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Rating for 10 local authorities raise

KUALA LUMPUR: The performance rating for 10 local authorities has been raised through regrading under the star-rating system for local authorities (SSR-PBT), after obtaining one more star or more.

The Kuala Terengganu City Council showed much improvement by obtaining four- star rating from two-star previously.

Last phase of Taman Royal Lily in Cameron Highlands to launch in 1Q2010

KUALA LUMPUR: LBS Bina Bhd expects to launch its last phase of Taman Royal Lily in Cameron Highlands in 1Q2010. Its last phase comprises 26 units of 2-storey link houses (pictured), 5-storey shop apartments and 11 bungalow lots.

The 30-acre Taman Royal Lily has a combined gross development value of RM26.1 million.

Hong Kong property sales to approach 2007 level, Ming Pao says

HONG KONG: Property sales may total HK$518 billion (US$67 billion) this year, approaching the level of 2007, thanks to a weaker dollar, a massive inflow of money from China and low interest rates, Bloomberg says Dec 26 quoting a Ming Pao Daily News report.

City & Country: Real estate secrets - Alan Yun, Owen Yap & Jojo Struys

Describe your dream homeYun: Perhaps a landed property surrounded by trees, single-storey, high ceiling and lots of space. I prefer to have many windows and an open concept.Yap: I would love a beach house. Doesn’t have to be big or lavish or expensively decorated; I believe the best decorations in a house are the people.

City & Country: Real estate secrets - Stephanie Chai & Jonathan Putra (JP)

Describe your dream homeChai: Perhaps I watched too many romantic movies as a child, but I’ve always loved the idea of a long driveway surrounded by many trees that leads you to a house with large gardens. I’m not sure where exactly I will ‘settle down’ but I know it will definitely be somewhere in Asia.