DUBAI: A wave of investor optimism kicked off Cityscape Global 2010 on Monday, Oct 5, after a series of confidence-boosting economic news in Dubai and other emerging markets.

KUALA LUMPUR: Malaysia will celebrate World Day of Architecture for the first time with the launch of the month-long “Architects Malaysia Exhibition” on Oct 4.

The exhibition is organised by the Malaysian Institute of Architects (PAM) and carries the theme “Better Cities, Better Lives – Sustainable by Design”.

HONG KONG: Hong Kong's housing market has continued to shrug off government measures to curb speculation, with units offered at mid- to high-price ranges attracting a strong response over the long weekend.

Cheung Kong (Holdings) and Sun Hung Kai Properties between them pulled in more than HK$11 billion (RM4.4 billion) in sales since Thursday.

HONG KONG: In the latest twist in the high-profile family feud at the Sun Hung Kai Properties (SHKP) empire, Walter Kwok Ping-sheung — eldest scion of the Kwok clan — has been removed as a beneficiary from a key trust controlling the business group.

KUALA LUMPUR: Sheikh Mohd Nasarudin, better known as SM Nasarudin, has been redesignated as a non-executive director of construction, property and manufacturing company Kumpulan Jetson Bhd (Jetson) on Oct 4. He was previously the chairman and executive director of the company.

DUBAI: Cluttons’s latest research shows that villa and apartment sales rates in Dubai continue to decline in the third quarter of 2010.

During the period, villa sales prices fell by 4.3%, and apartment sales prices fell by 8.7%, while villa rental prices were reduced by 8.2% and apartment rental prices slipped by 6.1%.

DUBAI: Cityscape Global, the rebranded Cityscape Dubai, is expected to be a platform for industry stakeholders to network and get a feel of the global property market, reported Gulf News on Sunday, Oct 3.

? Regulatory measures unlikely to be harsh. While we believe the property sector will be imposed with tighter rules, any new measures are likely to be moderate as the Government would not want to dampen the whole property sector.

KUALA LUMPUR: The Malaysian Developers' Council (MDC) has called for the government to resist and review legislations that will enable organisations and professional service providers dominating a particular sector to demand prior payment before work commences, in the interest of fair and free trade practices.

BEIJING: Shenzhen has become the first city to respond to the central government's latest effort to restrain the red-hot property market by limiting families with residency status to the purchase of only two homes.