HONG KONG: Hong Kong ranks as the most popular location for global businesses, with 68.2% of the world's major international companies having a presence in the city.

HONG KONG: The International Valuation Standards Council (IVSC) on Tuesday, July 19 published a new set of international valuation standards that come into effect from January next year.

HONG KONG: Home sales continued rebounding from a near six-year low a fortnight ago, as property market sentiment showed some signs of improving.

BEIJING: Corporate occupiers of office space in first-tier mainland cities should prepare themselves for higher rents because of strong demand and tight supply, property consultants say.

The mainland's overall economic recovery is fuelling the development of its commercial real estate market, Cushman & Wakefield says in its latest research report.

KUALA LUMPUR: Sunway City Bhd (SunCity) hosted a baroque party at its high end condominium development Sunway Vivaldi in Mont'Kiara, Kuala Lumpur last Saturday, July 16.

The party was held over three main event areas — the Tea Party, Art Gallery and Centre Stage — at the project's two-acre Eco-Deck.

KUALA LUMPUR: Best Western Australasia, the world's largest hotel chain, has expanded to Fiji.

This chain includes three properties: the Best Western Hexagon International Hotel, Best Western Grand West’s Villas and the Best Western Suva Motor Inn.

KUALA LUMPUR: CIMB Research's report on Wednesday, July 20 said it still remains bullish on all property developers despite the heavy selldown on property stocks since last week.

KUALA LUMPUR: Sapura Resources Bhd has proposed a joint venture with KLCC (Holdings) Sdn Bhd (KLCCH), a wholly-owned subsidiary of Petroliam Nasional Bhd (Petronas), to establish a commercial development on a piece of land in Kuala Lumpur.

KUALA LUMPUR: KFM Holdings Sdn Bhd is in discussions with several public-listed property developers to design, build and manage green residential and mixed-developments in Klang Valley.

More details of these developments will be forthcoming in 2Q2012, said Group CEO, Nurolamin Abas at a briefing on Tuesday, July 19. KFM is a solution provider for the built environment.

PETALING JAYA: Sales of high-end homes has slowed but sales of affordable homes should remain good, said Real Estate & Housing Developer's Association Malaysia (Rehda) national council member Wan Hashimi Albakri Wan Ahmad Amin Jaffri.