Private home prices look set for a welcome correction amid higher ABSD rates

April 27, 2023

IS THERE a crazy rich foreigner who will pay 60 per cent Additional Buyer’s Stamp Duty (ABSD) to buy a home in safe haven Singapore? It will take about 12 years of price growth at 4 per cent per annum just to recoup the ABSD payable.

Written by: sherwin@eyeconz.com

Real Estate News April 25, 2023

China Evergrande’s unit faces heat for not publishing 2021 annual report

CHINA Evergrande Group said on Tuesday (Apr 25) that its Hengda Real Estate Group unit and a company director were facing sanctions from stock exchanges for failing to publish its 2021 annual report.

Swedish home construction set to plummet this year, Nordea says

SWEDISH home construction is likely to plummet in the wake of falling housing prices, weighing heavily on the Nordic country’s economy, Nordea Bank Abp said in an outlook report.

Real Estate News May 9, 2023

New York’s smallest businesses face big rental hikes

THREE years after the pandemic flattened the Manhattan office market and the commercial ecosystem that depended on it, small businesses in the other boroughs are facing the biggest rent increases in the city. The burden is landing mostly on store owners in predominantly Black, Latino and Asian neighbourhoods, according to a new analysis of Department [...]

Since most property valuation is derived by a neighbourhood of reasons, we felt that there are no better ways of informing our clients than making sense of current affairs. We advise buyers and sellers throughout your real estate purchase or sale process, ideally looking out for you. Contact Us!

Private home prices look set for a welcome correction amid higher ABSD rates

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China Evergrande’s unit faces heat for not publishing 2021 annual report

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Swedish home construction set to plummet this year, Nordea says

New York’s smallest businesses face big rental hikes

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Since most property valuation is derived by a neighbourhood of reasons, we felt that there are no better ways of informing our clients than making sense of current affairs. We advise buyers and sellers throughout your real estate purchase or sale process, ideally looking out for you. Contact Us!