We cannot achieve world-class city status if we are not prepared for it,” says Kuala Lumpur mayor Tan Sri Ahmad Fuad Ismail, who sat down with City & Country on a rainy Friday evening to talk about Kuala Lumpur City Hall’s (DBKL) plans to transform Kuala Lumpur into a world-class city.

Prices and monthly rentals of homes on the secondary market in Johor Baru remained largely unchanged over the last two quarters of 2011, although certain housing schemes stood out with significant price growth.

A poll by City & Country conducted among auctioneers reveals that low to mid-range auction properties, especially landed properties below RM500,000 in the outer fringes of Klang Valley, have been selling well over the past two months. Upscale residences above RM800,000 on the auction market have remained largely untouched.

PETALING JAYA (Mar 16): One Inspiration Development Sdn Bhd is bullish on the take-up of its newly launched SOHO development dubbed Avenue D'Vogue in Section 13, Petaling Jaya, as it targets the younger market.

KUALA LUMPUR (Mar 16): Zelan Bhd's 95%-owned Terminal Bersepadu Gombak Sdn Bhd (Tegas) on Thursday entered into a public-private partnership agreement with the government to construct the Gombak Integrated Transport Terminal (GITT), a deal that comes with a 25-year concession.

KUALA LUMPUR (Mar 16): Sunway Real Estate Investment Trust's (SunREIT) proposed issuance of up to RM1.6 billion in commercial papers has been approved by the Securities Commission Malaysia (SC).

KUALA LUMPUR (Mar 16): Selangor Dredging Bhd's wholly-owned SDB Properties Sdn Bhd has signed an agreement with Superior Dignity Sdn Bhd to buy three parcels of leasehold land for RM34.5 million.

SHAH ALAM: Setia City Mall, nestled in the heart of the 4,000-acre Setia Alam township in Shah Alam, is estimated to create some 2,000 jobs for the local community with its opening this May.The mall boasts a gross development value of RM450 million and spans approximately 700,000 sq ft of net lettable area spread over four floors.

PETALING JAYA: One Inspiration Development Sdn Bhd is bullish on the take-up of its newly launched SOHO development dubbed Avenue D’Vogue in Section 13, Petaling Jaya, as it targets the younger market. According to a company spokesman “We are targeting first time home buyers and young investors.

KUALA LUMPUR: Nearly 80% of those who had signed up for the 22nd National Real Estate Convention (NREC) to be held on April 18 at the Sime Darby Convention Centre are property developers, said organising chairman Lim Lian Hong.“Developers are now very hungry for information,” Lim said at a press conference yesterday.