SYDNEY: Crown International Holdings Group Ltd’s award-winning development, the 301-303 Botany Road Zetland at Sydney’s new Green Square precinct in Zetland, will be Sydney’s new landmark. The 20-storey development was designed by Koichi Takada Architects and is situated in the heart of Green Square, which is part of an A$8 billion (RM24 billion) redevelopment project.

KUALA LUMPUR: Known for its starring role in 2010’s award-winning film The King’s Speech, 33 Portland Place is being sold for an expected £25 million (RM132 million) to £30 million despite not having an exact price guide. The sale, conducted by Knight Frank LLP, will be through legal tenders by Sept 16, 2014.

KUALA LUMPUR: Alzac Viva Sdn Bhd has to date sold about 70% of the units of its first residential development, Riverville Residences, which was officially launched in mid-July. The condominium, located in the Old Klang Road area, sits on 4.73 acres (1.9ha) of freehold land.

KUALA LUMPUR: Magna Prima Bhd raised eyebrows on Monday when it proposed the issuance of 40 million new redeemable convertible preference shares (RCPS) in Magna Prima to Lembaga Tabung Angkatan Tentera (LTAT), in which some have regarded as overly favourable terms.

KUALA LUMPUR: Malaysian Resources Corp Bhd (MRCB), which in July this year won the bid to develop the RM8 billion MX-1 project, will spend RM816.6 million for a 70% stake in a special purpose vehicle (SPV) company known as Kwasa Development (2) Sdn Bhd, tasked to undertake the project.

JAMES HEE, a property agent who lives with his family of four in a government-built flat he owns in Singapore, was eyeing a condo for about S$1.5 million (RM3.82 million) earlier this year. Then Hee discovered that he wouldn’t qualify for a mortgage after the government restricted lending.

KUALA LUMPUR: Bertam Alliance Bhd is acquiring a 2.75-acre (1.11ha) parcel of land in Taman Luyang in Kota Kinabalu, Sabah for RM41.5 million.

A MASS RAPID TRANSIT (MRT) line always raises the value of nearby properties and since the government announced that Line 2 will run from Sungai Buloh to Putrajaya, real estate executives have gone into overdrive, guessing the alignment as well as where the stations are likely to be located.