Overseas Property Investment

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

KUALA LUMPUR: It was the most obvious missing piece in the jigsaw puzzle for Iskandar Malaysia. For about five years, the country’s biggest special economic zone was waiting for its closest neighbour to come as an investor. This was only logical since Iskandar is right next door to the island-republic and it was also touted [...]

Growth in new rental property combined with an exodus of renters is causing rental property prices and values to fall in the United Arab Emirates and the trend is set to continue, according to analysts. The report by Kuwait-based Global Investment House indicates that prices have fallen 56% in Dubai…

Lack of supply is sustaining rents and spurring development in the Middle East retail sector, including Cairo Festival City and the Avenues Mall in Kuwait. With retail sales emerging from a slump, shopping complexes are springing up across the Saudi region, attracting domestic and international brands…

While property sales volume in Kuwait more than doubled in the second quarter, over the same period last year, the news is less spectacular considering 2009′s dismal activity level. The buying spree in residential and investment property didn’t carry over into commercial real estate, and loan levels…

While property sales volume in Kuwait more than doubled in the second quarter, over the same period last year, the news is less spectacular considering 2009′s dismal activity level. The buying spree in residential and investment property didn’t carry over into commercial real estate, and loan levels…

PROPERTY developer Rahsia Estates Sdn Bhd, a subsidiary of Riverbank Suites Sdn Bhd, has chosen Langkawi for its newest project called Rahsia Estates Residences & Spa Langkawi. Group Chief Executive Officer Hanizah Tun Abdul Hamid said the gross development value would be approximately RM250 million while the total cost RM180 million. “It will be parceled [...]

JOHOR BARU: Iskandar Investment Bhd (IIB) will be awarding six construction packages with a total value of RM250mil to successful bidders by the end of the month. Arlida Ariff says catalytic projects are progressing well President and chief executive officer Arlida Ariff said the packages were mostly for the actual construction work on the buildings [...]

After a slight downturn in February, sales of residential property in Kuwait were up almost 200 percent in March, over the previous year. Meanwhile, in Dubai, delinquent owners are facing seizure of near-completion plan properties, by officials responding to the rash of defaults in the wake of plummeting…

NUSAJAYA: Global Capital and Development Sdn Bhd will be launching three mixed property development zones in Medini, near here, in the last quarter of the year. Millennium Development International (MDI) Malaysia country manager Richard Polkinghorne said earthwork and laying of infrastructure facilities at the three zones started a year ago and were progressing well. He [...]

Kuwait Finance House (Malaysia) Bhd (KFHMB) is looking to buy Grade A commercial buildings and residential towers in Kuala Lumpur. “KFHMB prefer properties in the KLCC area. There are a few going below market value. Any transactions by KFHMB will be done outside of the bank’s balance sheet,” a source said. He said KFHMB will [...]