Special fund for development projects in Sabah, Sarawak
PUTRAJAYA: The federal government has agreed to set up a special fund to implement all development projects in Sabah and Sarawak.
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Price pressure sets to ease as new homes are completed
HONG KONG: The shortage of flats may be easing, a positive sign for those seeking to buy into the city's increasingly red-hot property market.
Construction of 4,100 new flats started in the first three months of the year, equivalent to half the total number of new flat starts last year. Construction began on 8,000 flats in 2008 and 8,200 last year.
Developers feel the heat from unhappy buyers
HONG KONG: Mainland property developers are now more concerned about policy changes and mounting resentment among buyers over prices, than finding buyers for their apartments.
SHKP brings high-end brands to Pudong
HONG KONG: Sun Hung Kai Properties is about to change the retail landscape of Shanghai's Pudong district by showcasing 25 world class brands in its soon-to-be-opened luxury shopping centre.
Ken Holdings moving into hospitality business
KUALA LUMPUR: Ken Holdings Bhd plans to go into the hospitality industry to generate recurring income for the group, said its chairman and managing director Kenny Tan.
Kampung Baru redevelopment awaits cabinet approval
PORT DICKSON (Negri Sembilan): The Kampung Baru redevelopment plan will be presented to the Cabinet this Wednesday or next, Federal Territories and Urban Wellbeing Minister Datuk Raja Nong Chik Raja Zainal Abidin said.
Manufacturing and townships next for Green Building Index certification
KUALA LUMPUR: Malaysia’s Green Building Index (GBI) is developing rating standards for township developments and industrial buildings next.
Dubai retail market beginning to recover
DUBAI: Anecdotal evidence suggests that retail sales in Dubai are beginning to recover, according to Jones Lang LaSalle’s (JLL) MENA House View report for April 2010.
The report quoted the Dubai Chamber of Commerce’s data indicating that the total retail spending in Dubai is expected to increase by around 4% in 2010 and by more than 8% in 2011.
RHB positive on KFC’s land deal
KFC Holdings (M) Bhd
(April 23, RM7.98)
South Integrated Transport Terminal ready by July
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.
