Overseas Property Investment

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

MUMBAI: Real estate firm Lodha Developers has raised Rs 500 crore by selling a 10% stake in a project to develop a 117-storey residential tower in Mumbai to HDFC Venture Funds. “The deal shows the investor’s appetite for quality real estate projects in India,” said Abhisheck Lodha, the managing director of Lodha Developers. HDFC Venture [...]

Australia’s residential market appears to be shifting gears after more than a year of steep growth, however short supply and economic strength should help sustain prices. Australia’s population is on the rise, and a major housing shortage threatens the country. Meanwhile developers are complaining…

The recent downturn in Australian real estate prices does have an upside. With prices falling, it is less likely that  interest rates will be raised, and there are now fewer concerns about the market reaching bubble status, after an extended period of steep growth. Strong fundamentals and short…

Further evidence has emerged that the Chinese government’s efforts to cool the housing market are finally bearing fruit. According to the government index of 70 cities, house prices fell 0.1% in June compared to May, the first month on month decline since March last year according to experts. Experts believe that this is the first [...]

A performing arts centre to rival Australia’s Sydney Opera House, waterfront retail promenade and an international standard marina are among the attractions property developer IJM Land Bhd will unveil when it launches the second phase of its flagship waterfront “The Light” development in Penang at the end of the year. Its managing director Datuk Soam [...]

SINGAPORE: Starhill Global Real Estate Investment Trust, a Singapore-based investor in retail and office buildings, got S$496mil (RM1.16bil) of three-year loans from five banks, according to a Singapore stock exchange statement. DBS Holdings Ltd, Oversea-Chinese Banking Corp, Commonwealth Bank of Australia, Societe Generale and ING Groep NV provided the loans, which include a S$50mil revolving [...]

Along with affordability issues and rising interest rates, Australia’s winter slowdown is contributing to slack sales and price falls. Bidders are scarce despite limited new stock of upscale property in Australia’s capital cities, while a surge in expected listings in Melbourne may hurt housing prices…

The Star’s regional editor (north) Choi Tuck Wo met up with Kuala Lumpur-based and Penang developers on what needs to be done further to promote Penang as a real estate investment destination. The panellists of the roundtable included investPenang executive committee chairman Datuk Lee Kah Choon, Henry Butcher Malaysia (Penang) director Dr Teoh Poh Huat, [...]

iProperty.com Malaysia will present its Expo Luxury Collection 2010 at the Kuala Lumpur Convention Centre from July 30 to August 1, 2010. The three-day event, with a total exhibition space spanning some 6,000 square metres, features over 100 property developers showcasing over 300 developments across the world, iProperty.com said in a statement today. The expo, [...]

PETALING JAYA: Jones Lang LaSalle’s Global Real Estate Transparency Index 2010 report, which quantifies real estate market transparency, shows Malaysia slipping two places from 23rd in 2008 to 25th out of 81 countries, Jones Lang Wootton (JLW) said in a statement that Malaysia remained a “transparent” market and the third most transparent country in South-East [...]