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Penang a haven for developers

May 14th, 2012 · No Comments

A non-governmental organization (NGO) has condemned the Pakatan Rakyat government for supposedly converting Penang into a developers’ state. The Consumers Association of Subang and Shah Alam (Cassa) which said this maintained Chief Minister Lim Guan Eng had “allowed developers to take control of the state.” Cassa president and legal adviser Jacob George said that the […]

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Tags: Unusual Findings

Hong Kong property prices and rents expected to fall in 2012

March 3rd, 2012 · No Comments

Concerns over anapproaching worldwide recession are influencing the interest of potential home buyers in Hong Kong, this is according  to the Knight Frank December 2011 Hong Kong luxury residential report. At the same time, local and mainland banks in China have continue to be cautious towards mortgage lending. A number of banks raised their mortgage […]

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Tags: Unusual Findings