Construction down post-Covid
A total of 1,679 new construction projects were approved nationwide in the first five months of 2022, down by 150 developments or 8.20 per cent year-on-year, even after the government in November moved to allow a broader resumption of
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Malaysia property sector on track for recovery on economic opening
Wed, 11 May 2022 | 09:14The improvement in loan application and approval rates in March for home purchases indicates that Malaysia’s property market is well on its way to recovery this year.
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Only three condos finished in Jan-Mar as market sputters
Wed, 4 May 2022 | 08:59Three new condominiums were completed and ready for move-ins in the first quarter of 2022, adding 700 units to bring the capital’s condo supply to about 33,800, as rental and sale prices of high-end units extended a decline seen in October-December 2021, according to a prominent real estate firm.
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Malaysia drawing up plans to stabilise home prices
Wed, 4 May 2022 | 08:40A new framework to address concerns over the sharp increase in construction costs contributed by the Ukraine conflict will be drawn up by Malaysia’s National Affordable Housing Council.
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VN building material hikes pressure property prices
Wed, 4 May 2022 | 08:01Several key construction materials have seen a sharp price hike in Vietnam during the first three months of 2022, putting significant pressure on property prices, according to the Vietnam Association of Construction Contractors (VACC).
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Print property tax invoices to close evasion loopholes: GDT
Wed, 27 Apr 2022 | 09:03The General Department of Taxation (GDT) has announced that it will be printing paper copies of the Property Tax Invoice to be distributed to all property owners in a manner similar to that of utility bills, which it hopes will eliminate most of the loopholes enabling tax evasion.
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JLL: Luxury Jakarta, Bali hotels in recovery state
Wed, 27 Apr 2022 | 09:02Top hotels in Jakarta and Bali are recovering from the impact of the coronavirus pandemic and the travel restrictions imposed in response, an industry study shows.
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Foreign capital pours into Vietnam’s industrial real estate
Wed, 27 Apr 2022 | 09:02The Vietnamese industrial real estate market continues to record positive signals, attracting a large amount of foreign capital.
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Capital’s retail vacancy rates up as flood of projects looms
Wed, 20 Apr 2022 | 09:19The occupancy rate of retail space in Phnom Penh dropped to 66.6 per cent in the first quarter of this year, down 0.4 percentage points from 67 per cent in October-December 2021, according to a report by real estate company CBRE Cambodia.
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Strong recovery for Vietnam property in 2022: report
Wed, 20 Apr 2022 | 09:18Vietnam's real estate market is forecast to have a better year compared to 2021 and gradually return to the normal performance as before the Covid-19 pandemic, according to the Vietnam Report JSC.
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HCMC should let public access detailed land data, information: conference
Mon, 18 Apr 2022 | 08:20Ho Chi Minh City (HCMC) should consider offering the public greater access to detailed land information such as long-term urban plans, which are not easily available now, experts have said.