The Edge Investment Forum on Real Estate 2010

Following the Middle Eastern oil trail

* feedback from conference was positive

* hunky environmental projects in the pipeline; solidifying KL Sentral presence

KUALA LUMPUR: Malaysian property developer Sunrise Bhd may consider injecting some of its property assets into a  real estate investment trust (REIT) as they begin to deliver stable income, its executive chairman said.

"We have invested considerably in a pool of investment assets over the last few years, which are now starting to  bear fruit," said Tong Kooi Ong.

KYM Holdings Bhd acquires RM3 mil land near Gohtong JayaManufacturing and property development company KYM Holdings Bhd is acquiring three contiguous parcels of leasehold land in Genting Highlands for RM3 million.In a July 20 filing, the company said it had entered into a sale and purchase agreement on July 19 with the vendor Datuk Seri Thiagarajah Nadarajah JP for the parcels 

What are the factors that can add value to a property?

Construction sector
Maintain overweight: The federal government is studying a proposal to extend the new light rail transit (LRT) line between Kota Damansara and Cheras to Sungai Buloh and Kajang, according to reports.

The temperature in Ho Chi Minh City (HCMC) is rising as the dry season nears. Like the weather, the property market there is getting hotter, with swelling demand for new homes from the city’s population of nine million.

• The Federal Government is studying a proposal to extend the new Light Rail Transit (LRT) line between Kota Damansara to Cheras to Sungai Buloh and Kajang, said Bernama news agency in a report yesterday. Additional routes are:

Today, we introduce our “Construction: Jobs Flow Tracker”, which seeks to measure the momentum of contract awards. Over the 1Q10 period, some RM2.85bn worth of jobs was awarded. Domestic contracts showed a healthy 16% y-o-y increase but contracted by 38% q-o-q due to the high base effect.