HONG KONG: Property sales in Hong Kong rose to a 31-month high last month but the market is expected to slow significantly as government cooling measures make buyers more cautious.

HONG KONG: Sino Land last Thursday, Sept 2 reported a big jump in net profit, but underlying earnings fell 2.62% for the year to June due to lower property sales.

HONG KONG: CLP Power is in talks with the government about economic incentives to preserve its 70-year-old headquarters in Argyle Street, Kowloon, as it seeks to guard redevelopment rights granted nine years ago.

Grade-one historic status was proposed by the Antiquities and Monuments Office last year for the building at 139-147 Argyle Street.

MELBOURNE: Woolworths Ltd, Australia's largest supermarket chain, said on Monday, Sept 6 it plans to sell A$900 million (RM2.56 billion) worth of property assets over coming weeks.

The Portfolio consists of more than 30 shopping centres.

SHANGHAI: China will allow insurers to broaden investment channels into private equity and real estate, a move that could unleash as much as US$100 billion (RM311.28 billion) worth of fresh funding into unlisted firms and the property sector.

The Melawati areas has become a magnet for developers, drawn by its scenic surroundings and good accessibility. With several high-end projects taking shape there, property prices have leapt to be on par with established locations such as Petaling Jaya.Mention Melawati and what usually comes to mind is a rather quiet housing area that offers little excitement.

Bring up Ng Kit Heng’s latest project and the engineer is liable to talk up a blue streak.

Malaysia’s listed property developers must have celebrated the country’s 53rd Merdeka Day with more gusto than usual — not because the local property climate has been kinder than elsewhere across the globe, but because the implementation of IFRIC 15, a new accounting practice, has been deferred.

Fifty-eight-year-old Singaporean Mrs Chua and her husband were at the showflat of The Scala, Hong Leong Holdings’ latest launch, before 10am on July 28.

KL Sentral, Malaysian Resources Corp Bhd’s (MRCB) integrated development valued at RM12 billion, needs no introduction.