Asian Property: a Decade After the Crisis
Filed Under (Properties) by admin on 18-10-2009
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A decade after the 1997 Asian Crisis erupted, most housing markets in Asia are well on their way to recovery.
Boosted by strong economic growth and strong local and international demand, residential real estate prices in the Philippines, Singapore and South Korea rose by more than 10% in nominal terms y-o-y to Q1 2007.
In Hong Kong, after registering price falls in early 2006, the over-all residential price Read the rest of this entry »