Foreign investors are increasingly focusing on the Vietnam property market because of its long-term investment potential and the
country's drastic revamping of its policies, reports the Vietnam News Agency.

The construction arm of Sunway Group was relisted on Bursa Malaysia on July 28, after it was privatised 11 years ago.

Seremban (MPS) and Nilai Municipal Councils (MPN) are in principal ready to become a city but merging the two authorities will need further study, according to president for both councils Datuk Abd Halim Abd Latif.

Sub-sales of property, particularly in Klang Valley, have dropped by 20%, revealed director of Vivahomes Realty, Alvin Foo, at a briefing by theedgeproperty.com yesterday.

Damai Citra is the last phase of the landed development in Alam Damai. There are a total of 68 units in this gated community.

Based on preliminary plans, the project comprises 175 units of 3/5 shoplots, according to BCB’s filing on Bursa Malaysia today.

The project will have a mix of residential and commercial development comprising a retail mall, an entertainment block, strata offices, office towers, a hotel and serviced residences.

According to an announcement with Bursa Malaysia yesterday, Selangor Properties said it has completed the disposal of a parcel of freehold land, measuring 25,686 sq m, in lot 56495, Kuala Lumpur.

According to David Kong, president and CEO Best Western Hotels & Resorts, the company has looked into the segmentation of boutique hotels and realised that there are needs for boutique products in the broad midscale segment, and GLō has the potential to fill the market space.