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A group of estate agents has launched a new property website to rival Rightmove and Zoopla, which dominate the market. Called Onthemarket.com, it has been set up by a consortium of estate agency firms from around the UK. All agents that use the new site to advertise their properties for sale will automatically become part […]
China’s outbound investment wave continued to flow into Sydney as buyers from the mainland and Hong Kong acquired more than $1.23 billion worth of major assets during the last two months of 2014. Most of the investors were major mainland property developers looking to escape the dwindling returns of a slumping Chinese property market. Companies […]
Real estate crowdfunding has been growing more and more over the last couple of years, as it was also shown by our latest Crowd Valley Market Reports. This type of crowdfunding, which bases its roots in the US market, where the first dedicated portals started their activities, has increased by double between the years 2012-2013 […]
The idea of crowdfunding isn’t particularly new. In fact, it may be one of the oldest concepts in civilization. Think of crowdfunding a little like taxes, where individuals pay into a large managed pot for use towards the common good of the collective group. While crowdfunding is voluntary and taxes are compulsory, the concept is […]
For some Chinese investors, the first step to purchasing millions of dollars in property on the other side of the globe is a lot like ordering a new t-shirt online – search and click. Social media is the catalyst, connecting Chinese buyers and overseas agents. At least one prospective buyer entrusted an agent with $100 […]
In a sign of a tepid property market, 3,959 real estate salespersons (RES) chose not to renew their registration this year, compared to 3,382 who left last year. This is according to figures from the Council for Estate Agencies (CEA). As at Jan 1, after the latest renewal exercise, there were 30,830 “registered salespersons” or […]
Rich Chinese investors are the biggest buyers of high-end luxury real estate in New York. And on a national level, they replaced Canada as the leading foreign buyer of American properties. If they could buy Broadway and Park Avenue, they would. Rich Chinese investors are the biggest buyers of high-end luxury real estate in New […]
China is one of the fastest growing markets in the world, and has an ever increasing pool of Ultra high and high net worth individuals. China has seen a rapid growth of the number of such high net worth Households over the past 5 years, which has been matched with a similar growth of the […]
It will come as a relief to all those looking to buy or sell a home. Sharp practices such as gazumping could be a thing of the past, according to the founder of the first low-cost online estate agent, which is undercutting its bricks-and-mortar competitors. Russell Quirk’s digital business eMoov charges a flat fee of […]
Can the Singapore real estate market support a fourth property listing site? BY GETTY GOH Singapore Press Holdings (SPH) recently announced that it would be acquiring StreetSine Technology Group for S$30million for a 60% stake in the company. For start-ups entrepreneurs, this may seem like encouraging news as it puts the valuation of the whole […]
