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Merotai Iban community wants government to gazette land

TAWAU:  Some 400 Iban residents living in a longhouse in Ulu Merotai here have urged the government to gazette some 728ha of land here as a village reserve.

A spokesman for the villagers, William Liang Pilai, said they recently received a notice from the Sabah Forestry Department asking them to vacate the land which they have been occupying for 32 years.

Launch of Kota Seriemas superlink homes on Feb 20

KUALA LUMPUR:  Seriemas Development Sdn Bhd is launching the first phase of 2-storey superlink homes at its Cempaka Suria project in Kota Seriemas (pictured), Nilai, Negri Sembilan on Feb 20.

Seriemas Development (formerly known as I&P Seriemas Sdn Bhd) is a subsidiary of PNB Development Sdn Bhd.

London and Hong Kong office markets first to recover, says CBRE

LOS ANGELES: Among the four top-ranking international financial centres (IFC), London and Hong Kong’s office markets are the first to bounce back from the global economic crisis, said CB Richard Ellis (CBRE) in its report, “How Did They Fare? -- A Comparison of Office Markets in IFCs”. The other two cities are Tokyo and New York.

SP Setia Johor site visit by MIDF Research

SP Setia Reaffirm NEUTRAL

Unchanged Target Price (TP): RM3.99

We  recently  visited  some  key  developments  by  SP Setia  in  Johor.  Some of  the  notable  projects  we visited  were  Setia  Tropika,  Setia  Eco  Garden  and

Bukit Indah. Below are the takeaways of the visit:-

Mah Sing Group Johor site visit by MIDF Research

Mah Sing Group Retain BUY

Unchanged target price (TP): RM2.24

We recently visited key development by Mah Sing Group (MSGB) in Johor. Some of the notable projects we visited were Sri Pulai I, Sri Pulai II, Austin Perdana and Sierra Perdana. Below are the key-takeaways:-

US housing starts at 6-mth high

WASHINGTON: US housing starts rebounded more strongly than expected to their highest level in six months in January, while permits fell slightly less than forecast, pointing a mild housing market recovery.

New-home market in Hong Hong grinds to a halt

HONG KONG: Chilly weather and a soon-to-be launched big housing project in Yuen Long deterred homebuyers, with the primary residential market virtually grinding to a halt over the three-day Lunar New Year holiday.

"As far as I know, not a single flat has been sold. It may be the worst performance of recent years," Sammy Po Siu-ming, a director of Midland Realty, said Feb 17.