KUALA LUMPUR: Moody's Investors Service has a negative outlook for China's property development sector over the next 12-18 months.The international ratings agency said on May 19 local developers were facing continued operating uncertainties, imminent refinancing risk, and diminished balance-sheet liquidity.

KUALA LUMPUR: Over 3,000 Asian and international real estate professionals are expected to gather and discuss issues affecting real estate investment and development in Asia at Cityscape Asia 2009 which begins on May 19 in Singapore.Held over three days until May 21 at Suntec Singapore, the forum aims to assist the real estate professionals in sourcing new investment opportunities and meeting p

KUALA LUMPUR: The A(H1N1) influenza epidemic has “infected” the real estate industry, taking the International Real Estate Federation (Fiabci) as its latest victim.The 60th Fiabci (International Real Estate Federation) World Congress that was to be held from May 19 till May 23 at the Beijing Hotel in Beijing, China has been called off at the eleventh hour.More than 600 Fiabci members from aroun

While property developers are in overdrive to push sales in a cautious market, real estate agents are working to crank up the secondary market where transactions have dipped by at least 20% in the last six months.According to Julie Wong, the newly-appointed Malaysian Institute of Estate Agents (MIEA) president for 2009-2011, the biggest drop in transactions has come from the condominium sub-sec

It is not unusual nowadays to see developers jumping on the “green” bandwagon in their new developments.

While many developers are lying low in the current economic downturn, there are some that have gone ahead with their plans.

For over two decades, Damansara Utama’s main commercial centre, Damansara Uptown, has been a hub of activity for businesses and residents in the area. Undoubtedly, Damansara Uptown, located in Selangor’s Petaling Jaya, has been a commercial success for its developer See Hoy Chan Sdn Bhd.

KULAI (Johor): Main-board listed Scientex Bhd will continue to focus on the affordable housing segment to expand its property business in Johor. It will offer a wider range of affordable houses and commercial properties to cater to demand, said Scientex Berhad managing director Lim Peng Jin on May 15. "Various development plans are in the pipeline and will be executed at the right time.

KUALA LUMPUR: Malaysia’s very own green building rating system will be launched on May 21 at the Kuala Lumpur Convention Centre by Works Minister Datuk Shaziman Abu Mansor.

KUALA LUMPUR: The Asia Pacific real estate investment market continues to contract further in the face of global financial turmoil, says Colliers International. In the quarterly update of the Asia Pacific real estate investment market, it reported total value of investment sales transactions in Greater China fell by 67% and South Asia plunged 84% in 1Q 2009 compared with 3Q 2008.