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Scientex maintains focus on affordable housing

KULAI (Johor): Main-board listed Scientex Bhd will continue to focus on the affordable housing segment to expand its property business in Johor. It will offer a wider range of affordable houses and commercial properties to cater to demand, said Scientex Berhad managing director Lim Peng Jin on May 15. "Various development plans are in the pipeline and will be executed at the right time.

Colliers: Act before the market takes off again

KUALA LUMPUR: The Asia Pacific real estate investment market continues to contract further in the face of global financial turmoil, says Colliers International. In the quarterly update of the Asia Pacific real estate investment market, it reported total value of investment sales transactions in Greater China fell by 67% and South Asia plunged 84% in 1Q 2009 compared with 3Q 2008.

Resolving KL’s traffic woes

The urban traffic problems in Kuala Lumpur city are rather complex, caused not only by a poor public transport system/operation but also factors such as inadequate road junction capacity, road network inefficiency, road users’ attitude/habits, imbalance of land use development and transport infrastructure development.

New lifestyle experience for Sibu Jaya

About 1km from the Sibu Airport in Sarawak, is the 1,400-acre Sibu Jaya township. Visitors can get to Sibu Jaya via the Pan-Borneo highway, which also links Sibu to Kuching and Miri. Upon entering Sibu Jaya, you see conventional walk-up shophouses as well as industrial lots.

Pavilion Residences 1 units go on sale

While the finishing touches are being put to the two-tower Pavilion Residences, the owner of one of these towers is getting ready to sell the luxury condo units in what is described as a “depressed market”.IMMO Pavilion, a German investment services group that acquired Tower 1 en bloc in 1H2008, believes it is the right time to sell as it sees confidence returning to the market.

Release Bukit Antarabangsa report

Silence, some would contend, is golden. To others, silence is synonymous with consent. Whatever the case, the reticence about the risk assessment report on the tragic landslide that occurred on Dec 6 last year in Bukit Antarabangsa is unacceptable and an embarrassment to the government.Five months have passed since that fateful day when the world of the victims came crashing down.

Small but delightful

  The Silver winner in the condominium category for the haven/The Edge My Dream Home 2008 was a modest-sized but captivating 1,100 sq ft condominium in Jalan Dutamas, Kuala Lumpur. Its concept, colour scheme and design, together with fittings and furnishings, blend seamlessly within the space. Black was chosen for a “retro, modern contemporary style”.

Trust in property

Azuan Arif Ariffin seems to have a perpetual smile as he looks out the window from his large executive room at the top floor of Wisma Prowara, located off Jalan Melaka in downtown Kuala Lumpur. At 34, he oversees more than RM9 billion worth of property projects in Malaysia for the government-linked AmanahRaya Group.