The Digest - December 2023
Happy New Year and welcome to the Monthly Digest! This newsletter keeps you in the loop about what's happening at Bproperty and shares interesting updates and trends from the global real estate landscape.
Bproperty Recap 2023
As we turn the page on another year, it’s time to reflect on the incredible journey Bproperty embarked on in 2023. Despite facing various challenges, Bproperty effectively met the needs of its clients, marking a year of resilience and success. Take a look at what we managed throughout the year and how much we were able to serve our clients’ needs in 2023.
Political and Economic Turmoil Takes Toll on Realtors
As realtors in Bangladesh conclude a tumultuous year and step into 2024, uncertainty appears to be the only certainty. According to REHAB, the sales of new/primary apartments in the country have decreased by 33% due to challenges such as political unrest and economic headwinds. Additionally, the price of construction materials has also skyrocketed. Learn about the consequences of how these volatile times are impacting the real estate industry here.
What is happening in Purbachal?
The Bangladesh government has undertaken the historic initiative to decentralize Dhaka with the 'Purbachal New City Project.' Bproperty has made an effort to highlight the upcoming central district of Bangladesh, providing insights into new opportunities in our beloved Dhaka.
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Where do buyers look for flats in Dhaka?
Mirpur claims the top spot as the most sought-after area among Dhaka residents in 2023. Leveraging Bproperty’s insights, several news outlets have highlighted the demand for real estate in various areas. Check out the coverages here: The Business Standard, The Financial Express, The Daily Sun, Samakal, Markedium
Bproperty Black Friday Campaign?
Black Friday is no longer exclusive to electronics and gadgets; it has made its way into the housing market.? Indeed, last year, Bproperty introduced the Black Friday Sale for the first time in the real estate market of Bangladesh. During the sale, Bproperty offered up to 10% off on select listings, and the responses exceeded expectations, with enthusiastic homebuyers seizing the opportunity to secure their dream homes at discounted prices.
Elevate Your Space with the Color of the Year
Peach Fuzz, a soft hue between pink and orange shades, has been unveiled as the Pantone Color of the Year 2024. This comforting and tranquil color can be effortlessly integrated into home design, adding warmth and a contemporary touch. A big shoutout to Lamudi Philippines for showcasing the potential of this color in home design through their recent blog. ?Learn More.