Eight more condominium projects have been completed and placed onto the housing market in the first half of this year, bringing the total condominium supply in Phnom Penh to over 16,000 units, according to a report by property firm
The residential and non-residential buildings sector in Singapore will grow at 3.2 per cent this year and 2.3 per cent next year, supported by a strong pipeline of planned projects, according to Fitch Solutions Macro Research.
The EU-Vietnam Free Trade Agreement (EVFTA) will have a positive impact on Vietnam’s real estate market, especially the industrial real estate, experts said.
With housing prices in Seoul showing clear signs of rebounding, the South Korean government is considering taking steps to rein in the overheated market.
Growth in the Kingdom’s construction sector has buoyed demand for cement and bricks to about nine million tonnes this year, causing prices to increase by some 10 per cent, data from local manufacturers said.
Land prices in Phnom Penh’s Prek Pnov, Dangkor and Chbar Ampov districts have seen a sharp increase during the first six months this year, a report issued by Key Real Estate said.
Construction projects completed in the Kingdom since 2000, today have a total value of more than $44 billion, according to Minister of Land Management, Urban Planning and Construction Chea Sophara.
China's real estate market is expected to usher in a new period of adjustment during the second half of this year, Economic Information Daily reported.
Indonesia's Public Works and Housing Ministry is campaigning for the sale of houses to millennials with government subsidies amid soaring house prices this year.
Cambodia's booming property sector is facing more scrutiny after the collapse of a Chinese-owned seven-storey building early on Saturday in Sihanoukville that left 28 dead and 26 injured.