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Major projects to boost West Australia economy

Despite the economic downturn and relatively quiet property market conditions in recent years, Perth has continued its transformation into a more vibrant, connected and cosmopolitan city. As market conditions improve, we are starting to see a number of major projects edge closer to completion, which is very exciting for residents and visitors to Perth. It …

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Nexus locates next hot spot – Bangkok area praised for its affordability

Phahon Yothin-Pradiphat has become the latest potential area for development, offering prices below nearby areas on Phahon Yothin Road with similar travel times and environment, says consultant Nexus Property Marketing Co. Managing director Nalinrat Chareonsuphong said the Pradiphat area is now a trendy location. The Phahon Yothin-Pradiphat area has an old Bangkok feel, with hotels, …

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Thai tycoon’s $5 bil Bangkok development may lead to REIT

BANGKOK (Aug 28): Parts of Thai tycoon Charoen Sirivadhanabhakdi’s 120 billion-baht ($5 billion) downtown Bangkok real estate project could be sold into a real estate investment trust, the head of the development said. While Charoen’s TCC Group views the One Bangkok project as a long-term asset, a REIT is an option for efficient capital management, …

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Apartment prices and rental demand remain strong in Melbourne

The Melbourne apartment market has remained robust. This comes despite negative sentiment surrounding the Victorian residential market and a high amount of supply activity. Victoria continues to lead the country in population growth, which has sustained dwelling demand and supported both prices and rental values, according to JLL Australia’s 2Q2018 Melbourne Apartment Market Commentary. Median …

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Thailand among top 10 property transparency gainers

Asia-Pacific has made the strongest transparency improvement from 2016 compared to the other four regions covered by the latest study conducted by property consultancy firm JLL. According to its newly released biannual Global Real Estate Transparency Index (GRETI) 2018, of the world’s top 10 real estate markets that have registered the biggest improvements in transparency, four are …

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Hankyu set to ramp up investment

Japanese firm Hankyu Hanshin Properties Corp is confident in the Thai economy and residential demand, committing to invest ¥10 billion (2.95 billion baht) a year in joint ventures for residential projects with SET-listed developer Sena Development Plc. Mr Kusu said spending will double to nearly 3 billion baht annually. The company had allotted ¥10 billion …

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Manchester – the UK’s property hotspot

Manchester, benefitting from the recent £1bn investment as part of the Government’s Northern Powerhouse initiative, is showing itself to be a vibrant, forward-thinking metropolis with the most attractive city centre investment market in Britain, according to JLL. The property specialist company rates Manchester as its No 1 prospect for residential price growth over the next …

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What the next five years will bring to Cambodian real estate

Analysts reflect on kingdom’s prospects following the National Assembly election With the general elections over, Cambodia’s property market may yet enjoy a long spell of progress, leading market observers told Realestate.com.kh. Cambodia will benefit from greater foreign investor confidence as a result of perceived political stability following the polls, according to Soth Virak, CEO of the …

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Chinese dethrone Japanese as Bangkok’s keenest condo buyers

Chinese buyers are dominating the Bangkok property market with no end in sight, says the Thai Condominium Association. Prasert Taedullayasatit, the association’s honorary president, said a large number of Chinese buyers have come into Bangkok’s condo market in the past few years and the trend is expected to continue. “The Chinese bought [condo units] with …

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Perth Market Research

Australia Australia is amongst the 11th wealthiest country and 12th largest economy in the world. Its’ consistently strong economic growth with the country’s economy rated as “AAA”, and the legal and political stability welcomes investors to invest in Australia. Australia is well-known for its’ well-connected ties with ASIA, making it as one of the major …

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