BEIJING: The Chinese government has succeeded in curbing property speculation in some cities where real estate prices were rising too fast, the Housing Ministry said on March 8, acknowledging that strong demand will continue to drive prices.

KOTA KINABALU: The Kota Kinabalu Court has applied for the construction site of a new court complex to be closer to the city.

Deputy Chief Minister Datuk Seri Joseph Pairin Kitingan said the site allocated in Likas Bay, near here, was inappropriate and inconvenient for the public.

PENANG: The Penang chapter of the Malaysian Malay Chambers of Commerce (DPMMPP) on March 8 questioned the proposed construction of the Penang International Convention Centre (PICC) by the state government, claiming that the project was not a priority for the people.

HONG KONG: Hong Kong property tycoon Henry Cheng Kar-shun has called for the relaunch of a government-subsidised flat sale scheme that he and fellow private developers had once pressed hard to have abolished.

* On the rebound

The segment of the property market in Singapore that seems to be immune to the government measures announced on Feb 19 relating to stamp duties and loan-to-value (LTV) limit appears to be landed housing, which was the best-performing residential sector last year.“I’m very confident the government measures will have very little impact on the landed home market,” says William Wong, managing direc

Since the launch of Bandar Nusajaya in 2006, UEM Land Holdings Bhd’s focus has been on developing the flagship zone of Iskandar Malaysia in Johor.

Some years ago, Malaysia initiated the Malaysia Building Integrated Photovoltaic (MBIPV) Project, with co-financing from the Global Environment Facility and disbursed through the UNDP. Its main objective is to reduce the long-term cost of solar BIPV technology and address the country’s long-term energy supply security.

Mention Waz Lian Group and you are likely to get blank stares. That’s not surprising as the company has deliberately kept a low profile although its property arm has been active in the industry for over a decade. It may call itself a small developer but it has amassed some 1,500 acres of land with some notable parcels in the Klang Valley and Penang.

The term “solar energy” is not new to us — electricity is generated from the sun’s rays, directly via photovoltaics (PV) or indirectly through concentrating solar power.  The latter uses the sun’s energy to boil water, which is then used to provide power. But let’s be honest, most of us wouldn’t know a PV cell or a solar cell if it hit us in the face.