Condominiums are gradually peppering the urban landscape in the Klang Valley as space becomes a premium.

KUALA LUMPUR (Dec 30): Mah Sing Group Bhd's call warrants surged in active trade on Friday, accounting for 41 million units transacted.

At 3.36pm, Mah Sing-CE was up one sen to 2.5 sen with 23.269 million units done while Mah Sing-CB jumped 4.0 sen to 7.5 sen with 20.76 million units transacted.

HONG KONG (Dec 30): Chinese conglomerate Fosun Ltd said on Friday that it was surprised by SOHO China Ltd's RMB4 billion (RM2.01 billion) acquisition of a stake in a Shanghai property project in which it holds a 50% interest, and believes it has the right to preempt the deal.

KUALA LUMPUR (Dec 30): Contractor-turned-developer Binapuri Holdings Bhd is developing a 3.34-acre (1.4ha) low density residential enclave with a gross development value (GDV) of RM102 million in Bukit Prima Pelangi, Segambut in Kuala Lumpur.

MELBOURNE (Dec 29): Asian developers, mainly from Singapore, have been active in the Australian apartment sector, securing about 30% share of the properties. Malaysian, Chinese, Korean and Indian developers are huge investors too.

The Age newspaper says foreign investors are behind 13,000 apartments in 37 projects in Australia.

WCT Bhd (Dec 28, RM2.32)

KUALA LUMPUR (Dec 29): A Malaysian delegation from the construction sector which visited Sri Lanka on Dec 6-7, 2011, has generated RM1 million in sales and an additional RM16.3 million in potential sales are under negotiations.

KUALA LUMPUR (Dec 28): RAM Rating Services Bhd has reaffirmed the AAA rating of Mid Valley Capital Sdn Bhd's (MVCap) bonds with a stable outlook.

HONG KONG (Dec 28): In stark contrast to the buoyancy at the start of the year, Hong Kong's red-hot residential market draws to a close with extreme caution as sales slump and prices fall.

The decline in sales comes amid growing concerns about policy risks, availability of credit and mortgage rate hikes.

HO CHI MINH CITY (Dec 28): Netherlands-based mall developer ECC International Real Estate Hanoi announced plans to invest US$400 million-US$500 million (RM1.27 billion-RM1.59 billion) over the next five years to develop five to six malls in Vietnam and Thailand, reports Vietnam News Agency (VNA).