SYDNEY: Australian house prices fell sharply last quarter as higher mortgage rates cooled the market and the local dollar broke above US$1.1000 (RM3.267) for the first time since 1982, news that could lessen the growing pressure for higher interest rates.

LONDON: House prices in England and Wales fell in April at their fastest annual pace in 18 months and are likely to slip further this year on fears about the economic outlook, Hometrack said on Monday, May 2.

JOHOR BAHRU: Iskandar Malaysia, the main southern development corridor in Johor, needs a strong domestic investor base to sustain growth momentum.

Both the government and local housing industry have been looking at implementing the build-then-sell (BTS) concept as a means of solving the issue of abandoned projects, but the question is, is Malaysia ready for it?

PJ office sector stable for now

Intermittent downpours brought some relief from the scorching heat recently but by the look of things, they did nothing to lower the temperature of property enthusiasts in the Klang Valley.

This woman has come to inspect the site more than eight times. Once, she even brought along a consultant and she has yet to make a purchase. It’s so frustrating,” shares Peter Chan, CEO of Superboom Projects Sdn Bhd, the developer of The Haven in Ipoh.

Penang-based developer Island LandCap Properties Group upholds five core values — perfectionism, dedication, innovation, integrity and passion — and its executive chairman Oon Weng Boon hopes that building on these core values will make the company the preferred developer for innovative and premium properties

Three Singapore office transactions totalling well over S$1 billion (RM2.4 billion) were inked in quick succession last week and analysts believe that more purchases, especially those by real estate investment trusts (REITs), are in the pipeline.

The number of new private homes sold in February in Singapore was 1,101 units, down about 9% compared with the preceding month (see Table 1).