KUALA LUMPUR: Mah Sing Group Bhd through its wholly-owned subsidiary Myvilla Development Sdn Bhd has, on Feb 10 has announced its intention to acquire a tract of commercial land measuring 6.32 acres in Cyberjaya from Cyberview Sdn Bhd for a sum of RM21,743,422.

PUTRAJAYA: Putrajaya Corp will organise an international conference themed "Green Cities: Putrajaya Urban Conference Series 2010," over two days beginning Feb 23 at the Putrajaya Corporation Complex here.

HONG KONG: Property developer Greentown China Holdings Ltd said it may jointly set up property companies with total investment capital of five billion yuan (RM323.43 million) with Shanghai-listed Shandong Expressway.

KUALA LUMPUR: Mudajaya Group Bhd fourth quarter net profit surged two-fold to RM41.05 million from RM10.36 million a year ago increased level of activities.

It said on Feb 10 that revenue rose 65% to RM211.76 million from RM128.22 million while earnings per share were 11.02 sen versus 1.50 sen. It declared 10% dividend per share or two sen per share.

PETALING JAYA: MRCB Land will be showcasing its latest residential units for sale in its Bandar Seri Iskandar township in Central Perak on the weekend of Feb 13 & 14 in a special promotional event called “Wish For More…Jom Milik!” Property Sales Celebration.

MRCB Land’s Bandar Seri Iskandar township spans 5,000 acres and will be fuilly completed in 2020.

KUALA LUMPUR: IOI Corp Bhd's net profit for the second quarter ended Dec 31, 2009 (2QFY10) surged 174% to RM461.21 million from RM168.58 million a year ago, thanks to higher profits from property and manufacturing segments and unrealised paper gain on US dollar-denominated borrowings.

PETALING JAYA: Development plans for a vacant site adjacent to the Kota Damansara Community Forest in Kota Damansara in Petaling Jaya, Selangor have not been finalised, said the developer Bonus Focus Sdn Bhd.

HONG KONG: Rising rents and surging prices of apartments in Hong Kong are driving a trend towards conversions of older industrial and commercial buildings into lofts.

HONG KONG: Beijing home prices are expected to maintain a steady course during the remainder of the year, supported by the city mayor's unexpected pledge not to use administrative measures to intervene in the market.

SEOUL: South Korean banks' mortgage lending to households in January posted the smallest monthly gain in four months due to a fall in new home supplies and sluggish winter property trade, central bank data showed on Feb 10.