KUALA LUMPUR: China's 12 listed banks disbursed a combined 5.28 trillion yuan to real estate developers and  individual house  buyers last year, accounting for 24.3% of the 21.77 trillion yuan dished out by these lenders  during the year, China Daily reported.

HULU SELANGOR: Selangor Menteri Besar Tan Sri Abdul Khalid Ibrahim has promised to resolve abandoned projects in Sungai Buaya, Bukit Botak and Bukit Cerakah soon.

ABU DHABI:  Aldar Properties PJSC will build infrastructures for the Shiebat Al Watah mixed development in Al  Ain, the second largest city here. The three-year job was awarded by the Al Ain Municipality.

KUALA KUBU BHARU: The Selangor state government is pushing for the inclusion of two sites in the prestigious United Nations Educational, Scientific and Cultural Organisation (Unesco) World Heritage List and will commence preliminary studies on the areas before seeking the federal government’s support on the matter.

HONG KONG: Mainland property developers are rushing to stock up on cash now on fears that the overheated housing market will fall in the second half of the year although their funding costs are soaring as a result.

KUALA LUMPUR: Fraser & Neave Holdings Bhd (F&NHB) expects to gain RM21.98 million for the sale of 1.44 acres of partly developed land along Jalan Ampang here for RM53.8 million.F&NHB said on Thursday, April 22 the freehold land is being disposed of to Star Residence Sdn Bhd."The proposed disposal would enable the F&NHB group to immediately realise the profit from the disposal.

KUALA LUMPUR: Encorp Bhd is acquiring 3.3 acres of commercial land parcel in Puteri Harbour, Nusajaya for RM25.9  million for a mixed commercial and residential development project with gross development value of RM330 million.Its unit Encorp Iskandar Development Sdn Bhd had on Thursday, April 22 signed a sale and purchase agreement with UEM Land Bhd to acquire the land in Puteri Harbour, Nusaj