Overseas Property Investment

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

Swissotel to set up two hotels in Gurgaon and Bangalore along with investee companies of the PE firm. Swiss international hotel chain Swissôtel Hotels & Resorts has signed management contracts for two more hotels in India, the Swissôtel Gurgaon and the Swissôtel Whitefield, Bangalore. For both these projects, Swissôtel has partnered with different investee companies [...]

iProperty.com Malaysia will present its Expo Luxury Collection 2010 at the Kuala Lumpur Convention Centre from July 30 to August 1, 2010. The three-day event, with a total exhibition space spanning some 6,000 square metres, features over 100 property developers showcasing over 300 developments across the world, iProperty.com said in a statement today. The expo, [...]

South Asian Real Estate (SARE) and the Jubilee Group have jointly launched ‘Dewy Terraces’ a residential project in Chennai on the OMR near Thiruporur, according to a press release. This 304-unit project is a part of a100-acre property ‘Dewy Terraces’ which comprises 1-, 2-, and 3-BHK apartments of 604-1,274 sq.ft with prices starting at Rs [...]

In China, a proposed American-style property tax focused on upscale real estate in high growth ares, is being met with criticism. However, soaring prices are putting property out of reach for most of China’s citizens, and authorities are anxious to prevent a widening of the gap between classes. See…

KUCHING: Naim Holdings Bhd will launch four new residential projects, comprising some 1,000 units with a combined gross development value (GDV) of RM360mil, in Miri and Kuching over the next two years. Senior director for property Radzali Alision said the projects planned were in Naim’s flagship satellite township – Bandar Baru Permyjaya – in Miri, [...]

Gandhinagar: After clearing 10 new Town Planning (TP) schemes of Ahmedabad recently, the state government is planning to announce more new TPs for Ahmedabad. The Ahmedabad Urban Development Authority (AUDA) has submitted primary proposals for around 14 new town planning schemes for various developing areas of the state. The new schemes are: Sarkhej-Ofal-Fathewadi (86 to [...]

Artist’s impression of Sunway Opus Grand in Hyderabad PETALING JAYA: Sunway City Bhd (SunCity) is looking at a strong recovery from the dampened sales inflicted by the global financial crisis and plans to move on with its planned property projects both locally and abroad. According to SunCity managing director for property development Ngian Siew Siong, [...]

From left: Tan Sri Leong Hoy Kum, Mah Sing chairman Tan Sri Yaacob Mat Zain and Setia Haruman Sdn Bhd COO Lao Chok Keang after the signing KUALA LUMPUR: Mah Sing Group Bhd’s purchase of 46.1ha freehold land in Cyberjaya for RM130.5mil cash will spearhead its expansion into the southern growth corridor. According to Mah [...]

MALAYSIAN property companies will continue to grow both organically and through mergers and acquisitions (M&As). The question is which method of growth is better for the industry. While most Malaysian property players are moderately sized in terms of assets and market capitalisation (if they are listed) compared with their overseas peers, there will be more [...]

As developing countries around the world try to outdo each other to attract foreign investments in the aftermath of the global financial crisis in the coming months, competition is expected to heat up in all spheres of the global economy. Right in Malaysia’s backyard, there are already tough competitors vying for the foreign dollars. Vietnam, [...]