KUALA LUMPUR: Sunrise Bhd posted net profit of RM43.15 million in the fourth quarter ended June 30, 2009 and it is confident of its prospects for the new financial year given its substantial locked-in unbilled sales.

KUALA LUMPUR: 348 Sentral, a mixed development comprising office and residential blocks, aims to attain accreditation from the Malaysian Green Building Index and the US Leadership in Energy and Environmental Design Gold Environment Building Accreditation.

PETALING JAYA: Section 14 has been the subject of much talk following the collapse of part of the old Jaya Shopping Centre in the early evening of May 28. The building was in the process of being demolished when a 5-storey portion of the structure gave way, killing seven construction workers.

KUALA LUMPUR: International figures in economics and real estate and local panellists will meet here in October to discuss the opportunities that arise from the real estate and global economic slump, and solutions to the crisis.

Some property buyers seem to have no qualms about buying off the plan, armed only with information gleaned from glossy brochures dished out by sweet-talking sales personnel.

Faliq takes property in his stride Probably one of the youngest, if not the youngest managing director around, S M Faliq S M Nasimuddin is taking things in his stride.

If you drive along Jalan Dataran SD 2 in Bandar Sri Damansara, Kuala Lumpur, chances are you will notice a prominent high-rise structure among light industrial buildings and residential properties.

After a generally lacklustre year so far, the Klang Valley office occupancy and rental market will likely stabilise and improve in 4Q2009, says Knight Frank Malaysia executive director Sarkunan Subramaniam.“Despite the lacklustre office market performance anticipated earlier, we expect activities to increase in the later part of the year towards 4Q as businesses regain confidence,” says Sarkuna

KUALA LUMPUR: AmResearch is maintaining its Buy call on IGB Corp (IGB) at revised fair value of RM2.80 per share (previously RM2) based on 30% discount (previously 50%) to its net asset value (NAV) estimate of RM4.

KUALA LUMPUR: The world's housing markets are showing signs of recovery, with seven countries having emerged from the house price slump, according to Global Property Guide.After experiencing declines in 2008, house prices in China, Portugal, Australia, New Zealand, France, Sweden and Hong Kong rebounded during the latest reported quarter, 2Q 2009.In its survey of world-wide house price indices,