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The hybrid-work trend and high interest rates have sent commercial real estate values crashing in major cities, with Morgan Stanley warning earlier this year that office prices could face a 30% ...
In the early 1990s large urbanization in Hong Kong, Singapore, Thailand, Philippines and other Southeast Asia countries brought about a large housing price appreciation. Asia attracted global economic interest up until the economic crash of 1997. A decade later, the Asian economy has been stabilized, and has allowed the property market to advance.
A real-estate bubble or property bubble (or housing bubble for residential markets) is a type of economic bubble that occurs periodically in local or global real estate markets, and it typically follows a land boom or reduce interest rates. [1]
However, the SLA ruled that the adjacent land would have to be included into Shanmugam's tenancy in order for him to do so. Consequently, the land size of the property was revised to 23,164-square-metre (249,340 sq ft). [15] The clearance cost S$172,000, which was initially paid for by the SLA and later recovered through Shanmugam's rent.
Ask Rich Dad Poor Dad author Robert Kiyosaki and he'll tell you major shifts are underway in real estate and precious metals markets. Kiyosaki garnered fame dispensing personal finance...
Office vacancies climbed more than 5% in six of the top 25 US markets this year, according to CommercialEdge. Sale prices, meanwhile, dropped again, down 9% from the average price in 2023.
In 2020, Chinese Communist Party (CCP) general secretary Xi Jinping's government started to tighten the real estate market based on the principle that "property is to be lived in, not to be speculated on." [6]: 161 He had previously made this statement during the 19th CCP Congress and it became the basis of the three red lines rule.
The Council for Estate Agencies (CEA) was established on 22 October 2010 as a statutory board of the Ministry of National Development to regulate and develop the real estate agency industry in Singapore.