News: asia property investment

The most recent asia property investment news from a variety of international property news sources.

CapitaMalls may seek venture in Vietnam

CapitaMalls Asia Ltd, the retail property unit of Southeast Asia’s biggest developer, may seek shopping-center ventures in Vietnam after expanding in markets including China and India. Singapore-based CapitaMalls may collaborate with its parent company CapitaLand Ltd to explore “interesting opportunities” in Vietnam, Chief Executive Officer Lim Beng Chee said. CapitaLand, which is building homes in [...]

Press Release: Office Rents in Asia Rise 2.1% Ending Seven Consecutive Quarters of Decline

Greater China leads regional growth in demand for premium office 4 August 2010 Asia — Asia’s leading commercial centres recorded impressive growth in office demand in the second quarter of 2010 as the steady regional economic recovery encouraged multinational companies to reactivate expansion plans suspended earlier after the onset of the global financial crisis, according [...]

International Property News Beat – Carlos Slim’s Mansion, Brazil Real Estate & Property Bubbles

China’s Real Estate Bubble Threatens to Burst [Spiegel] The World’s Richest Man’s New Mansion [Forbes] Billionaire Slim’s Firm Pays $44 Million for Landmark Manhattan Mansion [Bloomberg] The Aftermath Of The Global Housing Bubble Chokes The World Banking System [Business Insider] Reckless Europe beats reckless America at property bubbles [Telegraph] Brazil’s Government Focusing More On Attracting [...]

Conservative Asian Buyers Snapping Up Distressed US Property

A survey by a US realtors group has highlighted a remarkable rise in the number of Asian and Asian-Americans buying houses in the US. The consensus is that the demographic primarily avoided being caught in the housing crash, because they tend to be conservative towards property purchases, and that now they are capitalising on the [...]

Malaysia housing development still active

Housing development in Malaysia is still active due to the rapid growth of urbanisation and is expected to increase from 67 per cent this year to 75 per cent by 2020. Housing and Local Government Minister Datuk Wira Chor Chee Heung said the property sector is doing well based on positive sales by property developers. [...]

RHB Invest buys 30.6m Sunway REIT shares

RHB Investment Bank Bhd, the appointed price stabiliser for Sunway Real Estate Investment Trust Bhd (Sunway REIT), has been buying the shares over the past 14 days to help stabilise price of Sunway REIT shares. It bought some 30.6 million shares of Sunway REIT in stages over the past two weeks from prices ranging from [...]

Malaysian malls in regeneration phase

The key theme for Malaysian shopping malls over the next decade is regeneration. It is a transformation that includes both an extension of an existing mall or an extensive makeover of a mall, Malaysian Association for Shopping Complexes and Highrise Complex Management (PPK) president HC Chan said. “After a 35-year history of malls, we are [...]

Carlson opens new Radisson Hotel in Indore

Global hospitality chain Carlson on Sunday said it has opened a new luxury Radisson Hotel in Indore, taking the number of properties it operates in the country to 30. Carlson opened its 30th property, Radisson Hotel, with 201 rooms, at Indore in Madhya Pradesh. Carlson tied up with real estate developer Bestech Group for building [...]

Sarawak to host infrastructure conference

SARAWAK hopes to attract both foreign and local investors to its shores by hosting its first Asian infrastructure exhibition and conference in Kuching in March next year. Sarawak Minister of Infrastructure Development and Communications, Datuk Seri Michael Manyin Anak Jawong, said the infrastructure in Sarawak will be as developed as that in Peninsular Malaysia by [...]

Project to develop Sabah into choice destination in Asia

SABAH Deputy Chief Minister Tan Sri Joseph Pairin Kitingan says Sabah would be developed into an internationally recognised destination of choice in Asia for business and leisure by 2025 under the 18-year Sabah Development Corridor (SDC) Project. “Tourism, logistics, agriculture and manufacturing sectors will be the main focus of SDC, and shall be guided by [...]