PETALING JAYA: The hold back in the primary sales market in Hong Kong will result in an overall slowdown in residential sales volume in the short run, according to Colliers International (Hong Kong) Ltd's latest residential snapshot report.

M’sian Resources Corp

KUALA LUMPUR: Kenanga Wholesale City in Jalan Kenanga, Kuala Lumpur, has secured more than 50% tenancy for its 400 retail units available for lease, according to the developer Kenanga Wholesale City Sdn Bhd on Thursday, July 1.

The fashion mall is scheduled to open in mid-2011.

KUALA LUMPUR: Best Western International, the world's largest Hotel Chain® - is enjoying continued and solid growth in Europe and Asia, where it continues to add new hotels and resorts in an expanding portfolio that boasts over 4,000 properties in more than 80 countries and territories worldwide.

 A “Tactical” Play In A News Flow Driven Market

HONG KONG: Two medium-sized residential sites in Kowloon were triggered for auction on Wednesday, June 30, a move that showed developers were eager to replenish their land banks in urban areas.

KUALA LUMPUR: The Penang Barisan Nasional leadership will meet the prime minister to discuss the Penang Bridge toll hike issue on its own instead of jointly with Chief Minister Lim Guan Eng.

Penang BN chairman Tan Sri Dr Koh Tsu Koon told reporters at parliament lobby yesterday that he had declined Lim’s invitation to “protest” the imminent toll hike.

TOKYO: Average land prices in Japan fell 8.0% in the year to January 1, the biggest drop in more than a decade, a government agency said, in a sign the country's real estate market is still reeling from the global financial crisis.

SYDNEY: Australia's retail sales grew at a pedestrian pace in May, while approvals to build new homes fell sharply for a second month, adding to investor expectations that interest rates would stay on hold this month, if not for longer.