KUALA LUMPUR: While Penang's property market has been sizzling, the stock price performance of the island's largest developer — Eastern & Oriental Bhd (E&O) — has been lukewarm, although that could very well soon change.

BEIJING: Amanda Sun bought three houses in Australia's coastal city of Gold Coast after visiting the town just once as a tourist.

The 33-year-old owner of a small trading firm is one of thousands of Chinese who are beginning to export China's house price inflation abroad by piling into property markets overseas.

HONG KONG: In a new report, Moody's Investors Service changes its outlook for the China property sector to negative from stable. The change reflects the rating agency's expectations for the fundamental credit conditions of the sector over the next 12 to 18 months.

KUALA LUMPUR: S P Setia Bhd Group, which has RM40.5 billion worth of property projects in the pipeline, plans to enter the Singapore property market this year, its president and chief executive officer Tan Sri Liew Kee Sin said.

KUALA LUMPUR: Guocoland (Malaysia) Bhd managed to reduce its pre-tax loss for the third quarter ended Mar 31, 2011 to RM3.187 million from a loss of RM6.074 million in the same period last year.

Revenue decreased to RM23.955 million from RM42.420 million previously.

KAJANG: United Malayan Land Bhd's (UMLand) subsidiary Bangi Heights Development Sdn Bhd is launching a new project called Legundi Residensi — which has an expected gross development value (GDV) of RM40 million — in the Bandar Seri Putra township near Kajang.

HONG KONG: Hong Kong will accelerate a plan to boost land supply by releasing 12 sites in the coming quarter, while the city's financial secretary said on Wednesday, Apr 13 that further cooling measures might be taken to stabilise the frothy property market.

HONG KONG: Hong Kong's retail property market may be hit by the possible closure of Japanese restaurants as a result of concerns over Japanese food safety, industry observers have warned.

HONG KONG: Soaring main street rents and property prices have pushed up rents of mini-offices in industrial buildings by over 10% in the past few months, property agents say.

HONG KONG: Have you ever grumbled your way out of bed after a hard day's work because you forgot to turn the lights off in the apartment before you settled down to sleep?

Imagine being able to simply reach out to the bedside table, pick up your mobile phone and punch in a couple of keys to turn off the lights — or turn on the air-conditioner.