Latest

City&Country: 3DReid expands presence with global collaborations

3DReid is one of the UK’s largest architectural firms, born of a merger between 3D Architects and REID Architecture. Its completed projects include the commercial flight Farnborough Airport in the UK; the 254,028.28 sq ft Vanwall Business Park in Maidenhead, UK; and 79-84 High Street in Birmingham, a 3-storey retail landmark that has 43,000 sq ft of net lettable area.

World Cup 2022 to spark construction frenzy in Qatar

DUBAI: Qatar is set for a construction boom worth an estimated US$60 billion (RM188.4 billion) in the wake of its successful bid for the FIFA World Cup 2022.

According to this week's issue of the Middle East Economic Digest (MEED), the projects would involve new stadiums, hotels, highways and a rail network among others.

China property inflation eases, investment strong

BEIJING: China's property inflation eased in November, the seventh monthly decline in a row after a slew of official measures to cool the red-hot market.

However, real estate investment remained buoyant, relieving concerns that tightening steps would inflict serious damage on the property sector and the broader economy.

I&P launches 'premium homes' in Bandar Kinrara

KUALA LUMPUR: I&P Group Sdn Bhd is launching what it terms as premium homes at its Bandar Kinrara township in Puchong, Selangor, this weekend.

The RM255-million Q'aseh consists of 118 superlink homes while the RM73-million Chantek offers 14 semi-detached homes. Built on land sizes of 1,915 sq ft to 6,100 sq ft, Q'aseh units have built-ups from 2,799 sq ft to 3,778 sq ft.

S P Setia: We're No 3 only for now

KUALA LUMPUR: S P Setia Bhd CEO Tan Sri Liew Kee Sin said on Thursday, Dec 9 that the company will not be content with remaining at No 3 in terms of market capitalisation of listed Malaysian property companies, following the recent spate of mega mergers in the sector.

Gurney Paragon popular with foreign investors

GEORGE TOWN: Hunza Properties Bhd Group's (HPB) RM450 million Gurney Paragon condominium project along Gurney Drive has seen an impressive take-up by foreign investors.

Two thirds of the 220 units have already been sold with locals taking up 50% while the rest were snapped up by buyers from Hong Kong, Singapore, UK, Indonesia, China, Vietnam, France and even Russia.

Penang should allow more reclamation to address land shortage

GEORGE TOWN: The state government should allow more reclamation, higher plot ratio, development above 250 feet in certain areas and development of other parts of the island to address the current land shortage for property development.

Gamuda Land targets RM5b property sales over next 2 years

KUALA LUMPUR: Datuk Lin Yun Ling, Gamuda Bhd group managing director, said the company's property arm, Gamuda Land Sdn Bhd, is targeting RM5 billion worth of sales over the next two years as it embarks on a "high-growth" phase in 2011.