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Link between colour trends and economy

KUALA LUMPUR: A study by AkzoNobel, the world's largest paint and coatings company, on colour trends during economic changes, showed a co-relation between the state of the economy with colour trends.

MAPEX 2009 to "Go Green"

KUALA LUMPUR: The Real Estate and Housing Developers' Association Malaysia (Rehda) with Rehda Wilayah Persekutuan (KL) and Selangor is organizing its second Klang Valley Mapex 2009 (Mapex 2009) property exhibition with the theme, "Go Green" from July 31 to Aug 2, 2009.

HK's property market sees good sales, low rental values

KUALA LUMPUR: The Hong Kong property market is being pulled into two directions. On one hand, sales are rising but leases are on a downward trend. According to Colliers International Hong Kong 2Q 2009 property report, the general market mood is still conservative but investors are snapping up properties to ensure they are in good position to reap the benefits when the global economy recovers.

CapitaLand posts 2Q losses, 2H outlook uncertain

KUALA LUMPUR: Singapore's CapitaLand Ltd, posted losses of S$156.9 million in its second quarter due to the unprecedented global economic crisis and writedowns, and it expected the second half of this year to remain uncertain.In a statement posted on its website on July 30, it said that it achieved profit after tax and minority interests (PATMI) of S$124.0 million in 2Q2009 (excluding revaluati

Cautious consumer spending weighs on Klang Valley retail market

KUALA LUMPUR: The retail market in the Klang Valley is expected to remain weak due to cautious consumer spending, even though there was a slight recovery in the previous quarter, according to DTZ Nawawi Tie Leung Property Consultants Sdn Bhd (DTZ Malaysia).In its quarterly property research report, DTZ Property Times 2Q2009, it said although the consumer sentiments index (CSI) in 1Q2009 showed

Naza TTDI unveils The Valley

PETALING JAYA: Naza TTDI Sdn Bhd, the property arm of Naza Group, has unveiled its latest development, The Valley TTDI in Ampang, Selangor.Incorporating Feng Shui elements and surrounded on three sides by a forest reserve, the project spans over 35.5 acres.

Recent stock market rally boosts residential buyers' confidence

KUALA LUMPUR: Buyers' interest in Kuala Lumpur residential property has started returning in the second quarter of this year, particularly towards the later part of the quarter, according to DTZ Nawawi Tie Leung Property Consultants Sdn Bhd.In its DTZ Property Times 2Q2009 report, the research report showed buyers' confidence within the residential property market was buoyed by the recent stock

City & Country: Green reward

Developer-cum-contractor Ken Holdings was not aiming for any award when it started rehabilitating an abandoned office tower in Bukit Bandaraya, Bangsar. But the effort it put into designing Ken Bangsar paid off when it won the coveted Green Mark GoldPLUS Award (final certificate) from Singapore's Building and Construction Authority.

City & Country: A model of carbon neutrality

The Pixel Building in Melbourne, Australia, is being hailed as a prototype of the “office of the future”, designed to tackle head-on the issue of carbon footprint. The 4-storey, 10,763 sq ft “carbon neutral” building is a A$6 million (RM17.3 million) project by Grocon, an Australian construction company. The Pixel Building is the first of its kind in the country.