News: africa property investment

The most recent africa property investment news from a variety of international property news sources.

Kenyan Real Estate Prices Drop

Rising inflation and a growing difficulty for buyers to secure financing is slowing the growth of real estate prices in real terms in East Africa’s largest economy. The prices are on the rise but are still below inflation and expected to keep falling. Interested investors hope this will change…

Raptors View – ID: 4174909

Property ID: 4174909Hoedspruit, Limpopo Province, South AfricaGBP: 240,500Residential Property, House, 4 Bedrooms

UK Buy to Let Investment Thriving on Simple Economics

There is a question at the moment, like some sort of mystical force may be at play; over why the UK buy to let scene is currently thriving beyond belief. It is simple economics: Hardly anyone is buying a home right now, for reasons to be explained below. And home builders are hardly building, primarily [...]

International Property News Beat: Brazil’s Importance in South Florida, Hong Kong House Prices & Dubai Home Owners

UK: Rise in mortgage lending ‘fuelled by remortgaging’ [Guardian] UK government signs up builders, lenders for loan scheme [Reuters] Donald Trump: I want Sean Connery to open my golf course [Telegraph] Goldman Sachs’s Jonathan Egol Buys Manhattan Apartment for $3.72 Million [Bloomberg] Dubai homeowners face legal limbo over building upkeep [Arabian Business] Malaysian-born Chong among [...]

UEM Land to sell RM5b properties

SUBANG JAYA: Property developer UEM Land Holdings Bhd will start marketing properties with a potential gross development value of RM5 billion this year. Chief executive officer Wan Abdullah Wan Ibrahim said UEM Land has unbilled sales of RM1.5 billion that will be realised in the next two years. He said the group is also on [...]

Chinese Property Bubble: More Measures to Curb Foreign Investment

Back on board the China property market rollercoaster as we ride into 2011. Before the last stop we watch a sub-index of property stocks on the Shanghai Composite Index slump 28% at the end of last year on the promise of new property taxes to curb growth. Now as it seems unlikely the taxes will [...]

Brits Boost Cape Town Home Sales

The Cluttons South Africa home sales report indicates that 80% homes costing more than £550,000 sold in Cape Town during the last quarter of 2010 went to cash buyers. Foreign buyers, most of them British, accounted for 7% of home sales in Cape Town. This is the highest percentage of foreign home…

Chinese Property Bubble: More Measures to Curb Foreign Investment

Back on board the China property market rollercoaster as we ride into 2011. Before the last stop we watch a sub-index of property stocks on the Shanghai Composite Index slump 28% at the end of last year on the promise of new property taxes to curb growth. Now as it seems unlikely the taxes will [...]

South Africa to Ban Land Sales to Foreigners

This one is bound to have sent a few shivers down the overseas property industry’s spine. South African President Jacob Zuma is thought to be coming nearer to banning foreign ownership of land in the country. However, the ban may not be as alarming as the headlines read. “Land reform will now be based on [...]

UEM Land to retain Sunrise brand

KUALA LUMPUR: UEM Land Holdings Bhd will retain the Sunrise brand, while trying to integrate the different set of skills and expertise of both the former and recently acquired Sunrise Bhd. “Everybody is talking about our plans to integrate. My message is why should we want to disturb something that is doing well. Sunrise and [...]