Foreign Property News | Posted by Shwe Zin Win
A huge new project to build the world's biggest airport is underway in a city British tourists love, costing a whopping £2.1billion. As Dubai International Airport (DXB) approaches its maximum capacity, the UAE is in the process of formulating plans for its successor, set to be constructed on the outskirts of the city and anticipated to commence operations in the 2030s. The planned new airport for Dubai essentially already exists in the form of Al Maktoum International Airport (DWC), situated 23 miles southwest of the city, predominantly catering to freight planes. Currently, a few passenger airlines, predominantly of Russian origin, are utilizing the facility, and Aeroflot is...
Local Property News | Posted by Shwe Zin Win
[Unicode] ရန်ကုန်တိုင်းဒေသကြီး တောင်ဒဂုံမြို့နယ်ထဲမှာရှိတဲ့ သုခဒဂုံပြည်သူ့အငှားအိမ်ရာ တိုက်ခန်းတွေမှာ နေထိုင်ခွင့်ရရှိ သူတွေဟာ တစ်ဆင့်ပြန်လည်ငှားရမ်းမှုတွေရှိနေတယ်လို့ သုခဒဂုံပြည်သူ့အငှားအိမ်ရာမှာ နေထိုင်ခွင့်ရရှိဖို့...
Foreign Property News | Posted by Zarni Kyaw
ONE of the UK's biggest newbuild estates has been dubbed a ghost town despite more than 26,000 people living there. Around 1,200 homes have been built in Northstowe near Cambridge since 2017 - with 10,000 more planned. And while tens of thousands of people call the estate home, some say it's a "ghost town" without pubs, cafes, public toilets or a GP practice. But, others have defended it - and revealed why they love it. Dad-of-two Dan Greef, 42, is one of the locals who thinks the town is lacking a few things. He said: "We're now past a thousand homes, and all we've got is a post box. "If you want to shop you have to drive into Tesco in the next town or into Cambridge." He added: "At...
Foreign Property News | Posted by Si Thu Aung
Most luxury watchmakers aim to have their exquisite timepieces worn by the rich and famous. Recent developments, however, reveal their ambition to become an integral part of Dubai’s landscape as well. London Gate, UAE’s premier real estate developer, is assisting Swiss luxury watch manufacturer Franck Muller in reaching this milestone by linking it to Dubai Marina. This connection is symbolized by the launch of a luxury watch-themed skyscraper, the tallest branded residential tower in Dubai, standing nearly 1,500 feet tall and marking Franck Muller’s stylish entry into the world of real estate. (Eman Taha) Eman Taha, CEO of London...
Foreign Property News | Posted by Hnin Ei Khin
Saudi Arabia is building ‘The Line’, a mega-city in the desert that some people call a ‘horizontal skyscraper’. And it’s easy to see why – it really does look like a skyscraper that extends horizontally for miles across the desert, rather than vertically. The goal is to complete the project by 2030, and construction is well underway. This is like nothing we’ve ever seen or heard of before.It almost looks like a horizontally laid-out skyscraper, in a way, except it costs more – a lot more – than a skyscraper.The goal is to build a city that can fully support itself and accommodate up to nine million...
Local Property News | Posted by Aye Myat Thu
[Unicode] ရန်ကုန်-ဒလမြစ်ကူးတံတားကို Korea Econo-mic Development Fund(EDCF) ရဲ့ချေးငွေအကူအညီနဲ့တည်ဆောက်ခဲ့တာဖြစ်ပြီး ပြီးခဲ့တဲ့ (၂၀၁၈) ခုနှစ်ဒီဇင်ဘာလလောက်က စတင်တည်ဆောက်ခဲ့တာဖြစ်ပါတယ်။အဲ့ဒီနောက်ပိုင်း ကိုဗစ် (၁၉)ရောဂါအခြေနေကြောင့်ခေတ္တရပ်နားထားရာကနေ ပြန်လည်စတင်ခဲ့ပြီး အခု...
Local Property News | Posted by Shwe Zin Win
[Unicode] ပြီးခဲ့တဲ့ လပိုင်းတွေတုန်းက ဈေးနှုန်းဆက်တိုက်မြင့်ခဲ့တဲ့ ဒလမြေဈေး ဟာ အခုစက်တင်ဘာလထဲမှာ ပြန်လည်တည်ငြိမ်နေတယ်လို့ ဒလမြို့နယ် ထဲက အိမ်ခြံမြေအကျိုးဆောင်လုပ်ငန်းလုပ်ကိုင်နေသူတွေက ပြောပါတယ်။ ဈေးပြန်လည်တည်ငြိမ်နေပေမယ့်...
Foreign Property News | Posted by Shwe Zin Win
IOI Properties Group—controlled by Malaysian billionaire brothers Lee Yeow Chor and Lee Yeow Seng—is preparing to launch the sales of a prime residential tower in Singapore’s Marina Bay financial district, betting on resilient housing demand in the city-state despite rising interest rates. The Marina View Residences, comprising 683 condominium units with a gross development value of 8.56 billion of Malaysian ringgit ($1.8 billion), will be launched for sale in its current financial year ending June 30, 2024, the Malaysian company said in a regulatory filing this week. The company is building the tower on a 7,817-square-meter site it bought from a government auction...
Foreign Property News | Posted by Si Thu Aung
MORTIFIED residents in hundreds of homes will next month find out if their properties are to be demolished. A daft council blunder left 263 new builds in Crewe, Cheshire, without the correct planning permission. (Mortified residents in hundreds of homes will next month find out if their properties are to be demolished.Credit: Google) Countryside Partnerships got the green light to build 239 three and four-bedroom houses and 24 flats on the 17-acre brownfield site in December 2018. Named Coppenhall Place, the development sat on the site of former Bombardier train factory Crewe Works. But an issue surrounding contaminated land later cropped up and the council...
Foreign Property News | Posted by Shwe Zin Win
Embattled Chinese developer Country Garden (2007.HK) said on Monday its $100-billion project in Malaysia was proceeding as planned and it had sufficient assets, despite concerns about its financial strength amid debt woes. "Our company's projects in Malaysia are operating normally and the sales performance is strong," the developer's Singapore and Malaysia unit said in a statement, adding that its overall operation in the region was "safe and stable." "Various debt management measures are considered to actively resolve the pressure of periodic liquidity, to ensure the company's long-term future development," it added, without elaborating. Banks incorporated in the Southeast Asian nation...