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Tag: Global property portal

  • ASIA: The World’S Skyscraper Capital

    ASIA: The World’S Skyscraper Capital

    Global property portal looks at region’s sky-high towers.

    Home to the bulk of the tallest towers on the planet, Asia is without a doubt the world’s skyscraper capital. From Dubai to Shanghai, the region dominates the list of the world’s supertall buildings.

    Of the top 10 tallest towers around the world, just two – the recently completed One World Trade Centre in New York City and the Willis Tower in Chicago – are located outside Asia and the Middle East.

    Stacked one on top of the other, the 10 tallest towers in Asia would measure more than five km into the sky. These top 10 tallest towers are shown on a new infographic, released by global property portal Lamudi.

    With its towering commercial centres and tendency towards high-density living, China leads the world in skyscraper construction. Of the record-breaking 97 buildings measuring 200 meters high or taller that were completed around the world in 2014, 58 of these were located in China. This represents roughly 60 percent of the global total, according to figures recently released by the Council on Tall Buildings and Urban Habitat.

    The city of Dubai currently holds the title for the world’s tallest skyscraper. Reaching 829.8m high, the Burj Khalifa is the tallest artificial structure on earth. For those without a serious fear of heights, the super tower is also home to the world’s highest observation deck, located on the 148th floor.

    The Makkah Royal Clock Tower Hotel in Mecca, Saudi Arabia, is the region’s second tallest tower. Located close to the world’s largest mosque, Masjid al-Haram, the five-star hotel is designed to cater for Muslim pilgrims visiting the holy city. The structure has 76 state-of-the-art elevators offering easy access to the mosque for prayers.

    In third place is Taipei 101 in Taiwan, which stands at 508m and was once the tallest building in the world. The skyscraper’s unique design is based on the number eight, which is considered lucky in Chinese culture. The design was chosen to withstand the earthquakes and typhoons that are common in the country.

    Elsewhere in Asia, the Shanghai World Financial Center, the International Commerce Centre in Hong Kong and the Petronas Towers in Malaysia also make the top 10 list.

    Currently under construction in China is the 632m Shanghai Tower which, once completed later this year, will be the world’s second tallest building. However, at 660m, the Ping An Finance Centre in Shenzhen will overtake the Shanghai Tower in 2016.

    Set to reach 1km into the sky, the Kingdom Tower in Saudi Arabia will take the title of the world’s tallest building once it is completed in 2019.

    ABOUT LAMUDI

    Launched in 2013, Lamudi is a global property portal focusing exclusively on emerging markets. The fast-growing platform is currently available in 28 countries in Asia, the Middle East, Africa and Latin America, with more than 800,000 real estate listings across its global network. The leading real estate marketplace offers sellers, buyers, landlords and renters a secure and easy-to-use platform to find or list properties online. For more information, please visit http://www.lamudi.com.ph

    Visit  Lamudi Philippines on  Facebook, Twitter, Google+ and LinkedIn.

    REFERENCE & MEDIA CONTACT

    Rodel Ambas

    Head of Content and PR, Lamudi Philippines

    Email: rodel.ambas@lamudi.com.ph Phone: +63 917 3015127

  • Affordability Key Deterrent from Buying Property: Report

    Global property portal releases new research on real estate in the Philippines.

    Affordability is top of mind for Filipinos who choose not to buy property, with more than 60 percent of renters in a recent survey of online house-hunters citing cost constraints as the primary reason they leased their home.

    The findings are contained in new research from global property website Lamudi, which today released its first report on real estate in the emerging markets. The report, Real Estate in the Emerging Markets, provides a comprehensive overview of the property sector in 16 emerging countries, including the Philippines.

    The report is based on a series of online surveys conducted with house-hunters and real estate agents in each country, as well as onsite data from Lamudi’s global network of websites. The research examines the habits of online property-seekers, while offering insights into the future of the property sector based on interviews and surveys with local property experts.

    The customer survey examined house-hunting habits among buyers and renters. For renters, affordability emerged as the key reason why many Filipinos choose not to buy their own home. More than 60 percent of renters surveyed said they could not afford to buy property. For buyers, the main driver for owning property is security. Nearly three-quarters of buyers cited security as their primary motivation for purchasing a home.

    According to the survey of real estate agents, the country’s economic outlook is seen as the top constraint on the property market, reflecting current concerns about a potential slowdown. However, agents and brokers remain overwhelmingly optimistic about the future of the market. More than 90 percent describe their outlook for the next 12 months as positive.

