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The provisionally certified green office tower, Menara Binjai, will be installing Carrier Corp.’s state-of-the-art EvergreenTM 23XRV tri-rotor variable speed screw chillers to help reduce electricity consumption and the impact of building operations on the environment. Carrier Corp., a unit of United Technologies Corp. (NYSE:UTX), is a world leader in high technology heating, air-conditioning and refrigeration solutions, improving the world around us through engineered innovation and environmental stewardship.

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Bosch the global leader in power tools technology, celebrates 125 years of engineering excellence by launching the Bosch Power Tools Asia Cordless Race held for the first here time in Malaysia,

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The launch of Residence 8 exclusive condominium development has been announced by OCR, the property developers specialising in niche residential and commercial sectors within the Klang Valley. Tucked within the vicinity of an ever developing Old Klang Road, the luxurious condominium is popular among homeowners and investors alike since 70 percent of the units were sold during pre-launch.

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YTL Corporation is expanding its Japanese portfolio to develop and reenergize the 460-hectar Niseko Village in Hokkaido. Part of its master plan entails the introduction of the first residential property development Hinode Hill and the re-launching of the Green Leaf Niseko Village Hotel amid the greater master plan that integrates nature with its local culture.

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Malaysia Property Incorporated a Malaysian government backed initiative by the Economic Planning Unit has launched its Malaysia Property Gallery in Shenton Way, Singapore. MPI Chairman, Tan Sri Dato’ Thong Yaw Hong said that aside from helping developers tap the Singaporean market, the Malaysia Property Gallery is part of supporting the government’s agenda of attracting Foreign Direct Investment into the dynamic Malaysian real estate sector.

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The two-day 11th FIABCI Asia Pacific Regional Secretariat Summit that concluded in Medan Indonesia recently was not “talk shop” but a fruitful sharing of relevant information of prevailing real estate situation in participating countries. The summit was officially opened by the Indonesian Minister of Public Housing Bapak Suharso Monoarfa.

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Bank Negara Malaysia (BNM) had on 3 November imposed with immediate effect the maximum loan-to-value (LTV) ratio of 70% for the third house financing facility taken by a borrower as it seeks to curb “excessive investment and speculative activity in the residential property market”. The measure aims to support a stable and sustainable property market, and promote the continued affordability of homes for the general public as BNM had observed that specific locations, particularly in and around urban centers, have experienced faster growth in the number of transactions, in house prices as well as an increase in financing provided for multiple purchases by a single borrower.

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Inspired by nature, the Borneo Convention Centre Kuching stood proud as the sole Malaysian flag bearer at the MIPIM Awards 2010 in Hong Kong recently. This flagship convention centre of the state of Sarawak in East Malaysia is located just 8km away from the Kuching city center and overlooking the majestic Sarawak River in the Kuching Isthmus. BCCK commands an astounding 387,500 sq ft of space, housing up to 5,000 people in theatre-style meeting rooms and 2,000 people for banquets.

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