News: malaysian property investment

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

Ipoh condo project among top SEA property award winners

SINGAPORE: A condominium development in Ipoh has been named Malaysia’s Best Condominium at a property event here that gathered a host of high-flying professionals and companies from the luxury residential property sector from all over the region. The Haven Lakeside Residencies development was among four Malaysian entries that shone at the annual South-East Asia Property [...]

Stratified developments becoming a way of life

As stratified developments become a way a life, good maintenance and management have become an issue. EARLIER this year, a new set of property managers replaced the previous one in the condominium that Siti lives. Not having a current account, she paid her quarterly management fees in cash. She was told that the receipt would [...]

Global launch of Battersea project in Jan

SHAH ALAM: SP Setia Bhd will kick off the worldwide launch for the first phase of its Battersea Power Station project in January next year, said its top executive. “It will be a worldwide launch stretching over a six-month period,” SP Setia president and chief executive officer Tan Sri Liew Kee Si told pressmen after [...]

Sunway REIT gets award for excellence

PETALING JAYA: Sunway Real Estate Investment Trust (Sunway REIT) has been awarded the National Annual Corporate Report Awards (NACRA) under the category of Excellence Awards for REITs and Closed-End Funds. NACRA is a joint effort between Bursa Malaysia Bhd, Malaysian Institute of Accountants and The Malaysian Institute of Certified Public Accountants. The objective of the [...]

Foreigners snapping up Malaysian properties

Influx of investors: They are still buying properties worth over RM1 million because they have the money There is an influx of investors from China, Hong Kong, Japan, Singapore and South Korea buying residential properties here, says PropertyGuru.com.my head of marketing Jason Thoe. They are buying the properties for their own stay or as an [...]

Interesting times ahead for Malaysia’s REITs industry

SINGAPORE: There are interesting times ahead for Malaysian Real Estate Investment Trusts (M-REITs) which is also set to attract new players to the market. Sunway REIT Management Sdn Bhd chief executive officer Datuk Jeffrey Ng said with the success of the listing of M-REITs and the performance track record (total return), the industry will continue [...]

UEM Land raised to ‘trading buy’

RHB Research has raised its call on Malaysian builder UEM Land Holdings Bhd to “trading buy” from “market perform”, citing bright prospects for projects in the economic region of Iskandar. “We expect the Iskandar region to keep up with its news flow after the opening of Legoland, Lifestyle Mall, Marlborough College as well as other [...]

Great Mall of China set to become world’s largest

BERJAYA Land Bhd’s (BLand) The Great Mall of China (GMOC) is set to outdo others for the bragging rights as the world’s largest shopping mall. And BLand has every reason to be confident of GMOC’s success, particularly in ‘terms of demand for space leasing’ as Beijing has high per capital income of US$12,447 (RM39, 200) [...]

More strategic plan required to meet need for affordable housing

PROPERTY prices are a favourite subject for conversation among Malaysians. It is to be expected. Everyone is looking to buy a house or apartment, either to have a roof over his head or to sell it for a profit at some point in the future. To have a house or apartment of your own has [...]

Sepang GoldCoast enters JV with Chinese firm

SHAH ALAM: Sepang GoldCoast Sdn Bhd has signed a memorandum of understanding (MoU) with China-based Zhejiang Zhongxia Investment Co Ltd for the joint development of a new project in Sepang Gold Coast. Sepang GoldCoast Sdn Bhd is a joint-venture company between Permodalan Negeri Selangor Bhd (PNSB) and Sepang Bay Sdn Bhd. PNSB is the Selangor [...]