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City & Country/Offshore: HK still No 1 destination for global luxury brands

Hong Kong has maintained its ranking as the world’s most popular destination for luxury brands, with nine in every 10 high-end global retailers present in the city, according to a survey by property consultant CB Richard Ellis.The annual CBRE survey polled 294 retailers of merchandise ranging from luxury goods to mass-market products across 69 countries to establish in which countries and citie

City&Country: Offshore-- Catching the en bloc train

Since the start of the year, Grace Ng, deputy managing director of agency and business services at Colliers International, has noticed an increase in the number of investors looking at older condominiums in Singapore.

REHDA sets up task force on IFRIC 15

KUALA LUMPUR: The Real Estate and Housing Developers' Association (REHDA) of Malaysia has set up a task force to address issues arising from Malaysia's adoption of the interpretation issued by the International Financial
Reporting Interpretations Committee (IFRIC) 15.

Rahsia Estates forges partnership with Asian Finance Bank

KUALA LUMPUR: Property developer, Rahsia Estates Sdn Bhd has forged a strategic partnership with Asian Finance Bank Bhd on Thursday, June 11 to market the former’s niche hospitality establishment in Langkawi, Rahsia Estates Resort Residences and Spa Langkawi, with a gross development value (GDV) of approximately RM250 million.

Mainland property investors pull back

HONG KONG: Mainland investors in Hong Kong's luxury housing market are pulling back to lick their wounds after feeling the impact of recent mainland measures to tighten credit and cool property prices.