KUALA LUMPUR: A 5.5-acre (2.2ha) residential tract in North London known as the St John’s Wood Barracks site is up for sale. The site located in St John’s Wood is owned by private family trust the Eyre Estate and has been occupied as barracks since 1804.

KUALA LUMPUR: The construction of a new bypass adds an average of 15% to the value of homes in the town or village that benefits though local house prices can be boosted by as much as 30%, a new analysis on locations in the UK by Savills show.The property advisory’s residential research team had analysed the impact of house prices in 24 locations in the UK where a bypass was opened in the past

PETALING JAYA: A new mixed development with a gross development value of RM1 billion is coming up in the USJ area in Subang Jaya, Selangor.

HONG KONG:  The demand-supply imbalance and inflationary pressure continue to drive housing rents upwards in the Hong Kong luxury residential leasing market. Last month, Hong Kong’s average luxury residential rents rose 4.2% quarter-on-quarter (q-o-q) to HK$47.30 (RM18.41) psf per month, representing 2.2% above the previous peak in July 2008.

PETALING JAYA: A new mixed development with a gross development value of RM1 billion is coming up in the USJ area in Subang Jaya, Selangor. The project by Equine Capital Bhd will consist of serviced apartments, shop offices and a mall.

PETALING JAYA: Gamuda Bhd's net profit jumped nearly 40% to RM116.6 million or 5.67 sen per share for 3QFY11 ended April 30, on higher revenue of RM621.2 million against RM511.2 million previously.

KUALA LUMPUR: Glomac Bhd's net profit rose 20% to RM15.05 million or 5.08 sen per share as the property developer raked in a higher revenue and registered lower operating expenses.

Its revenue climbed 53% to RM157.7 million from RM103.37 million previously.

HONG KONG: The demand-supply imbalance and inflationary pressure continue to drive housing rents upwards in the Hong Kong luxury residential leasing market.

LONDON: A 5.5-acre residential tract in North London known as the St John's Wood Barracks site is up for sale.

The site located in St John's Wood is owned by private family trust the Eyre Estate and has been occupied as a barracks since 1804.

WASHINGTON: US Federal Reserve Chairman Ben Bernanke has a recipe for helping the housing market: Modify more loans and speed up foreclosures to get rid of a glut of distressed properties clogging the system.