Real Estate

Real Estate

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CENTURY-CITY-MALL-FACADE-IN-KALAYAAN-AVENUE-facing-Makati-Avenue

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When scouting Southeast Asia for promising investment destinations, one should look no further than the Philippines. The country with its remarkable economic growth momentum...
Developer cashes in on Bangkok’s tallest building, sells core parts to King Power

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Thailand’s luxury property builder Pace Development sold key parts of Bangkok’s tallest skyscraper MahaNakhon Tower to domestic duty free retail company King Power, media...
Singapore Airbnb hosts get hefty fines for illegal letting in first case in the city state

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In the country’s first such case, two Singaporean Airbnb hosts were fined 60,000 Singapore dollars ($45,800) each for violating the country's rules on short-term...
Profit vs. environment: Top Southeast Asia beaches close for clean-up

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Pollution, inadequate infrastructure and mass tourism are taking their toll on two of Southeast Asia’s most popular beach destinations, Boracay in the Philippines and...
Thai billionaire buys e-commerce portal Tarad, heating up competition

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Thai beverage, property, industrial, agriculture and retail conglomerate TCC Group said it is acquiring a majority stake in Tarad.com, a leading domestic e-marketplace operator...
Foreign investment in the Philippines hits another high

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The Philippines recorded another all-time high in foreign direct investments (FDI) in 2017, although the growth was substantially lower than in 2016. The volume...
Malaysia’s GDP growth this year seen at 5.2%, lower than 2017

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Malaysia is expected to maintain a robust economic momentum but will grow slower than last year, according to estimations by Moody's Investors Service issued...
Chinese to build large tourism complex in Laos’ prime party town

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A Chinese developer, Yijin Group, is readying to construct a more than $200-million tourism complex at an abandoned airfield in Vang Vieng district, one...
Singapore, Makati, Bangkok: Highest cost of living in Southeast Asia

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The 2018 Cost of Living Index compiled by crowd-sourced global database Numbeo ranked Singapore, Makati and Bangkok as the three cities with the highest...
Philippines starts work on new $3-billion government center

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The Philippines has kicked off construction work for a new government district in New Clark City, a planned community under development in Capas, Tarlac...
Myanmar’s residential property market facing downward correction

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The heydays for landlords in Myanmar's with sky-high rents in larger cities are apparently over.  A global property firm says that 2018 will bring...
Malaysia lauded as Asia’s best retirement destination

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Malaysia has been named the best destination to retire among Asian countries on the newly issued Retirement index 2018 list by International Living.com. According to...
China to pour billions of investment dollars into Cambodia

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Cambodia and China on January 11 signed 19 agreements worth several billion dollars to develop the impoverished Southeast Asian country's infrastructure, agriculture and healthcare....
Malaysia’s new tallest building to supersede Twin Towers next year

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The days of Kuala Lumpur’s iconic landmark, the Petronas Twin Towers, as Malaysia’s tallest building are numbered. In the second half of next year,...
Investment climate in Myanmar worsens over uncertainty, delayed reforms

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Myanmar, just until recently dubbed the new frontier for investments into nearly everything – infrastructure, consumer products, telecom, housing and tourism – has turned...
Moody’s forecasts sharp decline in Malaysia property prices

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US credit rating agency Moody's Investors Service in a new country report expects a substantial decline in property prices in Malaysia in the event...
Malaysia to limit new luxury property developments

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The Malaysian government said it will allow luxury property developments, defined as such with a price tag of above one million ringgit ($241,000) per...
Philippines retains rank among world’s fastest growing economies

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The Philippine economy grew 6.9 per cent in the third quarter, exceeding all analyst estimates and cementing its position as one of the fastest-expanding...