SIBU: The Rajang Port Authority (RPA) is in talks with a private developer to acquire more space for its container yard.

Its chairman Vincent Goh Chung Siong said the port had been approached by the developer who wanted to exchange some land for a waterfront project near the port area.

KUALA LUMPUR: The final Klang Valley Malaysia Property Expo (MAPEX) for 2010 will take place from Oct 22 - 24 at Midvalley Megamall's Midvalley Exhibition Centre, Real Estate and Housing Developers' Association (Rehda) announced in a statement on Wednesday, Oct 13.

KUALA LUMPUR: Since its soft launch two months ago, Zenith Residences condominium in Kelana Jaya has achieved a 70% take-up rate.

Time to bloom
• Budget 2011 may not feature RPGT hike, LTV-cap already anticipated for third property onwards (minimal impact on sector)
• More positive newsflow on infrastructure and government land redevelopment projects
• Landlords of prime land with international development potential in KL will be biggest winners.

KUALA LUMPUR: The Malaysia Green Building Confederation (MGBC) on Wednesday, Oct 13, launched GreenPagesMalaysia, a green building products and services directory that serves to promote sustainable products and services to industry professionals and the general public.

HONG KONG: Hong Kong Chief Executive Donald Tsang said on Wednesday, Oct 13 that Hong Kong will increase housing supply to try to cool the overheating property market.

"To ensure a healthy and stable property market in the next 10 years, on average, land needs to be made available annually for about 20,000 private residential flats," Tsang said in his annual policy speech.

KUALA LUMPUR: The government has given a conditional green light for the hillslope luxury bungalow project in Bukit Damansara to proceed.

HONG KONG: Hong Kong leader Donald Tsang is set to deliver his annual policy speech on Wednesday, Oct 13 at 0300 GMT, and will likely address the financial hub's overheating property market and growing offshore yuan trade.

SHANGHAI: China State Construction Engineering Corp, the country's construction giant, said on Wednesday, Oct 13 its total sales in the first three quarters of 2010 rose 20.4% over a year-ago.

HONG KONG: Home prices in first-tier cities on the mainland are likely to fall by 10% over the next six to 12 months as Beijing moves to curb speculation and avoid a bubble, according to rating agency Standard & Poor's.