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#Special Focus* The cost of going green

GOING green is such a hot topic nowadays. While the issue has been debated, discussed and dissected to death, the man in the street has yet to fully embrace the green home movement.The problem is not the lack of information. Ironically, end users often find themselves bombarded with too much information and too many technical jargon.

Luxury house prices in key cities grow in second quarter

KUALA LUMPUR: Prime property prices have increased on an average of 2.4% in the second quarter of 2013, according to the latest Knight Frank Prime Global Cities Index. The price growth is led by Jakarta, which recorded a 27.2% increase — the strongest growth for the third consecutive quarter.

Tanco engages Impiana to manage Splash Park Suites

KUALA LUMPUR: Tanco Holdings Bhd has engaged Impiana Hotels and Resorts Management Sdn Bhd to manage and operate Splash Park Suites — its first resort in Port Dickson, Negeri Sembilan.Splash Park Suites is the resort component of a proposed mixed commercial development called Splash Park, located within Tanco's Palm Springs Resort City in Port Dickson.

City & Country: Values of commercial bungalows rising

IF you drove around the older sections of Petaling Jaya in Selangor, you will not fail to notice the rows of eye-catching commercial bungalows along the thoroughfares. Such properties can also be spotted in popular Kuala Lumpur suburb Bangsar and in its vicinity.

Sun Hung Kai wins bid for Shanghai city centre site with record price

HONG KONG: Sun Hung Kai Properties, Hong Kong’s biggest developer by market value, won a prime commercial site in Xujiahuai, a shopping and entertainment area in Shanghai, for 21.7 billion yuan (RM11.7 billion), making it the most expensive site in China in terms of value.

Rain roof project wins PAM architectural award

KUALA LUMPUR: The talents of budding architects were recognised by the Malaysian Institute of Architects (PAM) at the PAM-Tan Sri Ar Chan Sau Lai Architecture Award presentation recently. Chua Yheu Shen from the Architectural Association School of Architecture in the UK was named the winner for his KL rain roof project.

‘Higher RPGT does not work’

KUALA LUMPUR: Imposing higher real property gains tax (RPGT) will not be effective in arresting rising property prices, say industry players.Urban Wellbeing, Housing and Local Government Minister Datuk Abdul Rahman Dahlan said on Tuesday that his ministry is studying the imposition of a higher RPGT next year to stabilise housing prices.Currently, an RPGT of 15% is imposed on properties sold wit

Low-cost housing policy in Selangor to be tabled

SHAH ALAM: The Selangor government will table a draft of its new policy for low-cost homes for the approval of the state executive council (exco) next month, following discussions and feedback from stakeholders.