KUALA LUMPUR: Bintai Kinden Corp Bhd (BKCB) has clinched subcontracts worth S$68.8 million (RM176 million) from Singaporean firm Greatearth Construction Pte Ltd. One subcontract involves a proposed construction of a 19-storey block at the Lee Kong Chian School of Medicine in Mandalay Road in Singapore. The project is valued at S$44.65 million.

MUMBAI: India approved the setting up and listing of real-estate investment trusts as the nation seeks to unlock a US$20 billion (RM64 billion) market.

SINGAPORE: The hotel industry is experiencing some softness this year, in line with the sluggish growth in tourist arrivals, but luxury hotels are bucking the trend and pulling off strong growth, according to the Business Times.

AT a glitzy show stall for a new residential development in Hong Kong, property agents with loudspeakers are promoting the latest trend in the overcrowded city — high-end “micro-flats” which still come with an eye-watering price tag.

LONDON: London remains structurally short of student bedspaces as the battle for development sites is being won by residential developers. This was highlighted in the CB Richard Ellis (CBRE) UK Student Housing Marketview, which stated that there is a resurgence in the residential market.

LONDON: The UK housing market rose 3% in the second quarter of 2014 with London house prices leading with 26%, as stated in CB Richard Ellis (CBRE)’s report “Regional development land: A market in recovery”.

London’s land values are buoyant with strong demand for Zone 1 land and strengthening demand for Zone 2 and 3.

KUALA LUMPUR: Hatten Group Sdn Bhd is venturing into Negeri Sembilan with the launch of a mixed-use development comprising student housing atop a campus-themed mall tomorrow.

KUALA LUMPUR: D’Pristine Medini Sdn Bhd, a fully-owned subsidiary of B&G Capital Resources Bhd, is planning to draw international investors to the remaining 30% of small office flexibile office (SoFo) units of d’Pristine @ Medini after 70% of the 1,265 units have been taken up since its launch in July. Piling works is currently being done on-site.

KOTA KINABALU: Knight Frank Malaysia launched a new office in Kota Kinabalu yesterday. This is the first independent global property consultancy firm to make its presence in the Sabah and Sarawak real estate market.

PETALING JAYA: The Petaling Jaya City Council (MBPJ) has decided to proceed with a public viewing of the amended Petaling Jaya Local Draft Plan amendments (RTPJ1 and RTPJ2) today despite objections from councillors who have questioned the legality of the procedures.