KUALA LUMPUR: UDA Holdings Bhd, a wholly-owned entity of state investment arm Khazanah Nasional Bhd, is among 10 bidders seeking to revive the once-shelved  Gombak bus terminal in Selangor.

GEORGE TOWN: From a facility charging RM5 per bed per night for travellers on a shoe-string budget, Yeng Keng Hotel here, which was built in the mid-1800s, will reopen its doors as a five-star boutique hotel come June.

Beginning in 2009, Hoo Kim Properties group had invested over RM3 million in renovating the once dilapidated building in bustling Chulia Street.

SEOUL: South Korea's national pension fund, the world's fifth biggest, said on Sunday it was in the final stage of talks to buy Sony Center in Berlin, Germany, for about 850 billion won (US$767 million).

Highlights:

KUALA LUMPUR: UDA Holdings Bhd, a wholly-owned entity of state investment arm Khazanah Nasional Bhd, is among 10 bidders seeking to revive the once-shelved  Gombak bus terminal in Selangor.

Prices in China's red-hot property market have been skyrocketing in recent years. But Villa 99 in Shanghai is in a world of its own. With close to an acre in built-up, and sitting on 24 acres, the three-level residence is on the market for a whopping RMB1 billion, or RM470 million.

Property prices in both Mainland China and Hong Kong have skyrocketed in recent years. Hong Kong’s South China Morning Post reported that a 3-storey house on The Peak, with a view of Victoria Harbour, changed hands on March 16 at HK$280 million (RM115.3 million).

The Chinese real estate investors are in town and they are buying, buying big.Besides high-net-worth Chinese individuals, there is a group of coal miners from Shanxi, 600km away from Beijing, with a combined net worth of more than US$1 billion (RM3.2 billion).

Sunway Giza, the latest retail icon within Petaling Jaya’s Kota Damansara township, is creating a new buzz in the area.Located along Persiaran Surian and a part of the Dataran Sunway commercial enclave,Sunway Giza, developed by Sunway City Bhd (SunCity) on a 6.17-acre tract, is a neighbourhood shopping centre.“It provides an alternative for the residents who might not want to go to the major sh

Standing on the rooftop terrace of the Parbury Avenue house that was once his family home, Derek Goh gestures at the view of the Upper East Coast neighbourhood with the greenery, and a glimpse of the sea beyond. “This is the most desirable aspect of the property — the view, the location,” he says. “You just have to be up here to appreciate it.