The electricity bills are only going to go higher. Thus, we must be smart and adopt an energy-efficient lifestyle to reduce our energy consumption.

Homes above malls are looking more attractive.

Singapore-listed property firm UOL Group Ltd, which owns and operates the Parkroyal and Pan Pacific brands, will see its hospitality portfolio in Malaysia grow in the next two to three years as it adds two new hotels and expands an existing hotel asset in Kuala Lumpur.

Gamuda Land’s first Australian project in Melbourne — 661 Chapel St — has recorded a take-up rate of 30% since its launch in Kuala Lumpur in June last year.

From the analysis of transactions by TheEdgeProperty.com, the average transacted price for non-landed homes in the secondary market was RM464 psf in 1Q2015, up 15.5% y-o-y.

Land Pacific Development Sdn Bhd may be a new kid on the block, but it is very ambitious. It aims to develop projects worth a total of RM2 billion in the next four years, starting with its maiden scheme, Impiana Hills Cheras, which is slated to be launched by next quarter.

Based on transactions analysed by TheEdgeProperty.com, the average price of non-landed homes in the area was RM464 psf in 1Q2015, registering a 15.5% growth from RM402 psf in 1Q2014.

Sales of RM229 million are also lower than expected as they make up only 15% of the management’s annual sales target of RM1.5 billion.

Property development increased by 72% y-o-y, mainly contributed by the Triling project in Singapore and IOI Palm City in Xiamen.

Major launches in FY16 include Sunway Gandaria (gross development value: RM200 million), Sunway Geo Residences 3 (RM400 million), Casa Kiara 3 (RM200 million), Velocity (RM200 million), Sunway Iskandar (RM400 million) and others.