KUALA LUMPUR: The South Integrated Transport Terminal (SITT) in Bandar Tasik Selatan here is expected to be ready ahead of scheduled by July, Transport Minister Datuk Seri Ong Tee Keat said.
  
The RM570 million project undertaken by Maju Holdings Sdn Bhd is expected to replace Puduraya as Kuala Lumpur's main terminal for southbound buses.

SEOUL: South Korea has completed the world's longest seawall, blocking in a reclaimed tidal flat, which the government hopes to transform into a large-scale industrial, tourism and agricultural site by 2020.

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).