News by Wong King Wai

United Malayan Land Bhd (UMLand) is undergoing a corporate exercise to streamline its activities to ensure greater growth. One of the changes was the appointment of Dennis Ng Yew Khim, 42, as its group managing director on March 1. He is the eldest son of executive deputy chairman Datuk Ng Eng Tee.

Living in the London borough of Kingston upon Thames, with its history of crowning seven Anglo-Saxon kings, would certainly make for good dinner conversation. The Berkeley Group’s latest offering — Queenshurst — might give you that opportunity as it launched the first phase in Malaysia on the weekend of July 30.

The high-rise property market in Johor is going through challenging times at present, but S P Setia Bhd is taking the long-term view and is optimistic about the Johor Bahru property market.

GROWING old is inevitable, no matter how much you juice, exercise or slap on expensive moisturiser. In Malaysia, the elderly usually live with one of their children, but there comes a time when it becomes too difficult to care for them. Then, many face a common dilemma — does one hire a full-time maid or opt for a home for the aged.

Mention Damansara Heights and many assume that those who live there belong to the upper echelons of society, own palatial mansions and have a high net worth. That may not be true of course, but the area has an undeniable cachet that has made it a property hotspot.

Property values in Damansara Heights— popularly known as the Beverly Hills of Kuala Lumpur — are expected to hold firm despite tough economic conditions, propped up by new property and infrastructure developments, said property experts.

Will the prices of Penang houses, considered expensive, drop because of the soft market conditions?

Penang-based developer New Bob Group is building the first green condominium in Seberang Perai. The company had made its foray into the hospitality industry last April with the opening of Tido Penang Hostel, catering for flashpackers, on Argyll Road in George Town. Flashpackers refer to tourists who want to travel on a budget but still desire comfort and stylish accommodation.

It has 160 terraced houses, with built-ups from 2,006 sq ft to 2,594 sq ft.

Since its emergence in the 1950s, the internet has grown into a juggernaut, changing the way we do practically everything, from finding a partner to buying everyday items like groceries and electronic appliances.