GEORGE TOWN: Hunza Properties Bhd Group's (HPB) RM450 million Gurney Paragon condominium project along Gurney Drive has seen an impressive take-up by foreign investors.

Two thirds of the 220 units have already been sold with locals taking up 50% while the rest were snapped up by buyers from Hong Kong, Singapore, UK, Indonesia, China, Vietnam, France and even Russia.

GEORGE TOWN: The state government should allow more reclamation, higher plot ratio, development above 250 feet in certain areas and development of other parts of the island to address the current land shortage for property development.

KUALA LUMPUR: Datuk Lin Yun Ling, Gamuda Bhd group managing director, said the company's property arm, Gamuda Land Sdn Bhd, is targeting RM5 billion worth of sales over the next two years as it embarks on a "high-growth" phase in 2011.

KUALA LUMPUR: Shares of Sunrise Bhd and UEM Land Holdings Bhd rose in active trading on Thursday, Dec 9, ahead of the Dec 22 deadline for the former's minority shareholders to accept the latter's takeover offer.

KUALA LUMPUR: I&P Group Sdn Bhd is launching what it terms as premium homes at its Bandar Kinrara township in Puchong, Selangor, this weekend. The RM255-million Q’aseh consists of 118 superlink homes while the RM73-million Chantek offers 14 semi-detached homes. Built on land sizes of 1,915 sq ft to 6,100 sq ft, Q’aseh units have built-ups from 2,799 sq ft to 3,778 sq ft.

Numerous erratic weather events are happening around the globe and Malaysia is not exempted from these abnormal weather patterns, as the exceptionally heavy storms in the Northern region and the waterspout seen off Gurney Drive in Penang just a couple of weeks ago demonstrate.

KUALA LUMPUR: Mutiara Goodyear Development Bhd (Mutiara) will launch RM1.6 billion worth of projects in the next 12 months. The first of the new projects to be launched is the freehold 68.6-acre Nadayu 92 in Kajang with a gross development value (GDV) of RM320 million.

GEORGE TOWN: Hunza Properties Berhad Group’s (HPB) RM450 million Gurney Paragon condominium project along Gurney Drive has seen an impressive take-up by foreign investors.Two thirds of the 220 units have already been sold with locals taking up 50% while the rest were snapped up by buyers from Hong Kong, Singapore, UK, Indonesia, China, Vietnam, France and even Russia.HPB executive chairman Datu

KUALA LUMPUR: There must be a mechanism to ensure property developers reveal the actual service charges imposed on unit owners of stratified projects on the outset, said the International Real Estate Federation Malaysia Chapter (FIABCI Malaysia) deputy president Tengku Ab Aziz Tengku Mahmud.

BEIJING: CB Richard Ellis's (CBRE) Asia Research Report details how China's high-speed rail network will change the property landscape of the country, it said in a press release on Monday, Dec 6. The network will bring new opportunities for real estate development that will serve as station-based central business districts.