KUALA LUMPUR: The Economic Planning Unit (EPU) is expected to issue new guidelines that will require foreigners to buy properties here that are priced at RM1 million or above in March or April this year, said National Housing Department deputy director-general Datuk Mohamad Yusoff Ghazali.

LONDON: London house-price growth slowed this month after the best year since 2006 as values slid in the most expensive districts of Westminster and Kensington & Chelsea, Rightmove plc said.

SHANGHAI: China’s new home sales exceeded US$1 trillion (RM3.3 trillion) for the first time last year as property prices in cities the government considers first tier surged in the absence of more nationwide property curbs.

KUALA LUMPUR: There are caveats on 28 out of the 31 lots, measuring a total of 1,352 acres in Plentong, Johor Baru, to be acquired by Mah Sing Group Bhd from vendor Bistari Land Sdn Bhd.

KUALA LUMPUR: Kwasa Land Sdn Bhd, the wholly-owned unit of the Employees Provident Fund (EPF), which is the master developer of the RM50 billion Kwasa Damansara township in Sungai Buloh, Selangor, has completed the pre-qualification process for selecting its development partners for the mega project. There were submissions from 152 developers.

HONG KONG billionaire Cecil Chao was in town to usher in 2014. He became a celebrity not for his real estate business but for his offer of a huge reward in 2012 to any man who could woo his only daughter from her female companion.  

IT is not every day that one gets to speak to a billionaire and ask him about his personal life and what he likes to have with his coffee in the morning (answer: Häagen-Dazs ice cream). But then again, not everyone is Cecil Chao.

KUALA LUMPUR: IOI Properties Group Bhd made an impressive start to its comeback on Bursa Malaysia yesterday in the first initial public offering (IPO) of this year, even overtaking the country’s largest property developer, UEM Sunrise Bhd, by market capitalisations at one point.

KUALA LUMPUR: Tenders for the first phase of the Employees Provident Fund’s (EPF) RM50 billion township development in Sungai Buloh, Selangor, which was acquired from Malaysia Rubber Research Institute for RM2.28 billion in 2012, will be called next month.