Property News

Nurse with four children challenges the practice after landlords and letting agents refuse to rent to them Blanket bans on letting properties to families with children discriminate against women and are against the sector’s code of practice, the Property Ombudsman has ruled, after an NHS nurse and mother challenged the practice.Lexi Levens, 33, and […]

Some bystanders mistakenly thought the trees fell from a landslip event. Source : nzherald.co.nz/Property Read more…Owner of m Herne Bay cliff home: Pre-emptive pōhutukawa felling beat cyclone threat

The mortgage industry is now trying to factor climate risk into its residential underwriting, but the task is enormous and complicated. Source : cnbc.com Read more…Mortgage giant Fannie Mae tackles climate risk, but changes to underwriting may take several years

Banks will likely tighten lending after the collapse of Silicon Valley Bank and Signature Bank, experts said. It may be harder or more costly to get a loan. Source : cnbc.com Read more…What happens during a ‘credit crunch’ — and how you can prepare for one

Some residents don’t like the idea of having to live through any site development. Source : nzherald.co.nz/Property Read more…Metlifecare wants to demolish Remuera block for new hospital: some residents object

The Federal Reserve is expected to raise interest rates despite a crisis of confidence in the banking industry. Here’s what that means for you. Source : cnbc.com Read more…The Federal Reserve is still expected to go through with a rate hike. What that means for you

The property services unit of Sunac China Holdings cited the ‘recurring pandemic outbreaks and the continuous downturn of the real estate industry’, for loss. Source : South China Morning Post Read more…Sunac Services posts US.1 million loss for 2022, cites mounting pressure from China’s recurring Covid-19 outbreaks

The heavily indebted developer told a Hong Kong court it had the support of its overseas creditors for the proposed restructuring, and will publish the term sheets as early as Wednesday. Source : South China Morning Post Read more…China Evergrande aims for offshore debt restructuring agreement with creditors by end of March, Hong […]

I am 73, have an annual income after tax of £23,000 and my housing costs have soaredQ I am 73 years old with an annual income after tax of £23,000. My housing costs have soared, partly because of a cladding issue, so I do not have as much spare cash for holidays, theatre, art […]

New Private Home Sales in February 2023 Up Despite BSD Hikes, Government Pilots Singles Shared Room Facilities, and More14 to 20 March 2023 New private home sales in Singapore, excluding Executive Condominiums (ECs), increased in February 2023, despite the hike in Buyer’s Stamp Duty (BSD) for pricier residential properties. Meanwhile, the HDB is piloting a new […]

Demand for high-grade office space in top mainland cities is forecast to boom as economic recovery strengthens. Higher rents could follow, according to property consultancies. Source : South China Morning Post Read more…Banks, tech firms in Beijing, Shanghai, Shenzhen to drive demand for prime office space as China’s economy prospers

Latest Rightmove survey concludes market on ‘much more stable footing’ than many had thoughtAverage house prices have risen by nearly £3,000 this month as the property market continues to resist predictions that the UK’s lacklustre economic performance will cause a significant slump during 2023.Despite low growth and historically high mortgage rates, which have prompted […]

Sowing seeds and discussing the shape of the plot means that spring is really hereThe equinox tomorrow. British summertime next week. Gardens unleashed. It will soon be safe to sow spring things wherever you grow.Howard and I share impatience, though this is newer to him than me. We meet one afternoon with a yen […]

‘By 9.03am, they were all gone. By 9.05am, 260 qualified buyers were waiting to buy.’ Source : nzherald.co.nz/Property Read more…‘Sold out in 3 minutes’: 0,000-0,000 Northcote apartments snapped up

I’m the daughter of a microbiologist – which is why this crusade against unseen germs doesn’t impress meA few weeks ago, I finally plucked up the courage and went in … to the shadowy place at the back of the fridge where no hand ever goes (sorry if you were expecting something more daring). […]

Claire Basler has covered the walls of many of the rooms in her ancient château with exquisite floral muralsThe château of artist Claire Basler, nestled in the languid hills of central France, is filled with flowers inside and surrounded by them outside. Not only are flowers the favourite subjects of her paintings, they are […]

The decor of this period house in Rye, reflects the Georgians’ exuberant, hedonistic spiritGeorgian interiors tend to be decorated with quiet, tasteful dignity – all subdued hues and well-polished wood. But Nicola Gill, the owner of the Old Stout House in Rye, East Sussex, wasn’t fired up by this approach: “I didn’t want to […]

