The first half of the year closed on a positive note for Hong Kong property and signs are that the rebound in buying sentiment is set to continue for the rest of the year, agents say.Examples they cite include:•   The sale of 94 units in the luxury residential project Larvotto, each worth more than HK$30 million (RM12 million), in just two days since its launch on July 17.•  The sale of more th

The Golden Triangle area in Kuala Lumpur has been so named because it is the city’s most vibrant commercial, retail and entertainment hub. And it is this vibrancy that G.I.M. Group of Companies wants to replicate up north in Penang.

In 1H2010, 10 collective-sale sites were sold, with the amount totalling close to S$500 million, according to Credo Real Estate.

The International Financial Reporting Interpretations Committee 15 or IFRIC 15, and its impact on the property industry, has been hotly debated since the Malaysian Accounting Standards Board (MASB) announced its adoption effective July 1, 2010. 

The crowds are back at Klang Valley shopping malls, which had been hit by the global financial crisis not too long ago.

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 cho

KUALA LUMPUR: Recently listed property developer Ivory Properties Group Bhd registered a net profit of RM8.44 million for its second quarter ended June 30, 2010 (2QFY2010). Its pre-tax profit for the quarter was RM12 million, while it posted a revenue of RM25.9 million.

Its basic earnings per share was 5.98 sen.

KUALA LUMPUR: Construction firm SBC Corporation Bhd posted net profit of RM1.28 million in its first quarter ended June 30, 2010 (1QFY2011), down 54.5% from RM2.81 million a year ago as it recorded lower revenue.