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Prince William and Kate choose London home

LONDON (Nov 8): Britain's Prince William and his wife Catherine have chosen to make the former apartment of Queen Elizabeth's sister Princess Margaret their permanent London residence, his office said last Sunday.

Grant Thornton seeks UK validity for PGL administration

LONDON (Nov 8): Insolvency specialist Grant Thornton is applying to have a Guernsey-issued administration order over Propinvest Group Ltd, whose assets include investment bank Citigroup's European headquarters, recognised in British courts, it said.

City&Country: Sanctuary Ridge to continue development

Developer Gasing Meridian Sdn Bhd must have heaved a sigh of relief when the Kuala Lumpur High Court decided in September last year to quash a judicial review application by a group of residents in Bukit Gasing.

City&Country: Glomac to launch RM1.2 bil worth of properties

Glomac Bhd is set to launch about RM1.2 billion worth of properties in FY2012, following its strong showing in FY2011. The developer saw its net profit jump 46% to RM63 million in FY2011 ended April 30, from RM43 million in FY2010.

City&Country: Eco-themed sky lounge

The lush green foliage and trees are a sight to behold, and one certainly gets a sense of being in a tropical paradise up in the air.

80% of govt housing loan applications made online

PUTRAJAYA (Nov 4): About 80% of 3,000 housing loan applications received by the Treasury's Housing Loan Division (BPP) monthly were made online since the service was introduced in August.

Its secretary Datuk Shuib Md Yusop is confident that full implementation of the system will not cause any problems what with the overwhelming response received from civil servants.

Sunway says not in talks with Sime on Iskandar JV

KUALA LUMPUR (Nov 4): Sunway Bhd on Friday said it is not involved in any discussion with conglomerate Sime Darby Bhd to jointly develop townships in Iskandar Malaysia, Johor.

Nevertheless, as a leading property and construction company, Sunway said it is constantly on the lookout for property development opportunities both locally and abroad.

MPI unveils impressive line-up at MIPIM Asia 2011

SINGAPORE (Nov 4): Malaysia Property Inc (MPI) has roped in distinguished property developers and government agencies to form a dynamic Malaysian contingent at MIPIM Asia 2011.

IJM Land Bhd, MSC Malaysia, Selangor State Development Corporation (PKNS) and Sunway Bhd form Malaysia's contingent for the three-day premier real estate event beginning Nov 15.

Quill Capita posts 8.3% jump in profits

KUALA LUMPUR (Nov 4): Quill Capita Trust (QCT), which is managed by Quill Capita Management Sdn Bhd (QCM), posted RM9.4 million net profit for its 3QFY11 ended Sept 30. This is an increase of 8.3% from RM8.6 million a year ago due to higher rental income contribution from properties and lower property expenses.