KUALA LUMPUR: Sunrise Bhd is expected to launch at least four major property projects with gross development value (GDV) totalling RM2.7 billion next year and anticipates to register better results for FY2011 ending June 30, given its large unbilled sales of RM1.2 billion.

KUALA LUMPUR: AP Land Bhd on Friday, Oct 29 launched Shiki niseko, its first mixed-development project in Japan.

"This is considered the Aspen of the East and is targeted to high net-worth individuals," said Low Su Ming, joint managing director of AP Land after the official media presentation.

KUALA LUMPUR: The completed Bézier Apartments located in the City of London, UK is open for sale to Malaysians this weekend Oct 30 and 31, following its official launch last weekend (Oct 23 - 24).

BEIJING: China's latest interest rate rise earlier this month was not aimed at taming property prices, a senior central bank researcher said on Friday, Oct 29.

The central bank does not target asset prices when setting monetary policy, said Zhang Jianhua, the head of the research bureau at the People's Bank of China.

KUALA LUMPUR: Property is one of the main focuses of the recently-launched Economic Transformation Programme (ETP) roadmap, as the development of industrial, commercial, residential and even tourism centres are expected to help kickstart the transformation of Malaysia into a high-income economy.

KUALA LUMPUR: iProperty.com has been accorded the Multimedia Super Corridor (MSC) status by the Multimedia Development Corporation.

The property website was awarded the status as it met strict qualifying standards by demonstrating the organisation's capabilities, vision, financial strength and efforts in producing innovative products.

HONG KONG: The average price of a flat in Taikoo Shing last month surpassed the previous peak set in 1997, making it the first housing estate in the city to set new record prices.

BEIJING: China's economic development faces complex internal and international challenges, as increasing costs and a rising currency make it increasingly difficult to maintain stable industrial growth, according to an industry ministry official.

KUALA LUMPUR: Sime Darby Property Bhd plans to launch two projects in USJ Heights next month, its managing director Tunku Putra Badlishah said in a media release on Thursday, Oct 28.

KUALA LUMPUR: Gadang Holdings Bhd's net profit for the first quarter (1Q) ended Aug 31, 2010 increased 80% ito RM6.405 million from RM3.55 million a year ago.

The Group said on Thursday, Oct 28 that its revenue for the quarter increased 41% to RM82.63 million from RM58.41 million the previous year.