KUALA LUMPUR: Kuala Lumpur City Hall (DBKL) has received only 80,000 objection letters on the assessment hike, the federal territories minister said yesterday.

KUALA LUMPUR: Asian Pac Holdings Bhd has pre-leased 65% of the 800,000 sq ft of net retail space in its lifestyle luxury Imago Mall in Kota Kinabalu (KK), Sabah.

Its management said the mall is scheduled for completion in the fourth quarter of 2014, and has attracted both international and local labels, some of which are making their entry into the KK market.

KUALA LUMPUR: Sunway Bhd has acquired four parcels of land totalling 24.46 acres (9.82ha) in Penang island with its winning bid of RM267.4 million or RM251 per sq ft.

KUALA LUMPUR: Berjaya Assets Bhd (BAssets) yesterday disclosed that it had sold a 20% stake in Berjaya Times Square Sdn Bhd (BTSSB) to the Sultan of Johor at a discount of 37% to the net asset value (NAV) of the building as at June 30, 2013.

SINGAPORE: Singapore’s home sales rose 13% in November from a year ago, as developers marketed new projects, ending four months of declines that followed loan measures to curb property prices.

KUALA LUMPUR: A new high-rise building project on the Kuala Lumpur side of Bukit Gasing has drawn the ire of elected representatives and residents in the area, highlighting the lack of foresight by City Hall to effectively manage hillslopes and green lungs.

KUALA LUMPUR: A company owned by an executive with links to former Metroplex Bhd’s major shareholders has taken control of some 100 acres (40.46ha) of land at the foot of Genting Highlands after a controversial court convened meeting of scheme creditors last Friday.

SINGAPORE: Singapore-listed Albedo Ltd has agreed to buy an additional six parcels of land from a company majority owned by Malaysian tycoon Tan Sri Danny Tan in a move that will increase the size of the reverse takeover (RTO) deal by more than twofold from S$774 million (RM1.99 billion) to S$1.86 billion.

AFTER rapid gains, some of the hottest housing markets in the United States look like they are starting to roll over.

I WANTED to build iconic buildings,” Danny Koek Tiang Kung, executive chairman and group managing director of DK Group, tells City & Country in a recent interview.