TOKYO: Mapletree Investments, a real estate firm wholly owned by Singapore state investor Temasek Holdings, said it plans to launch an around ¥80 billion (RM2.97 billion) Japan property fund this year in a bid to expand in the country's property sector ahead of its rivals.

Jalan Ampang in Kuala Lumpur boasts several landmark buildings housing medical and health-and-wellness related services, among them Gleneagles Hospital and the Ampang Puteri Specialist Hospital. That has given the Al–Hidayah Group, owner of a 4.88-acre commercial tract on the thoroughfare a brainwave — to complement the health-related facilities found within 3km of the plot.

The values of landed properties in the Klang Valley will continue to grow strongly while those of high-rises will remain steady, says Allan Soo, managing director of CB Richard Ellis (Malaysia).

Bukit Jelutong in Shah Alam will soon have a world-class development. Five award-winning international architectural firms have answered the call for design proposals for a 21-acre mixed development jointly undertaken by Sime Darby Bhd and Sunrise Bhd.The project is part of the 180-acre Bukit Jelutong Commercial Centre.

Berjaya Land recently launched its latest commercial project, a 46-storey green office tower in Kuala Lumpur's Golden Triangle.

Bluwater Estate, a 247-acre green township development by Bluwater Development Bhd, is gradually taking shape in Seri Kembangan, Kuala Lumpur.

While the rest of the country was facing a slowd

Driving up the winding road to the tourist belt of Batu Ferringhi in Penang, it’s hard to miss the grand homes being built atop a nearby hill.

Penang, with its sun, sea and sand, is not only a magnet for tourists and holidaymakers, but also a favourite with developers as demand increases for property there.