For those who committed to a property last month, the government measures introduced last Monday may have come a little too late. Take S Bariar and her husband, both professionals in their mid-40s, who had been house-hunting in earnest since the end of May this year when the en bloc sale of their apartment at Gillman Heights was completed.

KUALA LUMPUR: Selangor Properties Bhd  posted net profit of RM33.3 million for the third quarter ended July 31, up 182% from RM11.8 million a year ago, boosted by foreign exchange gains and higher profits from property development.It said on Sept 25 revenue rose 36.5% to RM70.55 million from RM51.68 million.

KUALA LUMPUR: Selangor Properties Bhd posted net profit of RM33.3 million for the third quarter ended July 31, up 182% from RM11.8 million a year ago, boosted by foreign exchange gains and higher profits from property development.

KUALA LUMPUR: TSI International Group, a company involved in landbanking has appointed Sovereign Wealth Management Sdn Bhd, a Malaysian-owned wealth management company as the exclusive distributor for its landbanking products in the Malaysian market.

KUALA LUMPUR: The drop in US home sales in August from the previous month could just a be “a temporary blip in the improving trend rather than a sign of renewed weakness,” said US Economist Paul Dales of Capital Economics Ltd based in Toronto.

SINGAPORE: Asia’s largest integrated resort in Singapore, Resorts World Sentosa, has created two world’s firsts in collaboration with DreamWorks Animation SKG, Inc within its Universal Studios Singapore theme park.

KUALA LUMPUR: Ho Wah Genting Bhd has mutually agreed with Ivan Khor Property Holding Sdn Bhd to rescind their conditional sale and purchase agreement dated Oct 8, 2008, for Ivan Khor Property to purchase two Kedah properties from HWGB for RM7 million.

KUALA LUMPUR: AMDB Bhd's unit Walleng Enterprises Sdn Bhd is targeting property in London for investments after subscribing for 60% of British Virgin Islands-incorporated Westlink Global Investments Ltd.

HONG KONG: The 17^th floor of Tower Two, Lippo Centre, is up for sale by public tender. With a total area of approximately 12,633 sq ft, the office located at No 89, Queensway, Admiralty in Kowloon faces Victoria Harbour and Hong Kong Park.

PETALING JAYA: Abandoned housing projects have long been a major problem for the country. According to the Ministry of Housing and Local Government, there are currently 136 abandoned housing projects nationwide. This accounts for approximately 2% of the country’s total housing developments and affects 30,576 house buyers.