A central part of Mongolia’s ambitious New Development Programme (NDP) is the “100,000 houses” project. The aim of the scheme is simple – to construct 100,000 units of affordable family housing across the country, with the majority of these – 75,000 units – being built in Ulaanbaatar. Completing this programme will likely be one of the most...
Thanks to rapid economic growth and the unleashing of rising demand, Mongolia’s real estate sector is currently experiencing something of a comeback. Centred on and dominated by Ulaanbaatar, the market has experienced a strong growth in activity as well as yields in 2010-11, with the expectation that this expansion will continue into 2012.
With surging economic growth and a substantial amount of pent-up demand, Mongolia offers a wide range of opportunities for construction firms and investors. Indeed, figures from the third quarter of 2011 showed the sector expanding by a staggering 67% year-on-year (y-o-y) by value, up from 38% y-o-y growth in the second quarter. A wide variety of...
Though investors have tended to focus solely on Ulaanbaatar when it comes to real estate development, the country also has a number of potentially promising second- and third-tier conurbations. Indeed, the nation’s mining surge is increasingly a determining factor in the development of urban centres outside the capital, both as new settlements...
It is almost an universally held opinion in Indonesia that a long-promised land-reform bill will be a major catalyst for growth. After several years of delays, the reform, to make land seizures for public works easier, was finally passed by parliament on December 16, 2011. It is expected to take effect by January 16, 2012. This new law is the most...
The real estate market has been focused on Jakarta for a long time, with a few other focus areas: Bali as a location for holiday homes, some industrial hives near resources and ports, and a few other exceptional areas. However modern development is starting to move beyond those areas. Several bedroom communities have sprung up to the east, west and...
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