She is only 23 and the youngest in the family, but with youth comes enthusiasm and fresh ideas.

For many years, a “Home Sweet Home” sign could not be hung up in the apartments of Subang USJ19’s Rhythm Avenue as the development was abandoned in 2001. The project was 90% complete, but the financial woes of the then developer Sanjung Utama Sdn Bhd caused work to stop.

KUALA LUMPUR: The Securities Commission has granted Atrium REIT Managers Sdn Bhd a six months extension up to April 15, 2010 to appoint a new chief executive officer (CEO), following the resignation of former CEO, Lim Pang Kiam on Oct 15.

NEW YORK: The meltdown of the US housing market is not over yet, and home prices will soon start trekking downward again as a flood of foreclosures looms, a well-known economist said Dec 3.

CYBERJAYA: The Selangor State Development Corp (PKNS) plans to turn the Selangor Science Park 2 (SSP2) located near Cyberjaya, Selangor into a Solar Valley.

“We plan to `solar-ise’ the whole of SSP2,” said PKNS Head of Business Development Norzila Sidek, adding that this can be done by attracting solar manufacturing industry players to invest in SSP2.

KUALA LUMPUR: Property developer SP Setia Bhd Group believes that the recent devaluation of Vietnam’s currency will not affect its development ventures there.

KUALA LUMPUR: Penang-based Belleview Group aims to launch six projects worth some RM800 million, from now until next year-end, its founder and managing director Datuk Sonny Ho said.

IT is relatively easy to snigger at the plight facing Dubai. Words like hubris and phrases like "pride comes before a fall" come to mind. After all, it is pretty humiliating for anyone to admit they can't pay their bills, let alone a city which has built its reputation upon being a braggart.

HONG KONG: Lee Shau-kee, the billionaire chairman of Henderson Land Development Co., is planning a $2.6 billion (RM8.8 billion) bet that Hong Kong home prices will keep rising.

Lee, 81, said today he plans to spend HK$10 billion (RM4.36 billion) on property in the next two to three months and another HK$10 billion on government land premiums for its Wu Kai Sha project.

SYDNEY: Lend Lease Group, Australia’s largest property developer, may buy the ING Retail Property Fund to gain assets including the Joondalup shopping center in Perth and the Harbour Town complex on the Gold Coast.