sudobash

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So far sudobash has created 18 blog entries.

CBD Rental Rebound May Prompt Some Firms to Relocate

The anticipated recovery in prime office rents in the Central Business District (CBD) next year may prompt some firms to consider relocating to cheaper areas, said consultancy Cushman & Wakefield. It expects the gap in rents between Grade A offices in the CBD and suburban space to widen to 85 per cent next year and [...]

By | April 28th, 2017|News|0 Comments

Now first-time buyers are being squeezed out of London’s outskirts

High levels of house price growth in the outskirts of London are squeezing out first-time buyers from areas once seen as affordable. In some neighbourhoods, such as Croydon, Sidcup and Charlton, the price of a one-bedroom flat increased by more than 21pc in 2016, according to JLL. These high levels of growth are concentrated in [...]

By | April 27th, 2017|News|0 Comments

Hong Kong would Surpass New York as Top Destination for Mainland Real Estate Money

Hong Kong is likely to surpass New York City as the top destination for mainland real estate investments this year, backed by a record-high level of transactions in the first quarter, says Colliers International. Total transactions of mainland investments in Hong Kong real estate in the first three months of 2017 surged 213 per cent [...]

By | April 26th, 2017|News|0 Comments

Upcoming District 9 condos to stir buying interest

Two prime condominium projects are slated to hit the market in the second half of the year amid a significant pick-up in new private homes sales recently. Analysts say the District 9 projects - GuocoLand Group's Martin Modern and New Futura by City Developments (CDL) - are likely to interest local and foreign buyers if [...]

By | April 25th, 2017|News|0 Comments

Sydney property prices rise almost 20% in past 12 months

Melbourne close behind with a spike of 17.5% but ratings agency warns that a rising number of homeowners have fallen behind with payments. Sydney property prices have increased by almost 20% in just 12 months, putting the city at the front of a nationwide trend that has seen dwelling values increase by 12.9% on average. [...]

By | April 20th, 2017|News|0 Comments

Real estate: Property boom builds across south-east Australia

South-east Australia's property boom is rolling on, with Sydney posting its biggest annual home price increase since 2002, and Melbourne, Canberra and Hobart hot on its heels. CoreLogic's March home value index showed an 18.9 per cent rise in Sydney prices over the past year, including a 5 per cent rise over the first three [...]

By | April 13th, 2017|Uncategorized|0 Comments

Here’s Why Hong Kong Housing is So Expensive

Hong Kong was recently ranked the most expensive housing market in the world for the seventh consecutive year, according to the annual Demographia International Housing Affordability Survey. The survey, which divides median house prices by gross annual median household income, found Hong Kong to clock in at 18.1. So, on average, if someone makes $50,000 [...]

By | April 10th, 2017|News|0 Comments

Hong Kong Still Most Expensive Office Market in the World

According to CBRE Group, Inc.'s new Global Prime Office Rents survey, Hong Kong is the world's highest-priced office market while European office markets showed the most consistent growth in prime office rent, mostly due to a lack of supply. Belfast (up 25 percent year-over-year) led the way among the 121 cities surveyed. Hong Kong had [...]

By | April 7th, 2017|News|0 Comments

Unwinding property curbs gives Singapore developers new headache

Singapore's recent unwinding of some property curbs, which initially appeared to boost prospects for developers, may instead be creating new problems. After regulators closed a tax loophole that allowed developers to offload apartments in bulk to institutional investors and wealthy Singaporeans, many of the city's builders now face an unpalatable choice: discount unsold luxury homes [...]

By | April 3rd, 2017|News|0 Comments

China’s Property Bubble Represents a Social Risk: Renowned Chinese Economist

China faces the risk of youth disenchantment as property prices rise beyond their reach, a renowned Chinese economist said Friday. "In a regular country, wealth should be concentrated in the financial markets, not fixed assets," said Renmin University of China Vice President Wu Xiaoqiu at a media interview at the Boao Forum in the province [...]

By | March 27th, 2017|News|0 Comments