Look to the past for a future on the Asian waterfront

Article Abstract:

Asian cities are undertaking waterfront developments that help attract tourists, liven up environment, promote economic growth and improve the community's quality of life. However, since it would take years to complete the project, a long time is needed to generate the profit and may also be a cause to require city governments and taxpayers to pay costly debts. The project may also cause damage to the city's quality of life and natural beauty. Ways on how to achieve the benefits and avoid costly mistakes in developing waterfronts were discussed.

Remodeling and renovation, Waterfronts

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Sales dry up as owners go into denial about price falls

Article Abstract:

Developers and investors in many of Asia's plagued real estate market, specifically Thailand, Malaysia, Indonesia and the Philippines, remain in denial about the implications of the plunging Asian currencies on the market. Many refuse to sell and, instead, developers and investors hope the uncertainty will end soon. Sluggish sales, higher interest rates and tighter credit lines have surfaced.

Other Financial Vehicles, Investors, not elsewhere classified, Investors NEC, Thailand, Real estate industry, Indonesia, Malaysia, Investors

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Makati's skyline sprouts towers in building boom

Article Abstract:

Makati, the business center of the Philippines, is seeing a boom in construction as business continues to be brisk. Property development is high with vacancy rates of 1% not expected to reach rates of higher than 10% even with the completion of new buildings. Properties in nearby areas are also being converted into business districts as prices of land and rent are expected to appreciate.

Administration of Urban Planning and Community and Rural Development, Urban Planning & Develop-Local, Construction industry, Metropolitan areas, Central business districts

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