Overseas Property Investment

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

CYBERJAYA’S overall development, encompassing the ambitious MSC Malaysia to leapfrog Malaysia into the information and knowledge age, is expected to be 30 per cent complete by year-end. Cyberjaya landowner, Cyberview Sdn Bhd, said the township’s current level of development has exceeded the target, with investors having injected RM5 billion worth of investments in building construction. [...]

Rising house prices show that residential properties have become the “hottest” pick for investors who are flushed with cash and believe investing in a tangible asset is a good investment choice. Although it may seem that the property market is on a “wholesale revaluation exercise” with prices climbing across-the-board, it is actually not so. A [...]

Last month, Prime Minister Datuk Seri Najib Tun Razak told Johor Umno branch leaders not to be emotional or parochial about Singapore investments. For years, there has been this unhappiness about Singapore’s presence in the state, from the day tourists to corporate investors. The fact remains that Johor – and the country – need the [...]

As I was getting ready for some exercise early yesterday morning, I saw a man walking up the street dropping a leaflet into the mailboxes of homes. I took one off him as he approached the front of my house and it was an advertisement for properties. The houses on offer in the secondary market [...]

The Malaysian REIT Managers Association (MRMA) has proposed a new set of incentives to enhance the existing tax concessions for real estate investment trusts (REITs). The current tax concessions will expire next year. It is proposing zero tax for individual local and foreign investors and 10 per cent flat withholding tax for all investors. “The [...]

MALAYSIAN Resources Corp Bhd (MRCB) expects an annual return of 6-7 per cent from its RM1 billion Nu Sentral retail mall at Kuala Lumpur Sentral in Brickfields, Kuala Lumpur. Chief executive officer Mohamed Razeek Hussain is confident all 270 retail lots will be taken up before its completion in early 2012. However, he declined to [...]

With the opening of 20 malls in the Klang Valley with a total net floor area of 4.4 million sq ft this year, the retail property market is likely to face an oversupply situation with pressure on rental rates, property consultants say. Many shopping mall projects that were put on hold are back on track, [...]

SHAH ALAM: Bolton Bhd will unveil a new commercial development in Puchong, known as The Wharf, later this month, said executive director Chan Wing Kwong. The development, with a gross development value (GDV) of RM650mil, is a mixed offering of boutique shop offices, service apartments and a retail shopping mall. The Wharf would highlight green [...]

Property developer Bolton Bhd will unveil a new commercial development in Puchong, known as “The Wharf”, later this month, said its executive director Chan Wing Kwong. The development, with a gross development value of RM650 million, is a mixed offering of boutique shop offices, service apartments and a retail shopping mall. The Wharf would highlight [...]

Bolton Bhd, a Malaysian property developer, will start property projects this year that may generate RM500 million in sales, chairman Azman Yahya told reporters in Shah Alam, near Kuala Lumpur today. The projects are mostly in the capital, including high-end condominiums in Bukit Tunku residential area and Jalan Bukit Ceylon, Azman said. By Bloomberg