KUALA LUMPUR: Gabungan AQRS Bhd wants to participate in the high-impact projects recently announced by the government to enhance its order book.

Gabungan AQRS chief executive officer Ng Chun Kooi told The Edge Financial Daily that being a construction player and niche property developer, 2014 looks set to be an eventful year for both of its business segments.

IT’S a waiting game. Developers are warily watching the competition in anticipation of a cautious leap into building homes for seniors — an untapped niche market in Malaysia.

Property outlook for 2014

THE concept of senior living overseas is very different to what we are familiar with in Malaysia. While accommodation catering for seniors is scarce here and usually comes in the form of small-scale retirement homes, often run by religious bodies, there are numerous developers abroad that specialise in building retirement villages.

THE year has been mixed for property markets around the world in terms of performance due to economic conditions and government policies.

"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.

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.