Money - Features - The Standard

Issue: October 09, 2008 (Archive)

Friday, May 24, 2013

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Sales blast in Windy City
Housing markets in the United States are on a roll, thanks to strong capital flowing around the world. And Chicago appears to be the biggest beneficiary as home sales surged 32.5 percent in April from a year ago, according to data from the Illinois Association of Realtors.

Sanctuary by the waters
Mirage by the lake lies tucked away behind the foliage at Cyberjaya, Malaysia - an oasis of calm amid mountain backdrops.

Ruling class
Nestled in a prime triangular area formed by St John's Wood, Primrose Hill and Regent's Park, Regents Gate enjoys an exclusively sophisticated living space surrounded by greenery in a quiet neighborhood that stands for understated opulence.

Live the Lincoln life
London's Canary Wharf is no longer just a showcase area that commands international status for its global commerce links, financial might, advanced transport infrastructure, and cultural and fashion creds.

Kowloon East is rising
The perception of a sustained low- interest-rate environment, continued growth in Grade A office rents and abundant liquidity in the marketplace indicates an investment opportunity for owner occupiers to enter the office sales market.

More room for rents to fall
Residential rents in Hong Kong, which have fallen recently amid the lackluster market, are forecast to plunge even more with substantial new flat supply coming onstream in the next two years.

A living legend
Here's a home for you with sea and mountain views. And the 1,738-square- foot family apartment is in the smart district of Mid-Levels East.

Retirees give Malaysia a lift
Malaysia has consistently drawn the attention of foreign investors to its property market. Many of them are expats who want to retire in Asia, said Amous Lee, an executive director of IP Global, a worldwide property investment firm.

Shutting up shops
Rents at some of Hong Kong's most upscale retail areas are now the highest in the world. Landlords have been ruthless. They have hiked rents continuously, taking them to such a high level that even well-heeled retailers are now moving out.

Office tenants staying put
Top-tier office buildings in Central have shown high rental volatility, largely reflecting external market conditions.

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