KUALA LUMPUR: Sunway Bhd has acquired four parcels of land totalling 24.46 acres (9.82ha) in Penang island with its winning bid of RM267.4 million or RM251 per sq ft.

KUALA LUMPUR: Berjaya Assets Bhd (BAssets) yesterday disclosed that it had sold a 20% stake in Berjaya Times Square Sdn Bhd (BTSSB) to the Sultan of Johor at a discount of 37% to the net asset value (NAV) of the building as at June 30, 2013.

SINGAPORE: Singapore’s home sales rose 13% in November from a year ago, as developers marketed new projects, ending four months of declines that followed loan measures to curb property prices.

KUALA LUMPUR: A new high-rise building project on the Kuala Lumpur side of Bukit Gasing has drawn the ire of elected representatives and residents in the area, highlighting the lack of foresight by City Hall to effectively manage hillslopes and green lungs.

KUALA LUMPUR: A company owned by an executive with links to former Metroplex Bhd’s major shareholders has taken control of some 100 acres (40.46ha) of land at the foot of Genting Highlands after a controversial court convened meeting of scheme creditors last Friday.

SINGAPORE: Singapore-listed Albedo Ltd has agreed to buy an additional six parcels of land from a company majority owned by Malaysian tycoon Tan Sri Danny Tan in a move that will increase the size of the reverse takeover (RTO) deal by more than twofold from S$774 million (RM1.99 billion) to S$1.86 billion.

AFTER rapid gains, some of the hottest housing markets in the United States look like they are starting to roll over.

I WANTED to build iconic buildings,” Danny Koek Tiang Kung, executive chairman and group managing director of DK Group, tells City & Country in a recent interview.

SELAYANG is a mature township that is very different from the likes of Subang Jaya, Puchong and Kajang. Located a mere 15 to 20 minutes from the KL city centre, it is hard to believe how tranquil the area is. Fringing the green belt of the Forest Research Institute of Malaysia (FRIM), development here is dispersed and housing is carved out according to the slopes of the hills.

PETALING JAYA: The CBRE Student Housing Index reports that regional towns in the UK have shown an average rental growth of 3.51% for 2012/13, while London is still seeing a rental growth of 20% for its third consecutive year.