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City & Country: Building affordable homes fast and holistically

"AFFORDABLE HOUSING” has become a catchphrase of late, and one Malaysian company has come up with a prefabrication system that is mobile enough to be shipped anywhere in the world. Called the Acasys Eco Home System, it was developed by Steve Low, the managing director of S N Low & Associates Sdn Bhd, with the combined experience of members of the Acasys Group.

Tycoon, offering HK$500m to "future son-in-law", resumes KL project

KUALA LUMPUR: Playboy property magnate Cecil Chao of Cheuk Nang (Holdings) Ltd — better known for his audacious HK$500 million (RM211.51 million) “prize” that awaits the man who wins his lesbian daughter’s heart — is back in town for business and pleasure.

Rehda Youth tour of Banjaran Hot Springs

IPOH: A total of 19 participants from various property development companies in the country attended the Real Estate & Housing Developers Association Youth Wing’s (Rehda Youth) tour of the Banjaran Hot Springs in Ipoh late last year.

UK house prices to grow by 25% in the next five years

KUALA LUMPUR: UK house prices are forecast to grow by 25% in the next five years to end-2018 from an earnings-led price growth, according to the Savill Residential Property Focus fourth quarter (4Q) 2013 report.“Our analysis shows the housing market is not in bubble territory and could see as much as 25% growth over the next five years without significant damage to household finances,” stated t

GSH buys Sabah resort

KUALA LUMPUR: Singapore-listed GSH Corp Ltd is venturing further into real estate development in Malaysia, with the acquisition of a major stake in Sutera Harbour Resort and two parcels of residential land in Sutera Harbour, Kota Kinabalu, Sabah.

IOI Prop in the limelight before listing

KUALA LUMPUR: IOI Properties Group Bhd (IOIPG), which is tentatively slated for a listing on Bursa Malaysia on Jan 15, found itself in the limelight over the time frame given to shareholders of parent company IOI Corp Bhd to apply for their entitlement in IOIPG.

Singapore developers move from best to worst

SINGAPORE: Singapore’s developers posted the worst performance on the benchmark Straits Times Index this year after recording the biggest gains in 2012 as property curbs drove home sales lower and slowed price gains.

Daiman grows landbank through RM33m purchase of firm

KUALA LUMPUR: Johor-based property developer Daiman Development Bhd has acquired 100% stake in Sin Yue Holdings Sdn Bhd, a company that owns 128.8ha of agricultural land in the state, for RM33.1 million cash.

The acquisition is motivated by the group’s plans to increase its landbank in Johor.