Property News

While auction clearance rates took a slight dip on the weekend, it wasn’t enough to deter some bidders paying well over reserve to secure a property in the suburb they want.

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.

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.

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.

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.

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.

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 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.

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.

HCM City (HomeID)— The real estate crisis has eliminated weak investors, increased competitiveness and brought more choice for clients.