Carlson Rezidor Hotel Group has signed three new contracts for hotels in the northern, southern and western parts of India.

Some examples of transactions include the sale of Cheuk Nang Plaza in Wan Chai by Cheuk Nang (Holdings) Ltd to ITC Properties Group Ltd for HK$790 million or RM431 million (HK$14,203 psf) and the sale of Park Building in Cheung Sha Wan by a local investor to HKR International and Hanison Construction Holdings Ltd for HK$998 million (HK$6,869 sq ft).

The 314 units of apartments have built-ups ranging from 926 to 1,268 sq ft, and come with two parking bays. Prices range from RM291,800 to RM614,800.

The launch of the registration — which will stay open until all units have been sold — took place at the Setia City Convention Centre on Saturday and was officiated by Selangor Menteri Besar Azmin Ali.

Revenue for 1QFY15, however, declined 46.9% to RM68.89 million from RM129.74 million for 1QFY14, the property developer’s filing with Bursa Malaysia showed yesterday.

Property prices in Kuala Lumpur, Penang and Johor have outstripped the national median housing price of RM242,000, which is already considered "seriously unaffordable" at 4.4 times the national median annual household income of RM55,020.

Sime Darby Property Bhd bagged the gold award for the the property development category at the sixth Putra Brand Awards 2015

Winner Tan had bought a unit in Sunway Geo Residences 2 in Sunway South Quay, Selangor.

"There is a strong need to reform the supply side and to enhance its capacity to develop a sustainable and responsive housing sector."

Over 6,000 consumers were surveyed to rank their favourite brands in 24 categories.