The prolonged decline in international arrivals to Cambodia intensified by renewed Covid-19 fears has driven down condominium sales prices and rental rates in Phnom Penh, a research report said.
Capital investment in the construction sector climbed 13.26 per cent year-on-year to more than $3.84 billion in the first half of this year, the Ministry of Land Management, Urban Planning and Construction said in a report.
Cambodia's real estate sector is performing well as usual although the Covid-19 crisis has slowed down home sales activity, Prime Minister Hun Sen said via Facebook on Tuesday.
The Indonesian government’s housing subsidy programme designed to resolve the country’s mounting backlog might backfire by hampering property industry growth and leading to the construction of lower quality homes, the World Bank has
The property industry in Ho Chi Minh City, and in fact Vietnam in general, faces several problems that need urgent solutions, especially with regard to legal provisions.
The property market in the Malaysian state of Malacca is stable despite the adverse impact of Covid-19, said the Real Estate and Housing Developers Association Malaysia (Redha).
Vietnam's Ministry of Construction’s proposal to allow foreigners to buy tourism property developments in the country needs careful consideration, experts have said.
Amid unprecedented delays, disruptions and uncertainty in the construction sector set on by the Covid-19 pandemic, the Arakawa Residence project, an affordable housing development project, is moving faster.
Guangzhou, in China’s southern Guangdong province, has become university graduates’ favourite city in the country, Securities Times reported late last week.
Phnom Penh welcomed 583 investment projects worth $1.37 billion during the first five months of the year despite the Covid-19 pandemic’s impact on the construction sector, Municipal Department of Land Management, Urban Planning and