Asia / Africa Real Estate News

Citigroup survey reveals that most prefer deposit savingsJune 07, 2010   The rich may be getting richer, but how they got there differs between the merely rich and the super-rich, according to a new survey by Citibank of Korea’s high-net wealth individuals.

  The Jordanian real estate market continues to decline at a minimal rate with some sectors of the market showing signs of rents and values stabilising, while sales activity remains flat, according to leading regional and international real estate services firm Asteco.

 
By SHRI NAVARATNAM Exporters underpinned the Japanese market on the yen's retreat, while property developers outperformed in China on Friday as most Asian markets eked out modest gains. Investors appeared to be taking in stride renewed worries over Greece's debt problems, which were fuelled by talk that the country would seek aid from the International Monetary Fund.  "I think the marke [ ... ]

  Real estate experts will discuss the potential role of Abu Dhabi in spurring a national and regional industry rally during the Cityscape Connect Abu Dhabi Business Breakfast scheduled for February 16, 2010 at the Radisson Blu hotel in YasIsland, Abu Dhabi.

   Feb. 21 (Bloomberg) -- Sun Hung Kai Properties Ltd. sold a batch of 900 homes in Hong Kong for HK$4.2 billion ($540 million) at a new development over the weekend amid crowds of thousands, fueling speculation the city’s housing market is overheating. The apartments at the Yoho Midtown apartment complex in Yuen Long sold for an average HK$5,400 per square foot, Amy Teo, project [ ... ]

Cohen & Steers says Hong Kong is poised for great year. HONG KONG -- Rising real estate prices in mainland China and Hong Kong have stirred worries of a bubble. New York-based Cohen & Steers, which has more than $20 billion invested in real estate globally, doesn't see it that way. Forbes talked to Luke Sullivan, senior vice president and portfolio management in Hong Kong, about the outlook for ma [ ... ]

   Private and investment housing occupied 81.3 percent of the Kuwaiti domestic real estate market liquidity in 2009, a report by Al Shall Consultancy said on Saturday.

The report added that the business sector took up 18.3 percent of the market liquidity, while warehouses took up a mere 0.4 percent.

Despite the fall of the liquidity in real estate trading in 2009, the average va [ ... ]

   Today at 6.30pm IST, the world will witness the opening ceremony of Burj Dubai. which, apart from being the world’s tallest building.

   Excluding China’s surging volume, country growth is hard to find.
by Dan FusiloAs 2009 investment trends in global zones have come into focus, China’s thumb on the scale of the Asia Pacific region has grown larger and heavier, accounting for more than US$127 billion of the $177 billion in total volume yearto-date in the region, which has actually seen volume grow 4 perce [ ... ]

  Dubai was at the bottom of the Knight Frank ranking, with a drop of 47%.