First World Hotel at the Genting Highlands integrated resort near Kuala Lumpur has been named the world's largest hotel once again by the Guinness World Records.

In the session entitled: "Perspective and aspirations of younger property market leaders" at 18th National Housing & Property Summit today, Eupe Corporation Bhd's group managing director Datuk Beh Huck Lee said the traditional model of construction needs to change.

After 11 years in Jalan Ampang, one of the federal capital's popular nightspots, Zouk KL, last night unveiled its new home in TREC lifestyle nexus.

The defunct One Bangsar in Jalan Ara, Kuala Lumpur, could be revived as a low-density commercial development.

The Enclave offers 33 units of semi-detached houses and bungalows in seven designs, with built-up area ranging from 383.6sq m to 606.7sq m.

Urban Wellbeing, Housing & Local Government minister Datuk Abdul Rahman Dahlan said the functions of this unit is to understand the needs and challenges of developers, and hence providing solutions to issues faced by developers.

 In less than 24 hours, 21 finalists will meet at the grand finale of The Edge-Mah Sing Millionaire Contest!

The group is also proposing an interim dividend comprising a cash dividend of one sen per ordinary share, and a share dividend via a distribution of treasury shares on the basis of one treasury share for every 100 ordinary shares held, with fractions of treasury shares to be disregarded.

YTL Corp attributed the decline in quarterly net profit to lower contributions from information technology and e-commerce-related business, cement manufacturing and trading, property investment and development, hotels and utilities.

Eco Sky will come up on a 9.6-acre freehold tract in Taman Wahyu, Jalan Ipoh in Kuala Lumpur and has a gross development value (GDV) of RM974 million.