Overseas Property Investment

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

Sweetener: Johor Baru’s close proximity with Singapore has attracted buyers to properties in Iskandar Malaysia. The outlook for the Johor property market is likely to remain positive in the second half of the year based on the number of property transactions taking place in the state. Johor Real Estate and Housing Developers Association (Rehda) branch [...]

SINGAPORE: Malaysia Property Inc’s (MPI) Singapore Gallery has launched a marketing initiative with Glomac Bhd to promote three new residential launches – Suria Residen (Kuala Lumpur), Mutiara Damansara Residences and Glomac Damansara Residences (Selangor) to Singapore home buyers and investors. Glomac’s group managing director/chief executive officer, Datuk FD Iskandar said Singaporeans, who were considering a [...]

GEORGE TOWN: The general election appears to be a factor in property purchasing decisions by certain investors, a survey carried out by an online property portal has revealed. PropertyGuru, Asia’s leading property portal, and its Malaysian arm HomeGuru, have said 40 per cent of over 2,000 respondents of a survey carried out in Malaysia have [...]

Kuala Lumpur: 1Malaysia Development Bhd (1MDB), the government-owned firm in charge of setting up the Kuala Lumpur International Financial District (KLIFD), has picked Akitek Ju-rurancang (Malaysia) Sdn Bhd and its international partner, Machado Silvetti and Associates (MSA), as the project’s master planners. The US$8 billion (RM23.7 billion) KLIFD, one of Malaysia’s biggest projects, aims to [...]

KUALA LUMPUR: Investors looking for exposure to the Penang property market have naturally gravitated to the island, with Eastern & Oriental Bhd being the current hot favourite. They have largely ignored the mainland. But if the latest sales numbers from leading mainland Penang player Tambun Indah Land Bhd are any indication, property companies focusing on [...]

KUALA LUMPUR: MAGNA PRIMA BHD is making into foray into Australia to undertake a mixed residential and commercial project in Melbourne with an indicative gross development cost of A$148 million (RM482.18 million). The company said on Friday, Aug 5 it expected to record a profit of A$62 million (RM200.32 million) from the project. Magna Prima [...]

PETALING JAYA: Property developer SP Setia Bhd yesterday quashed rumours that it was among those eyeing a stake in property and hospitality company Eastern and Oriental Bhd (E&O). The company told Bursa Malaysia that while it would continuously assess possibilities for strategic partnerships and land-banking opportunities, it was not in any acquisition or takeover talks [...]

Mah Sing has been given the first contract for the RM9 billion privatised urban regeneration project in Kuala Lumpur Kuala Lumpur: Asie Sdn Bhd has dished out the first contract for the RM9 billion privatised urban regeneration project in Kuala Lumpur to Mah Sing Group Bhd, Malaysia’s fifth largest property developer by revenue. The contract [...]

AmInvestment Bank Group director of retail funds says he sees a small bubble in the property market, but it’s no where near big yet KUALA LUMPUR: There is a property bubble building up in Malaysia and the region but it is nowhere near alarming levels as the main indicators are still at comfortable levels, AmInvestment [...]

PETALING JAYA: The recently announced 1Malaysia Housing Programme (Prima) is likely to be helmed by the low-profile Datuk Abdul Mutalib Alias, according to sources. Prima is a scheme designed by the Government to ensure the availability of affordable quality homes within the Klang Valley for the people, in particular the youths. Abdul Mutalib is currently [...]