KUALA LUMPUR: Kuala Lumpur ranks seventh in Asia-Pacific and second in Southeast Asia after Singapore in the inaugural Sustainable Cities Index by Arcadis, an Amsterdam-based global natural and built asset design and consultancy firm.

SELANGOR: Glomac Bhd saw high take-ups for its latest launches — Saujana KLIA Phase 1 and 2 in Sepang that was 100% sold, and Cadenza at Lakeside Residences in Puchong, Selangor, with 80% taken up. The developments were launched on Jan 24 and Jan 30, respectively.

PETALING JAYA: The Malaysian Developers Council (MDC) has raised concerns that financing facilities remain a major problem for first-time homebuyers in Malaysia due to a rise in loan rejection rates which has caused Malaysian developers to pull back from their launches.

KUALA LUMPUR: The Employees Provident Fund (EPF) has formed a joint venture (JV) with Australia-based logistic property developer Goodman Group to develop RM1.4 billion worth of logistics assets in Malaysia.

EPF deputy CEO Mohamad Nasir Ab Latif said this was the third collaboration with Goodman after the first partnership in Australia in 2012 and subsequently in Germany in 2013.

KUALA LUMPUR (Feb 12): Singapore Exchange (SGX)-listed Genting Singapore Plc (GENS) launched today, a ground breaking ceremony for its Resorts World Jeju (RWJ) — a US$1.8 billion tourism destination development in Jeju, South Korea.

KUALA LUMPUR (Feb 12): MPHB Capital Bhd saw its net profit for the fourth quarter (4QFY14) ending Dec 31, 2014, increased 24.64% to RM26.15 million or 3.66 sen per share, while revenue climbed 15.67% to RM100.83 million.

KUALA LUMPUR (Feb 12): Penang property developer Tambun Indah Land Bhd saw its net profit for the financial year ended Dec 31, 2014 increased 57.2% to RM102.1 million, from RM65 million previously.

BY THE LOOK of things, Tan Sri Liew Kee Sin, the former chief executive of S P Setia Bhd, may have to relinquish the chairmanship of Battersea Project Holding Co Ltd (BPHCL) before his contract ends in September.

GEORGE TOWN (Feb 12): The country's largest property developer SP Setia Bhd (fundamental: 1.4; valuation: 1.2) is cautious about launching new developments in Malaysia's northern region this year due to the country's economic uncertainties.

KUALA LUMPUR (Feb 12): The government will resume its export duty regime for crude palm oil (CPO) next month, Plantation Industries and Commodities Minister Datuk Seri Amar Douglas Uggah Embas said today.

The export duty rate will be determined on Feb 16.