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Asia Property Market Review. net

 WE WISH YOU A PROSPEROUS YEAR OF 2016

HK's Biggest Mall Landlord Profit Rose Despite Challenging Market

 August 10, 2016

Despite a challenging market, Hong Kong’s biggest shopping mall landlord Wharf Holdings reported company core profit increased 14% to HKD 5.97 billion for the first half ended June. Core profit from investment property sector increased by 11% to account for 78% of the total...

 August 10, 2016

The Peninsula Hotels owner and operator announced today group underlining profit nearly unchanged when compared with the same time period last year after taking into account the factor its Beijing and Chicago units under partial renovation. The revenue stayed at HKD2.61billion, almost unchanged from HKD2.69billion of a year ago...

 July 30, 2016

Prices of non-landed private apartments in Singapore climbed in June up 0.6% month on month, reversing the 0.9% drop in May, according to flash estimates from the NUS Singapore Residential Price Index (SRPI). Resale prices of completed private homes in all regions recorded increase in the month of June when compared with drop in the month before June                                                                                                                                                  

August 4, 2016

CapitaLand reported pretax profit SGD1.05 billion for the first half, 16.5% lower than SGD1.26 billion same period last year due to lower fair value gains from revaluation of properties. Group revenue increased 4.1% to SGD2.03 billion in the first six months ended June from SGD1.96 billion during the same time period a year ago ...                                                                                                                             

 July 22, 2016

Overall prices of private residential properties in Singapore decreased 0.4% in the latest quarter ended June from the previous quarter, prices fall slowed while vacancy rate picked up ...                                                                                                                                                          

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News 

The World Banks says, in face of challenges, lending demand from middle-income countries reached the highest level it has ever been outside a financial crisis at USD 23.5 billion in 2015. Demand for lending from the bank has risen to levels never seen outside a financial crisis, and is on track to climb to more than USD150 billion in between 2013 to 2016, the World Bank said. (Apr 11, 2016

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New Zealand's former Minister of Finance Bill English was elected the Prime  Minister of the country