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As Malaysians hunker down in the face of a global economic crisis that has prompted economists to forecast the country’s first recession in over a decade, the local retail industry is bracing for an inevitable shakeup.With tens of thousands of workers having already lost their jobs and with the Malaysian Employers Federation predicting that 200,000 workers will be laid off during the current do

Eleven months ago, the sale of the 24-storey Wisma Angkasa Raya, located strategically across the road from the famed Petronas Twin Towers in Kuala Lumpur City Centre (KLCC), was the talk of the town.Sunrise Bhd paid close to RM180 million for the building that sits on a prized 1.56-acre corner site located between Jalan Ampang and Jalan P Ramlee.

Aged wooden gates and bare concrete walls — perhaps that may not gel with your idea of a typical “dream home”. But take a look at the haven/The Edge My Dream Home 2008’s gold winner in the detached/semi-detached category and you might change your mind.

The haven/The Edge My Dream Home Contest is back!

When you drive along the SPRINT Penchala Link from Mont’Kiara towards Damansara Perdana or along Lebuhraya Damansara-Puchong towards Sungai Buloh, you may notice a cluster of tall and imposing buildings on a hillock near the entrance to Damansara Perdana.The almost completed building is called PJ Trade Centre, an impressive Grade A office development.

The head of investment at Zerin Properties, Francis Quah, has been named “Outstanding Individual for Real Estate Transaction” for 2008 in RFP Magazine’s Outstanding Individuals in Industry Awards 2009.Quah was selected for the award for concluding the sale of The InterContinental Hanoi hotel in Vietnam at the peak of the subprime crisis.Zerin Properties’ founder and CEO Previndran Singhe was th

The value and potential of real estate hinge on its location. But it is not sufficient to go macro on the location factor; one needs to go micro as well.Picture this: Taman Tun Dr Ismail (TTDI) is a popular address in Kuala Lumpur.

KUALA LUMPUR:  The Malaysian property market is not heading towards slump even though there may be a slowdown now as attractive financing packages and more realistic prices from sellers should perk up sentiment, according to real estate industry experts.They said the current "wait and see attitude" by potential property investors and homebuyers may end soon, as sentiment is given a boost by the

KUALA LUMPUR: The retail industry is expected to contract this year but all is not gloom and doom. Some shopping destinations and brands are bucking the downward trend and are going ahead with their expansion.