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City&Country: Cover Story-- Titijaya optimistic

The property market may be experiencing a slight slowdown, but that has not deterred developers such as the Titijaya Group of Companies from launching a number of new products this year. In fact, this year will see the developer achieving some milestones in terms of its property portfolio.

City&Country: Offshore-- Melbourne CBD in focus for 2012, says CBRE

Melbourne’s central business district’s (CBD) office market is poised to be an investment hot spot as vacancies are expected to fall below 5%, paving the way for solid growth in net face rents, says a director of an international real estate consultancy.

I-Berhad to build condo, duplex houses in I-City

SHAH ALAM: I-Berhad is set to build 348 condominium units and 20 duplex houses in the city of digital lights in Seksyen 7 here. Each residential unit in i-City starts from RM340,000.

Appoint new directors, analysts urge SHKP

HONG KONG: Like many family-run businesses, the troubled Sun Hung Kai Properties empire has been run by a coterie of relatives and friends for decades.

Now, with its top management under investigation by the anti-graft commission, the city’s biggest developer has been urged to bring in new blood through appointing executive directors to its management board.

Dubai dreams again with new opera and art complex

DUBAI: World’s tallest building? Check. Man-made islands in the sea? Check. Indoor ski slope? Check. Now it’s time for opera and art. Dubai, which burst onto the global stage with a series of extravagant projects before being subdued by a crippling debt crisis, has now revived plans for an opera house in a bid to boost tourism.

Real estate still the preferred investment

KUALA LUMPUR: Real estate is still one of the most preferred investments, more so in times of uncertainties, said Zerin Properties CEO Previndran Singhe.

The uncertain global economy and the recent new guidelines on loan computation have affected consumer sentiments but investors remain optimistic about investing in real estate, he added.

578 fishermen seek recompense over land reclamation

JOHOR BARU: Some 578 traditional fishermen in Pengerang, Kota Tinggi, yesterday filed a suit seeking compensation for land reclamation work in connection with the deep sea petroleum terminal project.

The writ of summons and statement of claim were filed by counsel Mohd Shujaa Halim of law firm Shujaa Mazri & Co at the High Court registrar office, Menara MSC Cyberport here.

MBSB trims loan growth target

KUALA LUMPUR: Malaysia Building Society Bhd (MBSB) is trimming its loan growth target to between 15% and 20% this year amidst “domestic operating parameters”, said its CEO Datuk Ahmad Zaini Othman.

He said MBSB had set a higher target before. The company earlier set its loan growth target in the range of 20% to 25%.

Real estate still the preferred investment

KUALA LUMPUR: Real estate is still one of the most preferred investments, more so in times of uncertainties, said Zerin Properties CEO Previndran Singhe.The uncertain global economy and the recent new guidelines on loan computation have affected consumer sentiments but investors remain optimistic about investing in real estate, he added.