Overseas Property Investment

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

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, [...]

SHAH ALAM: Although Permodalan Nasional Bhd (PNB) has raised its stake in SP Setia Bhd to 32.9% which can easily trigger a general offer if it decides to further increase its stake to 33% in the coming days, the company’s president and chief executive officer Tan Sri Liew Kee Sin is unperturbed by worries of [...]

MUMBAI: The real estate arm of Indian construction and engineering firm Jaiprakash Associates, expects its recent move to affordable housing to  drive volumes and help sustain high growth this fiscal. Jaypee Greens expects to grow revenue more than 50 percent in 2009/10, helped by a spate of residential projects offering apartments around 3 million rupees, [...]

AMIDST the gloomy outlook of a weakening economy and dampened consumer sentiments, one of Kuala Lumpur’s shopping bright spots, Suria KLCC, expects total retail sales to grow for the 11th consecutive year. The premier shopping centre, housing 330 specialty stores within the 1.04 million sq ft of retail space, hopes to grow total retail sales [...]

New Delhi: Venture capital firm Accel India today said it would raise $60 million to invest in the country’s high growth sectors, including technology, media and consumer products services.Accel Partners, Venture capital, Erasmic Venture Fund The venture fund, which would invest in seed and early stage opportunities in India, has attracted top tier institutional investors [...]

BERJAYA Land Bhd (BLand), which ventured into the international property development market in a big way two years ago, has in the pipeline a number of interesting residential, commercial and resort projects abroad. While cautious of the impact of the global financial meltdown on the property market, chief executive officer Datuk Framcis Ng said: “We [...]