The most exciting day for homebuyers would be when they get the keys to their new home. For owners of units in Bukit Kiara Properties’ (BKP) Viva — one of the four towers in the Verve Suites development in Mont’Kiara, Kuala Lumpur — that day is getting closer, with the developer just waiting for a few more approvals from the authorities.

Ideas can come out of any situation and in the case of Thinkscape Team3, the architectural arm of Thinkscape Group, it came from a lotus bud. This fragrant plant inspired a design that won Malaysian company Thinkscape Group the top prize at a recent international architectural competition held in Vietnam.

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.

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.

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.

PETALING JAYA: Members of the Master Builders Association of Malaysia (MBAM) and its affiliates want the government to address the impact of the 0.5% ad valorem stamp duty imposed by the government on construction contracts.

KUALA LUMPUR: Mah Sing Group Bhd has acquired a 115-acre land in Cyberjaya, the information communication technology (ICT) township, with plans for a medium to high-end residential development.

KUALA LUMPUR : Malaysian Resources Corp Bhd (MRCB) is undertaking a RM2.14 billion mixed development within the Kuala Lumpur Sentral enclave. The project known as the "Lot G Integrated Development" on a 29ha (72 acre) site, comprises a retail mall and  hotel, besides three office towers.

KUALA LUMPUR: Sunrise Bhd posted net profit of RM43.15 million in the fourth quarter ended June 30, 2009 and it is confident of its prospects for the new financial year given its substantial locked-in unbilled sales.

PETALING JAYA: Section 14 has been the subject of much talk following the collapse of part of the old Jaya Shopping Centre in the early evening of May 28. The building was in the process of being demolished when a 5-storey portion of the structure gave way, killing seven construction workers.