Reading Time: 2 minutes Real estate agents can make even the most unattractive properties sound tempting, by using buzzwords which often hide the real meaning. So how can you decode classifieds to find out what a property is actually like? We have translated 10 of the most overused buzzwords in the real estate industry, to help house-hunters to recognize when agents are exaggerating. 1. “Quaint” If a property listing describes the house or apartment as ‘quaint,’ the chances are high that in reality it is small. If the size of the house is not specified in the advertisement, you can be sure that the quaint property is not very spacious. 2. “Near transport”   Whilst it’s important for a house to be well-located, with transport links not too far away, near transport can often be interpreted as noisy. More specific details about the distance from train tracks or busy main roads will reassure house-hunters.…

Reading Time: 2 minutes In one of our recent estate agent surveys, the theme of market absorption rate appeared frequently. It is a term that people kind of fear, mostly because they assume you need a degree in economics to get your head around it. That is not true at all, and in this blog post, we will take you through the finer point of this much talked about real estate term. Market absorption rate is the number of months it would take to sell all the homes that are listed for sale if no further homes were added to the listings. So say the rate in Dhaka is 6, that suggests it would take six months to sell all the remaining houses that are listed, albeit with no other homes listed in the interim. When you are looking for a new real estate agent like ABC Real Estates Limited a good question to…

Reading Time: < 1 minute Asia is on its knees. China, the behemoth, has fallen and the domino effect has put many of its neighboring countries off course. As exports ween across Asia, Bangladesh has bucked the trend. The country just recorded its highest monthly exports in history. A Bloomberg report accounts for $3.2 billion in exports for Bangladesh in Dec. 2015, a record-breaking figure. The World Bank predicts growth of upward of 6.7% in 2016, which places the country in the group of the world’s fastest-growing economies. More than 83% of the $3.2 billion came from clothing, a figure of $2.67 billion. Bangladesh is number two in the world for exporting clothing, only behind faltering China. Most of the textiles go to the EU and the US. Imports from the United States went up 16% year on year to November 2015, with the success of H&M playing a large part in that. One thing…

Reading Time: 2 minutes The online property marketplace releases its cutting-edge market analysis Did you know Bangladesh is the fourth fastest growing economy in South Asia? 50 years after independence, Bangladesh has performed impressively in economic terms. Six percent growth in the gross domestic product has been sustained for several years; no mean achievement. Our real estate market report takes an in-depth look at the market, with expert analysis and projections. The report is a useful reference guide for those looking to invest in the country and who want to look at patterns to spot potential. The whitepaper focuses on a few key themes: 2014 vs 2015 trends, online trends, real estate prices, foreign investment, demographics, changes in law, the rise of sustainability and what 2016 will hold. There are some interesting findings with regard to mobile penetration. At 30 percent of the country now with access to the internet, the potential for further…

Reading Time: 2 minutes Right, the pressure is on. The day when the corporate world wields significant power over the consumer. They know if you fail to subscribe to this day of celebration you will be shunned by the romantic world and maybe, more importantly, your loved one. So, on that note here are 10 ideas to inspire you. Time is running out. Personalized puzzle This gift will keep you and your lover occupied for hours. Just provide the address where you met and order online. You will receive a one-of-a-kind ‘We First Met’ puzzle in the post, the puzzle pieces even spell out I love You. Dazzling bouquet with secret meaning Flowers are the classic gift and have been gifted to lovers since Victorian times. The language of flowers was used to send secret messages in clandestine times. A bouquet of stargazer lilies and hot pink roses wrapped in a purple ribbon will…

Reading Time: < 1 minute 2.2 million families across Bangladesh are set to benefit from Prime Minister Sheikh Hasina’s housing project–One House One Farm (Ektee Bari, Ektee Khamar). The project is a poverty reduction initiative launched by the Government of Bangladesh to alleviate the plight of the destitute through income-generating activities and e-financial inclusion. The idea is to create a sustainable income for the poorest of the country through an initial investment, and a subsequent reinvestment by farmers into food production and tertiary activities. Without a source of income these people have no purchasing power; so the project seeks to rectify that with $5 million families included by 2016 and 81,000 cooperatives established. The project was launched in 2010 with a budget of $153 million to cover 9,640 villages and some 47,000 people. Funding after revision was increased to $400 million to cover 40,527 families. The average family income will total $130. The households were…