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Singapore Moves To Chill Down Real Estate

Category: Real estate, Posted:27 Sep 2010 | 06:00 am

The Singapore Government is staging an intervention to slow down speculation amid growing concerns of a property bubble.
At the heart of the matter are concerns in the residential second home or investment sector. One of the key growth markets has been overseas buyers from mainland China which matches the trend felt in Hong Kong for the past few years.
Key moves are limitations on debt leveraging ratio's and a stamp duty penalty on property 'flippers' who only hold for one or two years before selling on and taking profit.
With interest rates remaining in a comatose state, anxious investors have been searching far and wide where to actually park money with a view to high returns.
Bangkok has also seen early warning signs of rampant speculation but for now the Government has been sidelined in domestic matters

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Direct Bali Phuket Flights Return in Phuket

Category: Hotels|Tourism, Posted:14 Jun 2024 | 08:15 am The once popular Phuket Bali flight route will see AirAsia restart direct flights from 10th August 2024. AirAsia Indonesia will be the carrier and flight frequency will be three times a week. Bali hosted nearly 600,000 international visitors in May with Australia ranking 22.5% share, followed by India with 11.3% and China on the rise […]
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Registration Open for Mind the Gap – Women & Diversity in Hospitality – A Learning Event

Category: Hotels|Tourism, Posted:13 Jun 2024 | 09:55 am Diversity, inclusiveness, and equality are core issues for the hospitality industry. C9 Hotelworks and the Phuket Hotels Association have organized a learning event titled ‘Mind the Gap, Women & Diversity in Hospitality on Saturday 31st August at the SAii Laguna Phuket. Join us in this unique, candid, and insightful half-day session that takes a closer […]
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Samui’s Booming Villa Rental Marketed Featured in New C9 Hotelworks Report

Category: Hotels|Real estate, Posted:11 Jun 2024 | 07:04 am Standalone villas shake up traditional hospitality supply as the market rises. Increasing demand for multi-bedroom accommodation growing, coupled with a preference for spacious and private villas according to new research from C9 Hotelworks in their new Samui Villa Rental Market Review. In recent years, private villas rented as vacation homes have emerged as a significant […]
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