A loophole in Australian property rules has helped overseas developers invest what industry executives believe were record levels in the country in 2015, casting doubt over the efficacy of curbs intended to keep a lid on soaring prices.

The project also involves the construction of common facilities, drainage and retention pond, piling works, associated infrastructure and landscape works.

In June 2011, Mah Sing issued RM325 million nominal value of the bonds. In June 2015, it announced that RM10 million nominal value of the bonds were converted to 8.77 million new shares at the conversion price of RM1.14.

Chennai stands last amongst the top four metropolises in India in terms of exiting property supply in 2015.

DAP National vice-chairman has urged the Vivekananda Ashram trustees not to appeal the Kuala Lumpur High Court’s dismissal today of their application for a judicial review of the federal government’s decision to gazette the ashram.

The Malaysian Annual Real Estate Convention 2016 (Marec ’16), which helps real estate practitioners stay abreast of the property market, is opening its doors to the investing public for the first time.

State Local Government, Traffic Management and Flood Mitigation Committee chairman Chow Kon Yeow said demolition works in the area involved other structures near the building, which is known as Hotel Runnymede.

But growth likely to be impacted by 2018 due to slowdown.

Members of the Royal Institution of Chartered Surveyors (RICS) said new buyer enquiries rose for the tenth month in a row in January as home prices face upward pressure, as they seek to beat the deadline of a 3% stamp duty hike in April.

Sold for: RM1.9 million or RM750psf; Concluded by: Chris Ng Hong Hooi of GMAC Realtors (019-6148656); When: January 2016