KUALA LUMPUR: Prime Minister Datuk Seri Najib Tun Razak has launched the "River of Life" project, which is aimed at revitalising the Klang and Gombak rivers to turn them into vibrant and livable waterfronts with high economic value.

KUALA LUMPUR: The Klang and Gombak rivers in the city will be turned into iconic waterfronts the likes  of rivers in major cities like London, Paris, Melbourne and Amsterdam by 2020, said Prime Minister Datuk Seri Najib Tun Razak.

KUALA LUMPUR: Architecture is not only important in landmark projects like the Petronas Twin Towers but also in smaller, more modest buildings which are close to the community, said Prime Minister Datuk Seri Najib Tun Razak.

KUALA LUMPUR: The Agathians Shelter will be transformed into the country's first "green" children's home by Rehda Youth, the youth wing of the Real Estate & Housing Developers' Association (Rehda).

Chan Kin-Meng, Rehda Youth chief, said the renovation and refurbishment of the home is the organisation's maiden project under its corporate social responsibility (CSR) programme.

SYDNEY: Tighter government regulations introduced by some Asian countries to cool sizzling house prices are contributing to higher demand for new apartments in Australia, property services firm CB Richard Ellis (CBRE) said.

The Australian apartment market is bucking a softening trend of the overall housing market, especially in Sydney.

KUALA LUMPUR: Sunway REIT Management Sdn Bhd, the manager of Sunway Real Estate Investment Trust (SunREIT), expects to increase the value of Putra Place to more than RM1 billion after refurbishment and rebranding exercisesSunREIT acquired Putra Place in Jalan Putra, Kuala Lumpur after it won a bid in a public auction in April this year for RM513.95 million.

KUALA LUMPUR: The Agathians Shelter will be transformed into the country’s first “green” children’s home by Rehda Youth, the youth wing of the Real Estate & Housing Developers’ Association (Rehda).

SHAH ALAM: The green features of the Selangor State Development Corporation or PKNS’ new headquarters in Shah Alam are expected to result in long-term savings in utilities of up to 60%, said its general manager Othman Omar.“We are aiming for a Green Building Index (GBI) platinum rating for the new headquarters Laman PKNS and we have appointed an international consultant to achieve this”, Othman

KUALA LUMPUR: In a move to grow its business overseas, Magna Prima Bhd is acquiring a residential development in Melbourne, Australia for A$26 million (about RM84 million).

KUALA LUMPUR: All 102 units of The Grove semi-detached homes at YTL Land & Development Bhd's Lake Fields township in Sungei Besi were sold in two days last weekend.