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Construction stays strong

Publication date 14 June 2019 | 08:32 | ICT

Cambodia’s construction sector remained strong during the first four months of this year following a nearly 20 per cent drop last year, according to Ministry of Land Management, Urban Planning and Construction figures.

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    China's commercial property investment amounted to 53 billion yuan ($7.68 billion) in the first quarter of this year, with half coming from cross-border investors, according to a recent report by global real estate consultancy CBRE.

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    Provinces and cities in the Philippines are losing an estimated 30.5 billion pesos ($588.68 million) in revenues annually as a result of outdated real property values, underscoring the need for valuation reforms in the real property sector, according to a unit of the Department of Finance.

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    Publication date 30 May 2019 | 15:28 | ICT

    In an apparent move to advocate the incumbent South Korean government’s real estate measures, the Land Ministry said on Tuesday Seoul’s housing prices had grown at a stable rate for the past five years, compared to fluctuations observed in real estate transaction prices in other major cities.

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