HWANGDBS Vickers is positive on the recent pick-up in the luxury segment of the local property market, stating that it was a strong indicator that the sector’s recovery is broadening. “Just a few weeks ago, this segment was considered dead by many.

KUALA LUMPUR: Going green is more than just a fad these days as the need to be sustainable in all aspects of our lives take on a more urgent note with the planet slipping ever more into an irreversible state of climatic damage.

{youtube}-vQpPzt_FBY{/youtube}

PETALING JAYA: It was not just another normal Saturday at Perumahan Kinrara Bhd’s sales office in Bandar Kinrara, Puchong, Selangor. More than 100 home buyers, some of whom had been camping in the premises for 11 days, are waiting to purchase homes at Sentosa, a link house development in Phases B39/B40 in the freehold Bandar Kinrara township.

The landscape of Mont’Kiara has changed dramatically.

IJM Land Bhd’s The Light Linear, a residential component of The Light Waterfront project in Penang, received overwhelming response from homebuyers during its launch on Aug 1. All the non-bumiputera units have been sold, bringing sales to 82%. Comprising 328 units, The Light Linear condominium units average about 1,500 sq ft and are priced at an average of RM410 to RM450 psf.

The Mont’Kiara enclave is a vibrant up-and-coming commercial and lifestyle hotspot, but how does it fare when compared to more established areas like Kuala Lumpur’s Jalan Bukit Bintang and Bangsar Baru?Jalan Bukit Bintang, often described as Malaysia’s equivalent to Singapore’s Orchard Road, is a popular shopping, night life and eating destination, which starts from Jalan Pudu and intersects Ja

While the worst of the global financial crisis appears to be over, its devastating impact on real estate demand is still reverberating around much of the world.

Things are looking up in the Penang property market. There are definite signs of recovery as more homebuyers return to the market. “I would not call 2Q2009 a slow quarter for the secondary market in Penang. It was also a quarter for top property developers offering attractive packages.

KUALA LUMPUR: Magna Prima Bhd is acquiring two pieces of land, totalling 28,148 sq metres in Petaling Garden from Petaling Garden Sdn Bhd for RM48.48 million.Magna Prima said the first piece of land was 16,790.363 sq. metres (180,736 sq. ft) and the second piece, measuring 11,358 sq. metres (122,260 sq.

The National Economic Policy (NEP) was implemented in 1971. The intentions were honourable and in time, the NEP has proved to be a nurturing ground for increased bumiputera equity in all areas of society and resulted in Malaysia's majority community realising its future and pride.