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Oasis Serviced Suites photo

Oasis Serviced Suites

2
2
944

Off Jalan Lapangan Terbang, Ara Damansara, 47301, Selangor

RM 500,000

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Maisson Ara Damansara

2
2
935

Jalan PJU 1a/3, 47301, Selangor

RM 680,000

Luxury Living Awaits at NV 2911 Apartment photo

Luxury Living Awaits at NV 2911 Apartment

2
1
621

, 2911/380 Murray Street, Perth, Western Australia 6000, Australia

RM 2,061,793

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1120 Park Avenue

3
2
1,020

PJ South, 46000, Selangor

RM 430,000

RM 3,500

1120 Park Avenue photo

1120 Park Avenue

3
2
870

PJ South, 46000, Selangor

RM 435,000

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Kelana D'Putera

3
2
1,148

Jalan SS7/26, Selangor

RM 488,000

RM 1,100

RM 950

RM 1,500

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Vietnam: Ho Chi Minh City Rents Surge 20% in 2024 Amid High Demand Vietnam: Ho Chi Minh City Rents Surge 20% in 2024 Amid High Demand

This article is contributed by Dustin Trung Nguyen, Country Head of IQI VietnamThe cost of renting rooms in Ho Chi Minh City has risen by 20% in the first 10 months, reaching a minimum of VND3 million (US$118) per month, according to a report. This marks the largest increase in the past two years, based on data from property listing platform Nha Tot, which excludes "sleep boxes" and cage homes.As of last month, average rents had reached VND3.8 million, with some properties commanding up to VND6.6 million. Price hikes have been observed in most districts, from downtown areas to the suburbs. Despite the steep increases, demand for rooms and apartments in HCMC remains high. Inquiries for such accommodations in the third quarter increased by 16% to 60% compared to the previous quarter. The highest demand was recorded in Thu Duc City, home to many universities. Another property listing platform, Batdongsan, confirmed this trend, reporting a 38% year-on-year increase in inquiries for rooms in HCMC in October. Nguyen Hoang Uyen, CEO of Nha Tot, attributed the price hikes to limited supply. For example, in District 7, demand surged by 59%, but no new supply was recorded. She noted that many students are struggling to find affordable housing near their universities. "The price hikes are a major concern for students, especially those coming from other localities," she said. Dinh Minh Tuan, director of Batdongsan’s southern business division, explained that rising property prices in recent years have forced many prospective homebuyers to abandon their plans to purchase homes and opt for renting instead. This shift has increased rental rates for rooms. Additionally, authorities have tightened fire safety regulations, requiring landlords to make costly property upgrades. The average income of a Vietnamese worker in the first six months was VND7.5 million per month, a 7.4% year-on-year increase, according to the General Statistics Office.Stay updated on HCMC’s rental market trends—subscribe for expert insights and advice on navigating rising costs!read More

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Six New Trump Towers Coming to India: Luxury Expansion After 2024 Six New Trump Towers Coming to India: Luxury Expansion After 2024

INDIA TO WELCOME SIX NEW TRUMP TOWERS AFTER 2024 U.S. ELECTION WIN Following Donald Trump’s recent election victory, Kalpesh Mehta, founder of Tribeca Developers and Indian partner of the Trump Organization, has announced plans to bring six new Trump-branded properties to India. These projects, estimated at Rs 15,000 crore, will make India the largest market for Trump properties outside of the United States. The six new developments—planned for Mumbai, Pune, Gurugram, Bengaluru, Hyderabad, and Noida—will include residential and commercial spaces, along with India’s first Trump-branded golf and villa complex. The Trump World Towers label, reserved for the brand’s most prestigious projects, will add ultra-luxury appeal to some of these properties. Additionally, this expansion will debut Trump’s first large-scale office project in India, located in Pune, marking the brand's entry into the Indian commercial market. These properties are scheduled for launch announcements, with official openings expected in early 2025. Members of the Trump family, including Donald Trump Jr. and Eric Trump, are anticipated to visit India to mark the opening, a gesture highlighting the family's dedication to their brand’s growth in India. With its unique positioning, this expansion not only strengthens the Trump brand in India but also deepens US-India business ties as the country becomes a go-to destination for high-end real estate investment. India’s luxury real estate market is growing swiftly, with increasing investments from HNIs, celebrities, and NRIs, and this expansion is solidifying India’s status as a global luxury real estate hub. India’s APAC Office Market: Pioneering Growth into 2025 India’s office real estate market is setting a powerful pace in the Asia-Pacific region as demand accelerates and workspace priorities shift toward adaptability, productivity, and sustainability. With a substantial 14.4 million square feet of new office space introduced in Q3 2024, India now leads the APAC market, securing over 70% of total demand this quarter. Q3 2024 alone saw office leasing reach 17.3 million square feet, marking a 41% year-on-year increase and indicating that corporate expansion and back-to-office trends are gaining strength across sectors. Vacancy rates, maintained at around 17%, reflect a healthy demand-supply balance, providing tenants with competitive options and market resilience. Demand is diverse, with global capability centers (GCCs), tech firms, and Indian corporates continuing to fuel expansion. Coworking and flexible spaces have also seen a substantial uptake, providing versatile environments that appeal to both startups and established businesses.In 2025, India’s office real estate market is set to not only support the evolving workspace landscape but also strengthen its role as a global office space leader, with rental rates being higher than pre-COVID levels, particularly in metro areas. India’s APAC office market dominance is poised to continue as flexible and sustainable workspaces gain traction.Uncover key insights into India's December 2024 real estate trends. Find out what's driving sales, prices, and listings- read the full update here!Data extracted in December 2024Read More

