KUCHING:The Sarawak Timber Association (STA) is projecting an increase of five to 10 per cent in the price of logs and timber products in the next six to nine months.

Its Chairman, Datuk Wong Kie Yik, said industry players were anticipating prices to increase after seeing a sharp drop in export in the first two months of this year.

BEIJING: Property services firm DTZ Holdings Plc plans to hire more staff and open new offices in China over the next year to tap the fast-growing market, a senior executive said on Wednesday (March 31).

PETALING JAYA: The Master Builders Association Malaysia (MBAM) hopes the government will provide clear guidelines and consistent policies for the implementation of Public Private Cooperation (PPC) initiatives in the newly launched New Economic Model (NEM).

HONG KONG: The territory continued to hold the top spot for occupancy costs, in both the Asia-Pacific region and the world, property consultant Colliers International say.

Gross office rent in Hong Kong, which also ranked top in 2008, was US$161.14 (RM526.27) per sq ft per year last year and an increase was expected this year.

HONG KONG: Lee Wee Liat puts more than his money on the line when it comes to recommending a buy on property. As China property analyst for Japan's biggest brokerage house, Nomura, he has his reputation as a reliable researcher to consider as well as his wallet.

SINGAPORE: Indonesia's investment chief said on Wednesday (March 31) he expected foreigners to be allowed to own apartments in Indonesia by the third quarter of this year, giving the country an additional source of foreign capital inflows.

NEW YORK: US consumer confidence rebounded in March, while home prices rose in January for the eighth straight month according to a closely watched housing index, bolstering hopes for a sustainable economic recovery.

KUALA LUMPUR: Demand for secondary property in the UK is recovering alongside prime properties in early 2010, the Colliers CRE/Real Estate Capital Investor Pricing Survey of the UK market suggested.

SYDNEY: Moody’s Investors Service is maintaining its stable outlook for the Australian real estate investment trust (A-REIT) sector, in view of expectations for a continued gradual recovery in its fundamentals.