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KUALA LUMPUR (May 11): The Malaysian Investment Development Authority (MIDA) and the Construction Industry Development Board (CIDB) believed productivity, safety and competitiveness among industry players will be enhanced with the greater adoption of Industrialised Building Systems (IBS).

PUNE (May 11): After a 10 to 20% decline in 2013, Jones Lang LaSalle (JLL) India Inc reported that residential property prices in several areas of Delhi began to stabilise last year.

KUALA LUMPUR (May 11): WCT Holdings Bhd will embark on a strategy to focus on demand oriented property sales and land value enhancement, said WCT deputy managing director Goh Chin Liong (pictured) as reported in The Edge Financial Daily today.

KUALA LUMPUR (May 11): Some experts say the future High-Speed Rail (HSR) link between Kuala Lumpur and Singapore is not designed for daily commuting purposes, the Straits Times (ST) reported.

PETALING JAYA (May 11): Retirement Fund Inc (KWAP) will buy a parcel of land and building as its new headquarters at the Tun Razak Exchange (TRX) project in Kuala Lumpur City Centre, The Star reported today, with the price set for more than 15% lower than what Lembaga Tabung Haji had paid under its deal.

Property sector Maintain overweight: Recent statistics released by the National Property Information Centre (Napic) revealed that overall property transaction value was up +7% year-on-year (y-o-y) to RM163 billion, while volume changed hands rose +0.

• This week the spotlight falls on Brickfields, which is enjoying healthy interest spurred by the ongoing development of KL Sentral and its proximity to the city centre.

PETALING JAYA (May 11): The property market in Perlis recorded a total of 3,927 transactions last year, up 9.

KUALA LUMPUR (May 10): Pilgrims' savings fund Lembaga Tabung Haji has been under fire the past few days over a multi-million ringgit land deal with 1Malaysia Development Bhd (1MDB), which critics see as an attempt to bail out the debt-ridden state investment arm.

KUALA LUMPUR (May 9): 1Malaysia Development Bhd (1MDB) should appoint an international, independent auditing firm to examine its accounts, Datuk Seri Hishammuddin Hussein (pictured) said today, adding that this would help dispel public concerns over the debt-ridden state investment firm.