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New home pricing benchmark in Mont’Kiara

SHANGHAI: A new home pricing benchmark has been set in the exclusive Kuala Lumpur enclave of Mont'Kiara: the fourth and final block of Bukit Kiara Properties' Verve Suites, which is being snapped up at prices of up to RM1,580 psf.

Construction cost among key challenges of going green

KUALA LUMPUR: Over a year after the launch of Green Building Index (GBI), one of the key challenges of adopting green technology remains the cost of construction, said Boon Che Wee, president of Malaysian Institute of Architects (PAM).

Residential transaction volume drops in China due to tightening policy

KUALA LUMPUR: The impact of previously announced tightening policies in China are beginning to emerge with the residential transaction volume falling sharply in June as prices began to ease.

According to a statement by Colliers International on June 30, land prices in some districts remained firm although the land sales market was not active.

Hong Kong residential market to pick up in 2H2010

PETALING JAYA: The hold back in the primary sales market in Hong Kong will result in an overall slowdown in residential sales volume in the short run, according to Colliers International (Hong Kong) Ltd's latest residential snapshot report.

Kenanga Wholesale City secures 50% tenancy for leased units

KUALA LUMPUR: Kenanga Wholesale City in Jalan Kenanga, Kuala Lumpur, has secured more than 50% tenancy for its 400 retail units available for lease, according to the developer Kenanga Wholesale City Sdn Bhd on Thursday, July 1.

The fashion mall is scheduled to open in mid-2011.

Best Western International continues growth in Asia and the Middle East

KUALA LUMPUR: Best Western International, the world's largest Hotel Chain® - is enjoying continued and solid growth in Europe and Asia, where it continues to add new hotels and resorts in an expanding portfolio that boasts over 4,000 properties in more than 80 countries and territories worldwide.