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[2012-10-30] Second Stepper home sales fall in two thirds of UK towns
Second Stepper home sales fall in two thirds of UK towns
30/10/2012 13:20
The number of towns and cities across England and Wales that have seen a decline in sales of typical second stepper properties have risen to their highest level since 2009, according to new research by Lloyds TSB published today (Monday 29 October).
In the first seven months of 2012, 65% out of the 577 towns and cities across England and Wales covered in the survey recorded an annual fall in sales of secon... |
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[2012-10-27] Savills exclusive marketing and leasing agent for PVI tower
Savills exclusive marketing and leasing agent for PVI tower
26/10/2012 13:10
Savills Vietnam has officially been appointed as exclusive marketing and leasing agent by PVI Holdings (PVI) for PVI Tower, located on Hanoi’s Tran Thai Tong street, in Cau Giay district.
PVI Tower is a Grade A office building comprised of 25 stories and two basements. The building is the headquarters of PVI Holdings and member companies, which includes offices, multi-function meeting rooms, an in... |
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[2012-10-27] New solutions to slump real estate market
New solutions to slump real estate market
26/10/2012 13:30
More foreigners allowed to buy apartments could save the slump market
More foreigners should be allowed to buy apartments and more small apartments should be built in order to save the real estate market from its current slump, experts said.
Phan Thanh Mai, General Secretary of Vietnam Real Estate Association, said at a seminar on the issue in Hanoi on October 23 that the prospect for the real estate market in 2013 is rel... |
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[2012-10-27] Oversupply chokes property market
Oversupply chokes property market
26/10/2012 13:30
The Van Quan apartment blocks are reflected in a lake in Ha Noi. The real estate market is facing challenges from loan defaults and an oversupply of properties. — VNA/VNS Photo Bui Tuong
Loan defaults and high inventories were the greatest challenges facing the real estate market in the nation's major cities in the coming year, Viet Nam Real Estate Association general secretary Phan Thanh Mai told a conference held here this... |
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[2012-10-27] Housing projects in default may receive aid
Housing projects in default may receive aid
26/10/2012 14:35
Deputy Prime Minister Vu Van Ninh.
Deputy Prime Minister Vu Van Ninh spoke to the media on the sideline the on-going fourth session of the 13th National Assembly about Government measures to tackle the crisis of bad debts in the real estate sector.* What were the bright spots in the economy in the first 10 months of the year?
It is really difficult to evaluate the domestic economy when the world economy is also... |
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[2012-10-27] New house building sector in Australia set for a recovery in 2012/2013 led by NSW
New house building sector in Australia set for a recovery in 2012/2013 led by NSW
26/10/2012 14:40
Australia should see a mild but narrow recovery in new housing starts in the rest of 2012 and the beginning of 2013, according to the latest analysis from the Housing Industry Association.
The HIA, which represents the residential building industry, is predicting an increase of 1.*5 in new starts driven by activity in New South Wales and Western Australia. It is also forecasting th... |
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[2012-10-25] Turn around in new home starts in Australia expected in early 2013
Turn around in new home starts in Australia expected in early 2013
23/10/2012 14:05
The latest residential land update report suggests that new housing starts in Australia should begin to recover modestly by early 2013.
The HIA-RP Data Residential Land Report compiled by the Housing Industry Association, the voice of Australia’s residential building industry, and RP Data, Australia’s leading property information and analytics provider, shows a significa... |
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[2012-10-25] US imposes zero tax rate on Vietnamese steel pipes
US imposes zero tax rate on Vietnamese steel pipes
24/10/2012 13:10
US imposes zero tax rate on Vietnamese steel pipes
Vietnam’s welded carbon-quality steel pipes exported to the US market will enjoy an anti-dumping duty (AD) of zero percent following the US Department of Commerce (DOC)’s final decision.
The DOC affirmed SeAH Steel Vina Corporation and Vietnam Haiphong Hongyuan Machinery Manufactory Co. Ltd. did not receive any government subsidy as prev... |
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[2012-10-25] Vietnam to ease rules on low-cost housing
Vietnam to ease rules on low-cost housing
24/10/2012 13:20
Motorcyclists ride past a real estate development on the outskirts of Hanoi
The Ministry of Construction has said it will ease eligibility criteria for buyers of government subsidized housing as public interest in low-cost apartments remains high amid an overall gloomy real estate market.
The new policy, expected to be submitted to the government at the end of the month, will allow people with a monthl... |
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[2012-10-24] Sluggish real estate projects face suspension risk
Sluggish real estate projects face suspension risk
24/10/2012 13:15
Sluggish real estate projects face suspension risk
Property projects that have yet to finish site clearance and compensation issues despite being granted licences should be suspended, said Construction Minister Trinh Dinh Dung at a recent press conference.
The local property market has been in a very difficult situation as land and housing prices in all segments have sharply decreased, which has caused fina... |
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[2012-10-24] Waiting for the third bout of price cuts
Waiting for the third bout of price cuts
24/10/2012 13:30
An apartment project in HCMC - Photo: Dinh Dung
Near the end of 2011, the first bout of discount on the real estate market in HCMC started, with a slew of apartment projects, from affordable to high-end ones, selling at a discount to attract buyers. The An Tien project in Nha Be District, HCMC was down from VND18 million to VND14.5 million per square meter.
In early 2012, the market was still dreary. However, prices were n... |
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[2012-10-23] House prices set to rise by 25% along new Crossrail rail project in and around Lond
House prices set to rise by 25% along new Crossrail rail project in and around London
23/10/2012 13:40
Crossrail, one of the most significant infrastructure projects ever undertaken in the UK could help create £5.5 billion in added value to residential and commercial real estate along its route between 2012 and 2021, according to new research.
Property prices in central London next to eight new stations and next to existing stations that are being refurbished could rise by... |
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[2012-10-23] Business investors still keen on UK commercial property market despite eurozone woe
Business investors still keen on UK commercial property market despite eurozone woes
23/10/2012 13:50
Confidence in the commercial real estate sector in the UK has fallen back as a result of the weaker economic backdrop and ongoing euro zone crisis, according to a new survey.
Despite this fall in confidence, all groups remain committed to investing in the sector and are keen to source opportunities that can add long term value and this might be symptomatic of a perception that t... |
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[2012-10-23] Poland and the Baltics see property price starting to stabilise
Poland and the Baltics see property price starting to stabilise
23/10/2012 13:55
Residential property prices in Poland and the Baltics are showing signs of recovery, remaining more stable in recent months but they are still well down on their peak.
Apartment prices in Vilnius decreased by 0.4% in September 2012 taking the average price to €1,190 per square meter, according to the latest price index from Ober-Haus Real Estate.
A negative annual change in apartment prices in... |
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[2012-10-23] UK residential rental sector recovers from difficult start to 2012, says new index
UK residential rental sector recovers from difficult start to 2012, says new index
23/10/2012 14:05
The rental market in the UK appears to have recovered from what was a difficult start to 2012 according to residential property experts Move with Us.
Their first Rental Index report covering the third quarter of the year using weekly data, tracking more than 150,000 advertised rental properties across England, Wales and Scotland, shows that average rents fell slightly early in the... |
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