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US Jan home prices fall for 7th straight month

WASHINGTON: US single family home prices fell for the seventh straight month in January, bringing prices to just above April 2009 lows, a closely watched survey said on Tuesday, Mar 29.

30 March, 2011
PTB records RM1m loss for 1Q

KUALA LUMPUR: Petaling Tin Bhd (PTB) recorded a loss of RM1.009 million from a loss of RM671,000 a year ago 1Q2011, it announced on Tuesday, Mar 29. Revenue dropped 60% to RM1.935 million from RM4.91 million the previous year.

"The current quarter's revenue is mainly contributed by the residential development project of 126 units of double-storey link houses," the Group said.

30 March, 2011
GBI to launch more tools

KUALA LUMPUR: More Green Building Index (GBI) rating tools are set for launch this year including the Industrial Rating Tool, the Data Center Rating Tool, the Mall Rating Tool, the Hotel Rating Tool and the Public Health Rating Tool with at least one rating tool to be launched a month.

29 March, 2011
Inch Kenneth to develop 62ha in Bangi

KUALA LUMPUR: Inch Kenneth Kajang Rubber plc, which has rubber processing, tourism and palm oil production as its mainstay, plans to venture into property development next year.

29 March, 2011
Consultant: Consider RPGT for companies and foreigners beyond 5-year period

KUALA LUMPUR: The government can consider imposing the real property gains tax (RPGT) on property disposal by companies and foreigners beyond the five-year period to curb speculation and excessive rise in property prices especially in the Klang Valley, said a prominent real estate consultant.

29 March, 2011
Brazil's housing carnival fans bubble worries

RIO DE JANEIRO: Listening to Jose Carlos de Vasconcellos talk about Rio de Janeiro's property market is like being transported back to the bubble days in the US or Europe.

29 March, 2011
One Academy win Bolton's design competition

PETALING JAYA: The Wharf Hoarding Design Competition, organised by Bolton Bhd at its Taman Tasik Prima Puchong township, attracted more than 30 entries from art and design colleges and universities in Malaysia, with the champion coming from One Academy.

28 March, 2011
The Capers tower units sold out

KUALA LUMPUR: All 338 of YTL Land & Development Bhd's The Capers's condominium tower units were sold out in two days, it said on Sunday, Mar 27. YTL Land's twin tower condominium — previewed from last Friday — had over 7,000 interested registrants.

28 March, 2011