News

U.S. Fed Rate Hike Impact on Asia Property Markets Revealed

This week the Federal Open Market Committee (FOMC) raised U.S. interest rates for the first time since 2006. The 25-basis-point (bps) increase to the target federal funds rate was widely anticipated and therefore should not have a sudden or disruptive impact on interest rates or real estate markets in Asia Pacific and the rest of the world.　　　FROM WORLD PROPERTY JOURNAL

Cross Border Property Investment in Asia Highest on Record Since 2008

According to CBRE, cross-border property investment in Asia accounted for 36% of total turnover year-to-date - rising 36% quarter-on-quarter to $10.6 billion - marking this the highest total recorded since 2008.　　　FROM WORLD PROPERTY JOURNAL

RICS to extend its role in promoting real estate professionalism in China

The Royal Institution of Chartered Surveyors has signed a memorandum of understanding with a leading real estate association in China which is set to pave the way for higher standards in the country.　　FROM PROPERTY WIRE

Growth in land prices slows in China as Bangkok, Jakarta and Phnom Penh power on

Growth of prime land prices in China have slowed but other parts of Asia such as Bangkok, Jakarta and Phnom Penh are powering ahead, according to the latest index.　　　FROM PROPERTY WIRE

Prime residential development land prices in Asia slowing

The price of prime residential development land in Asia slowed to 1.1% in the first half of 2015, down from 3% in the previous six months, but prime office land increased to 3.6%, up from 2.5%.　　FROM PROPERTY WIRE

Mainland Chinese property market seeing sales fall and price growth slow

A wait and see atmosphere has prevailed in the mainland Chinese housing market in the first quarter of 2014
with luxury residential sales falling in Beijing and Shanghai,
according to the latest analysis report from Knight Frank.　　 FROM PROPERTY WIRE

Residential property market in China picked up in third quarter of 2015

The residential property market in mainland China picked up
gradually in the third quarter of 2015 amid a series of favourable policies such as cuts in interest rates,relaxed restrictions on foreign purchase and an easing of housing provident fund loans.　　　FROM PROPERTY WIRE

China’s property market slowing sharply again!

China’s once booming property market is now on a verge of a slump, amidst government efforts to cool down house prices.
House price rises are decelerating sharply.
Property demand is now waning. Mortgage defaults are increasing.
And, construction activity is falling.　　FROM CHINA DAILY

China’s Expat Makeup: It’s Evolving, Not Shrinking

There has been much commentary made over the state of China’s expatriate market recently, with suggestions that it is shrinking.
However,the circumstance may not be so serious.

US House passes bill to tighten visa waiver program

WASHINGTON - The US House of Representatives voted overwhelmingly on Tuesday to tighten
restrictions on travel to the United States by citizens of 38 nations
who are allowed to enter the country without obtaining a visa.