SYDNEY: Foreign investment, particularly from Asia, is expected to continue pouring into Australian real estate, according to DTZ’s latest Australian Investment Market Update.

KUALA LUMPUR: PJ Development Holdings Bhd (PJD) is expected to launch an integrated development project with gross development value (GDV) of about RM750 million in Cheras in mid-2011, said its managing director Wong Ah Chiew.

KUALA LUMPUR: Construction outfit Bina Puri Holdings Bhd announced the securing of two jobs, namely the construction of a RM9 million hospital in Kota Kinabalu, Sabah, and another contract valued at RM5.73 million to build the Stormwater pipeline project in Saudi Arabia.

KUALA LUMPUR: Construction outfit WCT Bhd is eyeing water concessions, and looking to expand its existing retail and hotel portfolio, to grow its recurring income asset base, over the next five years.

HONG KONG: A luxury residential site in Ede Road, Kowloon Tong, sold for HK$1.63 billion (RM653.04 million) at auction to developer Chinachem on Tuesday, Oct 12 — a record price for a residential site in Kowloon.

WASHINGTON: A US-wide foreclosure moratorium could penalize pension funds, insurance companies and other investors and make new loans more expensive, an investor group and industry experts warned on Monday, Oct 11.

HONG KONG: The auction on Tuesday, Oct 12 of a luxury residential site in Kowloon Tong is expected to attract aggressive bidding from developers, and could fetch the government more than HK$1.54 billion (RM616.98 million), say analysts.

HONG KONG: Hongkongers are used to paying top dollar for some of the smallest living spaces in the world — but apparently, even they have limits.

HONG KONG: China's series of policy tightening measures to prevent a property bubble from bursting will likely speed up sales of some projects as prices in top tier cities fall, analysts and industry executives said on Monday, Oct 11.

Datuk Alan Tong-    past Fiabci (International Real Estate Federation) world president (2005-06)-    past Fiabci Malaysia president-    Sunrise Bhd founder-    Bukit Kiara Properties Sdn Bhd group chairman“The top developers in the country continue to work hard to remain on top but it is good to see some new names among the Top 10 this year.