KUALA LUMPUR: i-Bhd, an integrated ICT developer, has set aside a US$5 million (RM15.05 million) budget for brand-building positioning of i-City, globally, which will include international promotions and themed programmes.

KUALA LUMPUR: The High Court set July 5 to hear Kuala Lumpur City Hall's application to strike out a suit by Bukit Jalil Estate residents relating to the eviction notice and demolition of their houses.

DUBAI: Jordanian Ashraf Hamdan began investing in Dubai's real estate market in 2006, with a few modest rental investment forays before turning his sights on flashier projects as a wave of luxury developments hit the market.

The real estate bust in 2008 left investors like Hamdan with half-finished projects sitting in the desert sun and losses that were unlikely to be recouped.

KUALA LUMPUR: UEM Land Holdings Bhd (ULHB) says its bread and butter property development projects in Nusajaya are on the threshold of greater prospects in 2012, as the 24,000-acre enclave reaches critical mass, which will further spur the area's growth.

SINGAPORE: The corridors of Palais Renaissance are perhaps the quietest of any Orchard Road mall. But that does not bother Eddie Lee, owner of upscale jewellery boutique De Stijl. Lee has been a tenant at Palais Renaissance since 2002, occupying a unit in the basement.

KUALA LUMPUR: Dijaya Corp Bhd, best known for its development of Tropicana Golf and Country Resort, has acquired 88.5 acres (35.4ha) of freehold land in Subang Hi-Tech Industrial Park, Selangor.

The land was acquired from Chunghwa Picture Tubes (Malaysia) Sdn Bhd (CPT) for RM385.5 million.

KUALA LUMPUR: UOA Development Bhd made a lacklustre debut on the Main Market of Bursa Malaysia on Wednesday, June 8, closing one sen lower at RM2.59 with 78 million shares done.

It had earlier fallen to its intra-day low of RM2.48.

The institutional price was RM2.60, and the final retail price at RM2.52 after the book-building exercise.

KUALA LUMPUR: Mah Sing Group Bhd received four awards at the Asia Pacific International Property Awards 2011 that was held in Shanghai recently.

HONG KONG: Home sales rebounded during the Dragon Boat festival holiday weekend, property agents said.

At the 10 major housing estates monitored by Centaline Property Agency, 48 flats were sold, up 11.1% on sales concluded over the previous weekend.

HONG KONG: Christy Yao Xue is hot property these days. Yao, who runs a retirement home in Beijing, is being head-hunted for her skills and experience by mainland developers, private equity funds and international operators of retirement housing schemes.