Real estate players are quite excited by the market opportunities that lie ahead for Siem Reap province, amid an ambitious road construction project and preparations for the gradual reopening of tourism in the fourth quarter of 2021, with an initial focus on welcoming fully-vaccinated international
Vietnam has less than half of the low-income houses it targeted for last year, according to Ministry of Construction data.
Local developer Monarchy Land & Investment on June 10 simultaneously broke ground and launched sales for its first housing development in southern Kandal province.
No major changes have been observed so far in Bokor’s market momentum and property prices in the nearly three months since the Kampot provincial town was created, with real estate experts pointing out that the latest Covid-19 outbreak has delayed many investment plans.
Hanoi has proposed to the Vietnamese Ministry of Finance the imposition of a tax or fine on owners of half-finished and abandoned townhouses and villas, which are causing considerable waste of land resources.
Singapore’s private resale housing market last month saw prices inch up 0.9 per cent to a new high, even while the number of condominium units resold dipped by 11.4 per cent as tightened Covid-19 measures restrict property viewings.
The global health crisis caused by the Covid-19 outbreak has dragged down investment in the Cambodian construction sector, which had shown positive signs for several years in a row.
The shift toward e-commerce due to the Covid-19 pandemic has brought challenges to Vietnam’s retail property market, according to Savills Vietnam.
An upward trend for apartment prices in Seoul has continued since last June, according to the state-run Korean Real Estate Board on May 27.
Dubai’s property market is powering out of a six-year malaise as “lockdown dodgers” and wealthy international investors drive a buying frenzy that is breaking records and fuelling an economic recovery.