When the real property gains tax (RPGT) was suspended in April 2007 and followed by further liberalisation of the Foreign Investment Committee’s (FIC) guidelines, investors breathed a collective sigh of relief.

PUTRAJAYA: The Malaysian Tourism Ministry is looking at ways to strengthen promotions for the Malaysia My Second Home (MM2H) programme next year, said its minister Datuk Seri Ng Yen Yen.

LONDON: UK house prices will end 2% higher in 2009 compared with the start of the year before weakening in 2010, says global property consultancy firm Knight Frank.

However, the market will see a limited rise in prices in 2011, and a more concerted recovery in 2012 led by properties in prime London, which cost between £500,000 and £1 million and country houses in southern England.

KUALA LUMPUR: TA Global Bhd, the property arm of TA Enterprise Bhd (TAE), aims to launch at least three projects in the Klang Valley with a total gross development value (GDV) of RM1.14 billion next year.

PUTRAJAYA: The Attorney-General's Chambers is looking into amendments to the National Land Code to curb fraudulent land transfers, the Federal Court heard on Oct 29.

PETALING JAYA: The Multimedia Development Corp (MDeC) expects three more new MSC Malaysia Cybercentres to be set up before the end of this year and another three next year.

MDeC's chief executive officer, Datuk Badlisham Ghazali said the need for more cybercentres was in tandem with the Multimedia Super Corridor (MSC) Malaysia Status companies' forecast growth of 12% this year.

LONDON: UK mortgage approvals climbed to their highest level for 18 months in September, adding to signs the housing market is recovering from a rout.

HONG KONG: Real estate developer Henderson Land said on Oct 29 it plans to pay a HK$9.6 billion (RM4.25 billion) land premium, in a bid to increase its residential land reserve through a change of the land usage, according to Reuters.

PETALING JAYA: Just days after the announcement of the imposition of the 5% real property gains tax (RPGT) from January 2010, the phones of real estate agents have been ringing non-stop with calls from homeowners who want to put up their properties for sale. 

KUALA LUMPUR: Sunrise Bhd will be launching at least two projects in the Klang Valley in its financial year ending June 30, 2010 (FY2010) after a quiet FY2009.