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Canada Real Estate Insights: Toronto, Vancouver, and Quebec Market Trends Canada Real Estate Insights: Toronto, Vancouver, and Quebec Market Trends

This article is contributed by Yousaf Iqbal, Country Head of IQI CanadaIn October 2024, the Greater Toronto Area saw a strong increase in sales and new listings, although the overall price index declined. Meanwhile, Metro Vancouver experienced a rise in sales, but home prices continued to fall. Quebec’s real estate market observed increased listings but a slight dip in sales, reflecting a shift in supply and demand dynamics. These trends indicate a dynamic market where sellers are more active, yet price adjustments are ongoing across these regions. The overall landscape reflects a balance of strong demand and evolving market conditions.TorontoGreater Toronto Area (GTA) REALTORS® reported 6,658 sales through the Toronto Regional Real Estate Board(TRREB) MLS® System in October 2024—up 44.4% compared to October 2023. New listings also increased by 4.3% during the same period. The MLS® Home Price Index (HPI) Composite benchmark dropped by 3.3% year-over-year. However, the average selling price of $1,135,215 marked a 1% increase compared to October 2023. On a seasonally adjusted month-over-month basis, both the MLS® HPI Composite and the average selling price edged up slightly compared to September 2024.VancouverThe MLS® Home Price Index composite benchmark price for all residential properties in Metro Vancouver iscurrently $1,172,200. This represents a 1.9% decrease compared to October 2023 and a 0.6% decrease compared to September 2024. The total number of properties currently listed for sale on the MLS® system in Metro Vancouver is 14,477, a 24.8% increase from October 2023 (11,599). This is 26.2% above the 10-year seasonal average (11,475). Greater Vancouver REALTORS® (GVR) report that residential sales in the region totaled 2,632 in October 2024, a 31.9% increase from the 1,996 sales recorded in October 2023. However, this was 5.5% below the 10-year seasonal average (2,784).QuebecWant to navigate Canada’s evolving real estate market with confidence? Contact us for tailored insights and advice!Download here

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Philippines Property Market 2024: Trends & Insights Philippines Property Market 2024: Trends & Insights

PROPERTY MARKET: RESIDENTIAL A Sea Change The Metro Manila pre-selling condominium segment continues to see an extended remaining inventory life. This has compelled developers to take a more cautious stance and temper new launches in the capital region. While the central bank’s decision to cut interest rates bodes well for the sector, we do not expect the reduction to have an immediate impact on mortgage rates, which remain elevated. The headwinds in the property sector are prompting developers to continue offering innovative and attractive payment terms, as well as early move-in promos. Firms are also providing top-notch amenities and after sales service, which should help buoy demand in Metro Manila. The region continues to see a substantial number of unsold ready-for-occupancy (RFO) units. Developers are pivoting to stay afloat. More leisure-themed projects, including golf communities, are being launched from Luzon to Mindanao, injecting much-needed optimism into the residential sector, which is still suffering from elevated mortgage rates, high land values, rising prices of construction materials, and the exodus of POGOs.* RLC Buying PHP3.5 Billion Land for Taguig Project Robinsons Land Corporation (RLC) is investing PHP3.5 billion (USD 60.3 million) for the acquisition of a 61,761-square-meter (664,800-square-foot) land in Taguig City. The land will be developed into an integrated community called Bonifacio Capital District. The mixed-use project will be a joint venture partnership between RLC and the Bases Conversion and Development Authority (BCDA). Located beside the New Senate Building, the project will offer residential, commercial, office, hotel, and recreational spaces. Megaworld Allots PHP15 Billion for Ilocos Beachside Township Megaworld Corp. is investing PHP15 billion (USD 259 million) for the development of Ilocandia Coastown, an 84-hectare (208-acre) beachside township in Laoag, Ilocos Norte. The township will feature upscale residential developments, a shophouse district, a commercial district, a town center, and a 1.4-kilometer beachfront. SM Expanding Footprint in ClarkThe SM Group is allotting PHP2 billion (USD 34.5 million) for the construction of several hotels, a convention center, and a transport terminal in Clark, Pampanga. The terminal will connect SM City Clark to the upcoming North–South Commuter Railway (NSCR). Meanwhile, the group plans to add more hotels under the Park Inn brand over the next five years to complement the SMX Convention Center Clark.Uncover key insights into Philippines December 2024 real estate trends. Find out what's driving sales, prices, and listings- read the full update here!Data extracted in December 2024Read More

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