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London House Prices Forecast to Plunge as Brexit Chokes Market

London property prices are set to fall next year as uncertainty about Britain’s exit from the European Union damps the U.K. housing market, according to the Centre for Economics and Business Research. London, and especially the priciest areas of the capital’s housing market, will be most affected, with prices dropping 5.6 percent in 2017, according […]

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Uncertainty hovers over Saudi Arabia residential property market

House prices in Saudi Arabia will stutter over the coming year as investors and lenders wait out the effects of economic uncertainty and new government reforms on the kingdom’s residential property market. Analysts at the Jeddah asset management and investment firm Alkhabeer Capital said that in the near term rental demand would increase “as home […]

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Singapore luxury property ‘cheap’ for rich multinational buyers, pros say

All the obstacles facing Singapore’s property market might not be cleared, but one dark cloud over the luxury end has disappeared, analysts said. Singapore’s extremely-high-end properties are now cheap compared with similar luxury properties in other major capital cities, according to Brandon Lee, a property analyst at JPMorgan in Singapore. After a 15-25 percent drop […]