Wednesday , April 26 2017

Real Estate

Real estate sector dominates Abu Dhabi foreign investment

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  Abu Dhabi / Emirates Business Foreign investors continue to pour billions into the Abu Dhabi real estate market, as new international standards and property regulations increase investor confidence in the sector. According to Abu Dhabi Securities Exchange (ADX) investors outside of the UAE pumped $40.3m last month into the ...

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Realtors investigated for Hong Kong overseas property sales

General view of land development at the Kai Tak area, which is the location of city's former airport, in Hong Kong, China March 14, 2017. Picture taken March 14, 2017. REUTERS/Bobby Yip

  Bloomberg Hong Kong’s securities regulator is investigating whether realtors selling overseas properties are illegally marketing investment plans, according to a lawmaker helping investors who lost money on such deals. Buyers argued that developments promoting guaranteed rental income are so-called collective investment schemes, which need approval from the Securities and ...

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China home price rises gain speed, defy purchase curbs

A residential compound is seen in Hefei, Anhui province, China, February 19, 2017. Picture taken February 19, 2017. REUTERS/Yawen Chen

  Bloomberg China home prices rose last month in more cities despite increased restrictions on property transactions by local authorities. New home prices, excluding subsidized housing, gained in February in 56 out of 70 cities tracked by the government, compared with 45 in January, the National Bureau of Statistics said ...

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Singapore eases property curbs after housing prices decline

FILE PHOTO -  People look out from the observation tower of the Marina Bay Sands amongst public and private residential apartment buildings in Singapore, February 22, 2016. REUTERS/Edgar Su/File Photo

  Bloomberg Singapore is rolling back some property-market curbs after a three-year decline in prices made homes more affordable in the city state. Shares of property developers surged after the surprise announcement by the government that stamp duty imposed on sellers will be reduced and some mortgage restrictions eased. City ...

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