Hong Kong is home to the most ultra-rich people, says report
KUALA LUMPUR (Sept 8): A recent report by research firm Wealth-X has concluded that Hong Kong hosts the most ultra-rich people on the planet.
Country Garden shares see-saw over Dr M’s foreign property ownership ban, says report
KUALA LUMPUR (Aug 28): Country Garden Holdings’ shares “see-sawed” yesterday after Malaysian Prime Minister Tun Dr Mahathir Mohamad announced that foreigners will not be allowed to buy property at the Forest City (pictured) mega project in Johor.
PRG says HK-listed subsidiary Furniweb issues profit warning
KUALA LUMPUR (Aug 6): PRG Holdings Bhd's 75%-owned Hong Kong-listed subsidiary Furniweb Holdings Ltd had today issued a profit warning after a preliminary review of Furniweb's unaudited accounts for the six months ended June 30, 2018 (1HFY18).
Hong Kong luxury homes expected to dip in price
PETALING JAYA (July 31): Over the next two years, analysts expect the prices of luxury units in Hong Kong to fall, in response to a new tax on empty properties, reported the South China Morning Post (SCMP).
Property market to pick up soon, says Knight Frank
KUALA LUMPUR (July 26): There are clear signs of improvement in the property market and it is expected to pick up sometime in the second half of this year or the first half of next year, according to real estate consultancy Knight Frank Malaysia.
HK’s red-hot property market exorcises ‘haunted’ apartment phobias
PETALING JAYA (July 1): Hong Kong’s red-hot property market has driven away fears of hongza – “haunted” apartments where tragic deaths took place – as buyers seek cheaper deals amid escalating prices and punishing taxation meant to curb price growth, reported Reuters.
Elderly relatives shot dead over apartment inheritance in Hong Kong
KUALA LUMPUR (June 27): Sky-high property prices in Hong Kong have been hitting the news quite regularly these days but the latest news about the territory’s real estate market took a tragic turn recently.
Two adjoining Repulse Bay town houses in Hong Kong sold for US$127m
KUALA LUMPUR (June 23): Hong Kong (pictured) just keeps setting records for its uber expensive real estate.
Let us retain our islands in South China Sea, says PM
PETALING JAYA (June 20): Malaysia would like to retain the islands in the South China Sea the country has occupied, said Prime Minister Tun Dr Mahathir Mohamad in an interview recently.
Malaysia’s Global House Price Index 5.8% higher y-o-y
KUALA LUMPUR (June 12): Malaysia saw a 5.
