KUALA LUMPUR: The two condominiums under the Taman Raintree Batu Caves development in Selayang, namely Semarak Condominium and Penaga Condominium have received encouraging sales prior to their officially launch this weekend on Jan 9 and 10, 2010.

PETALING JAYA: A month after the Kedah state government’s suspension of the land swapping policy, it is now looking at making some major changes to it.

KUALA LUMPUR: Vietnam’s tallest building, the Bitexco Financial Tower is scheduled for opening in Oct 2010. Upon completion, the landmark building will rise 68 floors above the heart of Ho Chi Minh City’s business and entertainment district near to both Nguyen Hue street and Ham Nghi street.

KUALA LUMPUR: Vietnam’s tallest building, the Bitexco Financial Tower is scheduled for opening in Oct 2010. Upon completion, the landmark building will rise 68 floors above the heart of Ho Chi Minh City’s business and entertainment district near to both Nguyen Hue street and Ham Nghi street.

SINGAPORE: YTL Pacific Star REIT Management Ltd, the manager of the US$1 billion (RM3.37 billion) Starhill Global REIT, is working on a succession plan after the sudden demise of its CEO Franklin Heng following cosmetic surgery at an Orchard Road clinic here.

PETALING JAYA: Country Heights Lifestyle Berhad (CHLB), a wholly owned sub-subsidiary of Country Heights Holdings Berhad has entered into five separate Deed of Assignment with Golden Horse Palace Berhad (GHPB) for the sale of its five units of hotel apartments in London, the company said in a Bursa Malaysia announcement on  Jan 7.

ALAPPUZHA (India): India's first 'water theme'-based IT Park, offering nature-friendly and stress-free working atmosphere, has been given the status of Special Economic Zone (SEZ) by the Indian government, Press
Trust of India (PTI) reported Thursday Jan 7, 2009.

LONDON: Property consultant Jones Lang LaSalle said on Wednesday Jan 6, 2009 it expects a challenging 2010 for European commercial property, but sees deal volumes up 20 percent on 2009 to 85 billion euros (US$122.1 billion).

The stratified property industry in Malaysia has come a long way since the early 1970s. Today, it has grown with one in four residential homes and over 40% of retail centres being stratified properties.

CHICAGO: US retailers largely experienced a strong finish to the 2009 holiday season even though sales fell at apparel chains and department stores in December, according to MasterCard Advisors' SpendingPulse.

Online retailers, jewellers and consumer electronics retailers all saw sales gains last month, SpendingPulse said on Jan 6.