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Investment in China real estate development up 38.2% y-o-y

KUALA LUMPUR: Total investment in China’s real estate was up by 38.2% year-on-year (y-o-y) from January to May 2010, reaching a total of 1.39 trillion yuan (RM657 million) according to China’s National Bureau of Statistics.

China home prices heading for a fall

ANALYSTS expect property prices in China's major cities will start to fall next month, weighed down by an increase in the supply of new flats.

China buyers head for Paris market

CHINA homebuyers have started to arrive in Paris, joining Hong Kong and Singaporean investors buying in the French capital's city centre, estate agency Knight Frank says.

Shanghai home sales dive 34% to 5-year low

NEW home sales in Shanghai dropped 34% in the first half to the lowest level in five years as government measures to cool the property market had their desired effect.

Sino Land project eases developers' fears

THE first residential project marketed under controversial new guidelines issued by the government has defied the worst fears expressed by developers that the changes would significantly increase their costs and reduce sales.

More than 500 units in the 964-unit project The Hermitage, in Tai Kok Tsui, were sold within a week of its launch last month under the new rules.

Berjaya Corp to build wastewater treatment plants in China worth RM97m

KUALA LUMPUR: Berjaya Corporation Bhd entered into an agreement with Xinan Public Asset Investment Co. Ltd to construct two wastewater treatment plans in China’s Xinan County in the Guangdong Province at the cost of RM97 million, the Group said in a filing with Bursa Malaysia on Tuesday, July 6.

OSK launches second phase of semidees at Bangi Lakehill Villas

KUALA LUMPUR: OSK Property's phase 2 Bangi Lakehill Villas in Bangi, Selangor launched in May this year has been 60% taken up.

Phase 2 saw the release of 16 Seri Villas and 26 Suria Villas. Phase 1 of the development, which released 15 Seri Villas and 15 Suria Villas late last year, is 100% sold.