HONG KONG: Country Garden Holdings Co, the property developer controlled by China’s richest woman, said sales in the country’s so-called “golden week” holiday rose 63% to RMB2.2 billion yuan (RM1.2 billion).

SEOUL: South Korea's relentless house price rise is a top concern for the government but it realises that the recent spate of lending controls to calm the market could cause wider problems, senior officials said on Oct 12.

KUALA LUMPUR: Maybank Investment Research has initiated coverage on Glomac with a Buy call and RM1.78 target price (41% upside), on its attractive value proposition and explosive earnings growth driven by upcoming high-margin commercial projects.

KUALA LUMPUR: Maybank Investment Research has initiated coverage on Glomac with a “buy” call and RM1.78 target price (41% upside), on its attractive value proposition and explosive earnings growth driven by upcoming high-margin commercial projects.

MELBOURNE: This city is the capital and the largest in the state of Victoria. Located in the southeastern part of Australia, Melbourne was established in 1835 but it only transformed into a wealthy metropolis when gold was discovered in the 1850s. It then grew to become one of the largest and richest cities in the world by the 1880s. It is now the second-most populous city in Australia

There is a saying that goes: invest in property investment stocks during a downturn and property development stocks during an upturn.

The Singapore HDB is putting up Clementi Mall for sale by tender and has appointed Jones Lang LaSalle (JLL) as the exclusive marketing agent. The suburban retail mall is at the junction of Commonwealth Avenue West and Clementi Avenue 3, and in the heart of an established residential township with over 98,000 residents.

DTZ sees positive sentiment translated into higher investment in Asia-PacificTotal commercial real estate investment transactions in Asia-Pacific reached an estimated US$17.1 billion (RM58.5 billion) in 3Q2009, 50% higher than in 2Q, according to a DTZ report. The strong investment recovery comes after the volume fell to a low of US$4.3 billion in 4Q2008.

There is a new but not unfamiliar name this year at the No 1 spot of The Edge Top Property Developers Awards 2009. Sime Darby Property Bhd (SDP), the property division of Sime Darby Bhd, wrested the top spot from S P Setia Bhd, which had held the position the past four consecutive years.

Sime Darby Property Bhd clinches the top spot in The Edge Top Property Developers Awards 2009, proving that size does matter if you want to stay ahead of the competition.