DUBAI: Qatar is set for a construction boom worth an estimated US$60 billion (RM188.4 billion) in the wake of its successful bid for the FIFA World Cup 2022.

According to this week's issue of the Middle East Economic Digest (MEED), the projects would involve new stadiums, hotels, highways and a rail network among others.

BEIJING: China's property inflation eased in November, the seventh monthly decline in a row after a slew of official measures to cool the red-hot market.

However, real estate investment remained buoyant, relieving concerns that tightening steps would inflict serious damage on the property sector and the broader economy.

KUALA LUMPUR: I&P Group Sdn Bhd is launching what it terms as premium homes at its Bandar Kinrara township in Puchong, Selangor, this weekend.

The RM255-million Q'aseh consists of 118 superlink homes while the RM73-million Chantek offers 14 semi-detached homes. Built on land sizes of 1,915 sq ft to 6,100 sq ft, Q'aseh units have built-ups from 2,799 sq ft to 3,778 sq ft.

KUALA LUMPUR: S P Setia Bhd CEO Tan Sri Liew Kee Sin said on Thursday, Dec 9 that the company will not be content with remaining at No 3 in terms of market capitalisation of listed Malaysian property companies, following the recent spate of mega mergers in the sector.

GEORGE TOWN: Hunza Properties Bhd Group's (HPB) RM450 million Gurney Paragon condominium project along Gurney Drive has seen an impressive take-up by foreign investors.

Two thirds of the 220 units have already been sold with locals taking up 50% while the rest were snapped up by buyers from Hong Kong, Singapore, UK, Indonesia, China, Vietnam, France and even Russia.

GEORGE TOWN: The state government should allow more reclamation, higher plot ratio, development above 250 feet in certain areas and development of other parts of the island to address the current land shortage for property development.

KUALA LUMPUR: Datuk Lin Yun Ling, Gamuda Bhd group managing director, said the company's property arm, Gamuda Land Sdn Bhd, is targeting RM5 billion worth of sales over the next two years as it embarks on a "high-growth" phase in 2011.

KUALA LUMPUR: Shares of Sunrise Bhd and UEM Land Holdings Bhd rose in active trading on Thursday, Dec 9, ahead of the Dec 22 deadline for the former's minority shareholders to accept the latter's takeover offer.

KUALA LUMPUR: I&P Group Sdn Bhd is launching what it terms as premium homes at its Bandar Kinrara township in Puchong, Selangor, this weekend. The RM255-million Q’aseh consists of 118 superlink homes while the RM73-million Chantek offers 14 semi-detached homes. Built on land sizes of 1,915 sq ft to 6,100 sq ft, Q’aseh units have built-ups from 2,799 sq ft to 3,778 sq ft.

Numerous erratic weather events are happening around the globe and Malaysia is not exempted from these abnormal weather patterns, as the exceptionally heavy storms in the Northern region and the waterspout seen off Gurney Drive in Penang just a couple of weeks ago demonstrate.