Semi-Ds in Shah Alam going for RM1.6m-1.7m

HONG KONG: The property market may fall into a new round of consolidation if Tuesday's land auction of two sites in Kowloon attracts a poor response, analysts said.

Surveyors have lowered by 3% to 10% their valuations of the two sites after the government released new cooling measures for the property market last Friday, Aug 13.

SHANGHAI: Property companies in the China market have been celebrating rising interim earnings, but analysts warn of a decline in profits over the next two years.

Developers have managed to report encouraging six-month earnings predominantly because most of their units were pre-sold last year when the China market was booming,

HONG KONG: A top government adviser has voiced uncertainty about the government's latest measures to control housing prices, saying officials might also need to consider curbing overseas investment in Hong Kong's overheated property market.

HONG KONG: The government and the banking regulator have moved again to rein in property prices.

They have banned quick flat resales, vowed to put more land on the market and cracked down on mortgage lending for top-end properties amid evidence previous measures have not worked.

At a Glance

HONG KONG: The city's monetary authority has told banks to further tighten lending to buyers of luxury homes and investment properties on concern surging prices are getting out of hand.

MacVisit – UEM Land Hldgs
Synonymous with IDR

· We recently met with UEM Land, which is synonymous with the Iskandar Development Region (IDR) in Johor. More accurately, it is the master developer of Nusajaya, the flagship zone of IDR, with 23,875 acres of landbank.

TOKYO: Mapletree Investments, a real estate firm wholly owned by Singapore state investor Temasek Holdings, said it plans to launch an around ¥80 billion (RM2.97 billion) Japan property fund this year in a bid to expand in the country's property sector ahead of its rivals.

Jalan Ampang in Kuala Lumpur boasts several landmark buildings housing medical and health-and-wellness related services, among them Gleneagles Hospital and the Ampang Puteri Specialist Hospital. That has given the Al–Hidayah Group, owner of a 4.88-acre commercial tract on the thoroughfare a brainwave — to complement the health-related facilities found within 3km of the plot.