Property prices in both Mainland China and Hong Kong have skyrocketed in recent years. Hong Kong’s South China Morning Post reported that a 3-storey house on The Peak, with a view of Victoria Harbour, changed hands on March 16 at HK$280 million (RM115.3 million).

The Chinese real estate investors are in town and they are buying, buying big.Besides high-net-worth Chinese individuals, there is a group of coal miners from Shanxi, 600km away from Beijing, with a combined net worth of more than US$1 billion (RM3.2 billion).

Sunway Giza, the latest retail icon within Petaling Jaya’s Kota Damansara township, is creating a new buzz in the area.Located along Persiaran Surian and a part of the Dataran Sunway commercial enclave,Sunway Giza, developed by Sunway City Bhd (SunCity) on a 6.17-acre tract, is a neighbourhood shopping centre.“It provides an alternative for the residents who might not want to go to the major sh

Standing on the rooftop terrace of the Parbury Avenue house that was once his family home, Derek Goh gestures at the view of the Upper East Coast neighbourhood with the greenery, and a glimpse of the sea beyond. “This is the most desirable aspect of the property — the view, the location,” he says. “You just have to be up here to appreciate it.

Located within Shanghai’s grade 4A National Tourism Park in the Songjiang district, the Sunville project sits at the core of the southern foot of West Sheshan. The 1,389-acre residential area consists of 13 isles and a peninsula that are connected by European-style steel bridges in different colours.

Since the global financial crisis, a number of UK developers have begun to market their properties in Malaysia. They appoint local realtors and hold exhibitions, giving Malaysians first dibs on the properties, even before they are released in the UK itself.

Investors who bought something at one of the countless London property launches held in Singapore over the past year might be interested to know they are partially responsible for the UK capital city’s “post-banking crisis proper

Flying high with Firefly

One crucial aspect of investing in real estate is the objective of the investment.

It has been about two years since German Ambassador to Malaysia Dr Guenter Georg Gruber took up his post in Kuala Lumpur.