Overseas Property Investment

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

A combined buyers’ association has never really taken off in India. In real estate the government sponsored cooperative housing concept did proliferate during the socialist years but it has since died down. In the US, buyers get together on the Internet and negotiate with manufacturers of televisions, music systems and other goods to buy nearly [...]

Since 2007, at least 50 agreements have been signed between GIFT and several firms, but all of them have lapsed Gujarat’s bid to set up a global financial hub similar to Shanghai, Tokyo and London, projected as a dream project of chief minister Narendra Modi, continues to be wrapped in uncertainty. The `73,000 crore Gujarat [...]

KUALA LUMPUR: AmFIRST Real Estate Investment Trust has registered a revenue of RM25.11mil for its first quarter ended June 30, 2010, up by 6.17% from RM23.65mil in the same quarter last year. Its net property income rose 15.94% to RM17.66mil from RM15.23mil previously. However, the company’s income after tax declined marginally to RM9.94mil from RM10.58mil [...]

With the opening of 20 malls in the Klang Valley with a total net floor area of 4.4 million sq ft this year, the retail property market is likely to face an oversupply situation with pressure on rental rates, property consultants say. Many shopping mall projects that were put on hold are back on track, [...]

Mumbai: The commercial lease and rental space in India will witness a low occupancy rate till 2011, indicates the latest report by Confederation of Indian Industry (CII) and Jones Lang Lasalle Meghraj. The report, ‘The Seven Stars of India – India’s best performing micro markets for occupiers’ consist the trend and forecast on realty rental [...]

What’s happening? Residential property prices in Mumbai and NCR are increasing sharply; average increases of 18-20 per cent over the past 12 months Ready possession properties in both cities are seeing as much as 40 per cent spikes in prices Price of housing in both cities is reaching a crisis point; unaffordable for the middle [...]

A proper recce of the house and area may help clinch a great deal During the monsoon, construction activity slows down and very few projects are launched. Every year, between March and September, builders find themselves in a situation when buyers are few. Reason: Many people consider it inauspicious to buy during this period. This [...]

A survey by a US realtors group has highlighted a remarkable rise in the number of Asian and Asian-Americans buying houses in the US. The consensus is that the demographic primarily avoided being caught in the housing crash, because they tend to be conservative towards property purchases, and that now they are capitalising on the [...]

Malaysia’s property market is due to stay vibrant in 2010 due to low borrowing costs, easier foreign ownership rules and a new home purchase scheme by the nation’s biggest pension fund. Last year, there was a 0.7 per cent drop in the total number of property transactions but the number of unsold properties fell by [...]

Research by leading London Estate Agent Knight Frank has revealed that the number of nationalities buying up prime property (£2 million+) in London has risen to 51, as buyers from far-flung destinations like Malaysia, Iran and Brazil join the traditional Russian and club-med buyers in taking advantage of the weak pound. According to the data, [...]