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Maltese property prices soar by 6.7% in first three months of 2022

Maltese property prices soar by 6.7% in first three months of 2022
Jul 8 2022 Share

The property price index for Malta shot up by 6.7% in the first three months of this year when compared to the same period in 2021. However, it was still below the euro area average of 9.8%.

According to fresh data released by the National Statistics Office (NSO), the property price index (PPI) stood at 139.52. 

The EU average was also substantially higher at 10.5%, as measured by the EU’s statistical agency, the House Price Index by Eurostat. The agency stated that this is the highest annual increase for the euro area since 2005. 

In 2021’s fourth quarter, house prices rose by 9.4% and 10.1% in the Euro Area and EU respectively. 

The PPI indicates the changes in price of purchased residential property. Compiled on quarterly bases instead of monthly, this ensures that all figures are substantiated through large samples. It only covers apartments, maisonettes and terraced houses. 

Despite restricting itself to such property, price increases in these areas are indicative of developments in the market in general. In 2021’s first quarter, the PPI registered a 4.6% rise compared to the previous year. 

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LESA wardens are officially back…and so are the fines

LESA wardens are officially back…and so are the fines
Jul 8 2022 Share

The General Worker’s Union (GWU) has temporarily suspended the warden’s industrial action due to the offer of a much more ‘advantageous financial package.’ 

This comes after the GWU issued a directive for the LESA officers not to issue traffic fines, tow away illegally parked cars or other aspects of the job the wardens are tasked with. 

The talks that had taken place with the agency over a new collective agreement failed and, after being told that the agency will not be held responsible for any accidents resulting from the directive, the GWU intensified the industrial action. 

The Malta Developers’ Association then revealed that, due to no traffic diversion or road closures due to the directive, building development projects had to stop. 

However, a Facebook post released Friday by the GWU said that, in the past few hours, developments in negotiations have been made and a better financial package is being offered. As the union evaluates the new package, the directives which went into force have officially been suspended from Friday 8th July. 

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‘Mr. Happy Face’ officially wins the ‘Ugliest Dog Contest’ 2022 edition

‘Mr. Happy Face’ officially wins the ‘Ugliest Dog Contest’ 2022 edition
Jul 8 2022 Share

Mr. Happy Face, a Chinese Crested-Chihuahua mix, has just earned the title of the World’s Ugliest Dog at a well known annual contest in California. 

The ‘fearlessly adorable’ dog was adopted by the family of Jeneda Benally from an Arizona Shelter in August of 2021. As described by his loving owner, he is not just any ugly dog as he has a massively long tongue and woofs in his sleep.

Mr. Happy Face is roughly 17 years old, and his life wasn’t at all a walk in the park. Before ending up in a shelter, he had a neglectful and abusive owner. 

He was sadly given only a few weeks or a month to live by veterinarians due to his tumours and other conditions. ‘When I first met him, he was the happiest creature that I had ever met. He hobbled up to me and chose me… Love, kindness and mommy kisses have helped him defy the anticipated short life that we all expected him to have with our family’ said Benally. 

The World’s Ugliest Dog contest returned this year after a two year pause due to the COVID-19 pandemic. The contest celebrates the imperfections which make all dogs special and unique. 

It also however raises support and awareness for animals which are up for adoption ever since it started in the 70’s. In 2019, the prize was given to former stray Scamp the Tramp. 

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Motorcyclist grievously injured in St Julian’s traffic accident

Motorcyclist grievously injured n St Julian’s traffic accident
Jul 8 2022 Share

Police were yesterday informed at around noon of a traffic accident at 1330hrs. Police were informed that an accident happened in Triq Mikiel Anton Vassalli, St Julian’s. 

District Police convened immediately n the site and preliminary investigations showed that a crash occurred between a Kymco motorcycle driven by a 76-year-old resident of Ta’ Xbiex and a Mazda driven by a 52-year-old man resident of St Julian’s.

The motorcyclist was given medical assistance and subsequently taken to Mater Dei Hospital for further medical attention. He was later certified to have suffered grievous injuries. 

Investigations are ongoing. 

#MaltaDaily