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Search Result for “Bloomberg”

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PROPERTY

Bangkok's condo oversupply problem may worsen over quake fears

Bloomberg News, Published on 02/04/2025

» A condominium glut in Bangkok is set to worsen after a deadly earthquake in neighbouring Myanmar damaged thousands of skyscrapers in the Thai capital, spooking prospective buyers.

PROPERTY

Thai scion bets US-China feud will ease Bangkok property glut

Bloomberg News, Published on 19/09/2024

» Frasers Property Limited, controlled by Thailand's richest man, is banking on US-China tensions to help reduce an oversupply of office space that has plagued the country's capital.

PROPERTY

China new home prices fall at fastest pace in over 9 years

Reuters, Published on 14/09/2024

» BEIJING - China's new home prices fell at the fastest pace in more than nine years in August, official data showed on Saturday, as supportive measures failed to spur a meaningful recovery in the property sector.

PROPERTY

Major Chinese city scraps housing curbs as easing gains pace

Bloomberg News, Published on 09/05/2024

» HANGZHOU- Hangzhou, a major city in eastern China, removed all of its remaining homebuying curbs in the latest example of a local government pursuing aggressive easing to end the property crisis.

PROPERTY

Singapore home price rises slow, rents fall

Bloomberg News, Published on 26/04/2024

» SINGAPORE - Home prices in Singapore grew at a slower pace last quarter and rents fell, as the city-state’s property boom began to lose steam.

PROPERTY

Property perks ‘could lift GDP growth to 4%’

Reuters and Bloomberg, Published on 09/04/2024

» The economy could grow by slightly more than 4% this year, driven by measures to boost the property sector approved on Tuesday, the Ministry of Finance said, as the government attempts to revive economic activity.

PROPERTY

Foreign condo sales top pre-Covid level

Bloomberg News and Post Reporters, Published on 04/04/2024

» Chinese and Russians topped the list of foreign buyers of condominiums in Thailand last year, with visa waivers and geopolitical conflict driving demand above pre-Covid levels, according to the Real Estate Information Center (REIC).

PROPERTY

Tycoon's property unit sees earnings jump on tourism boom

Bloomberg News, Published on 26/03/2024

» A Thai developer of hotels and shopping malls controlled by Thailand's richest man expects the recent surge in international tourists to boost its first quarter earnings this year.

PROPERTY

Singapore home rents fall for first time in over three years

Bloomberg News, Published on 26/01/2024

» Singapore rents dropped for the first time in more than three years, giving respite to tenants on the back of increased housing supply and expectations for an economic slowdown.

PROPERTY

Singapore developer Frasers’ profit slumps on global downturn

Bloomberg News, Published on 11/11/2023

» SINGAPORE - Frasers Property Limited, a Singaporean multinational real estate and property management company, reported a significant drop in full-year profit as higher interest rates prompted fair value losses on commercial properties in the United Kingdom (UK), Australia and Europe.