KUALA LUMPUR: The historic agreement between Malaysia and Singapore signed on May 24, 2010 to settle the long-standing railway land issue between both countries is expected to open up property development opportunities in Singapore and Iskandar Malaysia in Johor, according to DTZ Research Insight released on Wednesday, Jan 12.

KUALA LUMPUR: The Malaysian property market outlook for the year looks positive and stable amidst a modest recovery in the country's economy.

KUALA LUMPUR: The Asia Pacific Real Estate Association (APREA) Institute aims to enrol 25 students under its first Certificate of Real Estate Investment Finance (CREIF) programme in Malaysia, said APREA CEO Peter Mitchell.

KUALA LUMPUR: Sime Darby Property Bhd (SDP), the property division of Sime Darby Bhd, is targeting 15 property launches before the group's financial year ends on June 30.

The launches include Indigo, comprising 26 units of zero-lot bungalows in USJ Heights in Subang this month priced from RM1.8 million, SDP head of market development Henri Young told reporters on Thursday, Jan 13.

KUALA LUMPUR: Bukit Kiara Properties Sdn Bhd (BKP) has rewarded 24 contractors a total of RM366,500 in bonuses for helping the developer achieve a high CONQUAS (Construction Quality Assessment) score for the Vibe tower at its Verve Suites project in Mont'Kiara here.

KUALA LUMPUR: Daya Materials Bhd's wholly-owned subsidiary Daya Urusharta Sdn Bhd has proposed to acquire five units of office suites of stratified mixed commercial development known as Solaris Dutamas for RM2.76 million.

In a filing to Bursa Malaysia, the company said the proposed acquisition is located in Dutamas, Kuala Lumpur, with a total net area of approximately 466 sq m.

KUALA LUMPUR: The UK residential market is strengthening, reported Knight Frank head of residential research Liam Bailey in January 2011's Residential Market Update.

KUALA LUMPUR: Hong Kong's luxury and mass residential property transactions are experiencing an upward trend after recovering from a dip in November last year, stated Knight Frank in its January 2011 monthly property report.

KUALA LUMPUR: Malayan Banking Bhd (Maybank) expects a take-up of RM60 million within the next six months for the ringgit mortgage facility offered to Malaysians who want to purchase property in London.

KUALA LUMPUR: Niche boutique developer Bukit Kiara Properties Sdn Bhd expects its VERVE Suites which consists of four towers — Viva, Vibe, Vogue and Vox — to be fully sold within a year.

To date, Viva Tower A and Vibe Tower B are 100% sold out and completed.