HONG KONG: Rents of serviced apartments have risen strongly this year because of an influx of expatriates relocating to Hong Kong as a result of the expansion of financial institutions.

Tai Hung Fai Enterprise's managing director Edwin Leong Siu-hung said his group had raised rents twice this year and would do so again before the end of the year.

HONG KONG: Buyers splashed out HK$13 billion (RM5.18 billion) on newly released flats in Hong Kong during the "golden week" national holiday weekend, providing fresh evidence that government measures aimed at cooling demand for property are not working.

HONG KONG: Homebuyers looking for small flats in urban areas as a first choice may be deterred by soaring prices — such as the HK$6 million (RM2.39 million) being asked for a new 400 sq ft apartment now on offer in Wan Chai.

MUNICH: Fund manager Henderson plans to raise some US$900 million (RM2.78 billion) to buy malls on the mainland and in Germany, as robust growth in the two economic powerhouses boosts domestic spending, the company's head of global property says.

DUBAI: A wave of investor optimism kicked off Cityscape Global 2010 on Monday, Oct 5, after a series of confidence-boosting economic news in Dubai and other emerging markets.

KUALA LUMPUR: Malaysia will celebrate World Day of Architecture for the first time with the launch of the month-long “Architects Malaysia Exhibition” on Oct 4.

The exhibition is organised by the Malaysian Institute of Architects (PAM) and carries the theme “Better Cities, Better Lives – Sustainable by Design”.

HONG KONG: Hong Kong's housing market has continued to shrug off government measures to curb speculation, with units offered at mid- to high-price ranges attracting a strong response over the long weekend.

Cheung Kong (Holdings) and Sun Hung Kai Properties between them pulled in more than HK$11 billion (RM4.4 billion) in sales since Thursday.