Property

A high-rise will go up at this construction site in the Iskandar Malaysia development area. Analysts are warning that too much construction here may dent property values.

Malaysian property market

Development frenzy sparks bubble fears in Johor

ISKANDAR, Malaysia -- On a palm tree-lined coastal road here, the Country Garden complex will feature luxury residences and classy stores. Adjacent to the showroom, a Chinese developer is rushing to build more than 9,000 residential units and malls i...

  • Japan Inc. in Indonesia

    Little Tokyo popping up in Jakarta suburb

    JAKARTA -- An Indonesian conglomerate owned by ethnic Chinese plans to develop a "Little Tokyo" on the outskirts of this capital city to cater to the growing number of Japanese sent here by their employers back home. Lippo Group has teamed up wit...

  • International property

    China's foreign real estate spending spree

    DALIAN, China -- A 56-story luxury condominium on the banks of the River Thames in London is drawing strong interest from Chinese investors. "One Nine Elms", by Dalian Wanda Group, China's largest commercial property company, is the conglomerate'...

  • Commercial real estate

    Tokyu Land to open complex for creative professionals in Tokyo's Daikanyama

    TOKYO -- Japanese property developer Tokyu Land on Nov. 28 will open a complex for designers and other creative professionals in Tokyo's Daikanyama district. The new Tenoha Daikanyama commercial complex will be built on a roughly 3,900-sq.-meter ...

  • Tokyo's Nihombashi district a blend of tradition, novelty

    TOKYO -- As one strolls the cobbled street past the Coredo Muromachi commercial building, a new landmark in central Tokyo's Nihombashi district, the brand new torii gate of the Fukutoku Shrine comes into view. On the shrine's new 530-sq.-meter site, ...

  • Funds flowing into Japanese real estate

    TOKYO -- Investors are pouring money into Japan's real estate sector as hopes for an end to deflation grow. Shares of Mitsubishi Estate and Sumitomo Realty & Development climbed nearly 3% Friday, while the Nikkei Stock Average gained just 0.56%. ...

  • Mitsui Fudosan's first-half net profit jumps 18% as property market perks up

    TOKYO -- Japanese real estate developer Mitsui Fudosan posted a record net profit for the April-September half, with market watchers giving at least some of the credit to the economic policies of Prime Minister Shinzo Abe. The company's net prof...

  • Tokyo's Ginza back streets full of retro flavor

    TOKYO -- Visit Tokyo's Ginza district and you'll see an abundance of swank shops and other upscale establishments lining the area's broad avenues. But slip into the back streets, and you'll find yourself in a very different place, with reminders of a...

  • Dai-ichi Life takes Italian partner for Tokyo apartment investing

    TOKYO -- Dai-ichi Life Insurance plans to set up a private placement investment fund of several dozen billion yen with the Italy-based Generali Group and invest the money in rental apartment complexes in Japan. Dai-ichi Life expects the scheme to pro...

  • Popularity of 'solitary confinement' condos worries Hong Kong property watchers

    HONG KONG -- Cramped condominiums are increasingly hot properties in Hong Kong, prompting pundits to sound the alarm about an overheating real estate market. Large apartments, not to mention single-family homes, are beyond the reach of many in t...

  • Office rents on the rise in Japan

    TOKYO -- Limited availability is pushing up rents for existing offices in Tokyo and Osaka, lifting a corresponding Tokyo index to its first second-half gain on the year since 2012. Nikkei Inc. surveyed listed rents for newly available properties ...

  • Mitsui to help launch Thailand's first logistics REIT

    TOKYO -- Mitsui & Co. will enter the logistics real estate investment trust business in Thailand. The Japanese company will invest a total of 1.5 billion yen ($13.7 million), including a 30% stake in a REIT manager of local industrial site develo...

  • Mitsui Fudosan accelerates Tokyo redevelopment with increased capital

    TOKYO -- Major Japanese real estate companies are speeding up development projects in the heart of Tokyo as many eye the 2020 Olympic Games. Mitsui Fudosan is spending much of the roughly 320 billion yen ($2.94 billion) it raised through its firs...

  • Facing lull at home, Tokyu sets about urbanizing SE Asia

    TOKYO -- The search for a new revenue source is taking railway operator Tokyu from its profitable but mature home market in Japan to fast-growing Southeast Asia, where lucrative redevelopment projects await. In Japan, Tokyu is the leader in redev...

  • China's housing prices continue to head south

    BEIJING -- Housing prices keep sliding in China, with declines spreading beyond glut-ridden regional cities to such metropolises as Beijing and Shanghai, where demand is normally strong. New-home prices fell from the previous month in all but one...

  • Robust housing starts offer hope for Australian recovery

    SYDNEY -- Hopes for a recovery in Australia's economy have been given a boost from strong growth in home construction, which has hit a 19-year high. With the country's large mining sector suffering from weak commodity prices, government officials...

  • Tokyo office lessors cater to the little guy

    TOKYO -- Major Japanese real estate companies are homing in on new target customers: budding ventures and individual businesspeople who want some space of their own. Sumitomo Realty & Development is about to open its first shared office facility ...

  • China's property market set for correction, not collapse

    The real estate sector in China has been called the most important sector in the world. It accounts for over 16% of China's gross domestic product and is the largest source of marginal global demand for commodities. To put it in context, investment i...

  • Taiwan, Hong Kong investors targeting Japanese real estate

    TAIPEI/HONG KONG/TOKYO -- Rich individuals from Taiwan and Hong Kong are turning toward Japanese real estate as rising prices at home squeeze returns on investments there. Many Japanese properties generate yields of 4-6% after management fees and...

  • Handan's property dream is over

    HANDAN, China -- "A new life starts here," goes the advertising slogan for Handan in China's northern Hebei province. However, ''a new life'' in the city may not be as promising as the slogan suggests. Unfinished high-rise condominiums, where tho...