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THE controlling shareholders of property developer Magna Prima Bhd are understood to be looking to hive off a large stake of about 30% in the company, sources say.

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

  KUALA LUMPUR (April 19): Sabah’s property market showed a downtrend in 2015 with the decrease of all sub-sectors and fewer new properties launched.

KUALA LUMPUR (April 19): Crest Builder Holdings Bhd has enterd into a joint venture (JV) with Prasarana Malaysia Bhd and Detik Utuh Sdn Bhd to develop Latitud 8, a mixed-commercial development which has a total gross development value (GDV) of RM1.

KUALA LUMPUR (April 19): Perbadanan PR1MA Malaysia said all its Penang project plans are priced at an average of 20% below market prices in surrounding areas and in line with the state’s planning guidelines.

PETALING JAYA (April 19): The first show apartments by internationally-renowned architectural firm Gehry Partners is opening at the iconic Battersea Power Station rejuvenation project.

PUTRAJAYA (April 19): The overall property market slowed down marginally in 2015 from a year ago – with volume down by 5.

WHO: A native of Kuala Lumpur, Shahril Faisal (pictured, right) as a boy expressed an innate love for building and making things out of Lego bricks and clay, transforming them into “any desired form and construction”, he says.

KUALA LUMPUR (April 19): Spring Gallery Bhd has bagged a RM176 million contract to provide professional project management facilities for the development of a piece of land in Perling, Johor, currently sited by the Johor State Tennis Academy.

RATHER than being just an art form, architecture should be the art of problem-solving, said Rocco S K Yim, executive director and founder of Hong Kong-based Rocco Design Architects, at the Datum:KL 2015 International Architectural Design Conference.