SINGAPORE (BLOOMBERG) – The fortunes of two of Asia’s hottest property markets are diverging. Singapore is now ranked No. 1 for real estate investment prospects in terms of price increases in 2020. Hong Kong, buffeted by months of violent anti-government protests, has plunged to the bottom of the list from 14th place in 2019. That is […]
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HOLLYWOOD: The world’s first guitar-shaped hotel has officially opened its doors, bringing a distinct silhouette to the city skyline of Hollywood, Florida. The US$1.5 billion Seminole Hard Rock Hotel and Casino Hollywood hosted a glitzy launch party to fete its long-awaited opening last week, with a guest list that included Johnny Depp, Morgan Freeman and […]
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People are talking about a scheme where potential buyers need not worry about down payments, bank mortgages or paying high rental rates just to own a property a few years down the road. They say this will mean homes become more affordable to all Malaysians. Not true. Assuming these things come to be, then the […]
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KL has a population of 1.8 million people. Total existing property units is 482,099 units with another 37,819 incoming units and 67,177 planned homes. Serviced apartments wise, KL has 60,441 of its existing units with 31,455 incoming units and 82,057 planned units. KL has a total of 4,731 units under overhang status worth RM4.6 billion. […]
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Spooked by protests, Hong Kongers snap up homes at Malaysia’s Forest City development KUALA LUMPUR/HONG KONG (REUTERS) – Hong Kongers have snapped up about 200 apartments in the past two months at a sprawling housing development in Malaysia, two estate agents said, a sign that some are looking for homes elsewhere due to the political volatility at home. […]
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