HONG KONG: China-based buyers have become a new source of hope for Japan's weak property market.

"We are finding that more mainlanders are coming to Japan to buy residential property than there were last year," said Shirley Yan, Chinese market manager at Tokyo-based Housing Japan, a property agency targeting overseas buyers.

BEIJING: Property accounts for 73.4% of the assets held by urban Chinese, according to a survey released on Friday, Sept 17.

Beijing'a Tsinghua University questioned 5,200 households in 24 major Chinese cities.

They had average assets at the end of 2009 of 406,536 yuan ($188,000) and average income last year of 50,997 yuan.

KUALA LUMPUR: Three structural catalysts has been identified by a research firm in United Kingdom that could reshape both the residential development and investment markets over the longer term in the country’s real estate sector said Savills Research director Yolande Barnes.

KUALA LUMPUR: Strong gains in the prices of selective residential properties are starting to raise fears of a bubble hence while a lowerl loan-to-value ratio (LVR) rate for banks would be negative for the property sector, CIMB Research viewed it as a “necessary evil”.

KUALA LUMPUR: Ivory Properties Group Bhd plans to build residential condominiums and commercial complex with a with an estimated gross development value (GDV) of RM368 million on a proposed site in Tanjong Tokong, Penang island

KUALA LUMPUR: Bina Puri Holdings Bhd’s wholly owned subsidiary, Bina Puri Construction Sdn Bhd has been awarded a RM95.7 million project in Kuching, Sarawak.

The company said on Wednesday, Sept 15 that the project known as ‘Package 4’ is a construction and completion contract of the proposed 13-storey Plaza Merdeka Commercial Complex/Hotel at Pearl Street.

HONG KONG: The good news first: people who invested in bonds issued by newly listed China developers are getting record high interest rates. But the bad news is that the risk of losses on these bonds is mounting as the housing market shows signs of slowing.

KUALA LUMPUR: Advance Information Marketing Bhd (AIM) stands to recieve a net gain of RM1.6 million from the disposal of its property in Shah Alam for RM6.6 million cash.