News: indonesia property investment

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

The Light to brighten IJM sales prospects

PROPERTY developer IJM Land Bhd remains optimistic over demand for its Penang projects this year, as it continues to unveil new offerings within its “The Light” waterfront project on the island.
“The fact that our site is protected from tsunamis is yet another advantage,” said its managing director Datuk Soam Heng Choon.

Several parts of Malaysia, including [...]

Challenging times ahead for Iskandar

JOHOR BARU: Iskandar Malaysia authorities are optimistic that the special economic corridor will continue to attract both local and foreign investors and remain an attractive investment destination despite negative media reports.

An aerial view of the ongoing coastal highway linking Johor Baru City Centre in Nusajaya.Inset:Harun Johari.
Nevertheless, outgoing Iskandar Regional Development Authority (Irda) chief executive officer [...]

SKN Land to develop two projects in KL

KUALA LUMPUR: High-end property developer SKN Land and Development Sdn Bhd plans to develop a mixed development project in Desa Pandan and a 27-storey residential project in Jalan Yap Kwang Seng.
The Desa Pandan project will involve a gross development value (GDV) of more than RM300 million while the GDV for the Jalan Yap Kwang Seng [...]

Penang properties popular among Indonesians

A view from IJM’s Parkview Towers in Bukit Jambul. Some buyers like the area’s greenery.
NORTH Sumatran cities such as Medan and Bandar Acheh provide an alternative market for Penang properties during this global recession period.

Datuk Faudzi Naim Noh … ‘Landed and high end residential properties will be exhibited at the fair.’
IMT-Gt Joint Business Council Malaysia [...]

Get out of ‘boxy’ look, says famous Indonesian designer

Sharing ideas: Wijaya showing Star Publications marketing services general manager Iris Tan (left) and Kenny Heights head of marketing Jennifer Chow the design concept of Kenny Heights.
KUALA LUMPUR: An advice to local developers and home decorators – get out of the cliched and outdated “boxy” look.
A prominent landscape designer urged Malaysian designers to put natural [...]

RM100m hospital for Ara Damansara

The new hospital, part of Sime Darby’s vision in becoming a formidable healthcare player in Malaysia, is expected to be completed by 2012
Malaysia’s largest conglomerate Sime Darby Bhd will build a new RM100 million hospital at its residential development in Ara Damansara, Selangor, bringing the group’s total number of hospitals in the country to four.
The [...]

A night to remember

It was a prestigious night as the creme de la creme of the country’s property sector were honoured at the International Real Estate Federation (FIABCI) Malaysia Property Award 2009 on Monday.
Dubbed the “Property Oscars” by industry players, the highlight of the night was the ‘Property CEO of the Year’ award that was bagged by Malaysian [...]

Gadang bidding for projects worth over RM2b

GADANG Holdings Bhd, a construction and property development firm, is bidding for more than RM2 billion worth of projects in the country, which include works for the new low-cost carrier terminal in Sepang and the gas-fired power plant in Kimanis, Sabah.
The bidding period for both projects will close by next month.
“With the company’s past track [...]

Shahril of MRCB is Property CEO of 2009

SHAHRIL Ridza Ridzuan, group managing director of Malaysian Resources Corporation Bhd (MRCB), has won the “Property Chief Executive Officer of 2009″ award given by the International Real Estate Federation (FIABCI) Malaysian Chapter.
Shahril, who received the award at a ceremony yesterday from the Sultan of Selangor Sultan Shahrafuddin Idris Shah, joined MRCB as executive director in [...]

Taking urban living to a whole new level

HOME is not just where the heart is, but a place where people rest and spend time with their family, says SDB Properties Sdn Bhd managing director Teh Lip Kim.
“Building homes and providing purchasers with extraordinary living experiences with the concept of living beyond the four walls is what we believe in,” says Teh.
Park Seven [...]