Overseas Property Investment

Online asking prices of S$50m for posh homes not unusual in S’pore Singapore: A luxury bungalow in Sentosa Cove with a staggering S$108mil price tag. A huge, swanky condo unit in Cuscaden Walk on sale for a cool S$68mil. Homes are being tagged with a level of prices never seen before here. Online asking prices [...]

PETALING JAYA: SP Setia Bhd will be embarking on a mixed residential development project with a gross development value of RM1.1bil in Penang after acquiring freehold land in the state. In a filing with Bursa Malaysia, the company said it had acquired 21.3 acres in the north-east Penang Island district of Timor Laut for RM185.6mil. [...]

To be occupied soon: The abandoned Phase 1 low-cost flats in Jalan Kuang Gunung, Taman Kepong. BUYERS of the abandoned Phase 1 low-cost flats in Jalan Kuang Gunung, Taman Kepong, can expect to move in by August next year after waiting for almost seven years. Housing and Local Government Minister Datuk Chor Chee Heung said [...]

OSK Property Holdings Bhd recorded a higher pre-tax profit of RM19.36 million for the first quarter ended March 31, 2012 compared with RM12.05 million in the same period in 2011. Revenue, however, fell to RM51.04 million from RM61.16 million previously. In a filing to Bursa Malaysia today, it said the improved pre-tax profit was due [...]

KPJ Healthcare Bhd’s unit, Kumpulan Perubatan (Johor) Sdn Bhd is acquiring a parcel of commercial land in Tebrau, Johor for RM45 million. In a statement to Bursa Malaysia here today, KPJ said a private specialist hospital would be built on the 5.4-hectare land, which in turn would expand its customer base thus contributing positively to [...]

A worker rests on his shovel at a road construction site as cranes are seen in the background at a residential area under construction in Beijing. China’s residential real estate investment grew only 4% year-on-year in April. — Reuters HONG KONG: China’s property chickens are coming home to roost. Last week’s economic data show that [...]

Hektar Asset Management Sdn Bhd, the manager of Hektar Real Estate Investment Trust (Hektar REIT), today announced it has obtained the Securities Commission’s (SC) approval for its proposal to increase its fund size and list new units on the Main Market of Bursa Malaysia Securities Bhd. With the approval, Hektar REIT is looking to increase its [...]

Malaysia is slowly becoming a popular destination for foreign property buyers around the region, particularly Singaporeans, not only because of geographical reasons but also of its affordability. Chief Executive Officer and Founder of PropertyGuru Group Steve Melhuish said there was an enormous amount of pressure among Singaporeans to look for affordable housing especially with government [...]

Property developer Hua Yang Bhd has launched its first ever small office, home office (SOHO) development, Flexis@One South. The first of its kind in Seri Kembangan, Flexis@One South features various architectural innovations and contemporary design styles that appeal to young, urban buyers especially first-time homeowners. “Estimated at RM200 million in gross development value, Flexis @One [...]

Property ID: 5826511Playa del Ingles, Province of Las Palmas, Canary Islands, SpainGBP: 253,039Residential Property, House, Bungalow, 3 Bedrooms