Falling short of the growth target in 2020 which was mainly due to the ongoing Covid19 pandemic, Indonesia now wants to restabilise the country by achieving economic growth of 4.5% to 5.5% in 2021. Presently, Indonesia is already engaged at many business fronts such as transforming some parts of their economy into circular economy, transitioningContinue reading “#Indonesia is trying to prop up their economy’s growth and create jobs for 1.2 million people by building more houses and commercial properties #RealEstate #Construction #SouthEastAsia”
Category Archives: Real Estate
Myanmar’s real estate sector has crashed as the result of ongoing political unrest #Realestate #Myanmar #SouthEastAsia
“Not only foreign investments but local demand will also drop because of the changing political situation. The construction and real estate sectors will run normally only when the political situation is stable.” said U Kyaw Kyaw Soe from the Myanmar Construction Entrepreneurs Federation. https://www.mmtimes.com/news/myanmars-real-estate-sector-crashes.html Myanmar Times reported that purchase and sales of real estate inContinue reading “Myanmar’s real estate sector has crashed as the result of ongoing political unrest #Realestate #Myanmar #SouthEastAsia”
Cambodia’s economy had been hit by the worst flooding in decades and the first community outbreak of Covid-19 #flooding #covid19 #Cambodia #Southeastasia
Cambodia’s economy had been hit by the worst flooding in decades and the first community outbreak of Covid-19. The flooding caused many roads to be damaged and disconnected, the logistics of cement and building materials were severely affected. As a result, construction in flooded areas had to stop. Moreover, with the first wave of theContinue reading “Cambodia’s economy had been hit by the worst flooding in decades and the first community outbreak of Covid-19 #flooding #covid19 #Cambodia #Southeastasia”
Indonesia government mulls over adoption of data science, data analytics and data governance tools to create relevant policies #DataCenters #DataScience #DataAnalytics #DataGovernance #Indonesia
The Indonesia government announced that they are thinking of transforming and transiting to being a data-driven organisation through the holistic adoption of data science, data analysis and data governance tools. The decision to adopt advanced analytic tools, is in line with their vision to continue to be relevant in a technology-driven age. With a digitalContinue reading “Indonesia government mulls over adoption of data science, data analytics and data governance tools to create relevant policies #DataCenters #DataScience #DataAnalytics #DataGovernance #Indonesia”
A real estate movement mulls transforming into an industry-wide advocacy coalition to amend Real Estate Service Act (RESA) #RealEstate #Phillipines
According to “A Better Real Estate Philippines” (Abrep) led by ABREP President Anthony Leuterio, the Chamber of Real Estate Builders Associations, the National Real Estate Association, the Real Estate Brokers Association of the Philippines, the Organization of Socialized and Economic Housing Developers of the Philippines and the Subdivision and Housing Developers Association have their ownContinue reading “A real estate movement mulls transforming into an industry-wide advocacy coalition to amend Real Estate Service Act (RESA) #RealEstate #Phillipines”
Manila’s appeal as property investment site declines
ULI said Manila had fallen in the rankings due to “Southeast Asia’s reputation as a high-risk play in times of global recession.” https://www.bworldonline.com/manilas-appeal-as-property-investment-site-declines/
Thailand cuts tax on land and buildings by 90%
The tax on land and buildings was cut by 90% while some registration and transfer fees were reduced to 0.01% from 1-2%… … https://realty.economictimes.indiatimes.com/news/industry/80473754
Blue Horizon Developments Partners with SolidBlock to Launch Thailand’s First Real Estate STO
The partnership between the award-winning property developer Blue Horizon Developments and SolidBlock, a portfolio company of BuiltUp Ventures, the leading PropTech venture capital firm investing in some of Israel’s most innovative startups, marks the first real estate securities token offering (STO) and the first real estate project to raise money on the blockchain in Thailand…Continue reading “Blue Horizon Developments Partners with SolidBlock to Launch Thailand’s First Real Estate STO”
Seeing green shoots of recovery in Phillipines real estate
The Philippine real estate industry is poised for a soft recovery this year, buoyed primarily by the continued expansion of the industrial and logistics sectors. Amid the COVID-19 pandemic last year, these two sectors were found to be the most stable asset classes given the increased e-commerce penetration and demand for warehouses, distribution centers andContinue reading “Seeing green shoots of recovery in Phillipines real estate”