KUALA LUMPUR (Jan 9, 2012): Malaysia’s first Holiday Inn Express is expected to open its doors in 2015, the brand’s operator InterContinental Hotels Group (IHG) announced in a statement on Monday, Jan 9.

PETALING JAYA (Jan 9): The local property sector can be the catalyst to propel Malaysia into a high-income nation by 2020, Housing and Local Government Minister Datuk Seri Chor Chee Heung said.

PETALING JAYA (Jan 9): Trinity Group Sdn Bhd has lined up projects with an estimated gross development value (GDV) of RM640 million for launch in 2012.

Property development business streamlined

Shopping, or rather visiting the malls, is a favourite Malaysian pastime, but there is rising concern that there could be too many shopping malls in the Klang Valley.

The push for green buildings has been gaining momentum over the years. In Malaysia, green consciousness is slowly taking root, with more consumers looking to buy green homes or lease energy-efficient offices while property developers are building more green products.

KUALA LUMPUR/NEW YORK CITY (Jan 6): With Thursday's announcement of the proposed expansion of the Resorts World New York (RWNY), Malaysia's Genting Group appears to have won the support of New York governor Andrew Cuomo to build the largest convention centre in the US, a project that may come with a full-fledged casino licence.

KUALA LUMPUR (Jan 6): Tenders for the beautification portion of the River of Life (RoL) programme, potentially worth up to RM1 billion, could be called in the second half (2H) of this year upon completion of the project's master plan.

SEREMBAN (Jan 6): The Ministry of Housing and Local Government has targeted to revive 35 abandoned housing projects throughout the country by this year.

PUTRAJAYA (Jan 6): Khazanah Nasional Bhd and Temasek Holdings (Pte) Ltd are currently in the midst of discussions with banks to provide financing for M+S Pte Ltd development projects in Singapore.