KUALA LUMPUR (June 11): Property developer Daiman Development Bhd has acquired two parcels of freehold land in Tebrau, Johor Bahru for RM64.46 million, it announced to  Bursa Malaysia on Monday. The group, via its unit Daiman Impian Sdn Bhd, had entered into a sale and purchase agreement with Johor Land Bhd for the two parcels that measure 85.85 acres and 93.64 acres each.

PETALING JAYA (June 11): Property prices in Malaysia increased, albeit at a slower pace in 4Q11 from previous quarters, according to data on Bank Negara Malaysia's (BNM) website.

In 4Q11, the Malaysian House Price Index grew 6.6% compared with a 9.9% increase in 3Q11, and in contrast to gains of 10.6% in 2Q and 9% in 1Q.

After nearly three decades as a developer, Belleview Group managing director Datuk Sonny Ho has not lost any of his passion for the property industry.

For developer Hua Yang Bhd, the goal is to put itself in a “leadership position in affordable housing”.  And going by its recent sales figures, the Bursa Malaysia-listed developer should have few problems — it has sold some RM835 million worth of properties from five of its ongoing projects which has a total

UOA Development Bhd’s COO David Khor did not allow his bout of fever to dampen his excitement about the group’s latest milestone — its venture into the hospitality sector  hand in hand with Singapore-based Frasers Hospitality Pte Ltd.

Bangladesh, designated as a least developed nation by the UN in 1975 with estimated gross national product (GNP) per capita at US$210, has surprised investors all around the world.

KUALA LUMPUR: The massive flooding experienced by Thailand last year has proven the country’s resilience. This is evident in the capital Bangkok’s property market, which is gaining traction after the deluge. A BBC report estimated damage of 1.4 trillion baht (RM140 billion), making it one of the costliest disasters in human history.

SINGAPORE: CapitaLand Ltd’s Gurney Plaza mall in Penang has been awarded the Green Mark Gold by the Singapore Building and Construction Authority (BCA).It is the first overseas Green Mark Gold for Singapore-based CapitaLand and one of the first malls in Malaysia to be awarded the green building rating by the BCA.

KUALA LUMPUR: Bandar Raya Developments Bhd (BRDB) has put up for sale five designer-furnished units at its award-winning The Troika, a luxury serviced apartment project located near the Kuala Lumpur City Centre (KLCC) area. Dubbed The Cosmopolitan Series, the luxuriously furnished homes will showcase the work of five notable interior designers.

PETALING JAYA:  Swedish home furnishing company IKEA Malaysia has opened a new play club, called småles Club, for children aged four to 10 years old. Launched on May 19, members of the club will become citizens of a fictitious “Quingdom” called Småland.