KUALA LUMPUR: With spacious rooms, the availability of round the clock hours services and a similarity to the modern home lifestyle, it is no surprise that serviced apartments will be one of the fastest growth markets in Malaysia.

Frasers Hospitality Pte Ltd chief executive officer Choe Peng Sum said many players including hotel owners see the opportunities offered in this market.

KUALA LUMPUR: CapitaMalls Malaysia REIT Management Sdn Bhd (CMRM) plans to inject more properties into the soon-to-be-listed CapitaMalls Malaysia Trust (CMMT), CMRM's chief executive Sharon Lim said.

KUALA LUMPUR: All 147 units of terraced homes within Desa ParkCity in Kuala Lumpur, known as Casaman, were sold out within five hours on Saturday, June 26. Over 650 registrants turned up for the balloting, which started at 8.30am, some even as early as 5am.

The countdown to the adoption of IFRIC 15 has begun. From July 1, developers are to recognise revenue only upon the completion of a project instead of the current percentage-of-completion method. Can IFRIC 15 work for Malaysia where most properties are sold off the plan? Ironically, the Inland Revenue Board will continue to tax developers based on the current accounting method.

The crowds are back at Klang Valley shopping malls, which had been hit by the global financial crisis not too long ago.In anticipation of better times ahead, the managements of the more popular malls are raising rental rates.Rates levied on retailers ­— which are confidential going by industry practice — vary significantly, depending on factors such as the location and size of a store.Ultimatel

Malls in Kuala Lumpur city have recovered from a year ago with business picking up, especially in the last three months, for the likes of Suria KLCC, Pavilion Kuala Lumpur and Berjaya Time Square, says CB Richard Ellis (Malaysia) Sdn Bhd  (CBRE) managing director Allan Soo.Equally bullish about the retail outlook this year is managing director of Henry Butcher Retail Tan Hai Hsin who predicts t

Convinced that green building practices and advanced technological developments are the way forward,  the Malaysian Institute of Architects (PAM),  organisers of the annual architecture and design event DATUM: KL 2010, have chosen the theme “Second Nature” to try to shift people’s perception towards nature and the way it interacts within an urban setting.PAM president Boon Che Wee tells City &a

Charles Renfro has been on the architectural scene since 1989. A former associate at Smith-Miller + Hawkinson Architects and Ralph Appelbaum Associates, he has moved on to become the founding partner of  Department of Design before finally joining Diller + Scofidio in 1997.The architecture firm was later renamed Diller Scofidio + Renfro after the architect was made a partner in 2004.

Alejandro Zaera-Polo is the founding partner of Foreign Office Architects (FOA), a London-based firm.

Daan Roosegaarde and his Studio Roosegaarde in Rotterdam, known as a techno artistic laboratory, are known for interactive art installations that react to sound and motion.  He created the internationally acclaimed interactive works 4D-Pixel, Dune 4.2 and Flow 5.0.  Roosegaarde’s work explores the dynamic relationship between architecture, people and e-culture.His designs, he says, are created