Phnom Penh Post - Post Property
A total of 1,679 new construction projects were approved nationwide in the first five months of 2022, down by 150 developments or 8.20 per cent year-on-year, even after the government in November moved to allow a broader resumption of
When Malaysia's National Property Information Centre (Napic) released its overhang numbers for 2021 recently, it revealed that the Southeast Asian country is still far from resolving an issue that has been plaguing the property market for years.
Vietnamese President Nguyen Xuan Phuc has urged the suburban districts of Cu Chi and Hoc Mon in Ho Chi Minh City (HCMC) to review all public investment projects, especially their feasibility, and improve the business climate to attract investment.
The occupancy rate of office space in the capital dipped by 1.2 percentage points to 66.9 per cent in the first quarter of 2022, compared to the fourth quarter of last year, as three new projects were launched and Covid-19 uncertain
Real estate mergers and acquisitions (M&A) are expected to be a good source of foreign direct investment (FDI) in Vietnam this year, said Savills, forecasting that M&A activity is likely to increase in terms of frequency and value.
Vietnam's Covid-19-hit rental real estate market is bouncing back from hibernation as the successful vaccination campaign nationwide has allowed the reopening of economic activities, pushing up demand.
The gap between people categorised as South Korea’s wealthiest and the poorest groups has been growing sharply in recent years, with houses, buildings and land owned by the top 20 per cent valued at an average 251 times higher than that owned by the bottom 20 per cent, a report showed on April 5.
Cement production in the Kingdom reached 1,524,248 tonnes in the first two months of this year, up by 2.08 per cent from the 1,493,212 tonnes logged in January-February 2021, according to the Cambodia Cement Manufacturing Association (CCMA).
The Real Estate and Housing Developers’ Association Malaysia (Rehda) says property developers’ margins are shrinking, and are now at around 15 per cent.
A recent survey by the Government Housing Bank’s Real-Estate Information Centre (REIC) shows that though fewer new property units are being released in Thailand’s South, the property market in the Northeast is recovering fast.
Chinese developer Evergrande on March 22 said it is investigating how lenders have laid claim to deposits valued at more than 13.4 billion yuan ($2.1 billion) for its subsidiary, the latest black mark against the debt-ridden property giant.
