Easing of mortgage rules in Thailand to increase loans by $1.5B
The loan-to-value ratio limit has been lifted to 100 percent to increase activity in the property sector
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Contributing WriterVietnam beach province reopens and prepares to welcome back tourists
Instructions for operations have been implemented to ensure visitor safety in all aspects
Maldives auditor office reviews rent numbers for social housing project
Leasing for MVR6,600 per month would have caused a loss of MVR1.1 million for each apartment
Australian economist forecasts property prices to drop as much as 5%
Price growth is expected to slow to eight percent in 2022
China plans to roll out a property tax pilot plan in selected regions
Legally owned rural homes will be exempted from the pilot plan, which lasts for five years
Indian developers redesign and digitalise office spaces with tech solutions
Developers also look into improving wellbeing and indoor air quality to help eliminate COVID-19 fears
Singapore’s residential market shows positivity with 18% increase in resale
Demand for residential properties has been resilient this year with the resale market dominating H1 2021
Digital economy to bring over $74 billion for Vietnam by 2030
A recent workshop reviewed Vietnam’s current situation and possible development of its digital economy
Hong Kong’s office space availability rate drops to 13.9% in Q3 2021
The city’s office rental market is gradually recovering, seeing “net absorption” for the first time in two years
Taiwan hopes to become an international digital business centre
The nation announced its fourth internet data centre to be launched by Chief Telecom
PropertyGuru Asia Real Estate Summit announces its ‘Data Revolution’ and speaker line-up for 2021 virtual edition
Global experts will deliver insights and practical studies on proptech, smart cities, and sustainable development
Malaysian ministry ensures better quality of life in public housing projects
Housing and local government minister says public housing projects must be affordable and livable
Japan’s condo market sees demand uptick, both new and second-hand sales
Sales started on a luxury project not far from Shibuya station, with the most expensive one at JPY600 million
Global bank expects China to stabilise property with policy easing
Policymakers are anticipated to further ease mortgage quotas in hopes to boost bank loans
Asian Development Bank plans for $66 billion in financing for climate mitigation
The lender will boost its climate financing goals and reduce carbon emissions in Asia by retiring coal-fired power plants
New South Wales aims to produce 110,000 tonnes of green hydrogen per year
The Australian coal-exporting state plans to offer an incentive of AUD3 billion to attract hydrogen projects
New COVID-19 cases cause dip in tourist arrivals to Macau
The tourism sector is disappointed as only 6,700 tourists arrived during Golden Week
Sri Lanka ranks world’s top five for wellness destination
The pandemic has induced people to pay more attention to mental and physical wellbeing
Cambodia improves digital infrastructure with digital roadmap 2021-2035
The Kingdom came in 108th out of 110 countries in the Digital Quality of Life Index 2021
Thai hoteliers prepare for tourism comeback as COVID-19 led to 71% unemployment
Industry players suggest the government relax restrictive conditions to help the return of foreign tourists
Leasing of office spaces in India’s top eight cities increase to 12.5M square feet
The sharp uptick can be attributed to economic recovery and workforce return to the office
China encourages banks to help the property market and homebuyers
Regulators asked financial institutions to refrain from cutting off funding to developers all at once
Vietnam’s famous Ha Long Bay buzzes with 1,000 intra-provincial visitors
Quang Ninh province aims to open the bay to visitors across Vietnam in November
Malaysian government releases new rules for housing programme
The Malaysia My Second Home was rolled out again in August with 10 new requirements
