Brunei: Overview

Country Rating  » Not Rated

Home  ›  Asia  ›  Brunei  ›  Overview

Overview

The Sultanate of Brunei (pop. 385,000; GDP/cap US$15,208) is located on the northern coast of the island of Borneo. Its nearest neighbors are the Philippines and Malaysia.

Before the Land Code of 1909, land was owned by the Royal Family and the nobles. The 1909 Land Code is still being used in Brunei today.

Foreigners are allowed to lease but not to own land, except with prior approval in writing of the King.

RESIDENTIAL PROPERTY AROUND THE WORLD

Europe
UK house prices softening

• France housing market slowing substantially
• Warsaw catches cold

Asia & Pacific
Bubble fears prompt foreign ownership limits in China

• Singapore condos in full swing
• New Zealand just carries on

America & Caribbean
The slowdown of the U.S. housing market

• Canada ignores the US blues
• Costa Rica at the centre of all

Middle East and Africa
Bahrain is open to foreigners and sizzling hot

• Dubai: Heading for a fall?
• Tourists flood Morocco