Properties from a feng shui perspective: Part 100. Over the past few articles, we looked at how the history of Malaysian politics centred on Parliament House matched ancient I Ching text. So far, it has been a fascinating study as many of the revelations in the text coincided with actual history. To recap briefly, Parliament House was inaugurated in November 1963.

KUALA LANGAT: LBS Bina Group Bhd is optimistic of achieving its property sales target of RM250mil this year, driven by overwhelming buyer response for its new launches. Managing director Datuk Lim Hock San said the company’s recent launches such as Iris Garden and Ruby Garden in Bandar Saujana Putra saw the units offered snapped up within two months.

INTERESTED in a home project without breaking your bank account? Like to liven up a plain room in your home or add a little style to your living room? Wall stenciling or wall art is a great home decorating technique that is quick and easy to master. It adds instant colour, design and a sense of style to a room. And best of all, it’s fun to do and won’t cost you a fortune.

AN amazing 26,600 visitors attended the 10th Malaysia Architecture, Interior Design and Building Exhibition (ARCHIDEX 09) held from July 2-5 at the Kuala Lumpur Convention Centre. The four-day event, aimed at architects, interior designers, developers, quantity surveyors, engineers and other building industry professionals, was jointly organised by PAM (Pertubuhan Akitek Malaysia /Malaysian Institute of Architects) and C.I.S Network Sdn Bhd.

KUALA LUMPUR: The retail market in the Klang Valley is expected to remain weak due to cautious consumer spending, even though there was a slight recovery in the previous quarter, according to DTZ Nawawi Tie Leung Property Consultants Sdn Bhd (DTZ Malaysia). In its quarterly property research report, DTZ Property Times 2Q2009, it said although the consumer sentiments index (CSI) in 1Q2009 showed a slight recovery 7.5 points from the previous quarter, consumers were reducing their spending on concerns the economy could deteriorate.

PETALING JAYA: Naza TTDI Sdn Bhd, the property arm of Naza Group, has unveiled its latest development, The Valley TTDI in Ampang, Selangor. Incorporating Feng Shui elements and surrounded on three sides by a forest reserve, the project spans over 35.5 acres. The development comprises 68 bungalows and 66 linked villas, complete with a broadband-enabled central community centre and park amenities such as a jogging track, waterfront decks, meditation garden and spring water spa.

KUALA LUMPUR: Buyers’ interest in Kuala Lumpur residential property has started returning in the second quarter of this year, particularly towards the later part of the quarter, according to DTZ Nawawi Tie Leung Property Consultants Sdn Bhd. In its DTZ Property Times 2Q2009 report, the research report showed buyers’ confidence within the residential property market was buoyed by the recent stock market rally on Bursa Malaysia, which restored investor’s confidence somewhat, especially towards high-end residential properties.

Some RM400 million worth of luxury properties are expected to be sold by the end of the three-day iProperty.com Expo “Luxury Collection”, which features high-end properties locally and abroad. About US$2 billion (RM7.08 billion) worth of luxury properties, award-wining townships and developments are being showcased by top local and foreign developers at the expo.

Conditions in the Klang Valley’s property market remain challenging, according to a property market report from global estate agent DTZ. DTZ said the office property sector faces downward pressure on rental and capital values due to weak demand and the new supply that will be completed in the next few years.

THE Malaysia Institute of Estate Agents (MIEA) aims to create more recognition for the real estate industry through its annual National Real Estate Annual Awards. MIEA immediate past president and awards chairman Soma Sundram laments that the general public never takes the industry seriously. “People do not see the real estate agency as a serious business, like say architecture or engineering. With the awards, we hope to promote the estate agency practice,” he tells StarBizweek.