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Hong kong needs fiscal stimulus plan says imf
Hong Kong needs to start preparing a “significant and immediate" fiscal stimulus plan if the worsening European debt crisis threatens to drive the city into recession, the International Monetary Fund announced this week, with the residential property market spearheading any policy changes.
Thu, Dec 15, 2011
Lending for spanish house purchases fell by 39pc in october
New loans granted by banks for house purchases in October fell 39% over the same month of 2010 and amounted to 2,745 million euros compared to 4,484 million euros in the same period of last year, according to provisional data published by the Bank of Spain.
Thu, Dec 15, 2011
R. Kelly's olympia fields mansion hits market for about $1.6m
Grammy-winning R&B singer R. Kelly has placed his 22,000-square-foot mansion in south suburban Olympia Fields on the market for $1.595 million.
Thu, Dec 15, 2011
Opp plans new chinese site launch for 2012
The OPP group is working on the launch of a new Chinese B2B real estate portal called www.opp-cn.com designed, says OPP chief executive Xavier Wiggins, to help “reach an increasingly wealthy Chinese overseas property sector that is on track to buy $50 Billion of overseas property all around the world in 2012 alone.”
Thu, Dec 15, 2011
Tom cruise wants to buy huge house in malta
Hollywood actor Tom Cruise is on the hunt to buy a luxury holiday home in Malta but has given his agency something of a mission impossible: The home must have a 200 square-metre living room.
Wed, Dec 14, 2011
Google invests in social housing
When you’ve the economic clout to buy a new company every week, you’re bound to begin diversifying your investments.
Wed, Dec 14, 2011
Us market showing signs of revival, say experts
The American residential market is starting to show signs of a revival say industry experts.
Wed, Dec 14, 2011
More tourist arrivals 'may boost mallorca property market'
The market for property in Spain may be boosted by increasing numbers of tourists touching down in the country.
Wed, Dec 14, 2011
Hout bay 'a hotspot for property investment in south africa'
Many property investors are interested in owning an apartment or house in Hout Bay, just outside Cape Town, it has been revealed.
Wed, Dec 14, 2011
Malaysian developers think singapore tax could favour them
Property developers in Iskandar, in Malaysia, have reacted positively to the news last week that Singapore is about to impose restrictions on overseas property buyers.
Wed, Dec 14, 2011