HONG KONG: In the latest salvo aimed at the mainland property market, the country is getting ready to launch a real estate investment tool that will give investors an alternative to bricks and mortar, and move to cool a market where prices have risen at the fastest pace in five years.

PUTRAJAYA: The federal government has agreed to set up a special fund to implement all development projects in Sabah and Sarawak.

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.

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.

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.

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.

KUALA LUMPUR: Malaysia’s Green Building Index (GBI) is developing rating standards for township developments and industrial buildings next.

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.

KFC Holdings (M) Bhd

(April 23, RM7.98)