SINGAPORE: Commercial properties in Asia will continue to perform well in the second half of 2011, said Asia real estate investment house Pacific Star Group in its biannual Asia Property Outlook and Strategy report.

KUALA LUMPUR: A property bubble burst is unlikely to happen in the Asia Pacific, including Malaysia, as there are no signs to indicate such a trend in the next two years, says AmInvestment Bank Group.

Director for retail funds Ng Chze How said real estate investment trusts (REITS) would also not experience a burst including those acquired by the group.

KUNMING (China): Nestled in a sleepy southern district of Kunming city in southwest China, is a 10,000 square metre, four-storey building that could make Swedish furniture giant Ikea uneasy.

BEIJING: Average new home prices in 100 major Chinese cities rose 0.2% in July from the previous month to 8,874 yuan (RM4,032.48) per square metre, with growth slowing slightly under the influence of official policy tightening, a private data provider said on Monday, Aug 1.

NEW YORK: The former estate of legendary actress Katharine Hepburn who died in 2003, is up for sale with a US$28 million (RM82.04 million) asking price.

Just a year away, the London 2012 Olympic Games is a once-in-a-lifetime opportunity for most Britons to experience what’s been dubbed as “the greatest show on earth” on home ground.  

BEIJING: The Ministry of Environmental Protection reported that the monitoring indicated that air quality in 45 Chinese cities was polluted during the first half year, Xinhua news agency said Monday, Aug 1.

KUALA LUMPUR: UMS-Neiken Group Bhd's wholly-owned subsidiary UMS-Neiken (M) Sdn Bhd (UMSN) is acquiring leasehold vacant land in Selangor from Federal Poultry Industries Company Sdn Bhd for RM2.036 million.

KUALA LUMPUR: The property arm of Sunway Holdings Bhd SunwayMas Sdn Bhd held a preview of its Paragon Point II commercial development in Pusat Bandar Baru Bangi over the weekend of July 30. Currently, some 60% of its units are already sold.

KUALA LUMPUR: Real estate investment firm Swhengtee International Sdn Bhd has received the 2011 International Standard Quality Award for the Quality Professional Company category.

The award was presented by the European Union Analysis Alliance (EUAA) last Thursday, July 28 at the Shangri-La Hotel Kuala Lumpur.