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Back to basics for sustainable design

JASON Pomeroy, an award-winning architect, master planner and academic at the forefront of the sustainable built environment agenda, has come a long way since his chance visit to St Paul's Cathedral in London when he was eight that sparked a lifelong passion for architecture."I learnt from my father that Christopher Wren was the architect of the magnificent structure and that the role of an arc

KL-S'pore HSR gathers momentum

KUALA LUMPUR: Some local companies are said to be talking to each other and several potential foreign partners to participate in the multi-billion ringgit high-speed rail (HSR) link connecting Kuala Lumpur to Singapore, industry analysts said.

These companies include Gamuda Bhd, WCT Holdings Bhd, Malaysian Resources Corp Bhd, YTL Corp Bhd, UEM Group Bhd and MMC Corp Bhd.

IJM Land, Media Prima are JP Morgan top-picks

KUALA LUMPUR: JP Morgan has included Media Prima Bhd and IJM Land Bhd in its Global SMid Radar list of top 32 investment ideas for the third quarter edition.

The list comprises companies from around the world with a market capitalisation of below US5$ billion (RM16 billion).

Sunway Geo’s Phase 2 is 70% taken up

KUALA LUMPUR:  Sunway Bhd’s  property arm Sunway Integrated Sdn Bhd sold 70% of its recently launched Sunway Geo Phase 2, which carries a gross development value (GDV) of RM452 million.

The overwhelming take-up rate followed last year’s successful launch of Sunway Geo Phase 1, which has been fully sold, the group said.

Bank Islam: Consumer finance unit unaffected by BNM’s new rule

KUALA LUMPUR: Bank Islam Malaysia Bhd sees no impact on its consumer financing segment with the new regulations introduced by Bank Negara Malaysia (BNM) recently.

Business development director Khairul Kamarudin said Bank Islam is confident of achieving 10% to 20% growth in the segment this year.

Perduren gains RM751,000 from asset disposal

KUALA LUMPUR: Property investment company Perduren (M) Bhd expects a one-off gain of RM751,000 for its 2014 financial year ending March 31, following an asset disposal for RM11 million.

In a note to Bursa Malaysia yesterday, Perduren said it had entered into a sale and purchase agreement to dispose of a retail lot to Desa Ledang Sdn Bhd for RM11 million cash.

London housing demand to outstrip supply by 48%

KUALA LUMPUR: Demand for London homes will outstrip supply by 48% over the coming decade, according to Knight Frank's “London Calling — London Residential Development Report 2013" report.Although there is substantial increase in new residential development activities in many areas of London, an analysis of planning and construction pipeline confirms that supply will still fail to keep up with d

Bumi company launches RM600m project in Nusajaya

KUALA LUMPUR: Property developer Zikay Group Sdn Bhd has become the second bumiputera company to launch projects worth RM600 million in gross development value in Iskandar Malaysia, Johor.

Far East Orchard bulks up hospitality ops

As Singapore continues to rein in home prices, further unsettling developers and investors in the process, property group Far East Orchard Ltd is seeking steadier returns and better value for shareholders from abroad.