News: expo property investment

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

Indians 4th top property buyers in Malaysia

CHENNAI: Indians spent almost RM500 million over the last seven years purchasing properties in Malaysia, making them the fourth biggest property buyers in Malaysia.
International Trade and Industry Minister Datuk Mustapa Mohamed said after Singapore, United Kingdom and South Korea, cash-rich Indians have emerged as major investors in Malaysia’s property sector.
“India is now the fourth highest [...]

Navi Mumbai expo sells 5,000 flats in three days

MUMBAI: A property exhibition at Navi Mumbai not only drew in huge crowds but also did big business—about 5,000 flats were sold in three Initially, most Navi Mumbai builders were reluctant to participate in the three-day exhibition because of the recession. By Monday, they were buoyed by the unexpected response. “According to rough estimates, the [...]

Profiling the Recovery Part I: America

Knowing — or maybe believing is a better word — that property markets and economies around the world are on the way back up sure is a nice feeling. It may be a short-lived feeling, because according to some there are signs that the short-lived positivity will end as quickly as it begun.
I am not [...]

China c.bank to monitor property market in 2010

BEIJING: China’s central bank said on Wednesday, Jan 6 that it will pay particularly close attention to the property market in 2010 while managing inflationary expectations, according to a Reuters report,
The central bank’s focus on housing prices makes clear its intention to consider asset markets in its formulation of monetary policy at a time when [...]

MICE sector poser

The Malaysia International Furniture Fair has been held in multiple locations in recent years due to the lack of space.
MALAYSIA has some of the finest exhibition and convention centres in the region, but it needs to beef up its MICE (meeting, incentive, convention and exhibition) sector if it wants to garner a larger slice of [...]

CIMB selling properties for RM302mil

KUALA LUMPUR: CIMB Group Holdings Bhd said yesterday that it is disposing 65 properties to the Employees Provident Fund (EPF) for RM302.5mil as it is not in the business of owning properties.
The group was expected to gain up to RM171mil from the disposal, it said in a filing with Bursa Malaysia.
The rationale of the disposal [...]

Mendoza, Argentina Real Estate: The Next Napa Valley

Sitting at the foot of the Andes, Argentina’s Mendoza province is quickly gaining a reputation as the "next Napa". With a soil and climate perfect for wine production, amazing real estate values and demand for wine expected to grow exponentially in the next four years, Mendoza is an attractive…

Building-for-land deal with a slightly different model

About three weeks ago, Naza TTDI Sdn Bhd surprised the market when it announced it was going to build a RM628mil expo centre for the Government in exchange for 65 acres of state land in Jalan Duta, Kuala Lumpur, in the vicinity of the Malaysia External Trade Development Corp (Matrade).
The total gross development value (GDV) [...]

Naza to hold PC soon over recent deal with Government

NAZA Group will call for a press conference soon to address the many questions that have arisen after the group recently signed a building-for-land deal with the Government.
Naza’s property arm, Naza TTDI Sdn Bhd, will receive 65 acres of prime land in the Jalan Duta area in Kuala Lumpur for building a RM628mil expo centre [...]

All about affordable housing

MYSORE: The city will host the annual MyBuild, an exhibition of construction industry, from December
The Builders Association of India, Mysore centre, has teamed with the Confederation of Real Estate Developers Association of India for the expo. The exhibition at the Chamundi Vihar stadium will be on till December 14 and is bringing builders, consultants and [...]