HONG KONG (April 26): A luxury residential site open for tender at Repulse Bay could set a new record as the city's most expensive piece of land, predicts Midland Surveyors director Alvin Lam Tsz-pun.

HONG KONG (April 26): Several wary home owners aim to sell their flats and take whatever capital gains are available before chief executive-elect Leung Chun-ying takes office in July.

Young executive Ricky Lai and his sister bought a 647 sq ft flat in Kornhill, Quarry Bay, two years ago. The flat is now worth an estimated HK$5 million (RM1.97 million).

PETALING JAYA (April 25): Sunway Real Estate Investment Trust (SunREIT) posted a growth in net property income (NPI) of 21.9% to RM74.36 million in 3Q FYE June 2012, against RM60.98 million a year ago.The NPI from the fund's initial eight assets grew by 9.6% while its most recent addition, Sunway Putra Place, registered a 12.3% rise in NPI, its manager Sunway REIT Management Sdn Bhd announced t

KUALA LUMPUR (April 25): Iskandar Investment Bhd (IIB) has entered into a collaboration agreement with MCT Group (MCT) to discuss MCT's proposed investment in Medini Iskandar, Nusajaya in Johor.

SERI KEMBANGAN (April 25): Country Heights Holdings Bhd launched Mines Wellness Hotel on Wednesday, following a hefty RM1.3 million refurbishment that is set to reposition what was formerly known as the Palace Beach and Spa.

KUALA LUMPUR (April 25): Bank Negara Malaysia (BNM) has no intention to review its new guidelines on responsible lending for the time being, Governor Tan Sri Dr Zeti Akhtar Aziz said on Tuesday.

"Whatever needs to be resolved will be through bilateral discussion. Right now we have no intention," she said when commenting on reports that the guidelines would be reviewed.

KUALA LUMPUR (April 24): Housing and Local Government Minister Datuk Chor Chee Heung said the ministry has taken several initiatives to assist victims of abandoned housing projects.

KUALA LUMPUR (April 24): Property developer Eastern & Oriental Bhd (E&O) has proposed to acquire an office-cum-retail building known as Princes House in London, UK for £20.3 million (RM100.19 million).

KUALA LUMPUR (April 24): Malaysian Resources Corp Bhd (MRCB) has invested about RM40 million to build several linking bridges to facilitate smooth movements between buildings at Kuala Lumpur Sentral.

Chief executive officer Datuk Mohamed Razeek Hussain said the connection to Lot E, a green platinum building, has been completed, with escalators and elevators for the handicapped.

KUALA LUMPUR (April 24): Merlin Entertainments Groups has signed a management agreement with LL Themed Hotel Sdn Bhd to develop and build the LEGOLAND Hotel in Nusajaya, Johor — the first in Southeast Asia and the fourth in the world.

LL Themed is a 51-49 joint venture company between Destination Resorts and Hotels Sdn Bhd (DRH) with Iskandar Harta Holdings Sdn Bhd.