WITH the mass rapid transit project and extension of the light rail transit lines well under way, Sime Darby Property Bhd (SDP) has taken on the challenge of developing transit-oriented and transport-adjacent developments, or TODs and TADs."What we realised is that many of our developments are TODs and TADs, which open up new opportunities for us," says Zulkifli Tahmali, head of property develo

CARBON neutral offices (CNO) are office buildings that have nett carbon emissions of zero on an annual basis.DWP regional managing director Dr Saeed Zaki has always been a firm supporter of sustainable efforts. He believes that Malaysia is ready to take sustainability to the next level by completely eliminating carbon emissions from its office buildings.

KUALA LUMPUR: Ivory Properties Bhd will be paying an estimated RM1.06 billion for its proposed acquisition of Plaza Rakyat project after taking into account the amount payable under the conditional acquisition and rehabilitation agreement it had signed.

Notably, the sum is not inclusive of the development cost that the Penang-based property developer will incur.

HONG KONG: SJM Holdings Ltd, Asia’s biggest casino operator, plans to invest in land that will triple the size of its planned casino resort in Macau’s Cotai area.

TOKYO: Las Vegas Sands Corp and MGM Resorts International are scouting sites for casinos in Japan as Tokyo’s selection to host the 2020 Olympics boosts confidence a law legalising gambling resorts in the capital will pass.

HONG KONG: Hong Kong-listed NagaCorp Ltd (founder, Malaysian billionaire Tan Sri Dr Chen Lip Keong became the second industry player to take a punt on a Russian entertainment zone not far from Beijing, agreeing to invest US$350 million (RM1.2 billion) to build a casino, hotel and exhibition venue.

SINGAPORE: Amara Holdings Ltd, a Singapore- based hotel operator, may sell hospitality assets as a real estate investment trust (REIT).

KUALA LUMPUR: DKLS Industries Bhd is selling its commercial property in Melbourne, Australia for A$15 million (RM45.5 million). The sale proceeds would be used for debt repayment.

THE City of Elmina, a regional grouping of townships located along the Guthrie Corridor Expressway (GCE), has a gross development value (GDV) of over RM25 billion and is expected to take 10 to 18 years to complete. The 5,000-acre development is envisioned to be Selangor's "wellness and liveable" city.

GOING green is such a hot topic nowadays. While the issue has been debated, discussed and dissected to death, the man in the street has yet to fully embrace the green home movement.The problem is not the lack of information. Ironically, end users often find themselves bombarded with too much information and too many technical jargon.