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Rebuilding success masks deeper woes

CHINA has hailed reconstruction efforts since a massive earthquake levelled parts of Sichuan province three years ago as a major victory, but a lack of jobs and crippling debts to pay for new homes are making life difficult for many.

Technology Park Malaysia to hold green building workshop

KUALA LUMPUR: TPM College Sdn Bhd and leading applied research institute, Fraunhofer Germany, will jointly organise a two-day green building design workshop, beginning June 2, for players in the construction industry.

MTR Corp says has 2 project agreements worth HK$17.8

HONG KONG: Subway operator MTR Corp Ltd said it has entered into two project agreements with Hong Kong's government, of which the company will bear and finance construction costs totalling HK$17.78 billion (RM6.94 billion).

China new home prices rise 4.3% y-o-y in April

BEIJING: New home prices in China rose 4.3% in April from a year earlier, slowing from a rise of 5.2% in March, according to Reuters calculations from official data.

New home prices in Beijing rose 2.8% in April from a year earlier, down from a 4.9% annual rise in March, the National Bureau of Statistics said on Wednesday, May 18.

Policy curbs ease China property inflation in April

BEIJING: China's annual housing inflation slowed slightly in April with prices rising 4.3%, data showed on Wednesday, May 18, a further sign that forceful policy tightening is helping to cool exuberant price rises.

Villagers home in on profits

HONG KONG: Soaring property prices have made rural land sites increasingly expensive — and highly sought-after — as indigenous villagers and developers hold on to land or snap up additional sites so they can make big profits by building village houses, property agents say.

US brokerage revises its approach to Hong Kong

HONG KONG: A failed attempt to enter Hong Kong's brokerage market has not deterred US property agency Intero Real Estate Services from seeking a foothold in the city to sell local properties.

In February this year, the Califorinia-based property agency opened for business in an office in the International Finance Centre.

Japan's hotels need two years to rebound

HONG KONG: Japan's hotels are not expected to fully recover from the collapse in revenues that followed the March earthquake and tsunami until the first quarter of 2013, according to a report by agency Jones Lang LaSalle Hotels.

Streets are paved with glass

HONG KONG: Recipe: Crush two glass bottles into fine splinters. Mix with 0.9kg of coal ash and construction waste and 1.04kg of cement. Put the mixture under intense pressure in a brick-making machine for 25 seconds.

Follow the instructions and you won't have a tasty party cake but a 2.6kg "eco-glass" brick that can be used to pave roads.

Owners ignore leaks at their peril

HONG KONG: Water leaks are among the most common complaints flat owners have to deal with.

"If the source of a leak is found to be in your flat, it may begin by affecting just a small portion of a ceiling of the flat below yours, and cost you a small amount of compensation only," said Stewart Wong Shun-tai, manager at loss adjuster firm Professional Surveyors.