The report found that the top five most polluted countries in 2022 were Chad, Iraq, Pakistan, Bahrain and Bangladesh. Source : cnbc.com Read more…Here are the most polluted cities and countries in the world

The Catholic church | Spade confusion | Junior doctors’ pay | Pardon my English | T-shirt slogansYour editorial (13 March) claims that Pope Francis champions “the marginal, peripheral and excluded”. His church does not champion women, however, denying them equality and fertility control and refusing their participation as priests. You say that the pope […]

Hong Kong homebuyers steered clear of 111 flats on offer at Wheelock Properties ’s development at Kai Tak, the first project to be launched there since the government announced plans to build temporary housing units on the site of the city’s former airport. Source : South China Morning Post Read more…Hong Kong homebuyers […]

The longer, warmer days mean seeds sown later will catch up with the struggling seedlings that were started off in JanuaryThere comes a time in March when, for a few blissful days, it feels as though spring has arrived. Some people even dig out their shorts. And then the cold weather returns.We continue to […]

We would like to speak to people in the UK who have had an artificial lawn fitted amid a rise in sales of plastic grassArtificial grass has become increasingly popular since the pandemic with global sales predicted to reach £4bn by 2027.We are interested in speaking to people who have had plastic lawns fitted. […]

From a rags-to-riches brick workers’ alehouse to a pub that could once have served thirsty rope makers Continue reading… Source : theguardian.com Read more…Homes for sale in former pubs – in pictures

Even as the coronavirus pandemic shrinks into the rearview mirror, renters in the U.S. continue to owe nearly $11 billion in debt. Source : cnbc.com Read more…More than 5 million households still behind on rent — what to do if yours is among them

In a month, Ockham is due to open the new 117-unit Aroha at Avondale as its 16th block. Source : nzherald.co.nz/Property Read more…Ockham Residential finishes 15th Auckland building: 762 units built since 2009

Borrowing against retirement savings worked well for one financial advisor who needed a bridge loan for a down payment on a new house. Source : cnbc.com Read more…Here’s when taking out a 401(k) loan actually ‘makes sense,’ says advisor

I’ve found so many life-enhancing kitchen utensils on Instagram that I’ll have to share them with you. It’s the thoughtlessness that countsSometimes, in pursuit of a better life, I turn to the ads on Instagram, because the world is always better there. It has the gloss you get off a coffee table that’s just […]

Some landlords are hiking rents in response to requests for repairs – too many see their tenants purely as sources of profitThe flat was always going to be damp; they’d come to terms with that. But water dripping from the ceiling and fur growing on the walls seemed like a problem for the landlord […]

Li Ka-shing, Hong Kong’s richest man, has shown how a diverse portfolio of investments has helped his flagship companies thrive, even as his city was saddled by the most severe economic slump in decades during the Covid-19 pandemic. Source : South China Morning Post Read more…Li Ka-shing’s flagship companies post rise in net […]

The average price of a new home in 70 medium and large cities edged up 0.3 per cent in February, as favourable government policy restored some confidence to the beleaguered market. Source : South China Morning Post Read more…China’s home prices rise for first time in 18 months as supportive measures restore some […]

Lionel Messi’s agent and father seen in Riyadh, prompting speculation of imminent mega-money move to Saudi Arabia Source : arabianbusiness.com Read more…Lionel Messi to Saudi Arabia: Al Hilal ready to make 4m a year deal and revive Cristiano Ronaldo rivalry

UAE and South Korea establish closer diplomatic and business ties Source : arabianbusiness.com Read more…UAE to invest bn in South Korea

Oman’s Hydrom signs green hydrogen deals worth $20bn as it looks to achieve sustainable energy goals Source : arabianbusiness.com Read more…Oman signs bn hydrogen deals

Six businesses own 47% of villages and 63% of units: we name the giants of the sector. Source : nzherald.co.nz/Property Read more…Power List: Top NZ retirement village owner-operators, bosses listed

Shared electric scooters in Dubai made about one million trips in 2022, compared to 500,000 the year before Source : arabianbusiness.com Read more…Dubai records 1m e-scooter rentals in a year

Dubai Chamber of Commerce introduces business groups for gold trade sector Source : arabianbusiness.com Read more…Dubai gold: bn sector shines with new groups

Saudi Arabia’s PIF-backed ROSHN Group announces a major new residential development Source : arabianbusiness.com Read more…Saudi Arabia’s ROSHN announces major ALFULWA development to house 100,000 people

Saudi Arabia authorities find 4.7m amphetamine pills inside sanitary ware Source : arabianbusiness.com Read more…Saudi Arabia busts ‘drug smuggler’ with 4.7m amphetamine pills stuffed in sanitary ware

In December 2022, $1,981 was the typical monthly rent in the United States — a 7.4% increase from the year prior. Source : cnbc.com Read more…Rent control policies are gaining support nationwide. Here’s why economists still think it’s a bad idea.

