90% of Casa Familia real estate project sold

90% of Casa Familia development project has officially been sold out and occupied by the owners Committed to providing innovative and affordable luxury housing solutions across the Emirates, the ‘Casa Familia’ townhouse villas will be available through National Properties’ award-winning rent to own in house finance scheme. The scheme enables buyers to pay percent of …

Mohamed Alabbar: Dubai property market going through a cycle

Dubai’s property market is going through a cycle that has led to a drop in prices, according to Emaar chairman Mohamed Alabbar. In an interview with Arabian Business, Mohamed Alabbar hit back at suggestions that the property market was falling sharply. Mohamed Alabbar says that, this is a cycle, and cycles happen all the time. …

Dragon Towers and Dragon Mart is connecting by covered bridge

Dragon Towers, which went on sale last month with prices from AED449,000, is connected by a covered bridge to the world famous Dragon Mart. Master developer Nakheel on Monday broke ground on Dragon Towers, its AED713 million ($194 million) twin-building residential project at the rapidly-expanding Dragon City mixed-use community. The ground-breaking ceremony, led by Nakheel …

Australian Cities Among the World’s Most Transparent Real Estate Markets

Three Australian cities have emerged as some of the most transparent real estate markets in the world, according to a new report analysing 158 cities. Sydney is ranked third in the world, followed by Melbourne in 7th place along with Brisbane rounding out 15th position, according to the latest JLL and LaSalle’s Global Real Estate …

Tower Capital on track to reach $200m in loan closings

Tower Capital closed its mortgage loans at $ 44,886,000 last month. October was the best month of Tower Capital in 2018. Tower Capital has participated in all asset asset classes. Real estate commissioning, mortgage banking, securities etc. The largest Tower Capital closing last month, Elux at Tramonto, was a $23,000,000 loan that closed in just …

Pinsonneault real estate prices announced the decline

National Bank of Canada House Price Index (Teranet HPI) show all but  real estate market experienced a decline in October. The monthly decline has only occurred a handful of times in the index history. Economist Marc Pinsonneault real estate prices announced the decline. Pinsonneault: “A monthly decline in October has only occurred 4 times in …

Hang Lung Properties will build landmark in Hangzhou

Hang Lung Properties expected to build Hangzhou’s new landmark Hang Lung Properties that is Hong Kong company bought a plot of land in Wulin area, Xiacheng district of Hangzhou, for $1.55 billion after more than 300 rounds of bidding four months ago. The deal marks Hang Lung’s expansion into the capital city of East China’s …

When will Beijing come to rescue, and how?

Japanese bank Nomura expects property market conditions to worsen significantly in 2019 before getting better. It will likely take Beijing longer than usual to come to the rescue. Nomura wrote in his note; When will Beijing come to rescue, and how? The entrenched nature of certain non-market-based property policies  such as restrictions on home purchases, …

Real estate market in Tasmania is growing

The real estate market in Tasmania has increased by 62 percent compared to the previous year. Tasmania real estate market continues to soar with 21 properties breaking through the $2 million mark in the 12 months to September, up 62 per cent on the previous year. The Real Estate Institute of Tasmania’s data shows that …

Toronto the right address for real estate investment

The real estate market is growing more than any other market in the world. There are many regulations governing foreign real estate investments in Canada. These regulations apply to certain cities. Knowing these regulations makes it easier to manage investments. Canada is the best city to do real estate investment in Toronto. There is no …