HONG KONG: The theory is simple: property prices are high in Hong Kong because land is scarce.

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.