Sunrise has a simple philosophy - to create value for its stakeholders. Having a 'long term partnership commitment' with its customers has been key to value creation. Now, the company is taking its game to the next level by adding sustainability to its repertoire.

Having the confidence to ride out market challenges and the skill to prepare for an upturn is something that has stood Bandar Utama City Corp in good stead over the years

PUTRAJAYA: The government will implement the real property gains tax (RPGT) as scheduled on Jan 1, 2010, said Second Finance Minister Datuk Seri Ahmad Husni Hanadzlah.

KUALA LUMPUR: UOA Real Estate Investment Trust (UOA REIT) on Nov 6 announced its proposed acquisition of office suites within UOA II in Jalan Pinang, Kuala Lumpur from Instant Yield Sdn Bhd for RM14.56 million.

KUALA LUMPUR: Dijaya Corporation Bhd has acquired 36 parcels of vacant leasehold tracts, or a total of 1.8 acres in the vicinity of Sunway Mentari for RM19.5 million from Mentari Land Sdn Bhd.

SHANGHAI: Recent domestic and international market developments have sparked fears of a reversal to policy tightening in the China property market but Colliers International does not see the government withdrawing all concessions upon their expiry next month.

KUALA LUMPUR: Public Utilities Bhd (PUB) announced on Nov 6 that it has entered into a Rehabilition Agreement with Syarikat Perumahan Negara Bhd (SPNB) through its subsidiary LBCN Development Sdn Bhd (LBCN) to continue and complete construction of part of Phase 1 of Alam Perdana in Bandar Puncak Alam, in Ijok, Selangor.

KUALA LUMPUR: A few short hours following the approval of the Shanghai Disneyland project in Pudong New Area by the Chinese government, a parcel of land in Chuansha, 3 km from the proposed Disneyland site was sold for 14,024 yuan per sq m, exceeding average apartment prices in the area which ranges from 8,000 yuan per sq m to more than 13,000 yuan, according to a report in Shanghaidaily.com.

PETALING JAYA: MK Land Bhd, the master developer of Damansara Perdana in Selangor will launch Phase 3 of The Rafflesia, its first landed property in the township, on Nov 7.

KUALA LUMPUR: Malaysian Resources Corp Bhd plans to undertake a renounceable rights issue to raise up to RM566 million, of which RM380 million would be used as capital expenditure for future expansion.