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Reapfield chiefs produce book on real estate industry

KUALA LUMPUR:  In a bid to educate the public and provide an insider’s look into the real estate industry, one of the largest real estate agencies in the country, Reapfield Properties Sdn Bhd, has launched a book entitled Thrust — Real Estate Riches: Boundless Opportunity, Infinite Knowledge and Immense Wealth.

Crystalville rolls out 1st phase of Vita@Cyberjaya

CYBERJAYA: CrystalVille Group has rolled out the first phase of its commercial project in Cyberjaya dubbed Vita@Cyberjaya. The integrated business and retail hub sits on 13 acres of freehold land and will be developed over three phases with an estimated total gross development value (GDV) of RM670 million.

Residential overhang units fall 15%

KUALA LUMPUR: The volume of residential overhang units in the country declined 15.2% to 19,607 units with a total value of RM4.92 billion in 2011 in tandem with the better performance of the property market.According to the Property Market Report 2011 by the National Property Information Centre (Napic), the volume of residential overhang was 23,133 units in 2010.

Infrastructure impacts property values

KUALA LUMPUR: Property values are expected to climb as infrastructure developments are being completed and more projects are rolled out nationwide, especially in the Klang Valley, Selangor, Penang and Iskandar Malaysia in Johor. “It is common for property values to rise in tandem with infrastructure growth.

Reapfield chiefs produce book on real estate industry

KUALA LUMPUR:  In a bid to educate the public and provide an insider’s look into the real estate industry, one of the largest real estate agencies in the country, Reapfield Properties Sdn Bhd, has launched a book entitled Thrust — Real Estate Riches: Boundless Opportunity, Infinite Knowledge and Immense Wealth.Authored by Reapfield president David Ong, who founded Reapfield in the mid-1980s, an

M'sia to host Asia Pacific Property Awards

KUALA LUMPUR (April 12): Malaysia will host the Asia Pacific Real Estate Awards here from April 26-27, an event which celebrates the achievements of companies in the property industry.

International Property Award chairman Stuart Shields said Malaysia's economic growth had been stable and projected to further expand in the Asia Pacific region with its active property sector.

Sands’ Adelson plans US$35b casino-resort in Spain

MACAU: US billionaire Sheldon Adelson said yesterday he plans to spend US$35 billion (RM107.8 billion) on a mini-Las Vegas strip in Spain where he is courting the country’s two top urban areas, Barcelona and Madrid, with plans for a casino complex.

China Disney project secures US$2b loan

SHANGHAI: The operator of the planned Shanghai Disney theme park has secured a 12.9 billion yuan (US$2 billion or RM6.29 billion) syndicated loan for the construction of the park, Chinese media reported yesteray, a boost for Walt Disney Co as it embarks on a newly announced animation venture in China.

Australian house prices seen bottoming out

SYDNEY: A downturn in Australia’s house prices may be bottoming out, with prices likely to fall slightly this year then rise by March 2014 due to strong demand for inner city houses and a healthy market in mining state Western Australia, a survey said.