News: brunei property investment

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

Bina Puri plans RM1.5b resort development

Bina Puri is in talks with local developers and foreign parties for the Kota Kinabalu project which will feature hotels, resorts, high-end condos and villas.
Bina Puri Holdings Bhd is planning a luxury resort development in Kota Kinabalu that could cost more than RM1.5 billion.
Bina Puri Construction Sdn Bhd (BPCSB) managing director Datuk Henry Tee Hock [...]

Bina Puri wins RM185m job

Bina Puri Holdings Bhd, one of the largest construction groups in the country, has won a RM185 million contract from Mayland View Sdn Bhd to build a 38-storey serviced apartment building in Jalan Kuching, Kuala Lumpur.
It beat companies like the China-listed Beijing Urban Constructive Group Ltd and local construction and engineering firm Setiakon.
The contract is [...]

Bina Puri working hard to fatten up its order book

BINA Puri Holdings Bhd, one of Malaysia’s largest construction groups with RM4.2 billion jobs in hand, will continue to aggressively tender for new projects to sustain growth in earnings and bring the group to a higher level.
It has ongoing projects in Malaysia, Pakistan, Thailand, Brunei and Abu Dhabi, but is aiming for more work in [...]

Low property purchases by MM2H participants

GEORGE TOWN: If each of the 11,738 participants of the Malaysia My Second Home (MM2H) programme between 2002 and 2008 were to invest in a residential property, the country would have recorded RM7.8bil worth of sales from them. But the actual sales amounted to RM407mil as only 510 of them bought houses during this period.

Tang [...]

Bina Puri takes aim at Mideast region

BINA Puri Holdings Bhd, a construction group in which tycoon Tan Sri Syed Mokhtar Al-Bukhary holds a minority stake, is increasingly looking towards the Middle East to replenish its order book amid the global slowdown.
Already, it has bid for some RM2.5 billion worth of jobs including the construction of high-rise residential and office towers there.

Founder [...]

Accor Group eyes Malaysia for Ibis Hotel

French multinational corporation, Accor Group is eyeing Malaysia for its economy hotel chain, Ibis Hotel, given the rising interest in the country as a top tourist destination in the region.
Ibis is Accor’s economy hotel brand, which has expanded rapidly around the world and become the European market leader in the economy hotel industry and one [...]

Plans for RM220m housing projects in KK industrial park

KKIP Sdn Bhd (KSB), developer of the Kota Kinabalu Industrial Park (KKIP) in Sabah, will launch four housing projects worth RM220 million within the 1,344.51ha integrated park, its chief said.
From June this year, KSB will offer 750 houses, priced from RM190,000 to RM500,000 each. They include apartments, terraced and semi-detached houses, bungalows and townhouses.
These are [...]

Paragon pushes ahead despite property slip

Carpet maker Paragon Union Bhd may have slipped on a property deal but it is still keen to invest in the business further.
The company, which makes carpets for cars, hotels and offices, had tasted success when it sold all its houses under the Paragon Heights project in Bukit Jalil, Selangor.
Its latest plan to take over [...]

For Sale – Below Market Value Luxury Apartments in Belek (Turkey), Opposite a Colin Montgomerie Golf Course

Situated in the property hot-spot resort town of Belek, Turkey are these highly affordable and modern luxury apartments, offering buyers a chance to invest in a strong property market at a very low price.

These apartments are only a short walk from the town centre of Belek. Belek is home to a range of charming bars [...]

For Sale by Owner – 2 Bed Apartment KLCC Apartment in Hampshire Residences (1270 Sq. FT)

A unique and spacious 1270sqft ♠ centrally located in the heart of the Golden Triangle in KLCC, the heart of the Malaysia economy, just 5 minutes walk from the world-famous Petronas Towers is for sale by owner. The apartment is luxuriously furnished with contemporary designer furniture, fitted kitchen, walk-in wardrobes, Hansgrohe fittings and broadband ready. [...]