PETALING JAYA: Takaful Ikhlas Sdn Bhd, a wholly-owned subsidiary of MNRB Holdings Bhd has allocated between RM100 million and RM150 million to acquire more commercial buildings within the Klang Valley this year.  

KUALA LUMPUR: The Housing and Local Government Ministry is reviewing the Uniform Building By-Laws including provisions on structural, constructional and fire requirements, in an effort to set higher quality and safety standards of buildings.

LONDON: Britain's housing market gathered pace in April, with sellers asking 6% more for their homes than a year ago, up from 5.3% in March, property website Rightmove showed on Monday April 19

The rise in prices came despite a pick up in supply, with more sellers putting their homes up for sale than at any time since August 2008.

BEIJING/SHANGHAI: China's cabinet on Saturday April 17 laid out further detailed measures for keeping the property sector in check, empowering and ordering local governments to take steps to control speculative buying.

Upbeat mood - Industry experts at The Edge Investment Forum on Real Estate 2010 are optimistic about the outlook for the residential sector, property stocks and REITs this year. The Malaysian property market has certainly bounced back from the slowdown over a year ago.

This year will be a good one for the property market, said CB Richard Ellis (Malaysia) Sdn Bhd managing director Allan Soo at The Edge Investment Forum on Real Estate 2010 on April 10.“It is generally accepted that the market is getting from warm to pretty hot right now,” Soo said in his presentation entitled “Malaysian property market outlook in 2010 — Is the picture clearer?”Speaking to a mor

What are the factors that can add value to a property?

"It is easy to succeed in real estate investment,” said N K Tong, group managing director of Bukit Kiara Properties, a high-end niche property developer. “If you have the discipline to take a long-term view, find opportunities to add value and be patient yet decisive,” he added at the recently concluded The Edge Investment Forum on Real Estate 2010 held in Kuala Lumpur on April 10.

The Malaysian real estate investment trust (MREIT) market has yet to realise its true potential compared to peers around Asia, primarily due to the lack of overseas investors participating in Malaysian entities.

Strangely enough, we are less driven by speculation this time round than Singapore and China. There are a lot of multiple ownerships in Mont'Kiara condos for example and none of them has defaulted since 2008! This fact came from a bank.