Property News

UK house price rises for 2014 almost twice as high as predicted
UK house prices will end the year 9.5% higher than they started it, but the strength of increases this year means that in London the market could flatline in 2016, property firm Savills said on Tuesday, as it revised its forecasts for the next five years.
Safety concerns stall world’s sixth tallest tower
For the developers of the world’s sixth tallest building near Seoul, the Lotte World Tower, a mysteriously shrinking lake and the appearance of small sinkholes in residential neighbourhoods couldn’t have come at a more inopportune time.
Developers call for faster fund release
Property developers called for quick disbursement of the Government's VND30 trillion (US$1.43 billion) stimulus package so that home buyers can pay in time at a meeting with Minister of Construction Trinh Dinh Dung in HCM City on Monday.
Developers up the ante on country-wide investment
A major Korean investor will help kick-start the growing attractiveness of the real estate sector after it announced a $1 billion low-income housing project.
Foreign investors leave ghost-town project sites
The Vietnamese real estate market is littered with many unfinished large-scale projects worth hundreds of millions of US dollars, and no one knows if and when they will be completed.
West Lake remains attractive despite market slump
Despite the real estate slump, land and housing around Hanoi’s West Lake is still highly priced and attractive to better-off people due to the convenient location.
Tokyo’s Commercial Property Market Is on Top of the World
Tokyo had the largest commercial real estate market in the first quarter of 2014, the first time the Japanese capital has topped an ongoing survey of the world’s major cities launched a decade ago.
Vingroup announced incentives on office leasing
Vincom Office Company, an arm of Vingroup has announced its special lease programme named “Golden Opportunity 2014” to woo tenants for its office projects for lease.
Competition grips real estate market
HCM City (HomeID)— The real estate crisis has eliminated weak investors, increased competitiveness and brought more choice for clients.
Real estate market to greet new investments
After consecutive years of losses, several real estate firms in HCM City started to show more optimism in the market as the number of transaction is picking up.