News: event property investment

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

WEBPOWER ACCOR Super Sale Hits 750,000 Visitors In Single Day

French hotel giant ACCOR who’s internet sales events have become a key low season strategy each year, have generated over three quarters of a million web visitors in a day.

Johor second half outlook positive

Sweetener: Johor Baru’s close proximity with Singapore has attracted buyers to properties in Iskandar Malaysia. The outlook for the Johor property market is likely to remain positive in the second half of the year based on the number of property transactions taking place in the state. Johor Real Estate and Housing Developers Association (Rehda) branch [...]

‘Property bubble burst unlikely in Malaysia’

A property bubble burst is unlikely to happen in the Asia Pacific, including Malaysia, as there are no signs to indicate such a trend in the next two years, says AmInvestment Bank Group. Director for Retail Funds Ng Chze How said real estate investment trusts (REITS) would also not experience a burst including those acquired [...]

Plugging the gaps in urban renewal

Urban renewal is necessary if cities are to thrive. When cities thrive, the country progresses. From Penang to Ipoh, Kuala Lumpur to Johor Baru, the major cities in Malaysia are heading towards urban renewal. It is not unique to Malaysia. Singapore’s most recent renewal programme is the Selective En bloc Redevelopment Scheme, or SERS (see [...]

Development needs people

In any renewal programme, the question to ask is the carrying capacity of the city because ultimately structures do not make a city, people do. Very often, in the enthusiam of having new structures to bring glory to a city, the carrying capacity is forgotten, says PJ councillor Mak Khuin Weng. In the case of [...]

Developers be warned, China’s a tough market

KUALA LUMPUR: More developers are venturing into China’s property market but their investments may be at risk because of red tape and fears of overheating, analysts say. A MIDF Research analyst said the China market is a tough one to conquer without good connections with local authorities and partners who can deal with changing rules. [...]

Tanah Sutera sells green concept to house buyers

Shum (left) and senior sales manager Daniel Tan with a model of the three-storey Garden and Duplex Suites of The Seed @ Sutera Utama. Buying a property at The Seed @ Sutera Utama in Johor Baru is similar to taking an oath of allegiance to take care of the environment for the present and future [...]

Sunway City – The most profitable company in the property and REIT sectors

From left to right: The Edge chairman Datuk Tong Kooi Ong; Minister at the Prime Minister’s Department Yang Berhormat Datuk Seri Idris Jala; Sunway City Berhad director of strategic & corporate development Sarena Cheah and OCBC Bank (Malaysia) director and CEO Jeffrey Chew. Sunway City Berhad (Sunway City) was recognized at the Edge Billion Ringgit [...]

Hoteliers Speak Out at Summit

Hotel owners and financiers in the hotel business gathered to talk about the current market climate at the Midwest Lodging Investors Summit, a three-day event held in Chicago in July. The topic of one panel discussion entitled “Cleaning Up Distress” focused on distressed hotel properties…

Burba Rolls Out Hot.E

Leading hotel investment organized BHN (Burba Hotel Network) are unveiling a new event in London called Hot.E.