KUALA LUMPUR: The construction industry may soon see a major change in the way non-payment issues are resolved. Issues of cash flow shortage or non-payment of progress billings that often plague the industry may be reduced in the future when a Bill to regulate the payment is passed by Parliament.

PETALING JAYA: Simple green features such as rain water harvesting and designs that enable natural cooling of a building will be included in the future development of houses under the government's Public Housing Programme (Program Perumahan Rakyat), said Housing and Local Government Minister Datuk Wira Chor Chee Heung.

KUALA LUMPUR: The possible raising of the deposit required for a property developer's licence may not reduce the number of abandoned projects, but could instead lead to costlier homes, said the Real Estate and Housing Developers Association (Rehda).

KUALA LUMPUR: Bukit Kiara Properties Sdn Bhd (BKP) has rewarded 24 contractors a total of RM366,500 in bonuses for helping the developer achieve a high CONQUAS (Construction Quality Assessment) score for the Vibe tower at its Verve Suites project in Mont'Kiara here.

Property developers in the country are predicting that the housing sector will continue to see strong demand,  barring any bad news on the global economic front.

Some of them may seem like fresh-faced novices in the field, but their maturity belies their age. These eight enthusiastic young adults City & Country features in its final issue of the year have been picked to represent the next generation of real estate developers.

South Koreans are the low-hanging fruit. They are very comfortable with Malaysia because [of the existing populace] of Koreans here,” Kumar Tharmalingam tells City & Country.

GEORGE TOWN: The state government should allow more reclamation, higher plot ratio, development above 250 feet in certain areas and development of other parts of the island to address the current land shortage for property development.

GEORGE TOWN: The Real Estate and Housing Developers' Association (Rehda) of Penang is claiming that the high cost of land is the main reason for houses being sold at high prices in the state.

Chairman Datuk Jerry Chan Fook Sing said the high cost of land was also the reason for developers' inclination towards building upmarket homes in the state.

Datuk Alan Tong Kok Mau is renowned for transforming a rubber estate on the fringes of Kuala Lumpur into what is now the thriving international enclave of Mont’Kiara, earning him recognition as “KL’s Condo King”.