BANGKOK: Political unrest and an over-supplied US$20 billion (RM65.6 billion) real estate market in Thailand are the latest challenges threatening developers who are cancelling new launches in the hopes of staving off a bubble.

KUALA LUMPUR: UEM Sunrise Bhd managing director (MD) and chief executive officer (CEO) Datuk Wan Abdullah Wan Ibrahim, whose stewardship had led the property development company’s revenue to grow from RM511.65 million in 2008 to RM2.43 billion last year, passed away yesterday after a short illness.

KUALA LUMPUR: The Hershey Co’s RM816 million manufacturing plant in Johor is expected to generate up to 400 jobs for Malaysians in the next two years.

JOHOR BARU: Amid a challenging domestic environment, Tropicana Corp Bhd is courting more foreign investors to take up units in its luxury projects at Iskandar Malaysia, Johor.

KUALA LUMPUR: A design using an intelligent grid system to determine the future (and affordable) needs of a growing family has won the top prize in the PAM-Lafarge Architecture Student Competition 2013.The winning entry was submitted by Choong Wei Li of Limkokwing University of Creative Technology.

KUALA LUMPUR: The government’s proposed measure to impose a four unit limit on bulk sales of property to control the bulk buying of property investor clubs (PICs) may not be effective, say property consultants.

KUALA LUMPUR: GuocoLand (Malaysia) Bhd, the property arm of Hong Leong Group, will launch the latest phase of its boutique bungalows called The Rise, with a gross development value of RM354 million, at its 1,000-acre (405ha) Emerald township in Rawang, Selangor on Saturday.

SINGAPORE: Singapore’s home sales slid in January, marking the slowest start to the year since 2009, as developers sold fewer projects after property curbs crimped demand.

KUALA LUMPUR: In a move to further curb speculative activities in the property market, the government is in talks with property industry stakeholders to stop individuals from buying houses and properties in bulk.