Overseas Property Investment

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

Listing of Kosmopolito, a unit of Far East Consortium International, to include five Malaysian hotels, sources say Hong Kong-based Far East Consortium International Ltd (FEC) plans to include all five Malaysian hotels in a planned listing of its unit on the main board of the Hong Kong Stock Exchange, sources say. It is understood that [...]

PETALING JAYA: I-Bhd executive chairman Tan Sri Lim Kim Hong is meeting top developers from Asian countries to discuss the expansion of the RM2bil I-City project in Shah Alam. “We are looking for a big brand that is strong in property development to spearhead the next phase of growth in I-City,” he told StarBiz yesterday, [...]

Many of the world’s biggest economic crises in recent years originated from property bubbles. The list includes the US “subprime” crisis (2008), Japan’s economic stagnation (1992 onwards); and the financial crisis in Sweden (1991), Finland (1991), Norway (1987) and Spain (1977). They were all largely triggered by property bubbles popping. Today, it is therefore understandable [...]

BEIJING: Chinese property prices in June recorded their first monthly fall since February 2009, providing further evidence that a government drive to let the air out of an inflated market is working. Average prices in 70 cities edged down 0.1 per cent from May, lowering the annual property inflation rate to 11.4 per cent in [...]

Perceived value and affordability are attracting increasing numbers of foreign investors to the US real estate market. Nearly a quarter of these foreign buyers are from Canadian, while buyers from Mexico, the UK and China/Hong Kong are also major players. Cash sales account for over half of purchases…

KUALA LUMPUR: VPC Asia Pacific Ltd, a regional grouping of international property consultants, is looking to expand its property valuation practices to Britain and the Middle East via its partnership with Britain-based Cluttons LLP, a leading chartered surveying firm, according to regional chairman James Wong. James Wong (extreme left) shakes hands and exchanges documents with [...]

Binjai is the only condominium located on the 50-acre KLCC Park. Some property consultants believe it is the Malaysia’s largest condominium transaction KUALA LUMPUR: The Binjai On The Park development in Kuala Lumpur City Centre (KLCC) caused a stir in the property market when one of its two super penthouses was sold last month for [...]

PETALING JAYA: Jones Lang LaSalle’s Global Real Estate Transparency Index 2010 report, which quantifies real estate market transparency, shows Malaysia slipping two places from 23rd in 2008 to 25th out of 81 countries, Jones Lang Wootton (JLW) said in a statement that Malaysia remained a “transparent” market and the third most transparent country in South-East [...]

For many, “Putrajaya” is often associated with the “Federal Government.” And it’s not difficult to see why. One just have to drive through Putrajaya Boulevard, a stretch of road flanked by formidable, uniquely designed Government buildings with the word “Ministry” on nearly every one of them. Datuk Azlan Abdul Karim … ‘When we built Putrajaya, [...]

Property developer IJM Land Bhd has seen overwhelming response from Korean buyers for its RM500 million The Pearl Regency development on Penang island. Apart from an en bloc sale of the entire commercial portion of the project comprising 83 commercial units worth RM90 million to a Korean party, IJM has also seen 40 per cent [...]