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Development of MRB land in Sg Buloh in line with NEM

KUALA LUMPUR: The proposed development of the Malaysian Rubber Board (MRB) land in Sungai Buloh is an effort towards realising the objective of the New Economic Model of making Malaysia a high income country, said Deputy Minister in the Prime Minister's Department, Datuk SK Devamany.

Mainland property prices slow in June

BEIJING: Property prices in the mainland rose at a slower pace in June from a month ago, government data showed on Monday, in a further sign that Beijing’s efforts to cool the sizzling real estate market were kicking in.

Malaysia can be eco-tourism leader

KUALA LUMPUR: Malaysia is a hot-bed for the world’s rarest iconic natural attractions and serves as a tourist magnet. The country has attractive locations with vast potential for development as eco-tourism icons, according to a development planning expert.

Australia housing finance rises 1.9% in May

SYDNEY: Australian home loan commitments for May, released by the Australian Bureau of Statistics (ABS) on Monday, July 12.

A Reuters poll forecast the number of home loans rose 1.5%, seasonally adjusted. Estimates ranged from a fall of 4.5% to a rise of 3.4%.

Buyers rush to snap up offering of small flats

HONG KONG: Hundreds of home seekers and investors lined up last Saturday, July 10 to snap up 365 flats at two housing projects — signalling buyers are taking advantage of a rising property market.

Some 285 flats or 76% of the flats at Lime Stardom in Tai Kok Tsui were gone by 5pm after sales were launched at 9am.

Chinachem treads new path after legal saga

HONG KONG: Chinachem Group, once counted among Hong Kong's leading property developers, is bidding to recapture its former glory days, now that the legal tussle over the estate of its late chairman, Nina Wang Kung Yu-sum, has been settled in its favour.

City & Country: The Klang attraction / Unearthing gems in Klang

The royal town is not exactly a real estate hot spot, but astute investors like Eddie Soh, who has bought and sold at a profit over 20 properties in the past three years, have unearthed some gems.Klang in Selangor may not be considered a real estate hot spot.

Invest and holiday with The Hideaways Club

Combining international property investment with luxury holidays, The Hideaways Club of the UK is both an investment fund and a private members club.“It is certainly not a timeshare nor is it a real estate investment trust (REIT),” says the exclusive club’s chairman Mike Balfour when City & Country meets up with him.The property fund comprises a portfolio of luxury villas and ski chalets lo