Vietnam Luxury property market frozen; Artificial house price inflation in the UK; Angola real estate investors stick to lower cost housing; DMCI builds a luxury resort in Boracay and the luxury market picks up again.
High end apartments sit empty in Hanoi.
The real estate market in Hanoi has warmed up slightly with more successful transactions in recent days. However, the high-end apartment market segment remains frozen.
The real estate brokerage office at 112 Nguyen Phong Sac Road in Cau Giay district is crowded with visitors. Ta Quang Chinh, the owner, reports that most visitors want to purchase land and low or medium-cost apartments. Chinh noted that high-grade apartment garner no interest. “There are many high-grade apartments, while there are no buyers,” he asserted.Vietnam net.
Dismal sales in the UK property market, but average sales prices on the increase.
We all know our government thinks we are stupid – that almost goes without saying, but the recent quietly released and not-talked-about figures from the Land Registry bear closer inspection than the government press release farms (newspapers) have given. Quite honestly – how any one makes an informed decision based on the misinformation and garbage being spouted is beyond me. Property investment.
Angola real estate investors eye lower-cost housing
Angolan real estate — once one of the world’s most expensive — now holds more promising investment prospects away from the top end of the market, according to real estate consultancy Colliers International. Reuters
DMCI Homes builds luxury resort-hotel residences
Just like the pristine island of Boracay – with its long stretches of fine sand, emerald waters, and clear skies – was once the avid beach-hoppers’ best-kept secret, the isle still holds a few things only a few know – some of which you can claim as your own. MB.com
High-end spenders again indulge urge to splurge
Claudia March has a taste for the finer things. She drives a 2010 BMW. For Gucci shoes and Prada handbags, she shops at Saks Fifth Avenue and Neiman Marcus. And the 38-year-old treated herself and her mother to a weekend at the Boston Park Plaza hotel for a spring getaway. Boston Globe
