Global key cities’ prime residential prices have increased on average by 3.6% over the past 12 months to March 2016, compared with a 3.9% growth in the same period to 1Q2015, according to Knight Frank’s Prime Global Cities Index for 1Q2016.

The property is expected to sell for about £200 million (RM1.16 billion).

Las Vegas Review-Journal reported that Genting officials told regulators subtle refinements had been made to the Chinese-themed resort, which Genting said would include a 150,000 sq ft casino and open in 2019.

Vivocom announced to Bursa Malaysia today the builder via Vivocom Enterprise Sdn Bhd had signed a heads of agreement with developer De Facto Integrated Sdn Bhd.

Purchase by Guan Eng for RM2.8 mil a controversy.

Five industrial buildings in Australia could be acquired by Blackstone Group, said the report. Sime Darby is planning to sell property assets in Australia and Singapore so that it can reduce debt.   

The top loss was for a 2,465 sq ft, four-bedroom unit at The Orchard Residences, a 99-year leasehold condominium above Orchard MRT station and ION Orchard.

The project’s last transaction was in November 2015, when a 1,281-sq ft unit was sold for S$1.27 million, or S$993 psf.

Sime Darby Property said Subang Jaya’s story began in 1976, when Sime UEP Properties Bhd started developing 583ha of land there.

LBS Bina achieved total sales of RM1.029 billion last year, up 60% from 2014. This year, it is looking to launch RM1.95 billion worth of properties, a mix of high-rise and landed residential and commercial developments, mainly in its township, Bandar Saujana Putra, and the Klang Valley.