News by Shawn Ng

Sold for: RM657,000 (RM884.25 psf); Concluded by: Chong Teck Seng (REN 05043) of MIP Properties (012-873 1283); When: July 2016

Melbourne will soon usher in 600 Collins Street — the masterpiece of the world’s most renowned female architect, Zaha Hadid — after the Victorian government approved the $300-million project, Tourism Australia announced in a press release today. The building has also been declared Melbourne’s first “destination tower”.

What types are there and how do you choose one?

The residential property sector in Kota Kinabalu is witnessing a gentle improvement, underpinned by a lack of new launches in the market, said property consultancy firm Knight Frank Malaysia in its Real Estate Highlights report.

i-SoHo comprises 925 SoHo units with a gross development value (GDV) of RM438 million and is scheduled for handover by this year-end while i-Suite features 825 units with a GDV of RM448 million and will be ready for vacant possession by mid-2017.

The immediate outlook of Penang’s property market will be challenging amid difficulties in the global and national economic environment, said property services firm Knight Frank Malaysia in its latest report.

Nevertheless, there are still good deals to be found and momentum is building among buyers, said the report.

Pavilion Elite, an extension to Pavilion Mall Kuala Lumpur, is expected to open its doors to shoppers in November.

Sold for: RM3.5 million (RM2,852.49 psf); Concluded by: Keegan Soh (REN 05130) of IQI Realty (014-9653782); When: June 27, 2016

A candid shot of a father and his daughter at play paid off in a big way for nature lover Tan Kai Ren when he took home the grand prize in the S P Setia-TheEdgeProperty.com World Environment Day 2016 photo contest at the prize giving ceremony yesterday.