UAE prize draw Mahzooz has announced the winner of its first guaranteed AED1m weekly prize draws Source : arabianbusiness.com Read more…Mahzooz in UAE: Indian expat wins first guaranteed AED1m weekly prize

Homebuilder confidence rose in March for the third straight month, but sales expectations over the next six months fell. Source : cnbc.com Read more…Homebuilders say demand is rising, but they’re concerned about a banking fallout

UAE ministry and pension authority meet to discuss Emiratisation targets Source : arabianbusiness.com Read more…More UAE workers getting pensions

Sharjah has paid of debts worth more than AED1bn Source : arabianbusiness.com Read more…Sharjah ruler pays off citizen debts

The software tracks individual’s unique walking patterns, along with physical movements and body shapes Source : arabianbusiness.com Read more…Dubai Police develop next-gen video surveillance biometrics, solve 3,000 crimes

Each year, the Forum of Young Global Leaders identifies the world’s most influential leaders under the age of 40 driving innovation for positive change across civil society, arts, culture, government and business Source : arabianbusiness.com Read more…World Economic Forum names Maktoum bin Mohammed in its Young Global Leaders Class of 2023

A recent survey found 9 in 10 recent first-time home sellers feel they could have sold their homes for more money. Here’s where they think they went wrong. Source : cnbc.com Read more…84% of recent first-time home sellers have regrets. Here are 4 mistakes to avoid

Updated timings have been announced including an array of activities and performances Source : arabianbusiness.com Read more…Global Village announces Ramadan timings 2023

The rate of fee increase is based on the results of the Itqan programme to assess the quality of school performance Source : arabianbusiness.com Read more…Sharjah approves 5% school fee hike for 2023-2024

Reduction in UAE real estate service fees slashed by six per cent Source : arabianbusiness.com Read more…UAE fees slashed, investors save millions

Ratings will be revealed in the full guide revealed on April 27 Source : arabianbusiness.com Read more…Gault&Millau reveals UAE best restaurants in 2023

The government also said 30 percent attendance is required on Fridays Source : arabianbusiness.com Read more…UAE announces mandatory remote work hours during Ramadan for public sector

“The station is not only a home for astronauts, but rather an international laboratory that enhances our understanding of the universe,” Neyadi said Source : arabianbusiness.com Read more…UAE astronaut Sultan Al Neyadi shares tour of space station

Saudi finance minister Mohammed Al-Jadaan said the same during the financial sector conference held in its second edition on Wednesday Source : arabianbusiness.com Read more…Saudi, Iran ‘great investment’ can happen ‘very quickly,’ says minister

Saudi Arabia Ramadan working hours revealed by Ministry of Human Resources and Social Development Source : arabianbusiness.com Read more…Saudi Arabia announces 2023 Ramadan working hours

Seychelles is set to host its first-ever FIFA tournament in 2025 Source : arabianbusiness.com Read more…FIFA Beach Soccer World Cup headed back to UAE

Demand for mortgages increased for the second straight week, despite some wide volatility in mortgage rates. Source : cnbc.com Read more…Mortgage demand rises despite volatile interest rates

Dubai Customs handled more than 5.5m bags in 2022 Source : arabianbusiness.com Read more…Dubai Customs thwart 133 smuggling attempts

The city’s public transport fares compared to 45 cities worldwide is among the cheapest globally Source : arabianbusiness.com Read more…Dubai public transport ranks among cheapest cities in the world

The off-plan market was a driving factor in fueling the country’s real estate growth Source : arabianbusiness.com Read more…Dubai’s residential real estate witnesses 43.8% surge in demand in February 2023

Other banks like JPMorgan Chase & Co., Citigroup Inc. and Wells Fargo & Co. also raked in billions in new deposits Source : arabianbusiness.com Read more…Bank of America reports over bn in new deposits within days after SVB collapse