15 Feb '11, 1pm

Property investors now prefer New York, London and KL: IP Global

SINGAPORE - Investors are optimistic about the property markets of New York, Kuala Lumpur and London, international property investment firm, IP Global, said on Tuesday. This is in contrast to their outlook for the property markets in China, Dubai and Greece. According to IP Global's Property Barometer for the first quarter of this year, prices in the Manhattan property market will continue to rise in 2011. New York City's housing market finished 2010 with a 10 per cent increase in prices over the last three months of the year. Even the 'Dr Dooms' of finance, Messrs Nouriel Roubini and John Taylor, have recently purchased residential property in New York. For Malaysia, IP Global cites the encouraging performance of the manufacturing and services sectors and the strong gain in the ringgit as positive indicators. It expects the Kuala Lumpur property market to remain stable d...

Full article: http://www.todayonline.com/Business/Businessinbrief/EDC11...

Tweets

In New York and need a condom? There's an app f...

straitstimes.com 15 Feb '11, 12am

NEW YORK - NEED a condom? There's an app for that. The New York City Health Department on Monday unveiled a smartphone app...

India woos Muslim investors with new stock index: MUMBAI : India's stock market has traditionally been dominated...

India woos Muslim investors with new stock inde...

channelnewsasia.com 14 Feb '11, 12am

MUMBAI : India's stock market has traditionally been dominated by Hindu investors but the country has taken a step towards...

Rolls-Royce opens global marine HQ in S'pore

Rolls-Royce opens global marine HQ in S'pore

channelnewsasia.com 15 Feb '11, 4pm

SINGAPORE : Rolls-Royce on Tuesday opened its global marine business headquarters in Singapore. With the shift to this par...

Brent crude closes above US$103 a barrel in London

channelnewsasia.com 14 Feb '11, 9pm

NEW YORK: Oil prices were mixed on Monday, as crude fell in New York but surged above $104 a barrel in London to fresh two...

Chinese investors looking outside China after i...

channelnewsasia.com 11 Feb '11, 2pm

SINGAPORE: With China raising lending rates yet again, analysts expect more Chinese investors to look at property markets ...

Commercial property on fast upward track in Asi...

todayonline.com 10 Feb '11, 10pm

SINGAPORE - The path of the two-speed global economic recovery, currently under way, will determine the prospects for comm...

A-REIT to purchase commercial property in China

channelnewsasia.com 11 Feb '11, 3am

SINGAPORE: Mainboard-listed Ascendas REIT (A-REIT) said it will buy a commercial property in China for S$117.6 million fro...

SNA - Morgan Stanley Urges New York Judge to Di...

Morgan Stanley, accused by a group of Singapore investors of fraudulently wiping out their $154.7 million investment, urge...

Luxury property fund eyes S'pore apartments: by...

todayonline.com 20 Feb '11, 10pm

SINGAPORE - Luxury property fund The Hideaways Club is here to look out for high-end apartments for its new timeshare prop...

Asia to play vital role in global economy

Asia to play vital role in global economy

channelnewsasia.com 16 Feb '11, 1pm

SINGAPORE: A fragile recovery in advanced nations means Asia will increasingly play a more vital role in the global econom...