Malaysia’s own Green Building Index (GBI) was launched in May last year.

There is usually a correlation between real estate values and highway accessibility, as evident from numerous successful projects and schemes located along major highways.

Place: The picturesque Taman Rekreasi Lembah Kiara in Kuala Lumpur’s popular township of Taman Tun Dr Ismail.

KUALA LUMPUR: Amanah Harta Tanah PNB, in its filing to Bursa on Friday, July 16, has appointed Idris bin Kechot as a director effective March 3, 2010. Idris is also a director of Amanah Saham Nasional Bhd, Amanah Capital Malaysia Bhd and Amanah Mutual Bhd.

KUALA LUMPUR: Hua Yang Bhd saw an increase of 48%, or RM37.22 million, for its revenue in 1Q2010, compared to RM25.17 million in the same quarter last year. It profit before tax stood at RM6.75 million.

KUALA LUMPUR: Sarawak-based builder and property developer Naim Holdings Bhd, via its unit NCSB Sdn Bhd, has entered into a memorandum of understanding (MoU) to construct Gaddafi Tower, a 50-storey tower in Tripoli City Centre, Libya.

KUALA LUMPUR: Amidst the controversy surrounding the Selangor state government and its illegal sand mining issue, the Master Builders Association of Malaysia (MBAM) has suggested that the government to issue more licences to sand mining operators.

KUALA LUMPUR: The recent fuel subsidy cut will result in higher construction costs leading to possibly higher property prices, said industry players.

Expressing its concern over the subsidy cut, Master Builders Association Malaysia (MBAM) secretary-general Yap Yoke Keong said the move could result in more expensive building materials due to an increase in transportation rates.

KUALA LUMPUR: Thirty-seven developers are showcasing 40 over property projects in the Klang Valley at the Malaysia Property Exposition (Mapex) 2010 from Friday, July 16 till Sunday at the Mid Valley Exhibition Centre.

KUALA LUMPUR: Bina Puri Holdings Bhd's joint venture with UEM Construction Sdn Bhd (UEMC), a UEM Group Bhd subsidiary, has been appointed the main contractor for the construction of KL International Airport (KLIA) New Permanent LCCT complex at the KLIA.

The total contract value is RM997.23 million.