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GBI to launch more tools

KUALA LUMPUR: More Green Building Index (GBI) rating tools are set for launch this year including the Industrial Rating Tool, the Data Center Rating Tool, the Mall Rating Tool, the Hotel Rating Tool and the Public Health Rating Tool with at least one rating tool to be launched a month.

Inch Kenneth to develop 62ha in Bangi

KUALA LUMPUR: Inch Kenneth Kajang Rubber plc, which has rubber processing, tourism and palm oil production as its mainstay, plans to venture into property development next year.

Consultant: Consider RPGT for companies and foreigners beyond 5-year period

KUALA LUMPUR: The government can consider imposing the real property gains tax (RPGT) on property disposal by companies and foreigners beyond the five-year period to curb speculation and excessive rise in property prices especially in the Klang Valley, said a prominent real estate consultant.

Brazil's housing carnival fans bubble worries

RIO DE JANEIRO: Listening to Jose Carlos de Vasconcellos talk about Rio de Janeiro's property market is like being transported back to the bubble days in the US or Europe.

One Academy win Bolton's design competition

PETALING JAYA: The Wharf Hoarding Design Competition, organised by Bolton Bhd at its Taman Tasik Prima Puchong township, attracted more than 30 entries from art and design colleges and universities in Malaysia, with the champion coming from One Academy.

The Capers tower units sold out

KUALA LUMPUR: All 338 of YTL Land & Development Bhd's The Capers's condominium tower units were sold out in two days, it said on Sunday, Mar 27. YTL Land's twin tower condominium — previewed from last Friday — had over 7,000 interested registrants.

KrisAssets proposing to acquire Mid Valley City Gardens

KUALA LUMPUR: KrisAssets Holdings Bhd is proposing to acquire 100% equity interest in Mid Valley City Gardens Sdn Bhd for RM215.71 million from IGB Corp Bhd.

In a statement to Bursa Malaysia on Friday, Mar 25, KrisAssets said it intended to finance the proposed acquisition from internally generated funds and/or borrowings.