High House prices and low returns Swiss Bank warns Taipei
High House prices and low returns Swiss Bank warns Taipei
Real estate prices in Taipei remain high and Taipei's rental return is among the lowest in the world, just over 1 per cent, UBS said yesterday. Investment in Taipei real estate should be cautious.
UBS held the 2014 Outlook Media briefing. Pu Yonghao, chief investment officer of UBS Wealth Management Asia Pacific, issued a warning about real estate in emerging Asia.
Real estate in Asia (excluding Japan) is likely to face deleveraging, he said, and cooling measures and new supply by governments pose adverse risks to the Asia-Pacific housing market.
He estimates that housing prices in Hong Kong and Singapore will fall by 10% to 15% and 3% to 6% respectively this year.
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Wanping Park blows too much and will be punished.
The Fair will punish three builders and one Fang Zhong, namely, Mingda Construction Company, Jiashilin Construction Company, Jiashanlin Fangzhong Company, and Renpin Company, totaling NT $1.2 million, mainly for false advertisements. Fair will say that Mingda Construction Co., Ltd. sells.
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American electronic exhibition sea push 120-inch TV
Hon Hai made 120in UHDTVs at the US consumer electronics show CES. Industry insiders say Hon Hai will continue to actively deploy large-size televisions this year to create a soft-hard integrated ecosystem. VIZIO shows 120-inch ultra-high definition TV at the Consumer Electronics Show (CES).
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