LaSalle, Toga to jointly develop Sydney residential project
International investment firm LaSalle Investment Management and Australia's largest privately owned company Toga Group will co-invest in a major residential scheme at Macquarie Park in Sydney. The project will comprise 561 apartment units in five stages that will be developed over five...
Continue Reading • 14 Jul 2011
HK mass-market home sales may drop in H2
Mass-market home sales in Hong Kong may slip in the second half of this year, due to a series of property measures implemented by the government, said Jones Lang LaSalle (JLL).Joseph Tsang, Managing Director at JLL, also said that mass-market home prices will remain steady due to a lack of...
Continue Reading • 14 Jul 2011
The Residences at St Regis Bangkok welcomes first resident
The Residences at St Regis Bangkok has welcomed Khun Somsak Vayakornvichitr, the first owner of one of the development’s luxurious penthouses.Located along Rajadamri Road, The Residences at St. Regis Bangkok comprises 53 private residences which include three- and four-bedroom units, deluxe...
Continue Reading • 13 Jul 2011
London rents to continue to rise in 2011
Rents in Prime London areas have been rising above inflation rates for the past 18 months, according to global real estate services provider Savills.“After several years of steady, if unexciting growth, the prime central London market has experienced its most dramatic quarterly improvement...
Continue Reading • 8 Jul 2011
Thailand's property market growth depends on political stability
Thailand’s property market has experienced only marginal growth during its political crisis in the last six years, and a new government that could bring true stability would be an important factor towards the recovery of its property market, according to a research released by Jones Lang...
Continue Reading • 8 Jul 2011
Anti-speculation measures take their toll on HK luxury flats
The luxury flat auction on 6 July saw cautious bidders, as the government’s anti-speculation measures started to take their toll.Out of the 10 flats that were placed on the auction block, three flats, two at Baguio Villa and one at Beverly Hills, were pulled out after failing to attract...
Continue Reading • 7 Jul 2011
UAE's new visa regulations to boost investor confidence
The UAE government has extended visas for foreign property buyers to three years from the current six months, in a bid to boost property investment in its struggling real estate market.According to the country’s top developer, this move will significantly boost investors’ confidence...
Continue Reading • 6 Jul 2011
China home prices to drop, says report
China’s skyrocketing home prices will likely see a slowdown in the third quarter but the property market is not expected to suffer a “hard landing”, according to a report published by the Renmin University of China in Beijing. The report showed that more Chinese cities...
Continue Reading • 5 Jul 2011
HK residents rally over property prices
More than 200 protesters were arrested in Hong Kong, as tens of thousands of angry residents gathered in the central business district (CBD) to protest the increasing property prices in the city-state.“The main objective of today’s rally is to protest against property...
Continue Reading • 5 Jul 2011
China's home prices to fall following latest measures
New measures to curb lending and the rising inventory relative to demand will force property developers to reduce home prices in mainland China from Q3 2011, according to Knight Frank.The international property consultant said that the supply of new homes in China’s 10 major cities will...
Continue Reading • 1 Jul 2011
New director for The Residences at St. Regis Bangkok
The Residences at St. Regis Bangkok recently announced the appointment of Gerald Hanna as its new Director of Residences.Launched in April 2011, the Residences will likely benefit from the broad five-star hotel experience that Hanna will bring.“I’m excited to introduce the signature...
Continue Reading • 30 Jun 2011
S'pore's property investments in Iskandar Malaysia to soar
Iskandar Malaysia’s economic corridor could see tremendous growth, as Singapore appears to be serious about investing in the special economic zone.According to a report by The Business Times, Iskandar Malaysia, pitched to investors as a great alternative to Singapore, is looking at...
Continue Reading • 30 Jun 2011
Melbourne attracts Asian investors
Melbourne, Australia’s second most populous city, is attracting Asian property developers with its growing opportunities, which include a vibrant city life, booming financial services, good education facilities, housing shortage and population growth.According to a report by Bernama,...
Continue Reading • 28 Jun 2011
Rogue property officials in HK to face tough punishment
Top executives and directors of property developers in Hong Kong, along with their real estate agents, could face up to 10 years in prison for false trading and price manipulation, according to a report by The Standard.However, the report said that representatives of property developer companies...
Continue Reading • 27 Jun 2011
HK developers launching more luxury units amid cooling measures
Developers in Hong Kong are launching more luxury units on the market, amid government cooling measures, while staying confident of strong support from wealthy Chinese buyers.“The effects of government measures have already been seen. Mortgages have been tightened," said Victor Lui...
Continue Reading • 24 Jun 2011
HK home buyers turn to renting
Flat sales in Hong Kong remain slow, as potential buyers opt to rent while awaiting a new outlook in the wake of government attempts to curb the real estate market, according to a report by The Standard.Midland Realty registered a total of 21 transactions, compared with 24 in the previous week.In...
Continue Reading • 20 Jun 2011
Keppel Land to develop waterfront site in Vietnam
Keppel Land Limited has obtained masterplan approval for its integrated waterfront residential development site in Ho Chi Minh City (HCMC), Vietnam.The company, through its wholly-owned subsidiary Flemmington Investments Ltd, together with joint venture (JV) partners, Tran Thai Co, Ltd (Tran...
Continue Reading • 20 Jun 2011
HK buyers dominate London's overseas property sales
Hong Kong investors have seized a growing share of newly developed homes in London over the past 12 months, strengthening their position as the largest group of foreign buyers in the market.According to property firm Knight Frank, 24 percent of off-plan buyers in the 11 boroughs of inner London...
Continue Reading • 16 Jun 2011
Australand acquires Sydney site for residential project
Australand, the Australian unit of Southeast Asia’s largest property developer, CapitaLand, has acquired a residential site in Sydney for A$35 million (S$46 million), in a joint venture (JV) deal with a fund managed by LaSalle Investment Management.“Australand is pleased to have...
Continue Reading • 16 Jun 2011
HK property measures fail to deter developers
Property developers seem unfazed by the recent measures implemented by the Hong Kong government to cool the property market.“The government is running out of options to influence the market. The new measures should not pose a problem to the market,” said Cheng Yu-tung, Chairman of New...
Continue Reading • 15 Jun 2011