84 Percent of Americans see homeownership as good investment, affordability a growing concern, according to NAR Survey

According to the National Association of Realtors®’ 2017 National Housing Pulse Survey, concerns over housing affordability show clear demographic divides especially among unmarried and non-white Americans. More than five out of 10 unmarried and non-white Americans view the lack of available affordable housing as a big problem, compared to only 40 percent of married and white Americans. […]

Cluttons : Emirates Towers Business Park the most exciting commercial development in Dubai for 10 years

While Dubai’s commercial real estate market has experienced muted growth over the past six months, the recently announced Emirates Towers Business Park is set to become Dubai’s most defining commercial development in over 10 years, according to the latest Dubai Office Market Bulletin for Summer 2017 by  international real estate consultant Cluttons. Faisal Durrani, Cluttons head […]

House prices up by 4.0% in the euro area

House prices, as measured by the House Price Index, rose by 4.0% in the euro area and by 4.5% in the EU in the first quarter of 2017 compared with the same quarter of the previous year. These figures come from Eurostat, the statistical office of the European Union. Compared with the fourth quarter of […]

Tiara Imperio by Kueen Lai Group in Selangor,Malaysia

Tiara Imperio , the high-rise development has access to several highways, universities and golf courses. Spanning more than five acres, our yet to be named Bangi Service Apartment consists of six levels of podium retail blocks and two 41-storey and 25-storey towers amounting to 655 tastefully designed units. The project overlooks Malaysia’s federal administrative centre of […]

US again the top destination for investment emigration and property purchasing for Chinese

The United States remains the most popular emigration destination for HNWI investment emigrants for the third year running. Canada, which has been behind the UK for the last two years, overtook the UK for the first time this year, while Australia remains in fourth. Malta, Antigua and Dominica enter the top ten for the first time, according to the Chinese Immigration Index. Hurun Research along with Visas Consulting […]

Chinese Estates Holdings acquires shares in China Evergrande for $1 billion

Hong Kong developer Chinese Estates Holdings Limited announced that the company has, through its wholly owned subsidiaries, acquired 655,208,000 shares of US$0.01 each issued by China Evergrande Group (Stock Code: 3333) (“China Evergrande”), representing approximately 5.00% of the total issued share capital of China Evergrande as at 30th June, 2017 (being the latest date which […]

Singapore real estate firm Rowsley plans expansion into healthcare business in S$1.9 billion deal

SGX Mainboard-listed . (“Rowsley”), a Singaporean real estate firm, has announced its plan to expand into the healthcare sector with the signing of a non-binding term sheet to purchase the healthcare assets of MrLim Eng Hock, a controlling shareholder of Rowsley. A Sales and PurchaseAgreement is expected to be completed within two (2) months. The […]

Foreign U.S. home sales dollar volume surges 49 percent to record $153 billion, says NAR

Fueled by a substantial increase in sales dollar volume from Canadian buyers, foreign investment in U.S. residential real estate skyrocketed to a new high, as transactions grew in each of the top five countries where buyers originated. This is according to an annual survey of residential purchases from international buyers released by the National Association […]

MIAMI Realtors : Colombians lead all global consumers searching South Florida real estate

Colombia continues to be the top foreign country searching for South Florida real estate on the MIAMI Association of REALTORS® (MIAMI) website, according to new statistics from the nation’s largest local Realtor group. Colombia registered the most South Florida property searches among all countries on MIAMI’s portal, www.MiamiRealtors.com, in May 2017. Colombia has led the […]

UK property prices increase %4.7 pct y-o-y in May

According to HM Land Registry UK House Price Index (HPI) for May : an annual price increase of 4.7% which takes the average property value in the UK to £220,713 the monthly house prices have risen by 0.5% since April 2017 the monthly index figure for the UK was 115.8 The data shows: in England, an […]