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Hua Yang eyes land in Sabah, Penang

KUALA LUMPUR: Having established a foothold in four states in Peninsular Malaysia, mid-sized property developer Hua Yang Bhd is on the lookout for land in Sabah and Penang to cement its position as a nationwide affordable home builder.

MoF to decide on UDA partner

KUALA LUMPUR: The Ministry of Finance (MoF) is soon due to make yet another crucial decision which could be a defining moment for UDA Holdings Bhd, which is caught between its own survival and its social responsibility to the bumiputera agenda.

Gardenz to see soft launch

KUALA LUMPUR: Property developer Hua Yang Bhd will be having a soft launch this Saturday, July 30 for its serviced apartments called Gardenz@One South in Seri Kembangan, it told the press at a media briefing on Tuesday, July 26.

Trust funds favour real estate despite tightening

BEIJING: China's trust firms invested 207.8 billion yuan (RM95.5 billion) of funds in the real estate sector in the first half, with two-thirds of that in the second quarter, the official China Securities Journal reported on Tuesday, July 26.

HK mortgage loans in negative equity fall 18.6% in 2Q

HONG KONG: Hong Kong reported 48 cases of residential mortgage loans in negative equity in the second quarter of 2011, down 18.6% from 59 cases in the first quarter.

Data from the Hong Kong Monetary Authority showed the aggregate value of loans in negative equity declined to HK$58 million (RM22.04 million) as of the end of June, from HK$72 million in March.

Housing, wage crises hit Netanyahu poll rating

JERUSALEM: Prime Minister Benjamin Netanyahu's approval rating has plunged as protests over the high cost of living multiply in Israel, a poll published on Tuesday, July 26 found.

About 32% of Israelis are satisfied with the mIsraeli leader's performance while 54% are not, vaccording to the liberal Haaretz newspaper, which said the figures reversed survey findings from May.

City&Country: Green change

While green developments are in the early stages of adoption in Malaysia, there is no doubt that they have come a long way. There are 27 Green Building Index (GBI) certified buildings in Malaysia while 179 applications have been submitted over the last two years.