The popularity of the mainly expatriate enclave of Mont’Kiara in Kuala Lumpur has led to a proliferation of new and exciting residential and commercial developments in the area.

A few years ago, developers with prime land in the vicinity of Kuala Lumpur City Centre (KLCC) were aggressively launching high-end condominiums, with views of the Petronas Twin Towers as their major selling point. It was reported that some units were going for more than RM1,800 psf.

Sceptics of Malaysia’s Petronas Twin Towers will remain, well, sceptics. But frankly, who can ignore the Malaysian icon that has successfully redefined the values of real estate in its midst?

PETALING JAYA: The year 2010 will remain a challenging one for the property sector as it recovers from the impact of the global financial crisis.

A poll by The Edge Malaysia found that property consultants in Malaysia are confident that the residential market will generally improve from last year with better sales expected.

PENANG: The Land and Mines Department's electronic land administration system, e-Tanah (e-Land), will be expanded to the whole country soon.

Natural Resources and Environment Minister Datuk Douglas Uggah Embas said the system which was introduced in Penang as a pilot project, was found to be effective and well received by the public.

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.