KUALA LUMPUR (Dec 6): Bangkok Bank Bhd, the Malaysian unit of Thailand's largest commercial bank Bangkok Bank Pcl, has bought property units worth RM110 million from Berjaya Corp Bhd in its development at Jalan Ampang.

KUALA LUMPUR (Dec 5): A Tesco Superstore has opened its doors in Hua Yang Bhd's Bandar Universiti Seri Iskandar township in Perak, marking the hypermarket chain's 45th outlet in the country.

The new outlet has a gross floor area of 800,000 sq ft and aims to serve the needs of people from the township and nearby areas, the developer said in a statement on Monday.

ORDOS (Dec 5): The monumental, neo-Mongolian sculptures, empty plazas and hulking concrete shells of buildings in Ordos, deep in the steppes of Inner Mongolia, are a potent symbol of how China's property boom can turn to bust.

HONG KONG (Dec 5): Hang Lung Properties Ltd, Hong Kong's third most valuable developer, said it aims to use the downturn in China's property market to increase its land bank in second-tier cities.

HONG KONG (Dec 5): CapitaLand Ltd, Southeast Asia's largest property developer, plans to double the number of shopping malls it has in China, its chief executive said on Monday.

SHANGHAI (Dec 5): China's new bank loans in 2012 may increase slightly from this year's quota of 7.5 trillion yuan (RM3.71 trillion), but the government will maintain lending curbs on the property sector, the China Business News reported on Monday, citing an official from the China Banking Regulatory Commission (CBRC).

SYDNEY (Dec 5): Australian infrastructure firm UGL Ltd on Monday bought UK consultancy DTZ Holdings for £77.5 million (RM379.94 million), in a move to expand its corporate property services and capture growth in China.

JOHOR BAHRU: Genting Plantations Bhd and US property giant Simon Property Group Inc last week opened the doors to Southeast Asia's first premium outlet retail mall, Johor Premium Outlets (JPO), after working on the project for more than three years.

Sleepy Semenyih awakens

Tourists have been flocking to Batu Ferringhi for years, lured by its golden beaches, selection of resorts, night markets and restaurants serving the best of Malaysian dishes. Located  the north of the island, it is considered by many to be the most vibrant spot in Penang.