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.
HONG KONG (Feb 16): Global commercial real estate services company Cushman & Wakefield expects the Hong Kong residential property market to continue its downward trend.
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.
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.
PETALING JAYA (Feb 16): Singapore-listed property developer Oxley Holdings Ltd (Oxley) has announced it will open its 207-room So Sofitel Hotel and a 590-key So Sofitel Residences in the heart of Kuala Lumpur City Centre (KLCC) area in 2020, it said in a press statement today.
PETALING JAYA (Feb 16): Eco World Development Group Bhd will be unveiling its Karisma apartment project in Eco Majestic, Semenyih, by end of this month.
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.
KUALA LUMPUR (Feb 16): TSR Capital Bhd has bagged a RM240 million contract from Putrajaya Homes Sdn Bhd to build two blocks of 19-storey and 18-storey condominiums and two blocks of multilevel car park in Putrajaya.
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.
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.