THE Johor Baru residential market continues to heat up in 2Q2013. In the secondary market, the Nusajaya/Skudai areas (within Flagship B and E of Iskandar Malaysia) lead the way in terms of highest appreciation quarter on quarter, followed by Tebrau/Kempas.

PROPERTY investors are looking for the next best thing to invest in. However, not many know the trend these days is buildings with sustainable green features. Many would say the cost of green-rated buildings is high, but what they fail to take into consideration is the long-term cost savings, which more than compensates for the initial payment for these properties.

KUALA LUMPUR: KIP Group plans to build three 3-star hotels in the next four years as part of its foray into the hospitality business.

The hotels will be located on a 0.4-acre site within Taman Wahyu in Selayang, its KIP Sentral mixed-use development in Sepang, and Melaka.

KUALA LUMPUR: Hua Yang Bhd expects to continue selling affordable houses — priced less than RM500,000 — as its core strategy to double its revenue to RM800 million in five years.

For the financial year ended March 31, 2013 (FY13), it posted a net profit of RM70.47 million or 36.58 sen per share on the back of RM408.67 million revenue.

KUALA LUMPUR: Real estate investment trusts (REITs), the darling of risk-averse investors a year ago, are losing their lustre as investors switch to government debt papers, the Malaysian Government Securities (MGS).

AFFORDABLE housing is a hot issue now, with the federal government striving to deliver one million such homes in the next five years, as it had promised in its general election manifesto.However, hurdles remain, especially within Kuala Lumpur city and popular nearby suburbs.While it is important to ensure the middle and low-income groups too are able to live close to their workplaces — to reduc

FOLLOWING in your father's footsteps is never an easy task. But Ahmad Khalif Mustapha Kamal, son of MK Land Bhd chairman Tan Sri Mustapha Kamal Abu Bakar, takes it all in his stride."My father has achieved a lot and I felt that he has left me a path so that I can take [the business] to the next level," Ahmad Khalif says.

KUALA LUMPUR: The number of construction projects in the second quarter of 2013 (2Q13) grew to 9,392 from 8,719 quarter-on-quarter (q-o-q), according to the Department of Statistics in its latest quarterly construction statistics report.Year-on-year (y-o-y), the construction sector saw an increase of 7.7% in the number of projects, with values increasing to RM22.7 billion in 2Q13, from RM20.6 b