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Property sector to benefit

THE proposed KL-Singapore high-speed rail (HSR) project will profit Malaysia’s economy and property sector with the rental market expected to be the biggest beneficiary, said Kumar Tharmalingam, executive director of Sunway Bhd, during the panel discussion on "The impact of the KL-Singapore high-speed rail" at The Edge Investment Forum on Real Estate 2013 on May 11.Anticipating improvements in

More sustainable designs in Vietnam

IN the past, Vietnam's property market offered mainly shop houses in the urban centres. Today, new products are gradually coming into the market and Vietnamese architect Vo Trong Nghia hopes to introduce more sustainable designs into the country. Vo, 37, studied architecture at the University of Tokyo and Nagoya Institute of Technology. He returned to Vietnam to start his own company in 2006.

Loan growth to continue in 2H

KUALA LUMPUR: Loan growth for April stayed relatively stable at 10.5%, with analysts expecting it to pick up in the second half (2H) of this year due to a better business environment post-general election.

In a note yesterday, CIMB Research said it is projecting a loan growth of 11% to 12% for this year.

Tan sells 2.2% of Tropicana to EPF

KUALA LUMPUR: Tan Sri Danny Tan, the founder of Tropicana Corp Bhd (TCB), has sold 2.2% (18.98 million shares) in the property development firm to the Employees Provident Fund (EPF).

Filings with Bursa Malaysia yesterday indicated that Tan had disposed of the shares to a government-linked institutional investor at an undisclosed price.

'Wait and see’ in Iskandar

KUALA LUMPUR: Property market hot zone Iskandar Malaysia may witness a “wait and see” attitude among investors in the next few months while they await the Johor government’s announcement on the “higher taxes” to be imposed on foreign-owned properties in the state, real estate experts said.

Impact of the KL-Singapore high-speed rail

BEFORE commercial airlines, trains were the preferred mode of transport for long-distance travel. Over the years, man's endless pursuit of speed has seen the advancement of railway technology, enabling us to travel faster across great distances.Today, high-speed trains zoom across cities and countries at breakneck speeds of more than 300kph.

Financial institutions positive on HSR’s potential

THE proposed KL-Singapore high-speed rail (HSR) will create new business and employment opportunities across various industries before, during and after the project is completed."Financial institutions are very positive on the potential of the HSR and are confident it will attract foreign investors," said Nor Azam M Taib, senior vice-president of corporate business at Malaysia Building Society

PAM to hone local architects’ competitive edge

KUALA LUMPUR: A key goal of the Malaysian Institute of Architects (PAM) for the next one year is to help local architects be more competitive through training and adoption of the new building information modelling (BIM) software.

Mitraland to launch Vina Versatile Homes

KUALA LUMPUR: More than half of Mitraland Group’s latest condominium project Vina Versatile Homes @ Cheras will be green and landscaped spaces.The project, which is expected to be launched on June 8, will be built on a 7.5- acre (3.03ha) freehold residential site in Jalan Seri Taming in Cheras, Kuala Lumpur. It has a gross development value (GDV) of about RM300 million.