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This article also features in New initiatives promote environmentally friendly development. Read more about this report and view purchase options in our online store.

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There were 18 results found for Brunei Darussalam and Real Estate

There were 18 results found.
Analysis

New initiatives promote environmentally friendly development
OBG
plus

The commitments Brunei Darussalam has made to safeguard its environment are well documented. These include high-profile efforts like participation in the “Heart of Borneo” campaign to preserve a 22m-ha swath of jungle, as well as a recent pledge to allow no more than 1% of the country’s landmass to be converted to agricultural use. Thanks to the wealth afforded by the commercialisation of its…

Overview

Kicking off new infrastructure and transport projects
OBG
plus

As was the case across most of the region, the Asian financial crisis hit Brunei Darussalam’s construction industry hard towards the end of the 1990s, thinning out the sector as construction companies folded or exited the local market. Since then there has been a resurgence as the government rolled out large health and education initiatives in the 2000s followed by a shift towards public housing…

Overview

Development efforts are responding to local needs
OBG
plus

Limited by strict regulations governing the use of the majority of Brunei Darussalam’s 5765 sq km of land, a heavy public presence in the market and a small population, the country’s real estate sector differs from those of many of its larger neighbours. Several factors continue to drive up demand in the residential market, particularly in the capital of Bandar Seri Begawan. Economic diversification…

Interview

OBG talks to Bobby Chua, Vice-Chairman, Swee
OBG
plus

Interview: Bobby Chua What impact will Brunei Darussalam’s major infrastructural projects have upon completion? BOBBY CHUA: The expansion and renovation of the Brunei International Airport and the mega-bridge projects consisting of the Sungai Brunei Bridge, Temburong Bridge and Pulau Muara Besar Bridge, will positively impact the country through the improvement of connectivity. Developments are…

Chapter

The Report: Brunei Darussalam 2014: Construction & Real Estate
OBG
plus

The drive for economic diversification has led to significant expenditure on infrastructure in areas such as industrial parks, irrigation works, telecoms and the national transport network. Public spending dominates the construction sector, and around 80-90% of works are carried out by the state. Increased government expenditure will ensure that public projects continue to drive growth, although the…

Country Report

The Report: Brunei Darussalam 2014
OBG
plus

Commanding the second-highest GDP per capita among all ASEAN member nations at $39,700 in 2013, Brunei Darussalam remains one of the most advanced economies in the South-east Asia region. Historically, the hydrocarbons industry has dominated the Bruneian economy and allowed the country to amass considerable wealth. However, the nation is making an earnest effort to diversify its economy to ensure

Chapter

The Report: Brunei Darussalam 2013: Construction & Real Estate
OBG
plus

Several years of strong investment, mainly driven by government initiatives to improve infrastructure and address a housing shortage, have boosted Brunei Darussalam’s construction industry. Major on-going projects include upgrades to the Brunei International Airport, as well as the construction of the Brunei Cancer Centre, the Prime Minister’s Office and several key roads and bridges. It is also…

Economic News

Brunei Darussalam: Rebuilding housing confidence
OBG
plus

Increased cooperation between major banks and real estate agencies in new developments and mortgage products has raised the prospects of Brunei Darussalam meeting its housing goals while keeping credit levels in check. However, limited land availability continues to threaten growth in the residential sector.On September 20, Bank Islam Brunei Darussalam (BIBD) announced it was organising a property…

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