KUALA LUMPUR: Bina Puri Mining Ventures Sdn Bhd, a subsidiary of construction and property developer Bina Puri Holdings Bhd, has acquired a new subsidiary for a total cash consideration of 2.281 billion rupiah (RM807,600).

KUALA LUMPUR: Malaysia’s largest property developer by sales volume, SP Setia Bhd, has once again recorded strong sales for its Bandar Setia Alam township in Shah Alam.

KUALA LUMPUR: China’s home prices will see mild corrections in 2H2010 for key cities such as Shanghai, Beijing, Guangzhou and Shenzhen, according to a Knight Frank China’s latest research report released on Aug 10.

KUALA LUMPUR: Developers should be given incentives to build low-cost houses in the upcoming Budget 2011 to cater to the demand.

In making the call, Hua Yang Bhd's chief operating officer Ho Wen Yan said the matter should be looked into seriously to encourage more developers to build more affordable homes.

SYDNEY: Australian property borrowers are queuing up to sell bonds, seeking to diversify their funding and spread out maturities to strengthen their balance sheets after being scarred by the global financial crisis.

KOH SAMUI: It was love at first sight for property investor Lin You when he landed in Koh Samui, southern Thailand, two years ago.

HONG KONG: Village houses may be cheaper than new luxury flats, but buyers have to be prepared to wade through complicated purchase procedures.

HONG KONG: Office rents in Asia rose 2.1%, ending seven consecutive quarters of decline, according to international property consultant CB Richard Ellis.

The growth was spurred by increased demand as the steady regional economic recovery encouraged some multinational companies to reactivate expansion plans.

HONG KONG: Property consultants have put a positive spin on the recent slowdown in sales activity, saying prices have not peaked yet and that the market is just taking a breather before continuing its upward momentum.

The first week of the month saw transaction volume in major housing estates dropping 15% compared with a week earlier.

HONG KONG: With property prices in the city rising to their highest levels since 1997, village houses may be a better option for those seeking a better of quality of life but have a limited budget.