Foreigners will be able to own condominiums in Laos once the authorities enforce the newly revised Law on Land.
A new category of real estate investment trusts (REIT) will be set up as a measure to help property businesses in Thailand affected by the Covid-19 crisis.
Real estate transactions in Cambodia’s land division projects remain in jeopardy more than nine months on since the onset and spread of Covid-19, experts have said.
A technical feasibility study of the Phnom Penh-Bavet Expressway project is progressing smoothly, setting high hopes among real estate insiders that the new route would underpin the potential of Bavet town’s burgeoning real estate market.
Ho Chi Minh City’s plan to establish Thu Duc city by merging districts 2, 9 and Thu Duc district has caused property prices in the three eastern districts to increase sharply.
The State Railway of Thailand (SRT) is planning to offer its land at Bangkok’s Khlong San market up for long-term commercial use under rental contract next year to generate additional income, said SRT deputy director for train operations Somyut Reun-Ngam.
Malaysia's southern Johor state received its largest foreign investment in the Iskandar Malaysia growth corridor since Covid-19 when Iskandar Waterfront Holdings Sdn Bhd (IWH) inked a deal with Metallurgical Corp of China Ltd (MCC) on Monday to develop 60ha of prime commercial land in the Skudai
Experienced investors continue to sink money into the Vietnamese real estate market despite the problems the Covid-19 pandemic has caused for the sector.
The General Department of Taxation (GDT) released Prakas 346 to the public last week which outlines new capital gains tax implications of the transfer of assets in Cambodia such as, inter alia, immovable property, leases, investments, goodwill, intellectual property and foreign currency.
The Vietnamese property market is expected to slow down, with prices starting to drop by the end of this year and hitting the bottom by mid-2021, creating opportunities for home buyers sitting on cash, experts have forecast.