News: hong kong property investment

The most recent hong kong property investment news from a variety of international property news sources.

Malaysia property market to ride on new wave of interest

CB RICHARD Ellis (Malaysia) Sdn Bhd (CBRE), a real estate services company, expects the number of property transactions in the country to improve this year, thanks to a new wave of interest from local and foreign institutional funds.
Executive chairman Christopher Boyd said there is strong buying interest from Singaporean, Hong Kong, Korean and Arab investors, [...]

E&O Prop will soon launch RM1.8bil condo project

An artist’s impression of the RM1.8bil Quayside condominium to be launched at Seri Tanjung Pinang.
GEORGE TOWN: E&O Property Development Bhd will launch the RM1.8bil Quayside luxurious condominium at its sea-fronting Seri Tanjung Pinang project in Tanjung Tokong early next month.
Group general manager (marketing and sales) Lim Hooi Yen said the scheme on a 21-acre freehold [...]

Malaysia property market on uptrend

The property market in Malaysia is on an upward trend with middle class suburban property prices rising driven by the steady stock market movement.
Ho Chin Soon, director of Ho Chin Soon Research, a property company that specialises in land use and ownership maps, said the KLCI which has been moving upwards from 2009 to 2010, [...]

E&O piles on the luxury for Quayside condo project

The luxury condominium project in Penang will boast the region’s first private waterpark within a gated community.
An international marina, premium water-taxi service, upscale food and retail outlets and commanding views of the Andaman Sea are among the attractions property developer E&O Property Development Bhd will offer potential buyers at its RM1.8 billion Quayside Seafront Resort [...]

CapitaLand pays US$2.2b for properties in China

HONG KONG/SINGAPORE: Orient Overseas (International) Ltd (OOIL) has sold US$2.2 billion (US$1 = RM3.34) in Chinese property to Singapore’s CapitaLand as the loss-making Hong Kong company seeks to raise cash and focus on its core shipping business.
The sale of residential, hotel, and retail properties in China will generate a lump sum of cash for OOIL [...]

Let’s be cautious about the property sector

Property markets in various parts of the world are coming alive again and property is regaining its lustre as one of the favourite investment instruments after more than a year of “hiccup” caused by the global financial crisis.
Even while Dubai is still mired in a crisis after the collapse of its property market last November, [...]

Amari to go global, plans 7 properties across India

In a bid to become a truly international brand, hospitality major Amari, which currently has 11 properties across Thailand, has gone on a major expansion spree, and identified several key destinations abroad, including Singapore, Hong Kong and London, with India being the most significant market for its expansion and growth.
“We have firmed up plans to [...]

Hong Kong Moves To Stop Bubble Trouble

The Hong Kong Monetary Authority, the city’s central bank, last month imposed tighter mortgage restrictions, which Hong Kong Chief Executive Donald Tsang said were to stave off a big property bubble following soaring prices this last year. He told attendees at a business lunch: “We do not want to see a huge property bubble developing [...]

Speculative property buying under control

PETALING JAYA: Excessive speculative buying of properties due to the availability of various flexible home loan packages is not a major concern in Malaysia, industry players and analysts said.
“Given that many of the buyers were first-time home owners or upgraders, the company was not overly concerned about speculative buying,” SP Setia Bhd chief executive officer [...]

China c.bank to monitor property market in 2010

BEIJING: China’s central bank said on Wednesday, Jan 6 that it will pay particularly close attention to the property market in 2010 while managing inflationary expectations, according to a Reuters report,
The central bank’s focus on housing prices makes clear its intention to consider asset markets in its formulation of monetary policy at a time when [...]