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#Exclusive* The Jalan Kia Peng lure

KUALA LUMPUR: Jalan Kia Peng in Kuala Lumpur city centre is creating a buzz – two prime tracts of land are reported to be up for sale within two weeks. Last week, theedgeproperty.com reported that a 0.75-acre tract along Jalan Kia Peng was up for sale, with an asking price of between RM2,100 and RM2,200 psf.

Datuk Marjana Dasmi appointed first chairman of Sarawak Housebuyers Claims Tribunal

KUCHING: The Sarawak Housebuyers Claims Tribunal is expected to start operations in July following the appointment of woman lawyer

Datuk Marjana Dasmi as its chairman, effective May 18.

State Housing and Development Minister Datuk Abang Johari Tun Openg said the timeframe to settle each claim would be determined once the tribunal was operational.

S.Korea April dept store sales growth nearly doubles

SEOUL: Sales growth at South Korea's top three department stores in April almost doubled, government data showed on Tuesday, adding to evidence of a sustained recovery in Asia's fourth-largest economy.

I-Bhd's first quarter pre-tax loss eases

KUALA LUMPUR: I-Bhd's pre-tax loss for its first quarter ended March 31, 2010 fell to RM1.45
million from RM1.681 million in the same quarter last year. Revenue fell to RM819,000 from RM1.467 million previously.

UK commercial property value growth slowed in April

LONDON: British commercial property values rose 0.8 percent in April, half the growth rate in March as the market's run-up in prices lost momentum, the Investment Property Databank (IPD) said on Monday, May 17.