KUALA LUMPUR: Sunway City Bhd group is undertaking a corporate exercise to unlock the value of its properties which will see it injecting its shopping malls, office towers, hotels and hypermarket into its proposed multi-billion ringgit Sunway real estate investment trust (REIT) which will be listed on Bursa Malaysia.SunCity Group said on Wednesday, April 7 the proposed properties include the Su

KUALA LUMPUR: Dijaya Corp Bhd (DIC) is set to venture into the high-end property market in Mongolia following its acquisition of Transglobal Ltd (TGL) for US$50,000 (RM160,625) for its property development project in Ulaanbaatar in Mongolia.

KUALA KUBU BARU: Some 100,000 families in Selangor who have been occupying the state land for more than 15 years will soon receive their land titles, Menteri Besar Tan Sri Abdul Khalid Ibrahim said today (April 7).

He said the decision was made at the state executive council meeting today and the move would benefit squatter families and farmers occupying Temporary

MANILA: The World Health Organisation (WHO) on Wednesday, April 7 called for an innovative solution in narrowing the health inequity caused by rapid increase in urban population, so as to create a healthier society in the Western Pacific Region, China's Xinhua news agency reports.

KUALA LUMPUR: Hua Yang Bhd's RM750 million One South mixed development in Sungai Besi, Kuala Lumpur is getting an "overwhelming" reaction from prospective buyers.

KUALA LUMPUR: The Employees Provident Fund (EPF) can consider application by members to withdraw money from account two to rebuild houses destroyed by fire, Dewan Rakyat was told today (April 7).

HONG KONG: Lower than expected sales of apartments in Cheung Kong Festival City in Tai Wai have raised concerns that price gains in the primary market may be outstripping the budgets of homebuyers.

"It is a sign that prices are close to their peak," David Ng, head of regional property research at the Royal Bank of Scotland, said.

HONG KONG: Buying a burial plot may not be on the top of one's shopping list, but it can be a sound investment in China.

In areas near big cities such as Shanghai, where land is scarce, prices of burial plots have been rising about 10% per year over the past few years, according to Marcy Zhang, the managing director of Shanghai-based Crispins Property Investment Management.

KUALA LUMPUR: Cuepacs has urged the government to reduce the interest rate on housing loans from 4% to 2% in keeping with the market rates.

Its secretary-general, Ahmad Shah Mohd Zin, said many commercial banks were charging less than 4% and the government should also adjust the rates, which were first introduced in the early 70s.

KUALA LUMPUR: The government is mulling the idea of sharing part of the profit from the eventual sale of land along newly built expressways with the concessionaires, said Works Minister Datuk Shaziman Abu Mansor.

Such a move would help to lighten the concessionaires’ cost burden and the intensity of toll hikes, the minister said.