(From left) Ho, Bernard Sebastian, Residence Manager of
Somerset and Lim in front of Tiffani by i-Zen

SHANGHAI: A new rule about real estate investment by insurance companies is under discussion, and will be at an appropriate time released, said China's insurance industry regulator on April 20, reported Xinhua.

ABU DHABI: A government-led infrastructure programme has helped create a sense of stability to the real estate investment market but it would take time for it to become fully established, according to senior executives of the top-three Abu Dhabi master developers.

SHAH ALAM: I-Bhd, the developer of i-City (pictured) in Shah Alam, will be launching a high-end residential condominium and Soho offices in 2H2010, said Eu Hong Chew, chief operating officer of I-Bhd.

The 28 Mont’Kiara team with the awards

KUALA LUMPUR: Sunrise Bhd bagged two awards at the prestigious Asia Pacific Property Awards 2010 held in Hong Kong last Friday (April 16).

MELBOURNE: Foreign investment in Australian property is pushing up the price of housing and squeezing Australians out of the market, Australia's opposition housing spokesman Kevin Andrews says.

PUTRAJAYA: It was a joyous moment for 217 workers on April 21 as their 16-year legal battle with a lawyer over a parcel of land worth RM80 million ended when the Federal Court here ordered that the land be returned to them.

The three-member bench unanimously denied leave to lawyer Gurbachan Singh and four others to appeal to the Federal Court.

ALOR SETAR: Settlers of seven Felda schemes and nine Felcra schemes in Kedah who have worked their land for more than 20 years will be given titles soon, Kedah Menteri Besar Datuk Seri Azizan Abdul Razak said on April 21.

He said the decision on the titles was made at today's (April 21) meeting of the State

Executive Council, which he chaired at Wisma Darul Aman, here.

GEORGE TOWN: Think City, a wholly-owned subsidiary of Khazanah Nasional Bhd, has approved 18 grants worth RM1.84 million under the George Town Grants Programme (GTGP) after the first round of approvals.

HONG KONG: A growing number of would-be homebuyers in Shenzhen, Shanghai and Beijing could walk away from signed purchase agreements because they fear house prices are set to fall heavily, say estate agents. By quitting now and forfeiting their deposits, they believe they will be able to cut their losses by returning to pick up bargains after prices have fallen.