Industries: Real Estate

REM is independently owned and operated, and is not affiliated with any real estate affiliation or board. Get TheDaily News Egyptlatest news onreal estate, development, property market, luxury properties, mortgage loans and interest rates. Of the whole registered properties in August 2023, residential units constituted eighty per cent, whereas the remaining 20 per cent was non-residential property. As per the true estate consulting company report, in the Central and Western suburbs of Mumbai, patrons are upgrading within their own micro markets. Around 75% of Western suburb buyers and 84% of Central suburb purchasers decide to speculate within their familiar micro market.

  • While the property sales market declined notably throughout 2023 due to the spike within the interest rate, the rental market soared as many would-be buyers turned to rentals for extra affordability and reduced risk.
  • We anticipate the exceptionally excessive demand to proceed,” Ferrara and Orrigo said.
  • With its coastal yet neighborhood feel and array of inexpensive homes on supply, this up-and-coming Melbourne suburb has seen a new wave of patrons recognise the locale’s potential.
  • U.S. new-home gross sales rose 1.5% to an annual price of 661,000 in January, from a revised 651,000 within the prior month.

Extensive coverage of the latest property news 2024 tales ranges from Singapore HDB property news, Singapore rental property news, landed property news Singapore, industrial property news Singapore and extra. THE latest land betterment charge charges unveiled on Thursday reflect Real Estate News the polarised efficiency and sentiment in the private condominium… A local logistics firm purchased 1.5 hectares, whereas an automotive-related business entity secured a land area of 3,000 sq m.

White Street Residence – Ph

The upcoming infrastructure facelift will act as a catalyst for residential activity within the affect zones. Catchment areas along project corridors will witness vital capital worth appreciation, attracting buyers and end-users alike. And over in the rental market, it’s “The Hunger Games,” as rents skyrocket and would-be renters in cities throughout the nation compete with dozens of different applicants. Timesproperty is an organization with wealthy expertise in real estate advisory. As said earlier, institutional interest was an enormous contributor, but finish customers proceed to drive latent demand in the sector, particularly after the pandemic that changed buying preferences and brought in a sense of possession amongst patrons.