SHAH ALAM: Kumpulan Hartanah Selangor Bhd (KHSB) in talks to acquire 9.4 acres of land in Section 14, Petaling Jaya for a proposed property project with an estimated gross development value (GDV) of RM600 million.

KUALA LUMPUR: The SBC-Taylor's 2009 Architectural Design Award competition took on a "green" theme this year as participants had to design a sustainable community recycling centre for a non-governmental organisation (NGO) of their choice of between three and five storeys.Students were required to do their own research on current and emerging trends, contributing ideas and solutions to design th

KUALA LUMPUR: The serviced apartment sector in Hong Kong has been relatively more resilient than the luxury residential market during the current economic downturn, according to real estate services agency Colliers International (Hong Kong) Ltd.According to the "Serviced Apartments Overview - June 2009" report published by Colliers International recently, between August 2008 and April 2009, the

When City & Country caught up with Lim Ching Choy last week, it was at a hotel lounge as his office was under renovation.

It looks like downward trend in residential property prices on the secondary market in Johor Baru, apparent since 4Q2008, will continue to plague the state’s property market for a while yet.According to KGV-Lambert Smith Hampton Johor director Samuel Tan, homebuyers in Johor Baru are maintaining a cautious stance.“Despite the recent slight stock market rally, the outlook for the economy and Joh

City and Country randomly monitors landed residential properties up for auction in the Klang Valley, with a minimum reserve price of RM250,000.Given the current economic climate, it comes as no surprise to see a rise in property auctions. While more properties go under the hammer, sales have been sluggish overall.

I had a fun time trying to decipher the numbers in the latest 2008 Property Market Report by the Valuation and Property Services Department under the Ministry of Finance. The report is a slim volume offering raw data. It also offers a short introduction to the state of the property market as at end-2008.The report should be compulsory reading for every developer and property owner.

IOI Properties Bhd (IOI Prop) made its first foray into the retail industry in the mid-1990s, with the IOI Mall in Puchong.

After just about two months in office, new Housing and Local Government Minister Datuk Seri Kong Cho Ha feels there is a need for change — not in the ministry but in the people’s perception of it. People tend to blame the ministry for all their housing-related woes, so making them understand the role of the ministry better is one of his key challenges, says Kong.

In April 2007, the government heeded calls for the build-then-sell (BTS) approach to be implemented, mainly to protect homebuyers from becoming victims of abandoned projects. It introduced two BTS variants — the complete BTS 0:100 and partial BTS 10:90 and offered incentives to encourage developers to adopt the system to deliver houses.