SEREMBAN: The Negri Sembilan government has agreed to give discounts to quit rent defaulters and allow the landowners to pay in installments.

Menteri Besar Datuk Seri Mohamad Hasan said some landowners owed thousands in quit rent for accumulating annual payments, which include fines amounting to 10 times the amount for late payment.

SINGAPORE: Malaysian developers Sime Darby Property Bhd, Mah Sing Group Bhd, Iskandar Investment Bhd and Pjcc Development Sdn Bhd made the country proud at the 2010 Cityscape Asia Real Estate Awards on May 18, Cityscape Intelligence reported.

BEIJING: Chinese property prices have stopped rising and transaction volumes have dwindled since the middle of last month, the country's top economic planner said on May 19.

KUALA LUMPUR: A local soil engineering company, Nehemiah Reinforced Soil Sdn Bhd, is inviting entries for a design competition from engineering, construction management and architectural students of local public and private tertiary institutions.

KUALA LUMPUR: One of the largest and most prestigious equestrian and luxury residential properties in Australia is being offered for sale.

KUALA LUMPUR: Adenan Md Yusof was appointed chief operating officer (COO) of AmanahRaya-REIT Managers Sdn Bhd on May 18.

Adenan is replacing Abas Abd Jalil, who resigned as COO on the same day. The latter was then appointed as AmanahRaya-REIT Managers’ non-executive director. The trust also appointed Shahrol Anuwar Sarman as its non-independent non-executive director on May 18.

HONG KONG: Lacklustre bidding at a government land auction for a Tung Chung site last week, and a slump in investor sentiment on the stock market have triggered a new round of consolidation in the property market.

KUALA LUMPUR: A number of property-related companies announced the listing of share option schemes or proposed similar schemes on May 18.

Bina Puri Holdings Bhd and YNH Property Bhd will list 23,000 new shares and 1.76 million new shares of RM1 each respectively, on May 20.

HONG KONG: China’s investor sentiment has taken a hammering from recent measures to clamp down on credit and curb property price growth in the country, analysts say -- and the spillover effects are already evident in Hong Kong's property market.

BRUSSELS: All new buildings constructed in Europe after 2020 will have to be virtually carbon-neutral after the European Parliament gave new energy standards the last approval they needed on May 18.