The Citi Private Bank report commissioned by Knight Frank shows that the largest drops in residential property prices were in Hong Kong (-26.8%), the Home Counties (-19.4%), London (-16.9%) and Dubai (-19.1%).
More on Property Crash Hot Spots – London Dubai and Hong Kong
Singapore has 2 new MRT Stations ready. The Pioneer and Joo Koon Stations saw some 5,000 people attend their Open House on Saturday (yesterday) which was officiated by Senior Minister of State, Ms Lim Hwee Hua.
The Dubai International Property Show opened today with almost “no visitors” according to Property wire.
‘These are the difficult times and we must admit the reality and then find the solution,’ said Abdullah M Al Shizawi, managing partner of Heart of Capital.
More on Dubai International Property Show a Flop and Another Broker in Dubai Goes Under
