New parks in the capital

The Phnom Penh Post reports that the new and improved parks are providing Phnom Penh residents some much-needed respite from the squeeze of the capital city’s increasingly cramped quarters.

The Wat Botom, Hun Sen, Vimean Ekreach and Wat Phnom parks have all undergone makeovers and are drawing hoards of locals to relax, exercise, picnic or loll with their sweethearts.

SOURCE: The Phnom Penh Post – New parks: too little, too late for capital?.

China quake prompts call for back-up copies of urban files-Xinhua

The Ministry of Housing and Urban-Rural Development has urged cities across the country to keep extra copies of local urban planning files in other localities to preserve data against emergencies and disasters.

In the devastating May 12 earthquake in southwest China, such files in many regions, including Wenchuan, Beichuan and Pingwu, were either buried, destroyed or severely damaged.

SOURCE: XinhuaChina quake prompts call for back-up copies of urban files

Star architects bid to design new center for South Korean capital as 21st century model city – International Herald Tribune

An all-star group of international architects bidding for the chance to design a new urban center for the South Korean capital said Tuesday the vast site offered a rare chance to create a model for 21st century cities.

Five top architecture firms behind many of the world’s recent iconic structures are being given US$1 million each to propose a master plan for the 28 trillion won (US$27 billion) Yongsan business district.

SOURCE: International Herald TribuneStar architects bid to design new center for South Korean capital as 21st century model city 

Property outlook robust – The Standard

Hong Kong’s home prices and rents are expected to continue rising in the second half despite higher mortgage rates and other external factors.

Ricacorp Properties said yesterday that as of last Friday, there were 64,342 deals in the housing market in the first half – an 11-year high – driven by a 27 percent jump in sales in the secondary market to 56,468 units totaling HK$187.6 billion, a 48 percent increase over the previous year.

SOURCE: The Standard – Hong Kong’s First FREE English Newspaper.

SUrban development project underway

As part of the 2007-2011 Strategic Policy of Urban Apartment Developments, five projects are now underway in the city, including Menara Cawang in East Jakarta, City Park in Cengkareng and Kebagusan City in South Jakarta.

The development project came about after the failure of the Indonesian government’s 2003 National Development of One Million Houses program,

SOURCE: The Jakarta Post – Urban development project underway.

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