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Offshore: Landed properties still hot

It looks like the luxury-home market is still going strong, unlike the mainstream residential market, which has seen a slowdown in transactions since September, when the government introduced measures to quell speculation.

Gathering in memory of Bukit Antarabangsa victims

KUALA LUMPUR: A gathering was held Sunday Dec 6 in memory of the victims of the Bukit Antarabangsa landslide on Dec 6 last year which took five lives and destroyed 14 bungalows in Taman Bukit Mewah, Hulu Klang.

Social impact assessment needed for hillside development

KUALA LUMPUR: The people's safety and well-being should be given top priority when approving hillside development, president of the Malaysian Association of Social Impact Assessment (MSIA) Prof Datin Dr. Asmah Ahmad said on Dec 6.

Federal government declassifies Bukit Antarabangsa landslide report

TAMPIN (Negri Sembilan): The Ampang Jaya Municipal Council (MPAJ) can finally make public the investigation report on the Bukit Antarabangsa landslide.

Works Minister Datuk Shaziman Abu Mansor said Saturday Dec 5 the government has approved the MPAJ's request to publicise the report following the decision reached at the Cabinet meeting on Friday.

City&Country: Rhythm Avenue gets its groove back

For many years, a “Home Sweet Home” sign could not be hung up in the apartments of Subang USJ19’s Rhythm Avenue as the development was abandoned in 2001. The project was 90% complete, but the financial woes of the then developer Sanjung Utama Sdn Bhd caused work to stop.

Atrium REIT granted a six months extension to appoint new CEO

KUALA LUMPUR: The Securities Commission has granted Atrium REIT Managers Sdn Bhd a six months extension up to April 15, 2010 to appoint a new chief executive officer (CEO), following the resignation of former CEO, Lim Pang Kiam on Oct 15.

US housing market meltdown not over yet: Zandi

NEW YORK: The meltdown of the US housing market is not over yet, and home prices will soon start trekking downward again as a flood of foreclosures looms, a well-known economist said Dec 3.