KUALA LUMPUR: Construction firm Putrajaya Perdana Bhd (PPB) was awarded a RM142.8 million contract to build a 300-bed private hospital in Desa ParkCity.

SHANGHAI: New home sales in Shanghai declined 12% to 84,000 sq m (904,168 sq ft) between June 7 and 13, according to a statement by Shanghai Uwin Real Estate Information Services.

According to a report by ShanghaiDaily.com, sales of these new homes exclude those designated for relocated residents under urban redevelopment plans.

SHAH ALAM: State-controlled Kumpulan Hartanah Selangor Bhd (KHSB) is planning a high-end mixed development at a prime location in Section 14, Petaling Jaya with a potential gross development value (GDV) of nearly RM1 billion.

Its chairman Datuk Abdul Karim Munisar said the company was finalising the purchase of a 9.3-acre plot there for the proposed development.

HONG KONG: There was not a glass wall to be seen, the doors were all in place and visitors were even given a tape measure on arrival.

Potential buyers at the first major residential project regulated by tighter measures on sales tactics were greeted yesterday with a layout and finish identical to a real 1,003 sq ft flat.

HONG KONG: Regulatory and law-enforcement agencies are looking into the cancelled sales of flats in a luxury Mid-Levels project that the developer said in October last year had fetched prices of up to a world-record HK$88,000 (RM36,804) a square foot.

BEIJING: Make small talk with someone on the mainland and eventually the topic will get around to property.

"It may be a good time to buy property in the next few months," says Miffy Li, a 27-year-old yoga teacher, sipping her tea in a coffee shop at a five-star Beijing hotel.

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