KUALA LUMPUR: The Asia Pacific Land (AP Land) project on the island of Hokkaido, SHIKI Niseko is under construction and moving according to schedule, stated Paul Kaye, officer manager of LJ Hooker Niseko.

KUALA LUMPUR: Bintai Kinden Corporation Bhd has proposed to sell four 3-storey shop-offices in Sentul Perdana, Bandar Baru Sentul for RM6.4 million cash.

The group had entered into four separate sale and purchase agreements (SPA) with four purchasers on Monday, July 10, it announced to Bursa Malaysia on Monday.

PANGKOR: Best Western International,the world's largest hotel chain, has opened its newest property in Malaysia.

The Best Western Marina Island Resort Pangkor on Pangkor Island, Perak boasts 170 luxurious hotel apartments.

KUALA LUMPUR: Eastern & Oriental Bhd (E&O) has proposed to dispose of a property on Penang Island that will result in a gain of RM66.26 million for the group.

UEM Land Holdings Bhd (July 11, RM2.74)

KUALA LUMPUR: Dijaya Corp Bhd seems to be attracting more attention as investors start to appreciate its low price-to-book valuations and aggressive strategies to ride the current property upcycle.

KUALA LUMPUR: Many Malaysian-based property developers are now increasingly spreading their wings to developed economies after an earlier adventure to developing countries such as Vietnam did not pan out well.

WELLINGTON: New Zealand's housing market remained mixed in June, with some improvement in the country's biggest city, but largely soft elsewhere, government property valuer Quotable Value (QV) said on Monday, July 11.

QV's residential house price index fell 0.9% in the year to June, after a 1.6% decline in the year to May.

SHANGHAI/BEIJING: Fighting inflation remains the top priority for the Chinese government and Beijing will maintain its current economic poicy, Premier Wen Jiabao said in comments published on Monday, July 11, reinforcing the case for further policy tightening.

Wen's comments followed official data last Saturday that showed annual inflation in June hit a three-year high of 6.4%.

The oft-asked question — where exactly is the centre of Petaling Jaya? — stems from the fact that properties located closer to the town centre usually command higher values and returns. The chief reason buyers are attracted to such developments are, of course, the easy access to amenities.