SHAH ALAM: The Selangor government proposes to build 1,442 semi-detached houses on 55.8 hectares of land under the Bukit Botak development plan to resolve the settlers relocation housing issue in Bukit Botak, Selayang.

KOTA BARU: The Kelantan Real Estate and Housing Developers Association (Rehda) has urged the state government to shorten the land approval process from six months presently.

Its chairman Sekarnor Che Omar said the government's delay in issuing land approvals had caused developers much concern as it affected construction cost.

SHANGHAI: Colliers International today announced strategic appointments for its senior management team.

Jan 21, 2010, seemed to be a very significant day for the development of Malaysian land law, with headlines nationwide lauding another landmark decision that corrected a “blatant error” which had stood as good law for the better part of the last decade.

KUALA LUMPUR: The completion the Mas Kiara Residences condominium project in Taman Tun Dr Ismail, Kuala Lumpur has been delayed to the middle of 2010 owing to “various technical aspects” barring the way, according to an internal source.

KUALA LUMPUR: The Malaysian government has announced a RM37.6 million allocation for the 1Malaysia Maintenance Fund to finance the maintenance of the federal capital's low-cost homes, especially flats, built by the private sector.

The global credit turmoil has struck what was once touted to be the world’s  tallest residential building. Targeted to be ready sometime next year, the Chicago Spire is still a gaping hole in the ground, with no completion in sight. The mega development’s estimated gross development value is about US$2.4 billion.

Delegates to the 3rd Malaysian Property Summit 2010 last Tuesday would have gone home with mixed signals about the market this year. The speakers were generally optimistic, but there was no show of great enthusiasm.

Office space take-ups and rentals in downtown Kuala Lumpur are expected to slide in 1H 2010 but improvement in the oil and gas sector growth may cushion the downward slide, says Sarkunan Subramaniam, executive director of Knight Frank Malaysia.An estimated 1,874,000 sq ft of new office space is expected to come on stream in 2010, and this will impact the market in the short to medium term, he s

Switzerland is synonymous with the dazzling beauty of the Alps, spectacular ski spots and a host of other tourist destinations. But there’s also a hidden gem that’s a big hit with visitors too. Called Zermatt, the quaint village is tucked away at the foot of the Matterhorn, dubbed the most photographed mountain in the world.What does a Swiss tourist hotspot have to do with real estate?