HONG KONG (Jan 18): Falling rents are giving tenants a chance to upgrade at lower cost.

HONG KONG (Jan 18): The Housing Society's new private residential project Heya Green — due to go on sale this year — is expected to be priced at a level that will prove attractive to buyers and agents.

HONG KONG (Jan 18): Home sales in the secondary market picked up modestly last week as owners cut prices to speed up sales.

Midland Realty said 74 sales were concluded at 35 selected housing estates during the week from Jan 9-15, up from 67 the previous week.

KUALA LUMPUR (Jan 18): Malaysia Building Society Bhd (MBSB) aims to increase revenue contribution from east Malaysia to 30% this year from more than 20% in 2011, said CEO Datuk Ahmad Zaini Othman.

KUALA LUMPUR (Jan 18): Bina Puri Holdings Bhd has secured its much-awaited Pakistan highway concession contract.

The project, worth 24.93 billion rupees (RM864 million), is for the construction of the Karachi-Hyderabad Motorway (M-9) in Pakistan, after which it will hold the concession for 28 years.

KUALA LUMPUR (Jan 18): Axis Real Estate Investment Trust (Axis REIT) aims to grow its asset portfolio by 56% to the RM2 billion mark by next year from the current size of RM1.28 billion.

Bumi Armada Bhd (Jan 17, RM4.15)

KUALA LUMPUR (Jan 18): A fire at a high-rise building under construction in KL Sentral here early Wednesday contributed to massive traffic congestion along Jalan Bangsar and Jalan Tun Sambanthan after roads had to be closed to facilitate fire-fighting.

KUALA LUMPUR (Jan 17): The eurozone crisis holds a silver lining for the retail scene in Malaysia, CB Richard Ellis Malaysia (CBRE M'sia) managing director Allan Soo said.

KUALA LUMPUR (Jan 17): This year will be a challenging year for office building owners due to an oversupply within the Klang Valley, said Danny SK Yeo, deputy managing director of CH Williams Talhar & Wong.