News / Developers

Home Prices in UK Likely to Drop 8% YoY in 2023

Director of Halifax Mortgages, Kim Kinnaird, notes that the impact of the economic environment on the housing market will continue.

ECB Opens Nursing Home for Senior Artists

The chairman praises the fruitful cooperation with officials at the New Urban Communities Authority (NUCA) and the 6th of October City Development Authority in the implementation of the project.

Arab Developers Holding Partners with ADIB Egypt for Mortgage

The group reiterates that it focuses on providing its customers with more untraditional services, including mortgage finance that complies with Islamic Sharia's provisions and principles.

TMG Expands Madinaty’s Successes in 2022

Talaat Moustafa Group (TMG) successfully adds considerable achievements to Madinaty City during 2022, including organizing international sports tournaments and the inauguration of shopping malls.

El Batal Developments Inks EGP 60 Mn Contract with Egybel for Rock Gold Mall

The new mall is located in New Cairo’s Golden Square area and features various cafes, restaurants, and childcare areas, alongside shops of sweets, accessories, flowers, perfumes, eyeglasses, and clothes.

Chinese Property Companies Raise 33.4% YoY More Finance in December

The People's Bank of China states earlier this month that the floor on mortgage rates can be lowered or abolished for first-time home buyers in phases, in the case of cities where the selling prices of new homes fall on a monthly or yearly basis for three consecutive months.

Aldar Properties to Develop Sustainable City in Abu Dhabi

The first phase of the mega city comprises 272 condominiums and 240 townhouses. It will be offered for sale on January 19th.

Counsel Masters Enters Into 2 Contracts with City Edge Development

The first contract includes the management and operation of the second phase of the Mamshah Ahl Masr project.

Burj Khalifa’s Home Sales Rise 16% YoY in 2022

A total of 94 apartments are sold in the tower in 2022 with a value of AED 477 mn, according to data released by UK’s real estate agency Knight Frank.

Home Prices’ Growth Slows Down in Singapore During Q4 2022

According to data released by the Urban Redevelopment Authority (URA), home prices in Singapore inch up 0.2% YoY in Q4 2022, the worst quarterly data in the year.

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