    Lamudi’s Global Co-Founder and Managing Director, Kian Moini, said: “The primary conclusion that we have drawn from our research is that the future for the Philippine property sector is extremely bright. In fact, two-thirds of the real estate agents we surveyed are expecting growth of eight percent or higher in the property market this year. The country’s real estate market has emerged as one of the most promising in the Asia Pacific region.”

    The report features a series of in-depth interviews with key figures from the property industry of each country, including Jose Romarx Salas, Head of Research and Consulting at Pinnacle Real Estate Consulting Services.

    Mr Salas said the key challenge for the Philippine property market was finding enough land to accommodate development. “In Metro Manila, that’s the challenge: looking for suitable land. Some developers are even willing to bid high, which pushes up already skyrocketing land prices in the capital,” he told Lamudi.

    The 16 countries covered in the report are: Indonesia, the Philippines, Myanmar, Bangladesh, Pakistan, Sri Lanka, Jordan, Saudi Arabia, Nigeria, Kenya, Tanzania, Morocco, Ghana, Ivory Coast, Mexico and Colombia.

    The full report is presented in an easy-to-read online format, available for viewing on the Lamudi website. Visit www.lamudi.com.ph/research.

    ABOUT LAMUDI

    Launched in 2013, Lamudi is a global property portal focusing exclusively on emerging markets. The fast-growing platform is currently available in 28 countries in Asia, the Middle East, Africa and Latin America, with more than 750,000 real estate listings across its global network. The leading real estate marketplace offers sellers, buyers, landlords and renters a secure and easy-to-use platform to find or list properties online. For more information, please visit http://www.lamudi.com.ph

    Visit Lamudi Philippines on Facebook, Twitter, Google+ and LinkedIn.

    REFERENCE & MEDIA CONTACT

    Rodel Ambas
    Content Editor, Lamudi Philippines
    Email: rodel.ambas@lamudi.com.ph
    Phone: +63 917 3015127

  • Lamudi rolls out iOS App to Global Network

    Fast-growing property portal’s iOS app now available in 27 countries.

    International property portal Lamudi has rolled out its iOS app for property seekers in a further 11 countries, making the popular mobile application available across the company’s global network.

    The iOS app has been progressively rolled out in countries across Asia, Africa, the Middle East and Latin America since it was launched in June. The app, Lamudi: Real Estate for Sale & Rent, is now available for iOS users in 27 countries in the emerging markets.

    With the release of version 1.5, the Lamudi iOS app has been made available in the Middle East for the first time. The app is now available with right-to-left orientation for Arabic speaking house-hunters in Jordan and Saudi Arabia. Countries which already have the app will also benefit from improved speed and security for easier browsing.

    The iOS app was this week launched in: Algeria, Cameroon, Ethiopia, Madagascar, Mauritius, Mozambique, Rwanda, Zambia, Sri Lanka, Jordan and Saudi Arabia. Lamudi’s Android app was rolled out to 28 countries in the emerging markets earlier this year.

    Lamudi’s Global Co-Founder and Managing Director, Antonius Salis, said: “Our website now hosts more than 750,000 property listings around the world. All of these have been made available to iOS users through the updated Lamudi app.

    For existing users, we have also made several improvements to the overall experience. The app is now more secure and faster to use, making searching for real estate on the go even more convenient than before.”

    The app provides the perfect platform for house-hunters to rent, buy or sell property on the go. A key feature of the Lamudi app is its customised search function, which allows users to easily switch between the 27 countries available in the app.

    The app also provides match alerts, with users receiving a notification as soon as a property that suits their needs hits the market. House-hunters can bookmark their favourite properties to access at any time and on any device.

    All listings on the app feature high-quality photo galleries, detailed property information, maps, and multiple contact details for property owners or agents. Users can also share their favourite properties with family and friends via Facebook, Twitter or email.

    ABOUT LAMUDI

    Launched in 2013, Lamudi is a global property portal focusing exclusively on emerging markets. The fast-growing platform is currently available in 28 countries in Asia, the Middle East, Africa and Latin America, with more than 600,000 real estate listings across its global network. The leading real estate marketplace offers sellers, buyers, landlords and renters a secure and easy-to-use platform to find or list properties online. For more information, please visit http://www.lamudi.com.ph

    Visit Lamudi Philippines on Facebook, Twitter, Google+ and LinkedIn.

    REFERENCE & MEDIA CONTACT
    Rodel Ambas
    Content Editor, Lamudi Philippines
    Email: rodel.ambas@lamudi.com.ph
    Phone: +63 917 3015127