KUALA LUMPUR: Australian property developer Crown Group achieved total sales of A$173.1 million (RM501.6 million) or 95% of its 220-unit Sydney by Crown apartments during its same-day local and overseas sales launch on Nov 22.

The success of the launch reflects the growing demand for high-end properties in Sydney, said Crown Group chief executive officer Iwan Sunito.

KUALA LUMPUR: UK property developer Berkeley Homes has brought its Waterfront I development in London to Malaysia. Its marketing agent, Knight Frank Malaysia, has been showcasing the development on a private appointment basis starting Monday.

LONDON: British Finance Minister George Osborne on Wednesday said he will cut a tax on nearly all property purchases, removing a long-standing grievance of homebuyers five months before an election.

KUALA LUMPUR: Magna Prima Bhd is postponing its RM1.8 billion mixed development called Iconic Towers on the Lai Meng school land on Jalan Ampang here by a year to make way for two other upcoming projects, said its chief executive officer Datuk Rahadian Mahmud Mohammad Khalil.

KUALA LUMPUR (Dec 3): RHB Research is keeping its rating on the Malaysian property sector under review and said the latest quarterly results for the property sector were mostly within expectations compared to the last quarter.

KOTA KINABALU: Homesign Network Sdn Bhd will launch a mixed-use development called Skycity in Karamunsing here in the second quarter of next year.

KUALA LUMPUR (Dec 2): Residents of Country Heights Damansara here are attempting to dash a plan to build two blocks of 41-storey condominiums approved by the Kuala Lumpur City Hall (DBKL) - a decision they deemed to be “arbitrary, illegal and irrational.”

KUALA LUMPUR: The eight-acre (3.2ha) piece of land that belongs to the French embassy in Jalan Ampang here will be sold via an exclusive tender by CB Richard Ellis (CBRE) Malaysia next week, its associate director Nabeel Hussain told The Edge Financial Daily yesterday.

SINGAPORE: International real estate firm JLL has acquired Malaysian property advisory firm Henry Butcher’s international residential project sales business, JLL said in a statement today.

PUTRAJAYA: Battersea Project Holding Co Ltd (BPHC) showcased the design here for the proposed “Malaysia Square” in the £8 billion (RM43.19 billion) Battersea Power Station (BPS) project in London yesterday.

The design was unveiled by Prime Minister Datuk Seri Najib Razak and the Mayor of London, Boris Johnson, who was on an official visit to Kuala Lumpur.