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KUALA LUMPUR (Feb 24): Genting Malaysia Bhd (Genting Malaysia) is raising its investment to RM10.

AGAINST a backdrop of softening demand, a weak economy and cooling measures, market sentiment in the high-end condominium segment in Kuala Lumpur is expected to remain cautious, says Knight Frank Malaysia in its Real Estate Highlights 2H2015 report.

PETALING JAYA (Feb 23): The property market will pick up in 2Q to 3Q2016 – after the festive seasons from the end of last year until the end of this month – as demand is still strong from genuine buyers in the secondary market, said principal of Synergy International Realtors Terry Wong (pictured, centre).

GEORGE TOWN (Feb 23): The Penang government today unveiled plans for a new seafront public park at its popular Gurney Drive, to be known as Gurney Wharf.

PUTRAJAYA (Feb 23): Putrajaya Holdings Sdn Bhd, the master developer of Putrajaya, is offering 31 units of Augusta 2.

KUALA LUMPUR (Feb 23): The occupancy rate of office properties in Kuala Lumpur City Fringe (KL City Fringe) inched up 89.

KUALA LUMPUR (Feb 23): The Chinese communities living in new Chinese villages and fishing villages should take advantage of the natural and quaint settings of their settlements by opening up homestay businesses to cater to tourists, especially those from China, according to Tourism and Culture Minister Datuk Seri Nazri Aziz.

GEORGE TOWN (Feb 23): A heritage watchdog in Penang yesterday asked Penang Island City Council (MBPP) why it did not try to prevent several old structures on the Runnymede (pictured) property from being demolished by a developer.

KUALA LUMPUR (Feb 23): Malaysian Resources Corp Bhd (MRCB) returned to the black with a net profit of RM26.

KUALA LUMPUR (Feb 23): The construction of Phase 2 of the Duta-Ulu Klang Expressway (Duke 2) remains within the cost of RM1.