Overseas Property Investment

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

PROPERTY developer Magna Prima Bhd will launch five projects, worth a combined RM1.2 billion, in the Klang Valley in the second half of the year.
Its chief executive officer Yoong Nim Chee expressed optimism of a pick-up in the property market and said the projects would be launched starting June or July.
They include the much-anticipated Magna [...]

With the world’s attention turning to the Winter Olympics in Whistler, Canada, a major ski venue in the Games is facing foreclosure. Olympic officials insist the situation poses a minimal threat of disrupting events, and Canada’s government would reportedly intervene to prevent that embarrassment…

The Pune’s boundaries are growing in all directions. Adding another totally new dimension to the city is the rush of integrated townships into Pune.
The city is ready to reap a rich harvest for those having the capacity to invest and develop large tracts of land and put in the physical and social infrastructure.
This is what [...]

Concerns raised by the World Bank suggest that China may need to ramp up anti-speculation efforts, after a prolonged period of soaring property prices. The question remains whether measures such as restrictions on second-home loans, and elimination of tax breaks on resold property, will be enough to…

Sime Darby Property, a unit of Malaysia’s Sime Darby Bhd, plans to sign a joint venture agreement with a local partner to develop an “integrated commercial project” in its Bukit Jelutong township, outside of Kuala Lumpur.
The company will sign the agreement tomorrow, it said today in an e-mailed invitation to the event, without naming the [...]

The property market in Malaysia is on an upward trend with middle class suburban property prices rising driven by the steady stock market movement.
Ho Chin Soon, director of Ho Chin Soon Research, a property company that specialises in land use and ownership maps, said the KLCI which has been moving upwards from 2009 to 2010, [...]

KUALA LUMPUR: Naza Group, Malaysia’s biggest luxury vehicle importer, has lined up RM6.4bil of property projects this year and is in talks for its first overseas real estate foray in China.
The company, picked by Peugeot Automobiles this month to lead its expansion in South-East Asia, aims to more than double its property unit’s revenue to [...]

Mumbai-based real estate developer Wadhwa Group acquired a plot measuring18.18 acres from Hindustan Composites Limited for Rs. 571 crore. The site is located at Lal Bahadur Shastri Marg (LBS Marg) at Ghatkopar in west Mumbai.
This site is abutted by multi-storeyed residential complexes of renowned developers. It is opposite one of Mumbai’s largest brand malls and [...]

The Malaysian Institute of Estate Agents (MIEA) has been organising its yearly Malaysian Annual Real Estate Convention for more than 10 years now, with its latest instalment in 2010 (popularly known as MAREC 10) scheduled on Jan 23 and 24 at the Putra World Trade Centre in Kuala Lumpur.
Estate agents and other property professionals throughout [...]

The opening of the Resorts World Sentosa, Singapore’s first integrated resort, will not affect tourist arrivals in Malaysia.
“We will grow and will not be cannibalised because the pie will grow. More visitors will come especially if the economy recovers.
“So, the important thing is to make it a more complete experience,” Genting Group Chairman Tan Sri [...]