KUALA LUMPUR: Moevenpick Hotels & Resorts has announced the soft opening of Moevenpick Heritage Hotel Sentosa, its first property in Singapore, with the grand launch earmarked towards the end of the year.

KUALA LUMPUR: OSK Research is maintaining its "sell' call on IOI Corp Bhd at a fair value of RM4.41.

"As IOI is an established developer like City Development, we have little doubt that the venture into the Singapore property market will be profitable.

KUALA LUMPUR: Hong Leong Group's property arm GuocoLand (China) Ltd (GLC) became the first Malaysian company to officially adopt a baby panda at the China Conservation and Research Centre for Giant Pandas in Wenchuan County, Sichuan last Saturday, Apr 9.

KUALA LUMPUR: IOI Corp Bhd ended trading eight sen lower on Monday, Apr 11 at RM5.57 on a volume of 4.12 million shares, as investors and analysts weighed in on the plantation heavyweight upping its stake in a major property project in Singapore called South Beach.

HONG KONG: Henderson Land Development could supply the city with 45,000 new flats from its own landbank, more than the government's annual target, chairman Lee Shau-kee has boasted in his official biography.

KUCHING: No one was more excited than Prof Dr Sim Kui Hian when Prime Minister Datuk Seri Najib Razak announced on Sunday night, Apr 10 that Sarawak will have the second health metropolis in the country.

The world-renowned cardiologist knows better what will come next when the hub is set up in Kuching.

Mah Sing Group Bhd
Striking the right chord during Europe roadshow

KUALA LUMPUR: Malaysians can expect to see housing supply decline and housing prices spike should the build-then-sell (BTS) method of property development be implemented, said members of a panel discussion on the topic “Build-then-sell: The impact on property prices” at The Edge Investment Forum on Real Estate 2011 last Saturday.The panellists were Bandar Utama township developer See Hoy Chan H

KUALA LUMPUR: The Malay Real Estate Developers Association wants easy financing from banks to develop reserve land as current terms and conditions imposed for loan application were not conducive.

Its president Mohd Wari Mat Zaki said failure to obtain bank loans has jeopardised the development of Malay reserve land.

HONG KONG: Commercial property has joined equities as one of the top two assets that the rich and their investment advisers are targeting for investment this year, according to an international study just published.