Hong Kong residential property market expected to continue downward trend
HONG KONG (Feb 16): Global commercial real estate services company Cushman & Wakefield expects the Hong Kong residential property market to continue its downward trend.
More China investors to buy HK office buildings in 2016
HONG KONG (Feb 16): Hong Kong is expected to see more China investors acquiring office buildings in 2016, according to global commercial real estate services company Cushman & Wakefield.
TRC Synergy sells Melbourne office property to MD
KUALA LUMPUR (Feb 16): TRC Synergy Bhd is selling an office suite in the suburbs of Melbourne, Australia, to its managing director Tan Sri Sufri Mohd Zin for A$1.
Sunway Gandaria Retail 95% sold
BANGI (Feb 16): Sunway Property -- the property arm of Sunway Bhd -- clinched 95% sales for Sunway Gandaria Retail, one of the components of its latest mixed-use development in Bangi, Sunway Gandaria.
Mah Sing to buy back its bonds
KUALA LUMPUR (Feb 16): Mah Sing Group Bhd, the country’s second-largest property developer by sales value, is to buy back all of its unconverted secured bonds for RM337.
PROPERTY SNAPSHOT 2: What’s affordable in Kuching?
While the overall Kuching property market has been tepid, the high-rise segment continues to perform relatively well, as it offers an affordable alternative to increasingly expensive landed homes.
Chennai new launches held back on property glut
CHENNAI (Feb 15): Chennai recorded a 62% drop in new property launches in 2015 compared to 2014, due to a lot of existing supply in the market, according to JLL India.
PROPERTY SNAPSHOT 1: Kuching, a buyer's market
This week’s spotlight falls on the secondary market for non-landed residences in Kuching, Sarawak.
