Overseas Property Investment

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

DUBAI: Malaysian contractors are currently working on 51 projects worth US$10bil in the Middle East and are eyeing for more amid a projected upswing in construction demand. The majority of projects are in United Arab Emirates, Saudi Arabia, Qatar, Bahrain, Oman, Syria, Iran, Jordan and Yemen, the Malaysia External Trade Development Corp (Matrade) said in [...]

The La Hoya Bay saga continues… For those who do not know: La Hoya Bay is a luxury resort development on the United Arab Emirate of Ras al Khaimah, that started in November 2007 but has yet to be started. Let me rephrase that, ground was broken in La Hoya Bay in November 2007, but [...]

CENTRAL Malaysian Properties Sdn Bhd (CMP), a private property developer controlled by Berjaya Group’s Tan Sri Vincent Tan Chee Yioun, expects its Lido Boulevard waterfront project in Johor Baru to boast of more than RM4 billion in gross development value (GDV) over five years. CMP will build, among other things, high-end condominiums, hotels, office suites, [...]

YTL Corp Bhd, a diversified group with interests in property and power generation, is on the lookout for hotels and resorts in Asia-Pacific and Europe to grow its hospitality business. The company, which is sitting on a huge cash reserve of more than RM10 billion, wants to buy completed properties, or build new ones, and [...]

Most Non-Resident Indians think a lot before investing in property in India and most of the time put off the plan due to the effort, the research and the planning involved. In some instances, it is put off as they do not have enough funds. For such individuals there is always the NRI home loan. [...]

With real estate prices in China booming, Chinese investors are seeing the investment potential in Dubai’s hard-hit market. Chinese expatriates already have a strong presence in the emirate region, and are among the major property investors who weathered steep declines this past year in the Dubai market…

DUBAI: Dubai’s housing rout sent prices down 52% in the past year, prompting some homeowners to abandon their cars and mortgage payments and flee the country. Not one received a foreclosure notice. Barclays Plc won the sheikdom’s first foreclosure cases in court, clearing the way for lenders holding about US$16bil of Dubai home loans to [...]

It’s a new year and many folks would be wishing for a speedy recovery of the global and national economy to promote greater wealth and job creation for the people. It has been a dizzying past two years and many lessons that can be learned from the challenges that have unfolded – the latest being [...]

Having been dropping like a stone thanks to the global economic crisis, Dubai property prices have finally risen again, according to real estate consultancy Colliers International – by 7% in the third quarter. This is the first rise since the emirate’s property market crashed at the end of 2008. Investors who bought during the boom [...]

Fireworks light up, Burj Khalifa , the world’s tallest building during the official opening ceremony in Dubai, United Arab Emirates, Monday. (AP Photo/Kamran Jebreili) DUBAI, United Arab Emirates: Dubai opened the world’s tallest skyscraper Monday in a blaze of fireworks, then added a final flourish: It renamed the tower for the head of neighboring Abu [...]