HONG KONG (Nov 2): China's property sector credit will offer fewer opportunities after last year's spectacular gains and investors should switch to consumer-driven plays as the world's second-largest economy turns to consumption from investment as its key driver, hedge fund Prudence Investment Management said.

HONG KONG: Weakening demand from the banking and finance sectors, coupled with a rise in secondary space returning to the market, pulled down prime office rents in Central in the third quarter, property consultants say.

And they expect rents there will continue to fall in the next 12 months.

HONG KONG: The first shots have been fired in a property war on the mainland that has already slashed prices by almost a third and could see them halved by next year.

HONG KONG: Better sales of new homes last week amid improving sentiment did not translate to the secondary market, where sales, and sentiment among prospective homebuyers, continued to fall.

KOH SAMUI (Nov 2): Undaunted by the devastating floods inundating large regions of Thailand, developers will market a resort villa development on the Thai island of Koh Samui to wealthy Hong Kong buyers this weekend.

KUALA LUMPUR (Nov 3): Mah Sing Group Bhd is exploring a potential partnership with Thailand's Central Pattanna Pcl to develop a shopping mall within the former's Icon City project.

KUALA LUMPUR (Nov 2): Kuala Lumpur tops the list of favourite domestic tourist destinations, followed by Penang, Langkawi (Kedah), Port Dickson (Negeri Sembilan) and Sabah, according to global hotel specialist Hotels.com.

KUALA LUMPUR (Nov 2):  The government plans to sell more government-owned land in the country to the private sector to raise funds to finance the country's development.

Second Finance Minister Datuk Seri Ahmad Husni Mohamad Hanadzlah said on Wednesday the real estate assets included small plots of land of about  three to seven acres which the government did not plan to utilise.

KUALA LUMPUR (Nov 2): Kimlun Corp Bhd plans to venture into the property development with the proposed acquisition of 17.2 ha of agricultural land in Negeri Sembilan for RM27.36 million.

The company said on Wednesday its planned to build factories on the land, once it had received approval from the authorities for the conversion.

Malaysian Resources Corp Bhd (Nov 1: RM1.95)