BEIJING: China's Big Four state-owned banks have reduced discounts on mortgage rates for owner-occupiers and are requiring higher down payments, in the latest sign of regulators' determination to cool soaring property prices, local media reported on Tuesday (April 13).

MIRI: Marriott International Incorporated is currently engaged in talks to takeover the management of Mulu Resort, located near the world famous Mulu Caves, in the interiors here.

BEIJING: Standing in the shouting tumult of a Chinese real estate fair, Chen Shiyong said, feels like watching a suicidal man on top of a building ignoring the pleas of bystanders to pull back from the edge.

Sunway Holdings Bhd
(April 12, RM1.68)

PUTRAJAYA: Putrajaya Holdings Sdn Bhd (PJH), the master developer of the administrative capital here, is launching more projects this year with an estimated total gross development value (GDV) of RM700 million.

KUALA LUMPUR: Some RM70 billion worth of business could potentially be generated from renewable energy plants by 2020 as a result of the national renewable energy policy, said Ahmad Hadri Haris, the national project leader of the Malaysia Building Integrated Photovoltaic (MBIPV) project.

“This can generate a tax income of some RM1.75 billion to government,” he said.

HONG KONG/SINGAPORE: The success of Singapore's first real estate trust offering this month has prompted talk that other similar, previously shelved, offerings are now being dusted off.

India's top real estate firms, DLF Ltd and Unitech Ltd may revive their Singapore IPO plans, banking sources said, while the Embassy Group is actively looking into raising funds in the city state.

SHANGHAI: China's biggest homebuilder, China State Construction Engineering Corp (CSCEC), posted big gains in its construction and real estate business in the first quarter, but growth slowed in March in response to government curbs.

KUALA LUMPUR: Talam Corp Bhd announced on Bursa Malaysia on April 12 that it proposes to dispose of land, subject to shareholder approval, to settle its balance of debt with Menteri Besar Selangor Incorporated (MBI) amounting to about RM150.62 million.