ANALYSTS expect property prices in China's major cities will start to fall next month, weighed down by an increase in the supply of new flats.

CHINA homebuyers have started to arrive in Paris, joining Hong Kong and Singaporean investors buying in the French capital's city centre, estate agency Knight Frank says.

NEW home sales in Shanghai dropped 34% in the first half to the lowest level in five years as government measures to cool the property market had their desired effect.

SMALL flats in Sha Tin are expected to become the first residential units in the city to begin achieving prices that exceed their previous peak levels in 1997, according to property agents.

THE first residential project marketed under controversial new guidelines issued by the government has defied the worst fears expressed by developers that the changes would significantly increase their costs and reduce sales.

More than 500 units in the 964-unit project The Hermitage, in Tai Kok Tsui, were sold within a week of its launch last month under the new rules.

KUALA LUMPUR: The Al-‘Aqar KPJ REIT completed the acquisition of several medical facilities and hotels around Malaysia for RM383.4 million on the same day as its filing with Bursa Malaysia on Tuesday, July 6.

KUALA LUMPUR: Berjaya Corporation Bhd entered into an agreement with Xinan Public Asset Investment Co. Ltd to construct two wastewater treatment plans in China’s Xinan County in the Guangdong Province at the cost of RM97 million, the Group said in a filing with Bursa Malaysia on Tuesday, July 6.

KUALA LUMPUR: Boustead Holdings Bhd announced the completion of a joint-venture (JV) exercise and the acquisition of land in Cherating, Pahang on the same day as its filing with Bursa Malaysia on Tuesday, July 6.

KUALA LUMPUR: OSK Property's phase 2 Bangi Lakehill Villas in Bangi, Selangor launched in May this year has been 60% taken up.

Phase 2 saw the release of 16 Seri Villas and 26 Suria Villas. Phase 1 of the development, which released 15 Seri Villas and 15 Suria Villas late last year, is 100% sold.

SHANGHAI: New real estate policies in China have led to weakened investment demand, especially in the high-end residential market, which in turn caused a fall in market prices, said Colliers International.