanctions be lifted, positioning...
Manila Tops Global Luxury Property Index

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The Philippine capital Manila surprisingly tops the new ranking of price appreciation of luxury property globally, compiled by international real estate company Knight Frank...
Cambodia Put Back On Global Money Laundering Watchlist

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Paris-based intergovernmental money-laundering watchdog Financial Action Task Force (FATF) has placed Cambodia back on its watchlist on February 22 because of concern it is...
Chinese Keen On Thai Property

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Chinese buyers and investors continue pouring their money into Thailand's property sector even as the country moves towards an uncertain national election in March. According...
Thailand’s Central Group To Invest $200 Million In Ride-hailing Service Grab

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Bangkok-based family conglomerate Central Group, which is active in retail, real estate, hospitality and restaurants and operates Thailand’s biggest shopping mall, plans to invest...
Hcmc, Hanoi, Manila, Bangkok Among World’s Most Dynamic Cities

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Vietnam’s Ho Chi Minh City and Hanoi appear prominently among the global Top 10 most dynamically growing cities in the new City Momentum Index...
Laos to get its first smart city

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The Laos government has plans to set up a smart and eco city in its northwestern Oudomxay province within the province’s Namor district and...
Vietnam overtook Singapore in IPO volume this year

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Vietnam in 2018 topped Southeast Asia’s top grossing market for initial public offerings (IPOs) with total proceeds of $2.6 billion. Singapore, who lost its crown...
Foreign direct investment into Malaysia increased 350% in past three quarters

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Malaysia’s foreign direct investments (FDI) volume increased to 49 billion ringgit ($11.72 billion) for the first nine months of this year compared with the...
Singapore invests in “smart urban estates”

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Singapore is driving the development of smart districts and smart urban estates which will be enabled to operate and consume energy more efficiently. To...
Myanmar presents plan to attract over $200 billion in foreign investment

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The Myanmar Investment Commission (MIC) came up with an ambitious business plan that includes a major investment promotion strategy aiming to attract more than...
Singapore cracks down on “shoe box”-sized apartments

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Singapore’s Urban Redevelopment Authority (URA) on October 18 announced an upcoming regulatory change for the city state’s property developers, mandating that the average size...
Thailand’s central bank seeks to prevent property bubble

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The Bank of Thailand imposed an 80-per cent loan-to-value limit on mortgages for homes worth more than ten million baht and for all second...
Malaysia halts property developments exclusively for foreigners

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The Malaysian government will no longer allow property developments and new townships solely aimed at foreign buyers in a bid to reduce “mindless foreign...
Singapore residential property sales drop 64% in August

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Residential property sales in Singapore shrank by 64 per cent in August to the lowest point in six months as government cooling measures took...
Malaysia expects to write off up to 70% of 1MDB losses

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Malaysia’s finance minister Lim Guan Eng said that authorities have reason to believe that up to 70 per cent of the misappropriated money from...
Chinese to build $1.2-billion “vacation town” in Cambodia from scratch

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Chinese developer Tianjin Union Development Group has unveiled plans for yet another project called “Tourism Vacation Town” in Cambodia that will cost $1.2 billion...
Chinese poured $32.9 billion into Asia property last year, Thailand top destination

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Mainland Chinese property buyers acquired real estate across Asia for $32.9 billion in 2017, up 352.4 per cent from $7.28 billion in 2016, a...