SHANGHAI (Nov 4): China Vanke Co Ltd, the country's largest property developer by revenue, posted a fall in property sales in October from a year earlier, the third straight month of decline, as Beijing continues efforts to curb property speculation and calm home price rises.

MELAKA: Seni Pujaan Sdn Bhd (SPSB) recently made its debut in the property development scene with a luxury boutique serviced residence project in Melaka dubbed The Heritage.The Heritage will be managed like a luxury serviced accommodation where owners can lease out their units for long or short stays.

KUALA LUMPUR: Bina Warehouse Sdn Bhd, Malaysia’s luxury kitchen and bathroom distributor, has partnered German kitchen manufacturer Warendorf to present The Starck by Warendorf — the Warendorf Kitchen Range by iconic French designer Philippe Starck — in Malaysia.This is the first complete The Starck kitchen outside Europe.

LONDON: Prime housing prices in the UK capital are at an all-time high and will continue to rise over the next 12 months, according to real estate consultancy Knight Frank.“We believe there is scope for further price gains over the next 12 months, averaging 5% across 2012.

BUTTERWORTH (Nov 3): The construction industry in Malaysia must find a new approach to reduce dependency on foreign workers following the economic growth in their countries of origin.

KUALA LUMPUR (Nov 3): Conglomerate Sime Darby Bhd and Sunway Group's property division are likely to jointly develop townships in Iskandar Malaysia in Johor, industry sources said on Thursday.

The source said the government was allocating land for the joint development and that the companies were buying the concession land at a good rate.

KUALA LUMPUR (Nov 3): A low and medium-cost housing project on Bukit Antarabangsa here, which stalled during a landslide in 2006, will be fully completed in February next year.

For the buyers, they will finally be able to move to new homes after an eight-year wait.

KUALA LUMPUR (Nov 3): Iskandar Investment Bhd, the catalytic project developer of Iskandar Malaysia, has secured a RM1.8 billion real estate investment from China-based company Qingdao Zhouyuan Investment Holdings.

SINGAPORE (Nov 3): Singapore's Second Chance Properties Ltd , which started out as a retailer of traditional Malay clothes and gold jewellery, has set its sights on real estate to fuel its next phase of growth.

LONDON (Nov 3): Nearly two-thirds of securitised European property loans maturing in 2012 may fail to repay, potentially sparking more refinancings, restructurings and special servicing situations, Standard & Poor's said.