I WANTED to build iconic buildings,” Danny Koek Tiang Kung, executive chairman and group managing director of DK Group, tells City & Country in a recent interview.

SELAYANG is a mature township that is very different from the likes of Subang Jaya, Puchong and Kajang. Located a mere 15 to 20 minutes from the KL city centre, it is hard to believe how tranquil the area is. Fringing the green belt of the Forest Research Institute of Malaysia (FRIM), development here is dispersed and housing is carved out according to the slopes of the hills.

PETALING JAYA: The CBRE Student Housing Index reports that regional towns in the UK have shown an average rental growth of 3.51% for 2012/13, while London is still seeing a rental growth of 20% for its third consecutive year.

PETALING JAYA: Naza TTDI Sdn Bhd’s Matrade Exhibition Centre won the “World’s Best” award in the Public Service Development category at the International Property Awards ceremony held in London on Dec 9.

KUALA LUMPUR: Rental rates in Sungei Wang Plaza will not be affected after its 12-month long refurbishment costing RM30 million. This was revealed by complex manager FK Tang at a media launch on Dec 6.“I would say rents will remain status quo because the refurbishment is still new.

PETALING JAYA: Bukit Kiara Properties Sdn Bhd (BKP) has started to hand over the final tower, Vox Tower, of its Verve Suites Mont’Kiara development to 250 homeowners.

BLACKSTONE Group LP, which has put US$1 billion (RM3.21 billion) of equity into Asian real estate this year, says it’s poised for more deals in the region as maturing funds sell assets and banks retreat amid new regulations.

PETALING JAYA: In yet another move to apply pressure on residents of Kampung Hakka in Mantin, Negeri Sembilan, developer Mega 9 Development Sdn Bhd yesterday cordoned off the area in the village that will be involved in its development project.

KUALA LUMPUR: While it believes buying appetite will return to the real estate market in the first half of next year (1H14), CIMB Research continues to be cautious on commercial properties given the existing glut in office space.

KUALA LUMPUR: Just a year after its maiden foray into Rawang, unlisted DA Land Sdn Bhd is taking on another project — a RM5 billion commercial development on a 51-acre (20.63ha) land parcel in the same area.

The company said in a statement yesterday that the mega project is set to transform Rawang and change the development landscape in the northern corridor.