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Investors in Indonesia are driving up the prices and values of property in the country and region as they shift more money into real estate from bank deposits, according to Housing Minister Yusuf Asy´hari in an interview with Reuters. Many wealthier investors are looking for higher returns than their low yield bank deposits, and real […]

Reports from the City of London indicate that there has been a rush from investment funds into Irish Banks. This is after the government of Ireland moved to quell a run on banks in the country when it guaranteed retail deposits for the next two years. Finance Minister Brian Lenihan indicated that all savings at

A property being developed by Sunrise Berhard has earned the country’s first Green Mark certification for a residential development. MK11 or 11@Mont Kiara earned the coveted certification of sustainable development, and the company has another property, Solaris on the Park, that has also earned the award. The Green Mark is issued by Singapore and currently

The high point of the tourist season is about to hit Phuket, Thailand and with it will come the opening of a new resort, Village Coconut Island. This five star resort is located on the beach of Koh Maphrao, which is Thai for Coconut Island and not far from Phuket. The resort opened to residential

Architect designed property built on a golf course seem to be a trend developing to help sell property abroad. Two examples are in Spain at Nuevo Portil and in Portugal at Bom Sucesso both developments combine superb golf facilities with well known architects and it may be the killer combination to sell overseas property  

Just south of João Pessoa on the easternmost tip of Brazil is the small fishing village of Carapibus. Here, the governments of both the state and country are investing heavily in infrastructure and tourism so that this is going to be one of the most popular areas in Brazil in the years to come. One

Rental rates on the world’s first man-made island development, the Palm Jumeirah, off the coast of Dubai, are soaring. The new properties on the island are proving to be even more popular than expected and more people are willing to pay to live there. According to several property and estate agents in Dubai, the high

In the US its seems there in no end to big company buy outs the latest take over comes from Citigroup which have agreed to buy Wachovia’s banking operations, a move that that would concentrate power within the nation’s banking industry in the hands of a few giant lenders.   Citigroup will absorb up to $42 billion of losses

Madeira is celebrating its 500th anniversary with many events and celebrations, including a visit from some of the world’s most famous tall ships. Funchal, on the southeast side of the island, is center of a year long celebration and is hosting the Funchal 500 Regatta. A fleet of some 25 tall ships will race from

The top US cities for house price appreciation have been rated by real estate market predictor HousingMarket.com and the Mississippi city of Biloxi is coming out on top for 2008. The city was heavily damaged by Hurricane Katrina in 2005, but looks to see a 4.9% appreciation in housing prices for all of 2008. The