Overseas Property Investment

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

Malaysia’s Hong Leong Group property arm, GuocoLand (China) Ltd (GLC), is set to go bigger into integrated development in China from its early years of single building projects when it first set foot in that country. GLC managing director Violet Lee said that after GLC’s flagship project, Guoson Centre, won the Best International Mixed-Use Development [...]

LONDON: Malaysia’s Hong Leong Group property arm, GuocoLand (China) Ltd (GLC), was voted the Best International Mixed-Use Development at the International Property Awards here over the weekend for its US$2 billion flagship project Guoson Centre. The achievement sets an important milestone for China as it is the first time that one of its mixed-use projects [...]

YTL Corp Bhd’s first-quarter net profit for the period ended September 30 2010 jumped by 34.4 per cent to RM278.9 million over RM207.5 million recorded last year. Revenue for the first three months of the year ending June 30 2011 improved by 12.1 per cent to RM4.4 billion compared with RM3.93 billion previously. The group [...]

It is hungry for more land bank in China and GuocoLand China Ltd group managing director Violet Lee said the company had allocated about 6.6 billion yuan (RM3.1bil) to increase its land bank SHANGHAI: GuocoLand Ltd, which is a Singapore-listed property investment arm of Malaysian conglomerate Hong Leong Group, will hunt for other land in [...]

Menara Binjai, a 35-storey state-of-the-art green office tower Menara Binjai, a 35-storey state-of-theart green office tower being built in the heart of KL’s Golden Triangle, has been awarded Singapore’s Provisional Building and Construction Authority (“BCA”) Green Mark Gold Certification. Menara Binjai is also awaiting the final approval for its certification from Malaysia’s Green Building Index [...]

Geneva, 6th October 2010 – NBA San Antonio Spurs basketball star Tony Parker has bought an apartment in the luxury “Du Parc Kempinski Private Residences” above Lake Geneva, Switzerland, which looks out onto stunning views of the Alps. “Du Parc Kempinski Private Residences” was a former Grand Hotel that was built in 1906, in the [...]

Pricey London Homes Have Firm Foundations [Wall Street Journal] The Karzai empire, villas in Dubai and fears over Afghan aid [Telegraph] Boat Foreclosures on the Rise [WSTV] Global Housing Rebound Loses Momentum, OECD Says [Bloomberg] Canadian housing looks “overpriced”: OECD [YourHome.ca] 22 per cent of foreign U.S property buyers, invest in Florida [CapeCod Times] South [...]

A recent article from International Property Journal cites a survey by North Carolina research firm E360 that included 612 existing second home owners. It found that Mexico is still the most popular international location for second home buyers. According to the article: Despite the constant headlines about drug-related violence, Mexico remains the preferred destination for [...]

Sited behind Shangri-La Hotel Kuala Lumpur and UBN Apartments, the property comprising an 18-storey office building and a 25-storey apartment block is going for an estimated RM306 million. Menara Taipan Star in Jalan P. Ramlee in Kuala Lumpur’s so-called Golden Triangle, has been put up for sale for an estimated RM306 million. Located behind Shangri-La [...]

A new event to be held in Moscow on 11th & 12th November aims to help international agents break into the potentially lucrative Russian buyer market. Russian Summit brings together some of the biggest agents working in international real estate in Russia such as Intermark Savills, Knight Frank Russia and Gordon Rock; with an audience [...]