BEIJING: Office rents in Beijing and Jakarta rose about 15% in the second quarter from the previous three months, the fastest among 27 Asian markets, property consultant Jones Lang LaSalle (JLL) said, as tight supply and strong corporate growth lifted prices.

LONDON: Prime London property prices have risen by 9.6% over the last 12 months, and are now 35% higher than the post-credit crunch period in March 2009.

In July, the property prices rose by 0.7% on monthly change, taking the increase in the three month period to July up to 1%.

HONG KONG: You might think you do not have room to create a spa retreat at home, but could you fit in a cocoon? That is the essence of a spa experience, according to award-winning designer Ed Ng Chung-hong, and it is not defined by space.

HONG KONG: The price of one kind of property continues to see massive escalation this year — the Discovery Bay golf cart. The latest transactions for the highly prized and highly restricted vehicles broke the HK$2 million (RM760,510.16) mark.

HONG KONG: The auction of a luxury residential site in Sha Tin next week is expected to attract keen interest from developers, despite a requirement that the winning bidder must build at least 970 flats on the site.

HONG KONG: Home sales in the secondary residential market remain sluggish because of a big gap in price expectations between buyers and sellers that has made negotiations more time consuming, Ricacorp Properties says.

PITTSBURGH: "Every crisis brings an opportunity". That is the motto of Paul Liang, a Taiwanese immigrant who arrived in the United States at the age of 12.

KUALA LUMPUR: OSK Research is positive on the joint venture agreement between Mah Sing Group Bhd's wholly-owned unit Grand Pavilion Development Sdn Bhd and Asie Sdn Bhd and its subsidiary Usaha Nusantara Sdn Bhd.

KUALA LUMPUR: Property developer Mah Sing Group Bhd has secured the development rights for a 4.08-acre (1.63ha) parcel along Jalan Tun Razak-Jalan Pahang, which formerly housed the Pekeliling flats, with a potential gross development value (GDV) of RM900 million.

KUALA LUMPUR: Malaysian Building Society Bhd (MBSB) saw its net profit for 2QFY11 ended June 30 jump 58% to RM78.25 million from RM49.51 million a year earlier, mainly due to higher income from Islamic banking and conventional business net interest income.