LONDON: The streets in London’s Kensington and Chelsea district have the most expensive U.K. properties with sterling’s slide helping to lure buyers to an area where the average cost of a house exceeds 1 million pounds ($1.6 million).

KUALA LUMPUR: Signature Landmark Property Sdn Bhd will be launching the first phase of its mixed development project Aranda Nova (pictured), located just beside Equatorial Hotel in Brinchang, Cameron Highlands, in 1Q2010.

LONDON: UK house prices will decline next year as rising unemployment and concern about the government's fiscal squeeze limit demand, Hometrack said.

IPOH: Residents staying in flats and housing estates in the city here have been asked to form residents' associations to maintain the cleanliness and security of their respective areas.

Ipoh Mayor Datuk Roshidi Hashim said on Dec 28 residents' associations were capable of motivating residents to conserve the environment, maintain cleanliness and nurture civic consciousness.

KUALA LUMPUR: BHS Industries Bhd (BHS) is acquiring four tracts measuring about 828, 946 sq ft for a total of RM2.29 million today, according to a Bursa Malaysia filing on Dec 28.

KUALA LUMPUR: Kejora Juara Sdn Bhd (KJSB) is acquiring three plots of land in Muar, Johor, measuring 276, 605 sq ft from Paragon Progress Sdn Bhd (PPSB) for RM2.2 million.

KUALA LUMPUR: HELP International Corporation Bhd is acquiring a hostel building, HELP Residence, in Damansara Heights for RM50 million.

KUALA LUMPUR: Maybank Investment Bank Bhd maintained its earnings estimates for Mah Sing Group Bhd // following changes in the planned sale of the property developer's commercial tower within Kuala Lumpur prime land.

KUALA LUMPUR: Selangor Properties Bhd's net group profit for the fourth quarter ended Oct 31, 2009 (FY09) rose 9% to RM35.85 million from RM32.9 million a year earlier on the back of better sales from its property development sector.

Revenue for the quarter jumped 142.7% to RM155.1 million, from RM63.9 million in 4Q2008.

KUALA LUMPUR: Datuk Redza Rafiq on Monday, Dec 28 was appointed CEO of the Northern Corridor Implementation Authority.

Prior to this Redza served for three years as managing director of Cyberview Sdn Bhd, the landowner and master developer of Cyberjaya.