MRCB-IJM Land merger called offThe proposed merger between Malaysian Resources Corp Bhd (MRCB) and IJM Land Bhd has been scrapped after both parties failed to agree on the terms of the memorandum of understanding which expired on Dec 29.“The memorandum of understanding, in relation to the proposed merger, has lapsed and ceased to have any further effect,” MRCB said on Dec 30.Th

The Klang River, meandering 120km through Selangor and Kuala Lumpur towards the Straits of Malacca, has had its glorious days.

Q&A with Selangor Menteri Besar Tan Sri Abdul Khalid Ibrahim

The framework of participation of the three companies chosen by the Selangor government to rehabilitate and develop the Klang River will be determined by the Public Private Partnership Task Force for the project, chaired by Menteri Besar Tan Sri Abdul Khalid Ibrahim.

What makes a successful township/project? Ho Chin Soon, the director of the eponymous Ho Chin Soon Research, puts it down to, among other factors, accessibility and the neighbourhood.

Experience life in the fourth dimension? What on earth, you may ask? Well, that’s the tagline for the Hypercubes Lounge, the second sky lounge at the first fully-furnished designer condo suites in Malaysia — Verve Suites in Mont’Kiara,Kuala Lumpur.

What usually comes to mind when one mentions Ipoh are the lovely limestone hills, the serene feel to the town and of course, great food. Just about a two-hour drive from Kuala Lumpur, it is becoming a popular spot for city folk to escape the hustle and bustle, especially on the weekends.

WASHINGTON: U.S. housing starts rose more than expected in March to their highest level since November 2008 and permits to build new homes scaled a 17- month high, according to a government report on Friday April 16 that offered hope the housing market recovery remained on course.

SHANGHAI: China policymakers plan to increase the country's land supply for residential properties to curb  escalating home prices, a move which will increase the supply of affordable homes, the Shanghai Daily newspaper reported, quoting the Ministry of Land and Resources.

KUALA LUMPUR:The prime office market in the Klang Valley will see a large supply of new office developments before the year ends. The vacancy rate is expected to rise notwithstanding an expected steady absorption rate, CH Williams Talhar & Wong real estate consultancy said in its 2010 property market outlook report released here on Friday April 16.