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APARTMENT living has gained popularity among Malaysians in recent years, not just as a long-term investment but also as an affordable mode of living, particularly in Kuala Lumpur, Penang and Johor Baru.

DUBAI (June 12): London house prices are expected to increase between 2% and 3% this year, and likely approach 18% to 20% in the next five years, according to global real estate services company, Cluttons LLP.

KUALA LUMPUR (June 12): The Construction Industry Development Board (CIDB) plans to increase training for the use of the Industrialised Building System (IBS) to cap the country’s foreign labour dependency at 15% by 2020.

DUTAMAS is an upcoming, upscale neighbourhood in Kuala Lumpur flanked by Mont’Kiara and Segambut.

Lafarge Malaysia Bhd (June 11, RM9.

Where would you invest in Johor? theedgeproperty.

KUALA LUMPUR (June 12): Daiwa House Malaysia Sdn Bhd, a subsidiary of Japan’s largest prefabricated homebuilder Daiwa House Industry Co Ltd, has entered into a joint venture with Sunway Bhd’s unit Sunway Iskandar Bhd (SISB) to construct 100 prefabricated homes in Iskandar Malaysia, Johor, with a gross development value of RM210 million.

KUALA LUMPUR (June 12): Sunsuria Bhd is eyeing about RM1 billion property sales per year, primarily from its township development in Sepang, Selangor and starting from about RM900 million for the financial year ending Sept 30, 2016 (FY16), according to executive director Kong Wai Seng.

PETALING JAYA (June 12): LBS Bina Group Bhd’s BSP21 project has recorded a 60% take-up rate since its soft launch in December last year.

SKUDAI (June 12): The Malaysian Secondary Property Exhibition (Maspex) in Johor held over last weekend hit its target of 18,000 visitors.