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New York City Real Estate: A Safe Haven?

Remember the Great Recession of ’08? You know, the one where the housing market bubble popped and millions found themselves holding and sometimes even abandoning real estate whose value had plunged underwater, a few thousand leagues under the mortgage? Yeah, it’s not something you’d likely forget if you found yourself drowning in that whole mess….

What’s causing home prices in Malaysia to rise?

Malaysian authorities have recently banned the Developer Interest Bearing Scheme (DIBS) because it made residential prices more expensive. According to Bank Negara Malaysia (BNM) Deputy Governor Dr Sukhdave Singh, DIBS has helped home builders to sell houses. Under the scheme, home buyers need only to pay 10 percent of a property’s value upfront, while 90 percent…

Cambodia Property Awards 2016 winners: the full list

It’s the biggest event in Cambodian real estate, since, well, ever. Tonight the industry celebrated the best of the best of the Cambodia property sector together with a guest list that included nearly 300 of the kingdom’s top professionals and leaders such as His Excellency Dr. Pen Sophal, representative of His Excellency Senior Minister Im…

Next tallest building of ASEAN could soon rise in Phnom Penh

There’s a new candidate for the next tallest building in the region, to be located on a multimillion riverside development in Phnom Penh, Realestate.com.kh reported. Local authorities including the Department of Land Management Urban Planning and Construction, and the Phnom Penh government recently approved a revised plan to erect the building by 2019. The mixed-use…

Despite Global Economic Headwinds in 2016, U.S. Commercial Markets to Remain Resilient

Withstanding global economic headwinds, declining oil prices and recent volatility in equity markets, commercial real estate markets in the U.S. and certain regions of Americas are expected to fare well over the balance of 2016, according to a new Americas Outlook Report from CBRE Group. “The economic world is on edge, with heightened concerns about…

Two of Malaysia’s leading building associations make a green pact

Malaysian developers are being urged to go green by adopting the sustainability rating tool Malaysian Carbon Reduction and Environmental Sustainability Tool (MyCREST). This week, the Construction Industry Development Board (CIDB) Malaysia and the Real Estate And Housing Developers’ Association (REHDA) Malaysia entered signed a Memorandum of Collaboration (MoC) to promote low-carbon and sustainable practices as well…