KUALA LUMPUR (Dec 22): The Malaysian property market is likely to see a gradual slowdown next year, taking into consideration the uncertainty in the global economic situation.

Fiabci Malaysia president Yeow Thit Sang said the high end residential units were already seeing a slowdown both in pricing and the take-up rate.

KUALA LUMPUR/HAT YAI (Dec 22): The good response received by Tune Hotel Hat Yai from the Thais as well as foreign guests reflects positively on the hotel's future expansion in Thailand and the region.

In a statement on Thursday, group chief executive officer Mark Lankester said the company was encouraged with the debut in Thailand.

KUALA LUMPUR/SYDNEY (Dec 22): The Real Estate Institute of Australia (REIA), the national professional association for real estate agents in Australia has called for action on housing supply with the release of the National Housing Supply Council's State of Supply Report 2011.

KUALA LUMPUR (Dec 22): DRB-Hicom Bhd announced on Wednesday it had entered into an agreement to swap the Malay Reserve (MR) status of a plot of land in Langkawi with the non-MR status of a piece of land in Kedah for RM76 million.

PETALING JAYA (Dec 22): The share price of Ho Hup Construction Co Bhd tanked on Wednesday after the Court of Appeal has reversed the High Court's judgment on declaring the joint development agreement (JDA) on a parcel of land near Bukit Jalil as void.

KUALA LUMPUR (Dec 21): Property developer LBS Bina Group Bhd is confident of achieving RM800 million sales target despite tough market conditions.

In a statement on Wednesday, managing director Datuk Lim Hock San said 2012 was expected to be a challenging yet confident year for LBS.

SHANGHAI (Dec 21): Cash-strapped mainland developers are resorting to selling land as they battle to repay debts — and that is drawing a growing number of foreign real estate funds into a hunt for bargain-priced properties.

HONG KONG (Dec 21): Housing estates in Island East and the New Territories outperformed all other districts in Hong Kong to record the strongest growth in capital values this year.

HONG KONG (Dec 21): Hong Kong remains the most expensive retail address in the Asia-Pacific region, but Shanghai is rapidly climbing the rankings ladder, say property consultants.

PARIS (Dec 21): The property market in Paris has undergone a dizzying boom in the midst of Europe's debt crisis, driven by French buyers pouring money into what they saw as good-as-gold investments. Now the same crisis could prick the bubble.