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City&Country: MBM Resources’ first go at property development

MBM Resources Bhd (MBMR) is generally associated with the automotive industry, as the holding company is involved in the manufacturing of auto components and distribution of motor vehicles such as Perodua, Volvo and Daihatsu. It is also the appointed dealer for Volkswagen in Malaysia.

City&Country: Offshore-- General downtrend in global house prices

Global housing markets have entered a period of relative calm. The great price falls of the past three years are over but there is still cause for concern, according to online research house Global Property Guide’s latest survey of global house prices for the year ending 1Q2011.

PM launches 'River Of Life' project

KUALA LUMPUR: Prime Minister Datuk Seri Najib Tun Razak has launched the "River of Life" project, which is aimed at revitalising the Klang and Gombak rivers to turn them into vibrant and livable waterfronts with high economic value.

Klang, Gombak Rivers to be iconic waterfronts

KUALA LUMPUR: The Klang and Gombak rivers in the city will be turned into iconic waterfronts the likes  of rivers in major cities like London, Paris, Melbourne and Amsterdam by 2020, said Prime Minister Datuk Seri Najib Tun Razak.

Good design important even for modest buildings - Najib

KUALA LUMPUR: Architecture is not only important in landmark projects like the Petronas Twin Towers but also in smaller, more modest buildings which are close to the community, said Prime Minister Datuk Seri Najib Tun Razak.

Rehda Youth to 'green' children's home

KUALA LUMPUR: The Agathians Shelter will be transformed into the country's first "green" children's home by Rehda Youth, the youth wing of the Real Estate & Housing Developers' Association (Rehda).

Chan Kin-Meng, Rehda Youth chief, said the renovation and refurbishment of the home is the organisation's maiden project under its corporate social responsibility (CSR) programme.

Tighter Asia property rules boost Australia apartments

SYDNEY: Tighter government regulations introduced by some Asian countries to cool sizzling house prices are contributing to higher demand for new apartments in Australia, property services firm CB Richard Ellis (CBRE) said.

The Australian apartment market is bucking a softening trend of the overall housing market, especially in Sydney.

SunREIT to double the value of Putra Place

KUALA LUMPUR: Sunway REIT Management Sdn Bhd, the manager of Sunway Real Estate Investment Trust (SunREIT), expects to increase the value of Putra Place to more than RM1 billion after refurbishment and rebranding exercisesSunREIT acquired Putra Place in Jalan Putra, Kuala Lumpur after it won a bid in a public auction in April this year for RM513.95 million.

Rehda Youth to ‘green’ children’s home

KUALA LUMPUR: The Agathians Shelter will be transformed into the country’s first “green” children’s home by Rehda Youth, the youth wing of the Real Estate & Housing Developers’ Association (Rehda).

Laman PKNS to aim for GBI Platinum

SHAH ALAM: The green features of the Selangor State Development Corporation or PKNS’ new headquarters in Shah Alam are expected to result in long-term savings in utilities of up to 60%, said its general manager Othman Omar.“We are aiming for a Green Building Index (GBI) platinum rating for the new headquarters Laman PKNS and we have appointed an international consultant to achieve this”, Othman