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TAN Sri Datuk Sri Leong Hoy Kum expects the local property market to hit a turning point soon and anticipates demand to pick up in the second half.

AFTER spending the most of the last seven years jetting back and forth between Vancouver, Canada, and Kuala Lumpur, the 36-year-old new CEO of TA Global Bhd, Tiah Joo Kim (pictured) — the third child and eldest son of chairman Datuk Tony Tiah and his wife Datin Tan Kuay Fong — says he is now back in town to “crack the whip” and get the group’s property projects moving.

•     Today, we continue our focus on Cheras in Kuala Lumpur by looking at average prices on a per square foot (psf) basis.

PETALING JAYA (May 10): The en-masse sale of the 7.

KUALA LUMPUR (May 10): Enra Group Bhd [formerly Perduren (M) Bhd] said it has mutually agreed to terminate a share sale agreement (SSA) with Meridian Hectares Sdn Bhd to dispose of a 30% stake in property developer Landmark Zone Sdn Bhd to the latter for RM13.

PETALING JAYA (May 10): Hua Yang Bhd has launched the second phase of its residential development Ridgewood in Bercham, Perak, which comprises 3-storey cluster semi-detached homes, three-storey linked bungalows and three-storey bungalows, the company said in a press release today.

KUALA LUMPUR (May 9): Kerjaya Prospek Group Bhd (formerly Fututec Bhd) is set to win a contract worth RM300 million from property developer BCB Bhd to build a major high-rise project in Iskandar Malaysia, Johor, according to sources.

KUALA LUMPUR (May 10): Berjaya Hotels & Resorts Sdn Bhd said in a statement yesterday it had appointed Hanley Chew (pictured) as its chief executive officer (CEO), effective April 1.

AT JLL’s auction on April 28, a 1,604 sq ft unit at OUE Twin Peaks was put up for sale.

Concept Le Creuset’s rainbow-coloured shop at the lower-ground level of Mid Valley Megamall is not easy to miss, even when the mall is bustling with people.