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Australia World's Most Overvalued Property

Category: Real estate, Posted:14 May 2011 | 06:00 am

Don't' shoot the messenger with the headline but the Economist publication has said Australia is the world's most overvalued housing market.
Perhaps the most glaring example of the possible volatility ahead is the Sunshine Coast where market values have dropped by over 20% over the past 36 months.
Another key resort destination Brisbane and the Gold Coast has seen a ripple effect with a disconnect between the evolving supply chain and demand cycle.
Despite the negative sentiment, CBD property in key cities such as Sydney and Melbourne remains on a journey upstream and values rising.

Other News

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Thailand’s Sandbox Is Not A Quarantine

Category: Tourism, Posted:12 Jun 2021 | 10:45 am As we are 19 days away from Thailand’s Sandbox tourism reopening in Phuket, there continues to be a misunderstanding of the overall rules and the term quarantine is incorrectly used. Quarantine by definition is isolation, whereby Sandbox travelers will be able to move throughout their hotel, visit beaches, restaurants, shops etc. Remember Phuket is about […]
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C9 Hotelworks Releases New Krabi Report

Category: Hotels, Posted:07 Jun 2021 | 06:00 am Comparing major Southern Thai resort destinations, Krabi is one that historically balances well between the international and domestic markets. In the new Krabi Hotel Market Update from C9 Hotelworks, we take a look back at pre-Covid trading to examine from what point hoteliers hope tourism will upcycle towards recovery and what will the trends be. […]
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SHA Plus Program In Focus

Category: Hotels, Posted:06 Jun 2021 | 13:17 pm A key part of the upcoming Phuket Sandbox reopening process is the requirement for incoming international travelers to stay in an SHA Plus hotel for 14 days, or shorter if only visiting the island. Those who want to travel onward to other destinations in Thailand can proceed after a 14-day period. As travelers are scrambling […]