The National Housing Department will be cracking down on fraudulent or misuse of Public Housing Programme (PPR) tenancy nationwide soon, with the cooperation of local authorities, according to director-general Datuk Mohamad Yusoff Ghazali.

Spanning over 1,386.05ha with an estimated investment of S$58.3 billion over the next 20 years, Forest City is expected to fuel the economy in the Iskandar region and neighbouring Singapore.

Following new regulations on foreign ownership of properties in Vietnam, S P Setia Bhd will be opening the sales of its upcoming Sky Residences in EcoXuan Lai Thieu, Vietnam to Malaysian investors.

The group, however, remains tight-lipped on the details of upcoming projects.

Thai developer Sansiri PCL will launch its condominium project The Base Park East this weekend in Bandar Utama.

“We are beginning to see more auctioned properties in Johor and the number is gradually increasing,” said KGV International Property Consultants (M) Sdn Bhd director Samuel Tan.

EcoFirst attributed its stellar performance to its Upper East @ Tiger Lane luxury condominium project in Ipoh, Perak, which contributed 75% of the group's revenue, as well as consistent recurring earnings from its two malls — South City Plaza in Sri Kembangan, Selangor, and 1Segamat Mall, Johor.

Menteri Besar Datuk Seri Mohamad Hasan said the project had been delayed due to a land acquisition issue which had been resolved.

Sold for: RM3.6 million or RM880psf; Concluded by: Freeman Woo Chee Meng of MIP Properties (012-656 7617); When: January 2016

According to Knight Frank’s report, there are currently 92.5 million sq ft of office space in the Klang Valley. However, 65% of the supply are Grade B and C offices, which have lower occupancy rates and rental growth.