Overseas Property Investment

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

With improved price stability and supply balance, Canada’s real estate market should avoid a major price correction – despite a projected drop in sales. Sales are expected to drop because of anticipated interest rate hikes, and an overall sluggish economy. See the following article from Property Wire…

Further evidence has emerged that the Chinese government’s efforts to cool the housing market are finally bearing fruit. According to the government index of 70 cities, house prices fell 0.1% in June compared to May, the first month on month decline since March last year according to experts. Experts believe that this is the first [...]

The furore over the proposed demolition of Pudu Jail puzzles me. Very few cities have old dilapidated prisons smack right in city centres. Even “The Rock” which is the infamous Alcatraz is on an island of the US west coast, and was initially the first lighthouse and US Fort. Later, it became a federal jail [...]

iProperty.com Malaysia will present its Expo Luxury Collection 2010 at the Kuala Lumpur Convention Centre from July 30 to August 1, 2010. The three-day event, with a total exhibition space spanning some 6,000 square metres, features over 100 property developers showcasing over 300 developments across the world, iProperty.com said in a statement today. The expo, [...]

PETALING JAYA: Jones Lang LaSalle’s Global Real Estate Transparency Index 2010 report, which quantifies real estate market transparency, shows Malaysia slipping two places from 23rd in 2008 to 25th out of 81 countries, Jones Lang Wootton (JLW) said in a statement that Malaysia remained a “transparent” market and the third most transparent country in South-East [...]

Maharashtra is considering imposition of betterment charge and service tax on developers of residential and commercial complexes adjacent to the mega-infrastructure projects lined up in Mumbai. Besides, the state government plans to recover premium from builiders and developers for the sale of additional floor space index. The proceeds of such levies and charges would be [...]

The Canadian Real Estate Association has downgraded its growth forecast. This is no shock in the current climate, but what is shocking is that the CREA is now predicting that Canadian property prices will be falling again in 2011. The Canadian property market shocked the many people who thought it would be infected by the [...]

June 18, 2010 Acron Group, a Mumbai-based real estate company, has launched a nationwide chain of residential communities, Vivara Residences, for senior citizens. The company has set up Acron Senior Living as part of the diversified Acron Group, which is into property development, hospitality, infrastructure projects and retail. “We are developing a state-of-the-art society for [...]

The city happens to be among 11 in the country for which Reserve Bank of India (RBI) would prepare two realty indices — one each for commercial and residential properties. This is to curtail speculations and another realty bubble burst in the years to come. Two months back an RBI report on asset price monitoring [...]

Nicaragua has approximately 19,000 km of roads connecting the capital, Managua, to all major cities. The Pan- American Highway traverses the country from north to south. It is 370 km long and connects Nicaragua with Honduras and Costa Rica. The main highways have been refurbished substantially in the last two years, including the highways that [...]