KUALA LUMPUR: Housing property prices are expected to rise further in the next six months by 10% to 20%, according to a survey conducted by The Real Estate and Housing Developers’ Association of Malaysia (REHDA).

Of the 133 respondents from all 12 states in Penisular Malaysia, 41% expect prices to increase by up to 10%, while 40% expect a hike of between 10% to 20%.

BEIJING: Landslides triggered by heavy downpours, which hit Zhouqu county in northwest China's Gansu Province yesterday, have claimed at least 127 lives, leaving 76 injured and 1,294 missing.

About 45,000 people have been evacuated to higher ground as floodwaters carrying mud and rocks submerged half of the Chengguan township in the county.

SHANGHAI: Property prices in the China’s major cities will fall later this year because of the government’s tightening campaign and a coming surge in housing supply, the country’s top listed developer said in comments published on Monday, Aug 9.

HANOI: The villa and townhouse market in Hanoi has stagnated over the last two months, Vietnam's news agency (VNA) reported quoting industry insiders as saying last week.

KL Sentral, Malaysian Resources Corp Bhd’s (MRCB) integrated development valued at RM12 billion, needs no introduction. It is familiar ground to the 130,000 to 150,000 people who commute daily by light rail transit (LRT), KTM Komuter, KL Monorail and Express Rail Link (ERL), which are all connected to the RM1.1 billion transit hub Stesen Sentral.

At about three years of age, property developer Capital Trend Asia Sdn Bhd (CTA) may be the new kid on the block, but the partnership between managing director John K H Lim and CEO Tan Gek Choon goes back 23 years. Lim, who was involved in general trading, set up the company in 2007 and later pursuaded his wife Tan, an accountant, to join him.

Dijaya Corp Bhd, known for its Tropicana Golf and Country Resort development in Petaling Jaya, plans to direct its focus on its newly acquired tracts in Johor Baru next. Its managing director Datuk Tong Kien Onn tells City & Country the new development may possibly be called Tropicana City @ Danga Bay and is expected to have a gross development value (GDV) of RM3.8 billion.

The Kuala Lumpur office market is expected to remain lacklustre until later this year as supply exceeds demand. Businesses are also cautious about their expansion plans amid heightened risks from a looming eurozone debt crisis, says Knight Frank Malaysia executive director Sarkunan Subramaniam when presenting The Edge/Knight Frank Klang Valley Office Monitor for 2Q 2010.

Fifty-eight-year-old Singaporean Mrs Chua and her husband were at the showflat of The Scala, Hong Leong Holdings’ latest launch, before 10am on July 28. Due to overwhelming response, a ballot system was put in place on the day of the public launch of the 99-year leasehold condominium.

Klang in Selangor may not be considered a real estate hot spot.