News: indonesia property investment

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

Jeffrey Ng says purchase of Putra Place proper

PETALING JAYA: Sunway REIT Management Sdn Bhd and OSK Trustees Bhd have followed the proper procedures in the acquisition of Putra Place at a public auction, said Sunway REIT Management chief executive officer Datuk Jeffrey Ng. Datuk Jeffrey Ng says the trustee and the manager of Putra Place would vigorously defend all claims raised by [...]

A Bulgari hotel in Malaysia possible, says Marriott COO

MARRIOTT International Inc, which operates the luxurious Bulgari Hotels & Resorts brand, does not discount the possibility of hotel opening in Malaysia. Currently, there are only two Bulgari hotels in the world; a city hotel in Milan, Italy, and a resort villa in Bali, Indonesia. “There have been people asking about it (Bulgari) but there [...]

Chinese Property Bubble: More Measures to Curb Foreign Investment

Back on board the China property market rollercoaster as we ride into 2011. Before the last stop we watch a sub-index of property stocks on the Shanghai Composite Index slump 28% at the end of last year on the promise of new property taxes to curb growth. Now as it seems unlikely the taxes will [...]

South Africa to Ban Land Sales to Foreigners

This one is bound to have sent a few shivers down the overseas property industry’s spine. South African President Jacob Zuma is thought to be coming nearer to banning foreign ownership of land in the country. However, the ban may not be as alarming as the headlines read. “Land reform will now be based on [...]

YTL Corp bullish on growth prospects

SINGAPORE: YTL Corp Bhd sees good growth for the company despite the challenging global economic environment. “We have just announced profits this year,” said YTL Singapore Pte Ltd executive director, Ruth Yeoh Pei Cheen “It will continue to perform good business,” she told Bernama in an interview here recently. YTL Corp Bhd recently announced a [...]

Bid to block sale of Putra Place to SunREIT

Two individuals, Robert Ti and Indonesian Kornelis Kurniadi, are trying to block the sale of Putra Place to Sunway Real Estate Investment Trusts (SunREIT). They are taking legal action against OSK Trustees Bhd and SunREIT. Ti and Kurniadi have also named Commerce International Merchant Bankers Bhd and Deputy Registrar. The plaintiffs are seeking an injunction [...]

Bali old arts

The arts can be found at the Karangasem Palace in east of Bali. The crafts almost can be seen on every wall of the palace. Picture taken around Bali for Bali villas Random PostBali bid for tax share (0)Indonesia’s Property Market Booms (0)Bali Property Villas | Villa Des Indes Seminyak (5)Booking Phuket Hotels For a [...]

Bali Home of the finest Holiday Villas in The World

Bali extends an area of 5,632.86 square kilometers with population now approximately 3 million +. These averages out to 517 inhabitants per km2. Bali is and Indonesian archipelago firmly placed between Java in the west and lombok in the east represented of several islands. They are Bali, Penida, Ceningan, Lembongan, and Menjangan. Bali likewise is [...]

Indo Passes Law Allowing Foreign Spouses Visas

In a landmark law the Indonesian government passed a new immigration law allowing foreign spouses the right to reside and work in the country.

US housing system a bad model: IMF

The International Monetary Fund on Wednesday singled out the United States as a poster child for bad housing policies, calling on Washington to reform for the sake of global financial stability. “The US housing finance system, which has several unique features, needs to be reformed,” said the IMF in its twice-yearly Global Financial Stability Report. [...]