News about la

SEVERAL real estate markets across the globe grew this year, albeit at a slower pace.

PETALING JAYA (Dec 31): Only about 42% of public projects and 70% of private projects in the country use modern Industrialised Building Systems (IBS) technology, according to the Construction Industry Development Board (CIDB).

Sold for: RM1.

KUALA LUMPUR (Dec 31): 1Malaysia Development Bhd (1MDB) is selling 60% of Bandar Malaysia Sdn Bhd to a consortium comprising Iskandar Waterfront Holdings Sdn Bhd (IWH) and China Railway Engineering Corp (M) Sdn Bhd (CREC) for RM7.

KUALA LUMPUR (Dec 31): Ho Hup Construction Co Bhd has gained entry into the granite quarrying business, via the acquisition of a company with quarrying rights, for RM2 million cash.

Pavilion Real Estate Investment Trust (Dec 30, RM1.

  Here are the trends for price growth and indicative asking rental yields for non-landed residences in Central City Kuala Lumpur, excluding the KLCC area.

GEORGE TOWN (Dec 30): Over the past seven years, the DAP-led Penang government has had to endure criticism from various quarters over many of the changes introduced in the state.

GSB Group Bhd could morph into the property arm of businessman Datuk Tee Eng Ho (pictured) after a series of corporate exercises are concluded, industry sources say.

We continue our focus on Central City Kuala Lumpur (excluding the KLCC area) by looking at average prices on a per square foot (psf) basis.