Find What You Need

Logo

From Real Estate History

31 October

Home
2 News Found for 31 October
1

31 October 2003

Malaysia's Petronas Towers Becomes World's Tallest Residential Building

Malaysia's Petronas Towers Becomes World's Tallest Residential Building

On October 31, 2003, the Petronas Towers in Kuala Lumpur, Malaysia, officially claimed the title of the world's tallest residential building, marking a major milestone in architectural and urban innovation. Standing 452 meters tall, the twin towers symbolized Malaysia’s rapid modernization and its emergence as a global real estate powerhouse. Designed by architect César Pelli, the towers blended Islamic-inspired geometry with cutting-edge engineering, setting new standards for structural design and urban luxury. The event triggered international recognition for Malaysia’s construction industry, with global investors and developers turning their attention toward Southeast Asia. The Petronas Towers became not only an architectural icon but also a driver of Malaysia’s tourism and high-end housing market, reshaping Kuala Lumpur’s skyline forever.

▪References:

International Real Estate Records, Architectural Digest 2003
Views
1
2

31 October 2011

Islamabad's Blue Area Commercial Property Prices Hit Record High

Islamabad's Blue Area Commercial Property Prices Hit Record High

On October 31, 2011, commercial property prices in Islamabad's Blue Area reached record levels, signaling the capital’s growing role as a business and investment center. The 45% annual increase in property value was driven by rising demand from corporate sectors, foreign investors, and financial institutions. Limited space availability and growing interest from multinational firms turned Blue Area into Pakistan’s most expensive business district. The surge reflected Pakistan’s expanding economy, boosted by telecom, banking, and IT industries. Urban planners hailed the development as a sign of modernization and investor confidence, setting the stage for Islamabad’s future as a regional commercial powerhouse.

▪References:

Islamabad Real Estate Market Report 2011
Views
1

More from On This Date

Gujrat Development Authority Begins Model Town Gujrat Housing Scheme to Manage Urban Expansion
Gujrat Development Authority Begins Model Town Gujrat Housing Scheme to Manage Urban Expansion

On November 15, 1986 the Gujrat Development Authority launched the Model Town Gujrat Housing Scheme to address rising population pressure and the need for organized residential expansion. During the 1980s Gujrat was transitioning from a semi-rural district center to a rapidly urbanizing city influenced by overseas remittances and growing domestic i...

Read More →
Paris Begins Haussmann-Style Suburban Expansion to Manage Industrial Growth
Paris Begins Haussmann-Style Suburban Expansion to Manage Industrial Growth

On November 12, 1885, Paris initiated a large-scale suburban expansion project inspired by Baron Haussmann’s earlier urban reforms. The French government sought to manage rapid industrial growth and population pressure by extending planned boulevards and housing layouts beyond the city walls. The expansion included public transport integration, w...

Read More →
Early Cooperative Housing Model in Calcutta
Early Cooperative Housing Model in Calcutta

On October 10, 1924, the Registrar of Co-operative Societies in the Bengal Presidency recorded one of the earliest applications for a Residential Cooperative Housing Society in Calcutta, now Kolkata. This marked a turning point in South Asia’s urban development when the cooperative principle, previously used for credit and agriculture, was extend...

Read More →
First Recorded Urban Land Auction in Melbourne
First Recorded Urban Land Auction in Melbourne

On October 10, 1885, Melbourne witnessed one of the most significant property events in its urban history when the city hosted its first large scale public land auction in the growing suburbs south of the Yarra River. At that time, Melbourne was experiencing a remarkable economic and population boom driven by gold rush prosperity, migration, and in...

Read More →
The Florida Land Boom of the 1920s The Florida Land Boom is widely regarded as the first major speculative bubble of the modern real estate era, a period when land could change hands several times within a single day, each transaction multiplying its price
The Florida Land Boom of the 1920s The Florida Land Boom is widely regarded as the first major speculative bubble of the modern real estate era, a period when land could change hands several times within a single day, each transaction multiplying its price

Exactly one century ago, on 23 December 1925, the most famous real estate phenomenon in American history stood at its absolute peak. Across Florida, particularly in Miami and Palm Beach, the purchase of land had transformed into a national obsession. The promise was simple and intoxicating: fortunes could be made overnight. At the height of the boo...

Read More →

Discover more from SyedShayan.com

Model Town Lahore A Modern Society Established within the Ancient Forest of Lahore (Episode 7)

Model Town Lahore A Modern Society Established within the Ancient Forest of Lahore (Episode 7)

The acquisition of land for the Model Town Society was one of the most remarkable and spirited chapters in its early history. Dewan Khem Chand and his...

Read More →
Where Did the 500 Acres of Model Town Land Go (Episode 5)

Where Did the 500 Acres of Model Town Land Go (Episode 5)

Between 1921 and 1924, the land for Model Town Lahore was acquired in successive phases. The process began in 1921, shortly after the establishment of...

Read More →
Lahori Chacha (Part 2) <br> Lahori Chacha’s Outburst and the Emotional Language of Protest

Lahori Chacha (Part 2)
Lahori Chacha’s Outburst and the Emotional Language of Protest

▫To hurl abuse is akin to punching someone with your tongue.▫The question is whether Chacha’s words about national leadership are merely condemnable, ...

Read More →

Select Date