Mah Sing Group
3 more land acquisitions of GDV RM1.1b

SYDNEY: Australian home loan commitments for May, released by the Australian Bureau of Statistics (ABS) on Monday, July 12.

A Reuters poll forecast the number of home loans rose 1.5%, seasonally adjusted. Estimates ranged from a fall of 4.5% to a rise of 3.4%.

HONG KONG: Hundreds of home seekers and investors lined up last Saturday, July 10 to snap up 365 flats at two housing projects — signalling buyers are taking advantage of a rising property market.

Some 285 flats or 76% of the flats at Lime Stardom in Tai Kok Tsui were gone by 5pm after sales were launched at 9am.

HONG KONG: Chinachem Group, once counted among Hong Kong's leading property developers, is bidding to recapture its former glory days, now that the legal tussle over the estate of its late chairman, Nina Wang Kung Yu-sum, has been settled in its favour.

The royal town is not exactly a real estate hot spot, but astute investors like Eddie Soh, who has bought and sold at a profit over 20 properties in the past three years, have unearthed some gems.Klang in Selangor may not be considered a real estate hot spot.

Combining international property investment with luxury holidays, The Hideaways Club of the UK is both an investment fund and a private members club.“It is certainly not a timeshare nor is it a real estate investment trust (REIT),” says the exclusive club’s chairman Mike Balfour when City & Country meets up with him.The property fund comprises a portfolio of luxury villas and ski chalets lo

It is perhaps the first and only listed company on Bursa Malaysia that has three managing directors. Sunway City Bhd (SunCity) recently appointed former COO Ho Hon Sang as managing director, property development (Malaysia), to take charge of local projects. He replaces Ngian Siew Siong who has been entrusted with a new portfolio — managing director, property development (international).

Ho Hon Sang, the newly appointed managing director of property development (Malaysia) at Sunway City Bhd (SunCity), has mixed feelings about his promotion.

Far East Organization (FEO), Singapore’s largest privately held developer, has restarted the marketing and selling of its “ultra-luxury” residential projects under the newly introduced brand name Inessence.

Hong Kong has maintained its ranking as the world’s most popular destination for luxury brands, with nine in every 10 high-end global retailers present in the city, according to a survey by property consultant CB Richard Ellis.