LONDON (Nov 9): According to a recent report by London Central Portfolio (LCP), demand for real estate in London's up market areas remain strong as prices in Westminster break the £1 million (RM5.01 million) high.

HONG KONG (Nov 9): Hong Kong retail landlords are banking on bigger and better Christmas displays to get their tenants' cash tills ringing this holiday season.

HONG KONG (Nov 9): Bulls are quitting the city's housing market as the betting from analysts swings towards the view that home prices have entered a falling cycle that will last for at least the next 12 months.

HONG KONG (Nov 9): Speculators who bought new flats before last November's introduction of stamp-duty penalties for quick resales face a tough decision.

With delivery of their flats now falling due, they must sell and be hit with extra stamp duty of up to 15%, or find tenants so that they can sell later and avoid the extra duty.

HONG KONG (Nov 9): Municipal governments on the mainland are moving to ease the financial burden on companies wishing to bid for development sites, and shore up their own revenues against declining land sales.

HONG KONG (Nov 9): A property developer in the eastern Chinese province of Zhejiang was sentenced to death for swindling 5.5 billion yuan (RM2.7 billion) from investors in an illegal fund-raising scheme, a newspaper reported on Wednesday.

KUALA LUMPUR (Nov 9): Sunrise Bhd, a wholly-owned unit of UEM Land Holdings Bhd, has unveiled plans for its new landmark project, Angkasa Raya, which has an estimated gross development value of RM1.3 billion and is poised to be the group's new flagship development.

KUALA LUMPUR (Nov 9): GuocoLand Malaysia Bhd (GLM) is planning to acquire the entire equity interest in PJ City Development Sdn Bhd and PJ Corporate Park Sdn Bhd for RM30.04 million.

KUALA LUMPUR (Nov 9): Malaysia Building Society Bhd (MBSB) is looking to maintain a well-balanced portfolio in terms of gross loans in order to ensure the sustainability of its business.

MBSB wants its gross loans to be composed equally of personal finance, mortgage, and corporate loans.

KUALA LUMPUR (Nov 8): UDA Holdings Bhd has sent a proposal paper to Syarikat Prasarana Bhd (SPNB) to jointly develop a 11,008 sq m land around the Dang Wangi Light Rail Transit (LRT) station here.

Its chairman Datuk Nur Jazlan Mohamed said the paper was sent on Oct 27.