HONG KONG (Nov 29): China's largest property insurer PICC Property and Casualty Co Ltd expects proceeds from a planned rights issue to help it meet its business needs over the next one to two years, company board secretary Zhang Xiaoli said on Tuesday.

Hayman Great Barrier Reef

Bandar Sri Sendayan in Negri Sembilan may not have been a familiar name to many. But that changed earlier this year when the government announced that the Royal Malaysian Air Force (RMAF) base in Sungei Besi would be relocated to the township.

A resort-like home in an exclusive, landscaped and eco-friendly precinct is what the new Bayou Creek Precinct 7 homes in Mulpha International’s Leisure Farm Resort in Johor aims to offer.

For over a decade, property player Mulpha International has been astutely building an international portfolio of property developments and investments around the region. In fact, Mulpha has surged ahead of its peers to become the largest Malaysian real estate investor and developer in Australia.

KUALA LUMPUR (Nov 25): S P Setia Bhd's bid to lead a £5.5 billion (RM27 billion) redevelopment project in London came to a halt when lenders to the beleaguered project declined its preliminary offer.

PETALING JAYA: Property developer OSK Property Holdings Bhd's The Atria in Damansara Jaya is off to a running start. It sold off all of its The Atria SOFO (Small Office Flexible Office) suites on the first day of launch last Friday.

KUALA LUMPUR (Nov 25): Property developer Dijaya Bhd saw its revenue for 3QFY11 ended Sept 30 grow by 43.3% y-o-y to RM89.2 million from RM62.2 million, driven by strong sales and recognition of billings from its project launches.

KUALA LUMPUR (Nov 25): Homebuyers are adopting a "wait-and-see" attitude until a clearer picture emerges on the implementation of the Economic Transformation Programme (ETP) and housing-related government initiatives, according to a mortgage broker.

KOTA KINABALU (Nov 25): Housing developers in Sabah may soon be required to allocate 30% of their houses in new housing schemes for low cost houses, said State Minister for Local Government and Housing Datuk Hajiji Noor.

He said the move was to help ensure that the low-income group could afford to buy houses in urban areas.