ABOLISHMENT of the real property gains tax, reduction in stamp duty for properties in a certain price range, and the construction and property sector gaining most from the stimulus packages announced – these are clear indications of the Government’s focus on this sector to help accelerate economic growth.

THE PJ Trade Centre in Damansara Perdana has more occupants now following the launch of Menara Mustapha Kamal by Tun Dr Mahathir Mohamad recently.

KUALA LUMPUR: Low Yat Group, which is investing RM7mil to upgrade its Rivercity mixed development at Jalan Ipoh here, expects the project to generate RM55mil in rentals over the next five years. Deputy general manager Leow Sian Hiong said she expected rental rates to double to RM8 per sq ft once the upgrading works were completed.

PETALING JAYA: Sunway City Bhd (SunCity) is looking at a strong recovery from the dampened sales inflicted by the global financial crisis and plans to move on with its planned property projects both locally and abroad. According to SunCity managing director for property development Ngian Siew Siong, the local property market had not been too badly impacted by the global crisis and it should recover quite fast.

KUALA LUMPUR: The outlook for the domestic construction sector looks positive in the fourth quarter, but the roll-out of major projects will likely only happen next year, analysts and industry players said.

MALAYSIA’S aspiration to join the ranks of high income economies should bring cheer to Malaysians as it means they can look forward to higher income and enjoy a higher standard of living.

Many interesting projects were shortlisted. One of them, from the Single Residential category, is called the SS3 House (in Petaling Jaya, Selangor) which was built for David and Anushia Lingam by Archicentre Sdn Bhd. Among the interesting features are the flying roof and the central forested courtyard.

WE so often look outward but ignore what is right in front of our noses. While Kuala Lumpur may not be a big city, many people, mainly foreigners, are impressed by our skyline and at how varied it is. For that, we have to credit many of our local architects – and not just for their work in KL but also all over the country and some even spanning the globe.

IF you are young and planning to enter the workforce in the next three years, you will have the company of seven billion fellow inhabitants of planet earth. By the time you are ready to retire – assuming you’ve been able to find a job in the first place – there will be two billion more.

KUALA LUMPUR: Datuk Tony Tiah, who has been notably absent from the glare of the limelight for years, is making an active comeback into the corporate world with the listing of TA Global Bhd, the property arm of TA Enterprise Bhd.