Latest

Korea fund approached to jointly buy Sydney building

SEOUL: South Korea’s National Pension Service, the nation’s biggest investor, said it was approached to jointly buy Sydney’s Aurora Place and it hasn’t made a “serious consideration” on the proposal.

China should stop property stimulus now, says newspaper

BEIJING: China should immediately halt some of its real estate stimulus policies, or risk inflating a bubble that in its bursting would wreak financial and even social trouble, a government newspaper said on Nov 23.

Hot sales

When the government decided to impose the 5% real property gains tax (RPGT), the move did not go down well with house buyers, long-time property owners, some developers and those promoting Malaysian real estate overseas. Industry players were stunned when the RPGT was announced during the unveiling of Budget 2010 on Oct 23.

Hollywood comes to Country Heights Damansara

Fancy owning a house which will be featured in a Hollywood movie? Doug Liman, director of blockbusters such as The Bourne Identity, Mr & Mrs Smith and Jumper, recently shot a scene for his upcoming film, titled Fair Game, in one of the bungalows at Country Heights Damansara,in Petaling Jaya, Selangor.

Encorp raises the bar

We want to establish ourselves as one of Malaysia’s top 10 developers in three years,” announces Yeoh Soo Ann, group CEO of Encorp Bhd. That’s a bold statement, considering the young age of the company’s property development arm.

Student wins European award for ‘Community One’

Terrific and very elegant, an idea that has not been seen before…” — these were how the judges of the European Corus Student Design Awards 2009 described the design of a sustainable urban village by Romulus Sim of Kuching, Sarawak.Sim, 23, a final-year architectural student at the Manchester Metropolitan University (MMU) in UK, beat off strong competition from students across Europe to scoop th

Offshore The new concept of ‘small’

Small is beautiful” seems to be the new mantra for the property sector. Until the property crash in 2008, brought on by the collapse of  Lehman Brothers, luxury apartments with sky garages and yacht berths as well as multimillion-dollar penthouses of 10,000 sq ft were in fashion.

Special Focus: Making a comeback

Not spared the effects of the global financial crisis and economic slowdown, the upmarket segment of the housing property market has seen a return of buying interest of late.