The developer of the 151-acre Kota Seriemas Golf and Country Club (KSGCC) in the Kota Seriemas township in Nilai, PNB Development Sdn Bhd (PNBD) sees the value of properties in Nilai rising.

Selangor Properties showed an expansion of loss before tax in its property development segment and lower profit before tax in investment holding.

There were more landed projects with CAGR of more than 30% on the mainland than non-landed homes…

The 365-room hotel will be part of the anticipated integrated destination resort, Desaru Coast that will encompass entertainment, restaurants, shopping, a waterpark and a 45-hole golf course, among other leisure offerings.

“The state government needs to preserve the living heritage and ensure they do not leave just because they cannot afford to pay the rentals.”

According to the Knight Frank’s Skyscraper Index, Hong Kong continues to tower above the rest of the global cities, costing tenants over US$278.50 (RM1,151.30) psf annually while Kuala Lumpur’s skyscrapers are one of the cheapest, with an average rental of US$34.16 psf annually.

Other proposals forwarded by property developers to help first-time homebuyers include higher loan-to-value ratios and reinstatement of the developer’s interest bearing scheme.

The Novotel Melbourne acquisition lowers FHT’s exposure to the post Brexit UK market as well as the declining Singapore market.

Wholly owned subsidiary CapitaLand (Vietnam) Holdings will hold a 100% stake in the 0.5ha site which is expected to offer 302 units across two towers: A 17-storey residential tower and a 22-storey serviced residence tower.

Analysts said state-controlled UEM Sunrise was also in the spotlight, ahead of the country's Budget 2017 announcement this Oct 21.