Property prices in China still continue to rise

Across the globe, while experts discuss the reasons there is a financial stagnation in China, the home market in continues to experience a boost in prices.

Records reveal that the nation's economy grew by 7.5 % in Quarter 2 which was lower than the 7.7 % signed up in Quarter one. In contrast, a report on the Global House Price Index by Knight Frank revealed a 10 % increase in the expense of properties over the first half of 2013.


Office market development in South East Asia increase up to 0.5 % in the 3rd of 2013

Over the next 3 to 6 months, prime workplace market performance in Asia Pacific is most likely to reflect some of the unpredictability surrounding the area's economy, according to the latest index report from Knight Frank.

The index returned to positive growth in the third quarter of 2013, up by 0.5 % following a 0.1 % drop in the previous quarter with Jakarta's premium Grade An office market taping a 28 % boost, the greatest quarterly development on record.

Regardless of this, only 8 of the 19 prime workplace markets tracked saw prime rents increase in the third quarter of 2013 and although rents are expected to remain to rise going forward, the company expects this to moderate due to new supply and a stagnation in the economy.


Phillippines holds first Property Awards

The Philippines held its first Home Awards on Sept. 30, with 17 developers and property-related companies being the recipients of the awards. The gala dinner and awards performance event was held at Fairmont Makati Hotel.

Terry Blackburn, chief executive officer of the organisers, Ensign Media, said the Philippine awards belong to the South East Property Awards. She included that the Philippines was their place of option for the awards because the country has the most exciting arising real estate market in South-East Asia. She mentioned the recurring premium quality developments all over Metro Manila and popular resort locations such as Cebu and Boracay as evidence of their choice in opting for the Philippines for the industry honors.


Hong Kong likely to see costs and sales fall in 2014 but China still faces bubble

Sales and prices of residential property in Hong Kong are expected to fall in 2014 due to continued cooling measures while in mainland China radical long term measures may be needed to cool the market.

Sales in Hong Kong are likely to fall to 45,000 to 50,000 next year compared with around 53,000 this year and over 80,000 in 2012. The prediction, from Thomas Lan, director and head of research and consultancy at Knight Frank's Hong Kong office, means sales will fall below the last low of 2003 due to the SARS virus scare.


Top 5 Residential Property in Southeast Asia 2014

Southeast Asia's home markets are poised to see a rise in financial investment in 2014, according to a study of 250 local realty designers and investors conducted by the Urban Land Institute. The 2014 "Emerging Trends in Realty: Asia-Pacific," released today in Hong Kong, detailed Manila as Asia's top spot for residential-property development in the coming year. Jakarta was available in 3rd, Bangkok fifth and Ho Chi Minh City 10th.

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