Sarawak's first Seri Malaysia Hotel to open its doors in February
LAWAS: Hotel Seri Malaysia Lawas, the latest in the chain of hotels under Hotel Seri Malaysia Sdn Bhd, will start operating in this nothernmost town of Sarawak in February next year.
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Chongqing ranks first among listed happiest cities in China
BEIJING: This southwestern city has dwarfed the country's political and economic centres as the only provincial-level municipality listed among China's happiest 10 cities in 2010, Xinhua News Agency cited China Daily's report Tuesday, Dec 28.
Asian Pac unit disposing land for RM49.11m
KUALA LUMPUR: Asian Pac Holdings Bhd's unit Safe Valley Sdn Bhd is disposing four pieces of freehold land in Setapak measuring about 8.7 million acres to Axis Milestone Sdn Bhd for RM49.11 million cash.
In a filing to Bursa Malaysia on Monday, Dec 27, Asian Pac said the lands were acquired in September 2007 at a cost of about RM22.06 million.
Thailand's Land & Houses' financial arm plans IPO
BANGKOK: The financial arm of Thailand's top home builder Land & Houses Pcl said on Monday, Dec 27 it planned to sell 1.44 billion new shares in an initial public offering (IPO) next year.
Beijing the smartest city pick for investors
A PATCHY recovery in house prices around the world in the third quarter of this year was led by markets in the Asia-Pacific, which recorded an average rise of 9.9%. The increase was tracked in the global house price index by property consultancy Knight Frank.
High-speed railways a boon for homes, shops
THE rapid development of the mainland's high-speed rail network will make it easier to get around and bring new opportunities for real estate investment, property consultants say.
Singapore investor TCT to invest CNY1b yuan in mainland malls
SINGAPORE-LISTED property investor Treasury China Trust plans to invest more than one billion yuan (RM466.25 million) in at least three shopping arcades on the mainland as it positions itself to take advantage of the growing wealth of consumers there.
More apply to study real estate as professionals look to polish resume
IN 2008, when most Americans were fleeing the property market, David Mann was charging towards it.
Sunway Merica homes open for registration
KUALA LUMPUR: Sunway Merica, the 3-storey semi detached residential units developed in Sungai Ara by Sunway City (Penang) Sdn Bhd, is now open for registration.
The developer is a wholly-owned subsidiary of Sunway City Bhd (SunCity).
Easing Vietnam housing crunch to cost RM348.93b
HANOI: Vietnam needs more than 2.2 trillion Vietnam dong (RM348.93 billion) in the next five years to develop housing, Vietnam News Agency cited a report recently released by Ministry of Construction.
Ministry experts came up with the figure by assigning 21.5 square metres of floor space per capita.
