Alastair Hughes, Jones Lang LaSalle’s CEO for Asia-Pacific, describes his first year in Singapore as “a bit of a baptism of fire”. He relocated from London, where he was  JLL’s CEO for Europe, Middle East and Africa for five years, and prior to that, managing director for JLL in UK.

Jan 21, 2010, seemed to be a very significant day for the development of Malaysian land law, with headlines nationwide lauding another landmark decision that corrected a “blatant error” which had stood as good law for the better part of the last decade.

The world’s housing markets are (mostly) recovering, according to the Global Property Guide’s latest survey of residential property time-series. During the last quarter of 2009, house prices rose in 22 countries, of the 34 countries for which quarterly house-price statistics are available, and fell in only 11 countries.

BANDUNG (Indonesia): Rescue workers at the site of the landslide that hit the Dewata tea plantation in Bandung district Tuesday have at late Feb 25 recovered 19 bodies from the landslide mud, Indonesia's Antara news agency repoted

PETALING JAYA: SStwo Mall, located in the centre of the SS2 residential suburb here, is scheduled for opening in the third quarter of this year. The RM180 million project is developed by Asian Retail Mall Fund II (ARMF II) and is strategically located along SS2/72, Petaling Jaya.

KUALA LUMPUR: Whilst the Bahraini real estate sector may not have suffered the dramatic reversal of form experienced by many property markets across the Gulf, it has seen a fall off in activity, with the volume of sales and new leases down and many expecting a return to the heated conditions of before 2008 to be some time off.

KUALA LUMPUR: Country Heights Holdings Bhd posted a 38% revenue increase to RM65 million for 4Q2009, from RM47 million in 4Q2008. The group recorded a profit before tax (PBT) of RM16.3 million for 4Q2009 against a loss of RM7.8 million for 4Q2008.

KUALA LUMPUR: Ho Hup Construction Company Bhd recorded a pre-tax loss of RM30.5 million for FY2009 from RM55.9 million in FY2008, while its revenue for FY2009 stood at RM75.6 million compared with RM91.2 million in FY2008.

KUALA LUMPUR: Nam Fatt Corp Bhd posted lower revenue of RM165.6 million for FY2009 from RM582.3 million in FY2008, while its profit before tax increased from RM6.4 million for FY2008 to RM185.8 million for FY2009.

KUALA LUMPUR: Faber Group Bhd posted a 21.8% increase in revenue for FY2009 to RM805.3 million from RM661.2 million in FY2008, while its profit before tax went up 26.6%, or RM29.7 million, to RM141.2 million for FY2009. The group’s core businesses are integrated facilities management (IFM) and property development.