No one would expect an affordable or low-cost housing project to win an international property award but this year, the Fiabci (International Real Estate Federation) Prix d’Excellence Awards found one such winner.The project came out of China, a first-time participant in the awards. Of the four entries from China, two were winners and one a runner-up.

KUALA LUMPUR: Kuala Lumpur Pavilion Sdn Bhd has appointed Joyce Yap as its chief executive officer for retail from May 1. Yap joined the company which manages lifestyle mall Pavilion Kuala Lumpur in May 2002 as director of leasing and marketing after which she was promoted to acting chief executive officer for retail.

KUALA LUMPUR: S P Setia Bhd’s Setia Eco Gardens project in Johor and Pavilion Kuala Lumpur have emerged winners in the Fiabci Prix d’Excellence Awards 2009 international property awards. Fiabci is the French acronym for the International Real Estate Federation. S P Setia won in the Master Plan category while Pavilion KL won in the Retail category.

KUALA LUMPUR:  Sales activity in the Hong Kong residential market was on the upward trend in April and the first half of May. According to the Land Registry of the Hong Kong SAR Government, the number of sales transactions surged to more than 10,000 - a level which was last seen before the global financial crisis.

KUALA LUMPUR: Moody's Investors Service has a negative outlook for China's property development sector over the next 12-18 months.The international ratings agency said on May 19 local developers were facing continued operating uncertainties, imminent refinancing risk, and diminished balance-sheet liquidity.

KUALA LUMPUR: Over 3,000 Asian and international real estate professionals are expected to gather and discuss issues affecting real estate investment and development in Asia at Cityscape Asia 2009 which begins on May 19 in Singapore.Held over three days until May 21 at Suntec Singapore, the forum aims to assist the real estate professionals in sourcing new investment opportunities and meeting p

KUALA LUMPUR: The A(H1N1) influenza epidemic has “infected” the real estate industry, taking the International Real Estate Federation (Fiabci) as its latest victim.The 60th Fiabci (International Real Estate Federation) World Congress that was to be held from May 19 till May 23 at the Beijing Hotel in Beijing, China has been called off at the eleventh hour.More than 600 Fiabci members from aroun

While property developers are in overdrive to push sales in a cautious market, real estate agents are working to crank up the secondary market where transactions have dipped by at least 20% in the last six months.According to Julie Wong, the newly-appointed Malaysian Institute of Estate Agents (MIEA) president for 2009-2011, the biggest drop in transactions has come from the condominium sub-sec

It is not unusual nowadays to see developers jumping on the “green” bandwagon in their new developments.

While many developers are lying low in the current economic downturn, there are some that have gone ahead with their plans.