Urban regeneration organisation Think City has embarked on a pilot project to promote the creation of rooftop and vertical gardens in KL city.

Mah Sing Group Bhd has acquired a 3.56-acre freehold land in Titiwangsa, Kuala Lumpur.

Shares in Malton Bhd, the property developer controlled by tycoon Tan Sri Desmond Lim Siew Choon, fell as much as 6.2% or 11 sen to RM1.67, after the counter hit an all-time high yesterday.

Gamuda Land, the property arm of Gamuda Bhd is planning to launch the first block of apartments in the Emerald Precinct at its township development Celadon City in Ho Chi Minh City by mid-June.

Mah Sing Group Bhd’s The Loft @ Southbay in Bayan Lepas, Penang is on track for completion by the end of this year.

Shares in Iskandar Waterfront City Bhd (IWCity) rose in active trade this morning after Minister in the Prime Minister's Department Datuk Seri Abdul Rahman Dahlan said IWH CREC Sdn Bhd is allowed to bid for the Bandar Malaysia real estate project again as long as the offer is right for the Malaysian government.

Malaysian property developers have not been receptive to the Construction Industry Development Board's (CIDB) quality assessment system in construction (QLASSIC) certification as many are applying for Singapore's CONQUAS certification.

At 5pm yesterday, Malton shares gained 24 sen or 15.58%. Earlier, it hit an intraday high of RM1.94 at 3.14pm. At market close, the counter was the sixth top gainer on Bursa Malaysia.

IWCity said there is no unannounced corporate development, rumour, report or any other possible explanation to account for the unusual trading of its shares.

S P Setia Bhd has launched its Citizen Setia Facebook page which aims to connect the property developer with its purchasers and "fans" on the most popular social media platform in Malaysia.