Headlines
Grade A office rentals on Hong Kong Island slump
Rents and rentals of grade A offices on Hong Kong Island may encounter downward pressure for the next 12 to 15 months - pressure caused by client migration to Kowloon and a still weakened general market, according to real estate consulting firm CB Richard Ellis.
New Zealand property prices reach all-time high
The national median house price has attained its highest ever level, passing the $352,000 reached in November 2007.
Few people buying into luxury home expo
A showcase of luxury Beijing properties aimed at the country's most wealthy inhabitants has so far failed to draw the crowds organizers hoped for.
Central bank tries to stop commercial banks’ interest rate race
Governor of the State Bank of Vietnam Nguyen Van Giau says commercial banks must remain cautious over lending.
Banks offer deals to attract deposits
Numerous banks are offering certificates of deposit and promotions to absorb idle money.